You deposit $1000 at the beginning of each semi-annual period for 7 years at 5% compounded semi-annually. Determine the future value.
The future value of the deposits is $9,269.45. This can be calculated using the following formula FV = P × (1 + i)^n
Computation of Future Value compounded semi-annually.Given Data
Periodic payment P = $1000Periodic interest rate i = = 0.05/2 = 0.025 (the semi-annual interest rate)Number of periods n = 7 × 2 = 14 (7 years, compounded semi-annually).Substituting our given data into the formula above we have
FV = 1000 × (1 + 0.025)^14
FV = 1000 × 2.1388 = $2,138.80
The total future value of the deposits is then $2,138.80 × 7 = $9,269.45
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PLEASE HELP ME THIS IS DUE TODAY!!!
dont answer if you dont know please!
Kimberly Melville comes in wanting to order a personalized flower arrangement. She wants an arrangement with 10 white daisies, 4 white peonies, and 2 pink lilies. White daises are $1 each, white peonies are $2.75 each, and pink lilies are $4 each. Kimberly also chooses a vase that costs $14.00. Each of these items is taxable, and the tax rate is 7.5%. You write down her address as 300 Starlight Court, Baltimore MD, 21228. make an invoice for this order.
Answer:
| INVOICE |
| Kimberly Melville |
| 300 Starlight Court |
| Baltimore, MD 21228 |
| Item | Price |
| 10 White Daisies | $10.00 |
| 4 White Peonies | $11.00 |
| 2 Pink Lilies | $8.00 |
| Vase | $14.00 |
| Tax (7.5%) | $3.37 |
| Total | $46.37 |
1.
...........It takes the same principles that economists use to
analyse people's actions in the marketplace and applies them to people's actions in collective
decision making.
Answer:
The sentence describes the concept of using economic principles to analyze collective decision making.
returns on investment is computed in the following manner. ROI is equal to turnover multiplied by earning as a percent of sales. turnover is sales divided by total investment.. total investment is current assets (inventories, accounts receivables and cash) plus fixed assets. earnings equal sales minus the cost of sales
a) construct an influence diagram that relates these variables
b) define symbols and develop mathematical model
Answer:
+-----------+
| Sales |
+-----+-----+
|
v
+-----+-----+
|Cost of Sales|
+-----+-----+
|
v
+-----+-----+
| Earnings |
+-----+-----+
|
v
+-----+-----+ +-------------+
| Total Investment = | Current Assets | + | Fixed Assets |
+-----+-----+ +-------------+
|
v
+-----+-----+
| Turnover |
+-----+-----+
|
v
+-----------+
| ROI |
+-----------+
Explanation:
b) Symbols:
Sales: S
Cost of sales: C
Earnings: E
Current assets: A
Fixed assets: F
Total investment: I
Turnover: T
Return on investment: R
Mathematical model:
E = S - C
I = A + F
T = S / I
R = T * (E / S)
Simpson wanted to have a face-to-face conversation with the professor about the problems he was having in class. But instead he ended up texting “this is a hard course” to the professor. Because of the shift to written communication, Simpson can expect which of the following?
The shift to written communication, Simpson can expect which of the following More opportunities for misunderstanding.
What is the benefit of miscommunication?The ability to collaborate, a skill required in the New Economy, can be improved by paying attention to how people react to the information we provide. New ways of organizing our jobs can result from misunderstandings.
What can we do to reduce miscommunication?Understand that active listening and passive hearing are two different things.
Listen with your stomach, ears, and sight.
Attempt to be understood while taking your time to understand.
Recognize the filters you use for your own perception.
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Describe one specific change you would suggest for the Wells Fargo pay plan in one paragraph. E.x. add a different performance outcome or get more specific on how one of their new performance outcomes could be enacted or consider how to improve internal whistleblowing. Remember that contingent rewards often have unintended consequences, so explain how your change will help assure the performance outcome actually desired in another paragraph.
If you are an employee and you disclose specific wrongdoings. Usually, but not always, this will be something you've seen at work. You must reveal misbehavior that is in the public interest.
What is performance outcome?
A measurement based on an action taken by a patient in accordance with guidance given by a healthcare provider. PerfO assessments necessitate the cooperation and motivation of the patient.
Wells Fargo promotes online investment opportunities for investors by providing banking, insurance, deposits, loans, and funding for individuals and businesses through more than 8,600 jurisdictions, 13,000 ATMs, the platform, and mobile capital, as well as through its outlets in 36 regions and nations. With over 268,000 employees, Wells Fargo serves one in every five households in the United States. In fact, Wells Fargo & Company is ranked No. 27 on the 2016 Money list of the top corporations in the country.
Meeting our customers' financial needs and promoting their economic well-being are important priorities for Wells Fargo. Opportunities on Wells Fargo are also available at Wells Fargo Blogs and Wells Fargo Stories.
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Explain why a company like Salesforce.com requires so much money to become successful. Once the software is built, what are the incremental costs of adding additional customers? How does this affect profitability?
The answer is Salesforce required a large amount of money to develop systems needed to design its product, which offered one of the earliest SaaS products to the companies.
One-third of the customers of the sales force are small businesses, that means incremental costs of adding additional customers are divided and therefore are efficiently distributed.
This affects profitability in positive way due to services like creating and tracking marketing campaigns, keeping track of customer issues based on their escalation and resolution levels.
What is the greatest way to define business?A company or inventive entity doing in commercial, industrial, or professional activity is as a business. Companies can be for-profit or nonprofit enterprises. Limited liability companies, sole proprietorships, corporations, and partnerships are all different sorts of businesses.
What is the definition of it in basic terms?A company is a place where individuals get together to work. People labor in an organization to produce and market goods and services. Other people purchase the goods and services. The person who employs workers is the employer.
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I have a shop that currently sells 50 kettles a week at £25 each. I undertake some market research, which indicates that for each £2 reduction in the price of the kettles, the number sold will increase by 5 each week. Assuming that this information is reliable, what should the price of these kettles have to be in order to maximise the weekly takings they bring in, and by how much would those takings increase?
The price of the kettles should be reduced by £2 to £23 per kettle in order to maximize the weekly takings.
How to calculate thisTo find the price that will maximize the weekly takings, we need to find the price point where the increase in sales due to the reduction in price is balanced out by the decrease in revenue due to the lower price.
Let's start by finding out how many kettles would be sold at different price points:
At £25 per kettle, we sell 50 kettles per week.At £23 per kettle, we can increase sales by 5 per week to 55 kettles.At £21 per kettle, we can increase sales by another 5 per week to 60 kettles.And so on, until we reach a price point where the increase in sales is offset by the lower price.
From this information, we can create a table to see the effect of reducing the price of kettles:
Price Quantity Revenue
£25 50 £1,250
£23 55 £1,265
£21 60 £1,260
£19 65 £1,235
£17 70 £1,190
£15 75 £1,125
From the table, we can see that the revenue peaks at £23, where we sell 55 kettles per week for a total of £1,265. This is an increase of £15 from the original revenue of £1,250 at the original price of £25.
Therefore, the price of the kettles should be reduced by £2 to £23 per kettle in order to maximize the weekly takings.
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Suppose a firm uses the NPV decision rule. Considering the following cash flows, should the firm accept this project: At a required return of 11%? At a required return of 25%?
year 0: -28,000 cash flow, year 1: 12,000 cash flow, year 2: 15,000 cash flow, year 3: 11,000 cashflow
Answer:
To determine whether the firm should accept this project using the NPV decision rule, we need to calculate the net present value (NPV) of the cash flows and compare it to zero. The formula for calculating NPV is:
NPV = CF₀ + CF₁/(1+r)¹ + CF₂/(1+r)² + CF₃/(1+r)³
Where CF represents the cash flows in each year, r represents the required rate of return, and the subscript represents the year.
At a required return of 11%:
NPV = -28,000 + 12,000/(1+0.11)¹ + 15,000/(1+0.11)² + 11,000/(1+0.11)³
NPV = -28,000 + 10,810.81 + 12,585.20 + 8,707.32
NPV = $3,103.33
At a required return of 11%, the NPV is positive, which means that the project is expected to generate more cash flows than the required rate of return. Therefore, the firm should accept this project.
At a required return of 25%:
NPV = -28,000 + 12,000/(1+0.25)¹ + 15,000/(1+0.25)² + 11,000/(1+0.25)³
NPV = -28,000 + 9,600 + 9,216 + 5,298.07
NPV = -$3,885.93
At a required return of 25%, the NPV is negative, which means that the project is expected to generate less cash flows than the required rate of return. Therefore, the firm should reject this project.
(Please could you kindly mark my answer as brainliest you could also follow me so that you could easily reach out to me for any other questions)
Hasbro views the toy market as composed of four age groupings, each with different needs and desires. Hasbro is using a(n).
as
a. differentiated; the marketing mix.
b. concentrated market; heterogeneous
c. undifferentiated market; heterogeneous
O d. differentiated; market segments
O e. undifferentiated market; market segments
targeting strategy for its groups, which are known
"
What is the present value of $3,325 per year, at a discount rate of 8 percent, if the first payment is received 7 years from now and the last payment is received 22 years from today?
Answer:
Explanation:
To calculate the present value of an annuity, we need to use the present value formula:
PV = C x ((1 - (1 + r)^-n) / r)
Where:
PV = present value
C = annual cash flow
r = discount rate
n = number of years
In this case, C = $3,325, r = 8%, and n = 22 - 7 = 15 (since the first payment is received 7 years from now and the last payment is received 22 years from today).
Using these values, we can calculate the present value of the annuity:
PV = $3,325 x ((1 - (1 + 0.08)^-15) / 0.08)
PV = $3,325 x ((1 - 0.2367) / 0.08)
PV = $3,325 x (0.7633 / 0.08)
PV = $3,325 x 9.5412
PV = $31,737.27
Therefore, the present value of the annuity is $31,737.27.
If the present value of cash flows greater than initial investment, so we shall
a) Accept the project
b) Reject the project
c) Need more information
d) None of the above
If you want to know whether a company had a profit or a loss during a specific period of time, which financial
statement would be most helpful?
Answer:
The financial statement that would be most helpful in determining whether a company had a profit or a loss during a specific period of time is the Income Statement (also known as Profit and Loss Statement). This statement summarizes a company's revenues, expenses, gains, and losses over a particular period, typically quarterly or annually. It shows the company's net income or net loss during the period by subtracting total expenses and losses from total revenues and gains. The income statement is an essential tool for investors, analysts, and managers to evaluate a company's financial performance and make informed decisions.
Place a checkmark next to each argument that supports abolishing the Federal Reserve Bank.
The Fed increases inflation.
Changing the U.S. currency system could destabilize the economy.
The Federal Reserve helps stimulate economic growth during depressions and recessions.
The Fed worsens economic depressions.
Poor management by the Fed has led to two major financial crises in the U.S. in the last 100 years.
The Federal Reserve is best equipped to supervise large firms and banks.
A more independent financial market is generally healthier and more stable.
The Fed does not have the knowledge necessary to make good decisions about interest rates.
The Federal Reserve uses its policy tools to carry out monetary policy, which largely affects employment and inflation. Yet regardless of how it may sound, it usually comes down to changing the amount of money available in the market to produce a particular level of inflation.
How does the economy fare once the Fed raises interest rates?The Fed increases interest rates to reduce aggregate demand and slow the flow of money through the economy. Higher interest rates will result in less demand for products and services, which should result in reduced prices for those things and services.
How does the Fed respond to rising inflation?She warned before of the Fed meeting that it would continue to rapidly hike rates if inflation remained stubbornly high. According to this scenario, housing prices could increase to 8% or more in the latter part of 2022 and the beginning of 2023.
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how is a long run average cost curve different from short run average cost
curve
Answer: in the short run, fixed assets are held fixed, whereas, in the long run, all costs are variable.
Please answer quickly!!!
Short-term disability. An insurance coverage known as short-term disability offers temporary financial support to people who are unable to work due to an injury, illness, or pregnancy.
A type of coverage called short-term disability insurance offers financial support to people who are unable to work because of a temporary disability. Injury, ailment, or pregnancy could all be to blame for the handicap. Depending on the policy, this insurance normally pays a percentage of the person's salary, typically between 60 and 70%, for a predetermined timeframe, usually up to six months or a year. Short-term disability insurance is designed to offer short-term financial assistance to aid the person with their costs until they are able to return to work. It can ease the financial strain brought on by an unforeseen disability and offer the individual and their family peace of mind.
Assume that a taxpayer can choose when he is to receive $10,000 of fully taxable income. If the taxpayer receives the income at the end of Year 1, he will receive exactly $10,000. If he delays receipt of the income until the end of Year 2, the amount will grow to $11,000. If the taxpayer takes the money at the end of Year 1, he can invest the proceeds and earn a pre-tax return of 10 percent over the next year.
If the taxpayer chooses to wait and receive the $10,000 at the end of Year 2, he will receive $11,000 due to the effect of compounding interest.
What is compounding interest?Compounding interest is the interest that accumulates on a sum of money over time and is based on the principal amount, the interest rate, and the number of compounding periods. It is the ‘interest on interest’ earned and adds to the original principal.
This is the most beneficial option for the taxpayer as he will make an additional $1,000 in income with no additional effort.
On the other hand, if the taxpayer receives the money at the end of Year 1, he can invest the proceeds and earn a pre-tax return of 10 percent over the next year. This would result in an additional $1,000 of pre-tax income for the taxpayer, which would be taxable in the following year. This is a less beneficial option for the taxpayer as he would need to pay taxes on the additional income and would not be able to benefit from the effect of compounding interest.
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Adams Furniture receives a special order for 10 sofas for a special price of $6,400. The direct materials and direct labor for each sofa are $160. In addition, supervision and other fixed overhead costs average $180 per sofa.
Required:
a1. What is the impact on operating income from accepting the special order?
a2. Based solely on a short-term financial analysis, should Adams accept the special order?
b1. If Adams is currently operating at full capacity, what would be the opportunity cost per unit for lost sales to regular customers if the special sales order is accepted and the selling price per unit on regular sales equals $750?
b2. Based solely on a short-term financial analysis, should Adams accept the special order if it is currently operating at full capacity?
The operating income from special order is $1400 and the opportunity cost per unit for lost sales to regular customers is $430.
What is the impact of the special order on the operating income?a1. To determine the impact on operating income from accepting the special order, we need to calculate the total cost per sofa and compare it to the special price of $6,400 for 10 sofas.
Total cost per sofa = Direct materials + Direct labor + Fixed overhead
Total cost per sofa = $160 + $160 + $180
Total cost per sofa = $500
Revenue from special order = $6,400
Operating income from special order = Revenue - Total cost
Operating income from special order = $6,400 - ($500 x 10)
Operating income from special order = $1,400
Therefore, the impact on operating income from accepting the special order is an increase of $1,400.
a2. Based solely on a short-term financial analysis, Adams should accept the special order since it will result in an increase in operating income.
b1. If Adams is currently operating at full capacity, accepting the special order will require the company to forgo regular sales to its customers. The opportunity cost per unit for lost sales to regular customers can be calculated as follows:
Opportunity cost per unit = Selling price per unit - Total variable cost per unit
Opportunity cost per unit = $750 - $320
Opportunity cost per unit = $430
Therefore, the opportunity cost per unit for lost sales to regular customers is $430.
b2. Based solely on a short-term financial analysis, whether Adams should accept the special order if it is currently operating at full capacity depends on whether the contribution margin from the special order is greater than the opportunity cost per unit for lost sales to regular customers.
Contribution margin per unit = Selling price per unit - Total variable cost per unit
Contribution margin per unit = $6,400 / 10 - $320
Contribution margin per unit = $640 - $320
Contribution margin per unit = $320
Since the contribution margin per unit of $320 is greater than the opportunity cost per unit for lost sales to regular customers of $430, Adams should accept the special order. However, it's worth noting that accepting the special order could have long-term consequences on the company's relationships with its regular customers.
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Which of these are managed by HRM? select the best option personal records, personnel policies, managerial practice, software system, email, all of the above
All of the options can be managed by the Human Resource Management (HRM).
What is Human Resource Management?Human Resource Management (HRM) is strategic approach to managing an organization's workforce. It is concerned with the recruitment, selection, training, development, compensation, and retention of employees. HRM aims to ensure that an organization has the right people, with the right skills, in the right jobs, at the right time. It also involves managing employee relations, such as handling conflicts, maintaining workplace safety, and promoting diversity and inclusion. HRM plays a crucial role in ensuring that an organization's employees are motivated, engaged, and productive, which in turn contributes to the overall success of the organization.
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For a recent year, McDonald's company-owned restaurants had the following sales and expenses (in millions):
Sales $23,000
Food and packaging $2,500
Payroll $2,200
Occupancy (rent, depreciation, etc.) $4,100
General, selling, and administrative expenses $4,200
Income from operations $10,000
Assume that the variable costs consist of food and packaging; payroll, 25% of occupancy and other expenses; and 40% of the general, selling, and administrative expenses.
a. What is McDonald's contribution margin? Round to the nearest tenth of a million (one decimal place).
b. What is McDonald's contribution margin ratio? Round to one decimal place.
c. How much would income from operations increase if same-store sales increased by $1,000 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the nearest tenth of a million (one decimal place).
a. McDonald's contribution margin is $12.3 million ($23,000 - ($2,500 + $2,200 + (0.25 × $4,100) + (0.40 × $4,200)).
What is margin?Margin is the difference between the total value of an investment portfolio and the amount of the loan taken out against it. It is a type of loan from a broker to an investor that allows the investor to buy securities that have greater value than the cash deposited. The investor must then maintain a minimum amount of equity in the portfolio to act as collateral for the loan.
b. McDonald's contribution margin ratio is 0.53 (12.3/23).
c. If same-store sales increase by $1,000 million for the coming year, with no change in the contribution margin ratio or fixed costs, income from operations will increase by $530 million ($1,000 × 0.53).
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How find income before income taxes on a income statement
It is calculated by first obtaining the total sales revenue, followed by the deducting the cost of goods sold, operational costs, and interest expense.
What is income statement?You can see the company's income and expenses on an income statement, which is a financial statement. It also reveals if a business is profitable or losing money over a specific time frame. You can better grasp your company's financial situation with the aid of the income statement, balance sheet, and cash flow statement. The following are important takeaways from this reading: Revenue, expenses, and net income are shown on the income statement. Net Income = Revenues - Expenses is the fundamental formula for an income statement. This straightforward equation illustrates the business' profitability. The company is profitable if revenues exceed expenses.For-profit companies typically use the balance sheet, income statement, cash flow statement, and statement of retained earnings as their four main financial statements.To learn more about income statement, refer to:
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Scenario:
You are a professional financial adviser and you assist your clients in selecting investments. Your supervisor gives you a list of "recommended mutual funds." Although these mutual funds appear riskier than you normally recommend to your clients, your supervisor assures you that these funds represent the best investment opportunities for the clients. The mutual funds on the "recommended list" are paying your company to place them on the list and providing free trips to your supervisor based on a point system (the more you sell, the more points earned.) You recommend these funds to your client and do not disclose that the funds are paying your company to recommend these funds.
Questions:
1. What are the ethical issues/dilemmas?
2. Who might be affected by this situation?
3. List three to five possible actions a person in this situation could take.
4. What would you do?
5. Discuss all of the “tests” that influenced your decision and explain why this test had an impact on your decision.
(The tests are: Harm, Legal, Precedent, Publicity, Defensibility, Mom, Reversibility, Virtues, Professional, Peer, Organization, How does it make me feel?)
{A. Harm test: Does this option do less harm than the alternatives?
B. Legality test: Is this option legal? If the answer is “no,” stop here!
C. Precedent test: Does this option set precedent, which, while the outcome in this fact pattern is not problematic, this option under another fact pattern could cause a dramatically different outcome?
D. Publicity test: Would I want my choice of this option published in the newspaper?
E. Defensibility test: Could I defend my choice of this option before a Congressional committee or a jury of my peers?
F. Mom/Dad test: What would Mom/Dad think of this option? Would this option disappoint those whose respect I value?
G. Reversibility or “Golden Rule” test: Would I still think the choice of this option good if I were one of those adversely affected by it? How would I want to be treated?}
Conflicts of interest, a lack of transparency, and the possibility of causing harm to customers are examples of the situation's ethical dilemmas.
What is Conflicts of Interest?A person or organization has a conflict of interest when they are involved in multiple interests, one of which could influence the motivation for the other.
2. This situation may have an impact on the clients, financial advisor, supervisor, and mutual fund companies that are part of the arrangement.
3. A person in this situation might take the following actions:
Refusing to recommend the mutual funds on the "recommended list," and providing the supervisor with an explanation for your decision.Revealing to clients that the shared assets on the "suggested list" are paying the organization and the boss in view of a point framework.seeking guidance on how to deal with the situation from a professional organization or compliance department.5. The following are examples of ethical tests that could influence a decision:
Hurt test: Clients may be misled into making investments that are not in line with their financial goals or risk tolerance if the mutual funds are recommended to them without the conflict of interest being disclosed.Validity check: Even though mutual funds paying the company to put them on the list might not be against the law, not telling customers this information could be against regulatory requirements.To know more about Conflicts of Interest, visit:
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Explain the relationship between unemployment and the multipler
More multipliers are produced by skilled employment or jobs in high-tech industries: a high skilled job creates, on average, 2.5 jobs in the non-tradable sector; a tech job creates, on average, 1.9 jobs in the non-tradable sector.
How does unemployment affect the multiplier?The multiplier effect could be used in reverse. If the government cut spending, some workers in the public sector might lose their employment. This will cause a temporary drop in the national income. Yet, rising unemployment will also lead to less spending on the part of the unemployed, which will lower demand elsewhere in the economy.
The employment multiplier impact is what?The job multiplier of an industry is a gauge of how crucial it is to other industries nearby. For every job produced in one industry, a multiplier of three means that two more jobs are created in other industries. In this instance, the polar opposite is also accurate.
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Try your skill in making words possessive in the following Write the correct form in the space provided. Write O if the sentence is correct.
1 We must answer this customers e-mail immediately
2. Is Tvers report ready to be submitted?
3. In six months time vou will have forgotten about this event.
4. Some customers felt they didn't get their moneys worth.
5. All applicants must pay two months rent in advance
B. Our companys policy is to issue credit, not cash, refunds.
7. All new depositors qualify for free checking accounts
B. The goal of the IRS is to simplify all taxpayers returns
9. Passengers concerns about cell phone use on planes is valid.
10. Every passengers luggage must be rayed, and some bags will be opened
11. The profits of all companies are being affected by developing technologies and worldwide competition
12. Sarn told me that five dollars worth of gas would not take me ver far
13. Nearly all management firms tailor their services and charges to a customers needs
14. Police officers checked all drivers licenses at two checkpoints
15. You can download many news releases that promote cell phones and ring tones
1. The customer's e-mail, 2. Tver's report, 3. You/your will have forgotten about this event, 4. Customers' money's worth, 5. All applicants' two months rent and many more given below:
What is Customer?A customer is a person or organization who buys goods and services from a business. Customers are the most important part of any business, as without them there would be no revenue. Customers are the lifeblood of any business, and customer satisfaction is always a priority. Businesses strive to provide customers with excellent products and service, as well as an enjoyable shopping experience.
6. Our company's policy
7. All new depositors' free checking accounts
8. The IRS's goal
9. Passengers' concerns
10. Every passenger's luggage
11. All companies' profits
12. Sarn's five dollars worth of gas
13. Nearly all management firms' services and charges
14. Police officers' checked all drivers' licenses
15. You can download many news releases that promote cell phones' and ring tones
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(a) compute the arithmetic mean and (b) indicate whether it is a statistic or a
parameter.
7. There are 10 salespeople employed by Midtown Ford. The number of new cars sold last month by the
respective salespeople were 15, 23, 4, 19, 18, 10, 10, 8, 28, 19.
(A) The arithmetic mean of this data is 15.4. (b) The arithmetic mean is a statistic.
What is arithmetic mean?Arithmetic mean, also known as the average, is a mathematical concept used to measure the central tendency of a population or data set. It is calculated by adding all of the values in a population or data set, and then dividing the sum by the number of values. The result of this calculation is the arithmetic mean, which provides an estimate of the average value in a given population or data set. It is useful for summarizing the average value of a set of numbers and is one of the most commonly used statistical measures. Arithmetic mean is important to understand because it provides a way to compare different populations or data sets, and can be used to make decisions about the data.
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what is the central component of a business model canvas
Answer:
VALUE PROPOSITION
Explanation:
This is the building block that is at the heart of the business model canvas,
And it represents your unique solution (product or service) for a a problem faced by a customer segment, or that create value for the customer segment
Hope it helpful^_^
What is a social audit and why do companies perform them? What factors would you consider in your social audit of Warby Parker?
A social audit is when companies assess and evaluate their social and environmental performance. Companies perform social audits to demonstrate social responsibility, enhance reputation, and identify areas for improvement.
Explanation:A social audit is a process used by companies to assess and evaluate their social and environmental performance. It involves examining the company's policies, practices, and impacts on society, as well as engaging with stakeholders to gather feedback and make improvements. Companies perform social audits to demonstrate their commitment to social responsibility, enhance reputation, identify areas for improvement, and align their actions with their values and goals.
In the case of Warby Parker, a social audit would consider factors such as their ethical sourcing of materials, labor practices, environmental sustainability efforts, community engagement, and diversity and inclusion initiatives. This would involve evaluating their supply chain, manufacturing processes, employee policies, philanthropic activities, and partnerships.
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PLEASE HELP! WHOEVER HELPS IN THE NEXT MINUTE I'LL GIVE BRANLIEST AND FULL MARK!!! I WILL ALSO GIVE BRANLIEST FOR MY UPCOMING QUESTION SINCE THIS IS AN ESSAY!!!
(essays that explains the role of profit as the incentive to entrepreneurs in a market economy. )
Your essay should include some or most of the following concepts:
- How scarcity affects the supply and demand curve and prices.
-The relationship between markets and entrepreneurs in a capitalist economy.
- Money's inherent value and how it can change.
- The three main components of growth.
- The characteristics of a pure competition market.
- The competition spectrum.
- Business and economic structures.
(at least 100 words)
Answer: Essay is below <3
Explanation: Scarcity arises when there's a mismatch between the supply and demand of a commodity; the demand surges, and the supply doesn't keep up. As a result, the commodity's price rises, which is termed scarcity pricing.
Because of inflation, your dollar today is worth more than it will be in the future. But the day-to-day value of money fluctuates as well because of the volume of demand for it. Dollar demand is measured by the exchange rate value, the value of Treasury notes, and the amount in foreign exchange reserves.
There are three main factors that drive economic growth: Accumulation of capital stock, increases in labor inputs, such as workers or hours worked, technological advancement
The three concepts I used were:
- How scarcity affects the supply and demand curve and prices.
- Money's inherent value and how it can change.
- The three main components of growth.
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Compute the current liquidity ratio for the company. And analyze the ratios
The current ratio is 0.65. The current ratio is less than one and it means that the current assets is insufficient to meet the current liabilities of the firm.
What is the current ratio?
Liquidity ratios measure a firm's ability to honour its short terms obligations. Current ratio is an example of a liquidity ratio.
The higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations.
Current ratio = current asset /current liability
Current asset in 2004 = (26,400/15,600) - 1 = 0.69
Current liabilities in 2004 = (13,160 / 6400) - 1 = 1.06
Current ratio = 0.69 / 1.06 = 0.65
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An important application of regression analysis in accounting is in the estimation of cost. By collecting data on volume
and cost and using the least squares method to develop an estimated regression equation relating volume and cost,
an accountant can estimate the cost associated with a particular manufacturing volume. Consider the following
sample of production volumes and total cost data for a manufacturing operation.
D
bo
Production Volume (units)
400
450
550
600
700
750
a. Use these data to develop an estimated regression equation that could be used to predict the total cost for a given
production volume. Do not round intermediate calculations.
=
Total Cost ($)
4,400
5,400
5,800
6,300
6,800
7,400
Compute bi and bo (to 1 decimal). Do not round intermediate calculations.
b₁
Complete the estimated regression equation (to 1 decimal). Do not round intermediate calculations.
y =
+
x
b. What is the variable cost per unit produced (to 2 decimal)? Do not round intermediate calculations.
$
c. Compute the coefficient of determination (to 3 decimals). Do not round intermediate calculations. Note: report ²
between 0 and 1.
The proportion of variability in y is 95.9%.
How to solve(A)
According to the data, production volume is the independent variable (x) and total cost is the dependent variable (y).
Guidelines for creating a regression model to create an estimated regression equation that may be applied to forecast the overall cost for a specific production volume.
1: Choose Stat > Regression > Regression.
2: In Response, enter the column of Total cost.
3: In Predictors, enter the columns of Production volume.
4: Click Ok.
Follow the above instructions to get the regression output as shown below:
Regression Analysis: Total Cost ($) versus Production Volume (units)
The regression equation is
Total Cost ($)
1247 7. 60 Pro
Part A
The estimated regression equation that could be used to predict the total cost for a given production volume is Totalcost($)= 1,247+7.60 production volume (units) .
The equation of the least squares line is,
Totalcost($)=1,247+7.60Productionvolume(units) .
Every additional unit of the variable production volume results in a 7.60 unit increase in the predicted total cost.
When the explanatory variable (production volume) is zero, the response variable (total cost) would have a value of $1,247.
(B)
The estimated regression equation is,
Totalcost($)=1,247+7.60Productionvolume(units)
From the regression equation, the slope represents the variable cost per unit produced which $7.60.
Part B
The variable cost per unit produced is $7.60.
The variable cost per unit produced is obtained from the estimated regression equation Totalcost($)=1,247+7.60Productionvolume(units) .
(C)
The regression output when done gives the values..
The MINITAB output shows that the production volume accounts for 95.9% of the variation in total cost, with a coefficient of determination of 0.959.
Part C
95.9% of the fluctuation in total cost can be described by production volume, according to the coefficient of determination of 0.959.
The proportion of variability in y is 95.9%.
The linear relationship between the variables production volume (x) and total cost accounts for 95.9% of the variability in total cost (y) (y).
The information obtained below provides the operation's projected total cost:
Total cost (S) 1,247+7.60 Production volume (units)
1,247+7.60 (500)
- 1,247 +3,800
=$5,047
Part D
The estimated total cost for this operation is $5,047.
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