If we select a random sample of 4 cars of this model, then the mean of the sample will approximately follow a normal distribution with mean $21,800 and standard deviation $100.
Standard deviation is a statistical measure of the amount of variation or dispersion of a set of data points relative to its mean or average value. It provides a numerical representation of how spread out the data is from the mean, and is widely used in many fields, including economics, finance, engineering, and social sciences.
To calculate the standard deviation of a set of data points, you first calculate the mean of the data set. Then, for each data point, you calculate the difference between the data point and the mean, square it, and then calculate the average of these squared differences. Finally, you take the square root of this average to obtain the standard deviation.
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If you paid $900 for a $1000 25-year bond that pays a 10% annual interest payment, the bond's yield is Multiple choice question. 11.1% 5.3% 10% 9%
The bond's yield given the amount paid for the bond, the face value and the annual interest payment is 11.1%.
What is the bond yield?A bond's yield is the interest rate that equates the cost of the bond to the cash inflows from the bond.
Bond yield can be determined using a financial calculator.
Cash flow in year 0 = -900Cash flow each year from year 1 to 25 = 10% x 1000 = 100 Cash flow in year 25 = 1000Bond yield = 11.1%
A target market is a group of customers that a business decides to aim its marketing efforts and ultimately its products on.
True
False
A target market being a group of customers that a business
decides to aim its marketing efforts and ultimately its
products on is True.
What are Products?These are the goods and services a company offers to the
public in order to take care of certain problems and also ensure
that profit is made in the organization.
Target market are the group of people in which the products
are made for. For example, a sanitary pad's target market is
females.
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true
Explanation:
noballs
one assumption of linear programming is that a decision maker cannot use negative values of parameters in the objective function. true false
It is true that one assumption of linear programming is that a decision maker cannot use negative values of parameters in the objective function.
What is linear programming?Linear programming is a mathematical modeling technique that maximizes or minimizes a linear function when subjected to various constraints.
This technique has been used to guide quantitative decisions in business planning, industrial engineering, and, to a lesser extent, social and physical sciences.
One linear programming assumption is that a decision maker cannot use negative values for parameters in the objective function.
Thus, the given statement is true.
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Q2) Consider the financial statement of Kmart given in the table below. A. Calculate the financial ratios of Kmart in 2010 and 2000 shm........ workings Analyze the change between the years 2009 and 2010 in terms of financial ratios. Which financial ratios would you check to evaluate the performance of inventory management and cash management? Which year is better in terms of inventory management and cash management?
To evaluate the performance of inventory management, you would check the inventory turnover ratio. This ratio measures how efficiently a company is managing its inventory by comparing the cost of goods sold (COGS) to the average inventory. The formula for inventory turnover ratio is:
Inventory Turnover Ratio = COGS / Average Inventory
To evaluate the performance of cash management, you would check the cash conversion cycle (CCC). The CCC measures how long it takes for a company to convert its investments in inventory and other resources into cash flows from sales. The formula for the cash conversion cycle is:
CCC = Days Inventory Outstanding + Days Sales Outstanding - Days Payable Outstanding
Now, to analyze the change between the years 2009 and 2010 in terms of financial ratios, you would calculate the inventory turnover ratio and the cash conversion cycle for both years. Then, compare the ratios for each year to see if there is an improvement or decline.
To determine which year is better in terms of inventory management, compare the inventory turnover ratios for 2009 and 2010. A higher inventory turnover ratio indicates better inventory management, as it means the company is selling its inventory more quickly.
To determine which year is better in terms of cash management, compare the cash conversion cycles for 2009 and 2010. A shorter cash conversion cycle indicates better cash management, as it means the company is able to convert its investments into cash flows more quickly.
Please provide the necessary data for the years 2009 and 2010, such as the COGS, average inventory, days inventory outstanding, days sales outstanding, and days payable outstanding, so that I can help you with the calculations and comparison.
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Martin Company currently produces and sells 35,000 units of product at a selling price of $13. The product has variable costs of $7 per unit and fixed costs of $45,000. The company currently earns a total contribution margin of:
Answer:
The company currently earns a total contribution margin of $ 20
A company's mission statement typically addresses which of the following questions? What approach should we take to achieve sustainable competitive advantage? What objectives and level of performance do we want to achieve? Who are we? What do we do? and Why are we here? Where are we going and what should our strategy be? The difference between the concept of a company mission statement and the concept of a strategic vision is that the mission is to make a profit, whereas a strategic vision concerns how to attract customers. a mission statement deals with what to accomplish on behalf of shareholders and a strategic vision concerns what to accomplish on behalf of customers. a mission statement concerns what to do to achieve short-run objectives and a strategic vision concerns what to do to achieve long-run performance targets. a mission statement typically concerns a company's present business scope ("who we are and what we do"), whereas the principal concern of a strategic vision is with the company's future business scope (long-term direction and future product-customer-market-technology focus).
A company's mission statement serves as a concise and clear declaration of its purpose and identity. It outlines the company's core values, goals, and strategic direction. The mission statement addresses several fundamental questions that guide the company's overall direction and decision-making processes.
Who are we? The mission statement defines the company's identity and character, conveying its unique qualities and distinguishing factors.
What do we do? It clarifies the nature of the company's business and the products or services it provides.
Why are we here? The mission statement explains the company's underlying purpose, its reason for existence, and the value it aims to create for its stakeholders.
What objectives and level of performance do we want to achieve? The mission statement outlines the company's goals, aspirations, and desired outcomes. It may include specific performance targets or metrics that the company aims to achieve.
Where are we going and what should our strategy be? The mission statement provides a broad perspective on the company's future direction and strategic focus. It highlights the intended trajectory, growth plans, and strategic initiatives that the company aims to pursue.
A company's mission statement plays a vital role in defining its purpose, identity, and strategic direction. It answers questions about the company's identity, purpose, objectives, strategy, and future focus. By clearly articulating these elements, the mission statement serves as a guiding principle for the company and aligns stakeholders around a common understanding of its core values and aspirations.
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Auditors have seen a phenomenal increase in the extent of computer processing among clients and substantial increases in the capability of computer hardware and software. To such audit systems auditors have several tasks for the completion of an audit including the evaluation of internal controls.
Required:
1) Explain how client internal controls can be improved through the proper installation of IT. List and explain 10 reasons.
2) What are the risks for accounting systems that rely heavily on IT functions. (20 Marks). List and explain 10 risks.
DETAILED EXPLANATION PLEASE
1. Proper IT installation improves by enhancing data accuracy, real-time monitoring, data security, workflow processes, and compliance.
2. Risks of IT-reliant accounting systems include system downtime, data breaches, inadequate controls, inaccurate data, lack of backup, governance issues, and obsolescence.
1. Proper installation of IT can improve client internal controls by:
a) Enhancing data accuracy and reliability
b) Enabling real-time monitoring and detection of errors or fraud
c) Facilitating automated data backups and disaster recovery
d) Streamlining workflow processes and reducing manual errors
e) Enhancing data security and access controls
f) Enabling effective segregation of duties
g) Enhancing audit trail and data traceability
h) Facilitating timely and accurate financial reporting
i) Supporting compliance with regulatory requirements
j) Improving overall operational efficiency.
2. Risks for accounting systems heavily reliant on IT functions include:
a) System downtime or failure
b) Data breaches and unauthorized access
c) Inadequate system controls and user access management
d) Inaccurate or incomplete data input
e) Lack of data backup and recovery mechanisms
f) Ineffective IT governance and oversight
g) Inadequate system documentation and change management
h) Dependence on third-party service providers
i) Incompatibility or obsolescence of IT systems
j) Increased complexity and potential for human error in system operation.
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Why would domino’s and little caesar segment the market for pizza?.
Answer:
Because customers' requirements aren't always the same, To be able to focus on a certain portion.
Explanation:
Hope this helps you!!!!! :D
A central bank's pursuit of policies that control inflation and reduce business cycle fluctuations best illustrates which core principle? Multiple Choice Markets determine prices and allocate resources. Time has value. Stability improves welfare. Risk requires compensation.
Answer:
Stability improves welfare
Explanation:
In simple words, central banks throughout the world try to cope with instability in their economic systems, in the form of inflation and deflation, by using various monetary and fiscal policies as well as related tools.
This is evidence of the fact that stability in an economy enhances welfare as the money value will not fluctuate continuously. Therefore, government can manage risk, tackle shocks and perform economic processes more efficiently.
In which item category would the sourcing strategies of ensuring availability of supply, focusing on relationship building, encouraging process integration and innovation, frequent communications, and establishing mutually agreeable supplier performance criteria, be appropriate
Suppose you want to be elected as a mayor in your locality. Prepare a written speech for presenting it before your voters in 250 words
Answer:
I respectfully present myself before you now as a candidate for mayor in our community. My objective is to build a community that is safe, active, and affluent.
My top priority is safety. I intend to increase law enforcement, prevent crime, and foster confidence between the police and our communities.
Participation is essential. I will listen to your concerns, include you in decision-making, and maintain open communication channels such as town halls and internet forums.
Our environment is important. I will campaign for sustainable development, the preservation of green places, and the use of renewable energy.
Education is essential. I plan to invest in schools, work with educators, and create chances for vocational training.
Economic development is critical. To enhance our economy and infrastructure, I will attract firms, support local businesses, and create jobs.
Together,Gentlemen and ladies,
I respectfully present myself before you now as a candidate for mayor in our community. My objective is to build a community that is safe, active, and affluent.
My top priority is safety. I intend to increase law enforcement, prevent crime, and foster confidence between the police and our communities.
Participation is essential. I will listen to your concerns, include you in decision-making, and maintain open communication channels such as town halls and internet forums.
Our environment is important. I will campaign for sustainable development, the preservation of green places, and the use of renewable energy.
Education is essential. I plan to invest in schools, work with educators, and create chances for vocational training.
Economic development is critical. To enhance our economy and infrastructure, I will attract firms, support local businesses, and create jobs.
Together,Gentlemen and ladies,
I respectfully present myself before you now as a candidate for mayor in our community. My objective is to build a community that is safe, active, and affluent.
My top priority is safety. I intend to increase law enforcement, prevent crime, and foster confidence between the police and our communities.
Participation is essential. I will listen to your concerns, include you in decision-making, and maintain open communication channels such as town halls and internet forums.
Our environment is important. I will campaign for sustainable development, the preservation of green places, and the use of renewable energy.
Education is essential. I plan to invest in schools, work with educators, and create chances for vocational training.
Economic development is critical. To enhance our economy and infrastructure, I will attract firms, support local businesses, and create jobs.
Together,Gentlemen and ladies,
I respectfully present myself before you now as a candidate for mayor in our community. My objective is to build a community that is safe, active, and affluent.
My top priority is safety. I intend to increase law enforcement, prevent crime, and foster confidence between the police and our communities.
Participation is essential. I will listen to your concerns, include you in decision-making, and maintain open communication channels such as town halls and internet forums.
Our environment is important. I will campaign for sustainable development, the preservation of green places, and the use of renewable energy.
Education is essential. I plan to invest in schools, work with educators, and create chances for vocational training.
Economic development is critical. To enhance our economy and infrastructure, I will attract firms, support local businesses, and create jobs.
Together, we can overcome challenges. With your support, I will be a mayor who listens, acts, and brings positive change to our community.
Thank you, and let's work towards a brighter future!
I'm watching RUBBE LANA videos
Answer:
Thats cool
Explanation:
a company breaks down a broad audience of consumers who are all different into smaller groups that have something in common. advertising to the chosen segments of the overall population is called:
A company divides a large audience of diverse consumers into smaller groups that share some characteristics. Market segmentation refers to advertising to specific segments of the general population.
What is meant by the term Market Segmentation?Marketing is a marketing phrase that refers to grouping prospective buyers in to the groups or segments with similar needs and responses to marketing actions. Market segmentation allows businesses to target different types of consumers who interpret the full value of different products and services differently.With risk reduced and clarity about marketing as well as delivery of a product increased, a company then can focus its resources on the most profitable efforts.Market segmentation also can help a company expand its demographic reach and discover services or products that it had not previously considered.Thus, Market segmentation refers to advertising to specific segments of the general population.
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a customer buys $100,000 of a new issue 30 year general obligation bond at 80. at maturity, the customer will have: a no capital gain or loss b a $2,000 capital gain c a $20,000 capital gain d a $20,000 capital loss
a customer buys $100,000 of a new issue 30 year general obligation bond at 80. at maturity, the customer will have: a no capital gain or loss
no capital gain or loss. Corporate, governmental, and municipal original issue discount bonds are all required to amass the discount during the period of the bond's lifetime. If the bond is kept to maturity and the whole discount has been accreted, the adjusted cost basis is par. Because the bonds are repaid at par, there is no capital gain or loss at maturity. Capital goods, often known as capital, are defined in economics as "those durable manufactured items that are in turn employed as productive inputs for future production of goods and services." In terms of macroeconomics, "the nation's capital stock comprises buildings, machinery, software, and inventories throughout a certain year.
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Over 50% of Americans have no long-term savings. Why do you think it's so
difficult for so many people to save money? Explain your opinion.
Answer:
because they cant stop spending money
Explanation:
money is money
What are the Fabrication Department's equivalent units of production related to conversion costs for July?
Answer:
94
Explanation:
The computation of the Fabrication Department's equivalent units of production related to conversion costs for July is shown below
Equivalent unit = Unit completed and transferred out + (ending work in process × percent completion)
= 74 + (20 × 100%)
= 94
As an accountant for hartley enterprises, you are responsible for preparing the statement of cash flows. you have transactions for dividends received and dividends paid during the current accounting period. where would you place these in the statement of cash flows
"Cash flow from financial activities" is the heading." This section of the cash flow statement displays all of your company's financing activity, including equity, loan, and dividend transactions.
What is cash flow statement?A cash flow statement is a financial statement that outlines all cash inflows a company receives from ongoing operations and outside investment sources.
It also includes all cash outflows for business and investment operations over a set period of time.
Thus, "Cash flow from financial activities" is the heading.
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Please help............
the guy who put letters in math is the reason im failing in geometry im just like
Answer:
I did that because I wanted to earn points, and alas. I wasnt sure how to other than this.
Explanation:
Can't we run a business without training?
yes definitely.......
*ECONOMICS* please help
thank you to whoever answers
Answer:
I think B
Explanation:
I don't know much about economics, but don't you need to have decent credit to take a loan (borrow) from the bank?
JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
Carradine Company prepares an adjusting journal entry to accrue salaries at year-end. What effect will this entry have on the financial statements
Answer: Increase in Liabilities; Decrease in Equity
Explanation:
If Salaries are accrued at year end, the salary expense will be credited to the Salaries Payable account which is a liability account to reflect that the company owes its staff some money.
The amount owed will be debited to the salaries expense account and so will reflect in the Income statement where it will reduce the net income for the period. This means that it will reduce Retained Earnings for the period and as Retained earnings is an Equity account, Equity in total will decrease.
The efficient use of scarce resources leads to an increase in:.
Answer:
Productivity
Explanation:
Hope that helps!
In general, an inverse relationship exists between:
a
b
human capital and income
education and unemployment
supply and price
education and earnings
d
Answer:
Explanation:
B
In general, it can be said that there exists an inverse relationship between the factors like education and unemployment in a society. Therefore, the option B holds true.
What is the significance of education and unemployment?The rate of education can be referred to as a proportion in which the total population of any given region gets educated. Unemployment rate refers to as the total population in any given region who do not have any employment or earning.
When the rate of education increases, the rate of unemployment decreases and vice versa. Thus, it can easily be concluded that there is an existence of inverse relationship between the rates of education and unemployment.
Therefore, the option B holds true and states regarding the inverse relationship between education and employment.
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What is the usage index for households buying Completely Nutsbrand peanut butter?
The usage index for households buying Completely Nuts brand peanut butter is a measure of how often the product is purchased compared to the average product in the category.
The usage index is calculated by dividing the number of households purchasing the product by the total number of households in the category and multiplying by 100.
For example, if 50 households purchase Completely Nuts brand peanut butter and there are 1,000 households in the category, the usage index would be (50/1000) x 100 = 5. This means that Completely Nuts brand peanut butter is purchased 5% as often as the average product in the category.
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carmichael processing is comparing three machines to determine which one to purchase. each machine has a unique price, annual operating cost, and life span. which one of the following computational methods should machlab use as the basis for its decision? a) internal rate of return b) net present value c) equivalent annual cost d) depreciation tax shield e) bottom-up operating cash flow
Carmichael processing is comparing three machines to determine Equivalent annual cost (EAC) is the method that Mahlab should use as the basis for its decision. So the correct option is C .
Equivalent annual cost (EAC) is a method used to compare the total cost of owning and operating different assets over their respective lifetimes. It takes into account the initial cost, operating costs, salvage value, and expected life of each asset, and calculates the equivalent annual cost of each asset, which is the annual cost of owning and operating the asset over its lifetime.
In the case of Carmichael Processing, since they are comparing machines with different prices, annual operating costs, and lifespans, the EAC method is appropriate as it will allow them to compare the cost of owning and operating each machine on an equal basis over their respective lifetimes. The machine with the lowest EAC will be the most cost-effective option for the company.
The other methods mentioned in the question (Internal Rate of Return, Net Present Value, Depreciation Tax Shield, and Bottom-up Operating Cash Flow) are also useful in evaluating investment decisions, but in this specific scenario, the Equivalent Annual Cost method is the most appropriate.
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what is a primary reason why some small businesses resist the opening of large chain retailers like walmart or home depot
One primary reason why some small businesses resist the opening of large chain retailers like Walmart or Home Depot is their fear of competition.
Small businesses are the backbone of many countries' economies. These small businesses are frequently referred to as the backbone of the economy. They are responsible for the majority of job creation and economic activity. However, with the advent of large chain retailers, small businesses have been greatly threatened, resulting in resistance from some small businesses.
In this context, one primary reason why some small businesses resist the opening of large chain retailers like Walmart or Home Depot is their fear of competition. Small businesses are concerned that these large chain retailers will provide an unfair advantage, allowing them to undercut local pricing and potentially drive small businesses out of operation.
Many small businesses do not have the resources to compete with large corporations. Large corporations have the financial resources to invest in research and development, marketing, and advertising. This investment allows them to gain a competitive advantage over small businesses. The entrance of a large chain retailer like Walmart into a town frequently leads to the closure of small businesses.
Additionally, Walmart's influence extends beyond its direct suppliers to include local suppliers. Small businesses that supply to Walmart frequently experience a decrease in profit margins, which can have a detrimental impact on their business operations.
In addition, Walmart frequently utilizes its market power to force suppliers to lower prices, reducing supplier profit margins even further. These factors result in resistance from small businesses when large chain retailers attempt to enter their communities.
In conclusion, the fear of competition from large corporations is the primary reason why small businesses resist the opening of large chain retailers like Walmart or Home Depot. They are concerned that the chain will be able to undercut their prices and drive them out of operation, leading to the closure of their businesses.
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Determine the value of z.
Question 9 options:
A)
53°
B)
121°
C)
57°
D)
239°
Explanation:
Let angle y be the unknown angle inside the triangle.
given
y + 87 + 34 = 180 (sum of angles in a triangle)
\(y + 87 + 34 = 180 \\ y + 121 = 180 \\ y = 180 - 121 \\ = 59\)
given y + z = 180 (angles on same straight line)
\(y + z = 180 \\ 59 + z = 180 \\ z = 180 - 59 \\ = 121\)
The answer should be 121°
Tom, a customer care executive, receives an order of 25 personal computers from a customer who wants the goods to be delivered to him in two days. Tom needs to inform the customer of that there will be a delay in shipping goods in bulk in such a short span of time. In order to maintain trust, Tom should: _________
a. update the customer only when they enquire on the delay in the shipment.
b. update the customer regarding the delay as per his own convenience.
c. update the customer regularly and keep the customer informed of any further delay
d. update the customer only when he or she raises a complaint regarding non-receipt of goods.
Answer:
b. update the customer regarding the delay as per his own convenience.
Based on the given information, Tom should update the customer regarding the delay at his own convenience. Thus the correct option is B.
What is a Customer?A customer is referred to as an individual who purchases a product or service. He may or may not be the consumer. A consumer refers to a person who utilizes or consume goods and service.
In the given case, it is explained that A customer orders 25 personal computers for Tom, a customer service representative, and requests that the items be delivered to him in two days.
Now it is observed that the order is getting delayed, in order to maintain trust with the customer he should inform the client of the delay at his earliest possible opportunity to avoid any dissatisfaction among customers.
Customer satisfaction is the key to the success of any business which can be achive through better customer service. If any delay is caused it is better to inform than to create any misunderstanding or confusion for later.
Therefore, option B is appropriate.
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