A wireless phone service provider advertises that their average startup fee is $73. Given that their startup fees are $8, $85, $92, and $107, why is this statistic misleading?

Answers

Answer 1

Answer:

The reason why it is statisticaly misleading is because, while it is true that the average fee is $73 (the median value in statistical terms), averages are a statistical measure that is very sensitive to extreme values.

That is to say, if a value is very high, or very low, the statistical mean will be biased.

We can see this in the question. Three values are higher than the average, and relatively close: $85, $92, and $107. The third value, however, is way lower, at only $8. This extreme low value alters the median value, making it biased and misleading.


Related Questions

When is sales intelligence important? What are the three most important pieces of sales intelligence a salesperson needs to know?

Answers

Answer:

it gives insight into who your prospects are so you can more effectively reach and connect with them. helping sales leaders better understand their prospects and customers, who they are, and how and why they buy.  provides real-time analysis of current sales data and assists with suggesting and delivering actionable, relevant information.

Explanation:

business studies grd 12 presentation on business environment​

Answers

The business environment is the set of internal and external factors that affect the operations and success of a business. It includes factors such as economic conditions, political and legal systems, technological advancements, social and cultural factors, and competitive forces.

Understanding the business environment is important for businesses because it enables them to identify opportunities and threats that may impact their operations.

Businesses can then use this information to make informed decisions about their strategies and plans.

For example, a business operating in a highly competitive market may need to focus on product differentiation or cost reduction strategies to stay competitive.

Similarly, a business operating in an unstable economic environment may need to adjust its pricing or marketing strategies to remain viable.

In summary, the business environment is a complex and dynamic system that affects businesses in various ways, and understanding it is critical for success in the business world.

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First one to answer gets a brainly, look at the picture please

First one to answer gets a brainly, look at the picture please

Answers

Answer:

c

Explanation:

Answer: B

Explanation:

Anne Dietz at Changi​ #3 (Singapore). Anne Dietz lives in​ Singapore, but is making her first business trip to​ Sydney, Australia. Standing in​ Singapore's new terminal​ #3 at Changi​ Airport, she looks at the foreign exchange quotes posted over the FX​ trader's booth. She wishes to exchange 1,100 Singapore dollars​ (S$ or​ SGD) for Australian dollars​ (A$ or​ AUD). What Anne​ sees: Spot rate​ (SGD = 1.00​ USD) 1.3443 Spot rate​ (USD = 1.00​ AUD) 0.7646 a. What is the Singapore dollar to Australian dollar cross​ rate? b. How many Australian dollars will Anne get for her Singapore​ dollars? a. What is the Singapore dollar to Australian dollar cross​ rate? The cross rate is SGD 1.0279 1.0279​/AUD. ​(Round to four decimal​ places.) b. How many Australian dollars will Anne get for her Singapore​ dollars? Anne will get AUD nothing . ​ (Round to two decimal​ places.)

Answers

Answer:

a. The Singapore dollar to Australian dollar cross​ rate is (SGD = 1.00 AUD) 1.0278.

b. The number of Australian dollars Anne will get is 1,070.25 Australian dollars.

Explanation:

a. What is the Singapore dollar to Australian dollar cross​ rate?

Given:

Spot rate​ (SGD = 1.00​ USD) 1.3443

Spot rate​ (USD = 1.00​ AUD) 0.7646

These imply that:

1.3443 SGD = 1.00​ USD ..................... (1)

0.7646 USD = 1.00​ AUD ................... (2)

From equation (2), we divide through by 0.7646 to have:

0.7646 / 0.7646 USD = 1.00 / 0.7646 AUD

1.00 USD = 1.3079 AUD

Substituting this into equation (1) and solve as follows:

1.3443 SGD = 1.00​ USD = 1.3079 AUD

Dropping 1.00​ USD, we have:

1.3443 SGD = 1.3079 AUD

Dividing through by 1.3079, we have:

1.3443 / 1.3079 SGD =  1.3079 / 1.3079 AUD

1.0278 SGD =  1.00 AUD

Therefore, the Singapore dollar to Australian dollar cross​ rate is (SGD = 1.00 AUD) 1.0278.

b. How many Australian dollars will Anne get for her Singapore​ dollars?

This can be calculated as follows:

Number of Australian dollars Anne will get = Amount of Singapore dollars​ Anne wishes to exchange for Australian dollars​ / Singapore dollar to Australian dollar cross​ rate = 1,100 / 1.0278 = 1,070.24712979179 Australian dollars

Rounding to two decimal​ places as required, we have:

Number of Australian dollars Anne will get = 1,070.25 Australian dollars

Therefore, the number of Australian dollars Anne will get is 1,070.25 Australian dollars.

Based on the spot rates between the three nations, the following is true:

The Singapore dollar to Australia dollar is 1.02785178 Singapore Dollars. Anne Dietz will get  AUD 1,070.19.

To find the cross rate, you should multiply the Singapore dollar to USD rate with the USD to Australian dollar rate:

= 1.3443 x 0.7646

= 1.02785178 Singapore Dollars

The amount that Anne would get for 1,100 SGD is:

= 1,100 / 1.02785178

= AUD 1,070.19

In conclusion, Anne would get AUD 1,070.19.

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Submission Requirements Hurry Pls Help ASAP!!!

Nine hundred word response.


When submitting written assignments, please remember to:


Submit the assignment question(s) and your responses.

Proofread for spelling, grammar, and punctuation.

Remember complete sentence structure.

Paragraphs need to have minimum of six sentences.


Submit your E.T.H.I.C.S. model of one of the provided scenarios.

Answers

When submitting written assignments, please remember to Proofread for spelling, grammar, and punctuation. Hence, option B is correct.

What is meant by Proofread?

Proofread is the double-checking of the written assignment or the work that is being already done to the person. It helps the person to identify the little mistakes that they have made during the making of the assignment.

Proofread is always a better solution to understand the work and makes the work complete and perfect. After Proofread, one can identify their mistakes and make them correct.

Thus, option B is correct.

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which of the following is not true about macroeconomics? 1. focus on the determinants of rational output 2. observation stickiness of important prices in the economy 3. focus on the determinants of production of particular product/industry 4. focus on general price level 5. focus on the determinants of total employment in the economy

Answers

Answer:

Number 2, number 3 and number 4 are  incorrect

Explanation:

Eight years ago you bought your house for $115,000. You just sold it for $267,000. What was the average annual appreciation of your home

Answers

Answer:

$19,000

Explanation:

appreciation is the difference between the price at which the house was bought and the price at which the house was sold

$267,000 - $115,000 = $152,000.

Average annual appreciation = $152,000 / 8 =$19,000

Answer:

(C)  y = 115,000(1.05)x

Explanation:

i just took the test

Compensation professionals in the XYZ Company use regression analysis to determine the pay rates of its marketing professionals. There are 4 different marketing job titles in the XYZ Company. Compensation professionals use job evaluation points assigned to each marketing job title and a salary survey data. In other words, they regress job evaluation points on the salary data to indicate the amount of variation in market pay rates that can be explained by a company's job structure. Which of the following best describes this amount of variation when the R2 value turns out to be 0.85?

a. All of the variation in market pay can be explained by the company's job structure.
b. None of the variation in market pay can be explained by the company's job structure.
c. A large amount of the variation in market pay can be explained by company's job structure.
d. A small amount of the variation in market pay can be explained by company's job structure

Answers

Answer:

XYZ Company

Determining the pay rates of marketing professionals:

The statement that best describes the amount of variation when the R2 value turns out to be 0.85 is:

c. A large amount of the variation in market pay can be explained by company's job structure.

Explanation:

If the R2 were 1, then we can conclude that the whole variation in the market pay rates is explained by XYZ's job structure.  But with R2 less than 1 but greater than 0.5, we can only conclude that a large part of the variation in the market pay rates is explainable by XYZ's job structure.  And if the R2 is less than 0.5, we can confidently conclude that the variation in the market pay rates is not due to XYZ's job structure.

Mobile task management technology is useful in Multiple Choice viral marketing programs. buy-online-and-pick-up-in-store purchases. direct marketing channels. franchises. direct store deliveries.

Answers

There are several forms of marketing channels. Mobile task management technology is useful in buy-online-and-pick-up-in-store purchases.

Mobile Task Manager (MTM) is known as a good rated customizable app that allows people to manage service request / work order.

Marketing channel management  is also known as supply chain management that uses different kinds of  approaches and techniques firms employ to efficiently and effectively integrate their suppliers.

Task management is simply known as the method of monitoring your project's tasks through their different stages from start to finish.

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The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment, Office Furniture, Accounts Payable, Randy Guttery Capital, Randy Guttery Drawing, Fees Income, Rent Expense, Utilities Expense, Salaries Expense, Telephone Expense, and Miscellaneous Expense.

The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment,
The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment,
The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment,

Answers

A collection of financial records that employ double-entry accounting is referred to informally as a T-account.

What is T- Account ?

The phrase defines how the bookkeeping entries appear. On a page, a huge letter T is first drawn.The account name is then written above the top horizontal line and split by the bottom horizontal line., and below that, split by the vertical T of the letter, debits are reported on the left and credits are recorded on the right.

Every financial transaction is taken into account to have an impact on at least two of a company's accounts in double-entry bookkeeping, a common accounting technique. Each transaction will be recorded in one account as a debit entry and in the other as a credit entry.

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The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment,

All of the following are costs (fees) associated with checking accounts except

A.) Monthly Service Charges

B.) Overdraft fees

C.) ATM Card transactions fees

D.) Direct Deposit

Answers

A A monthly maintenance fee (sometimes called a monthly service fee) is money a bank charges you for working with the company. The fee is usually automatically withdrawn from your account each month. In some cases, you'll pay the fee no matter what. But many banks let you waive the fee if you meet certain requirements.

Which of these is an example of a monopoly? Utility companies Soda companies Airlines Computer companies​

Answers

Utilities firms are one example of a monopoly among the possibilities given. When they are the exclusive provider of these necessary services in a certain region, utility firms, such as those that provide electricity, water, or natural gas, frequently act as Monopoly. As a result, customers are virtually forced to adopt the services offered by the local utility company since they have no other alternatives.

The Landlord's Game, which was developed by Lizzie Magie in the United States in 1903 to advance Henry George's economic theories, particularly his views on taxation, and to show that an economy that rewards Utilities individuals is preferable to one in which monopolies hold all the wealth, is the source of Monopoly.

The Landlord's Game originally featured two sets of rules, one that included taxes and another that serves as the foundation for the present regulations.

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Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?

Answers

The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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Settlement discount granted to creditworthy customers with a record of paying within terms in ifrs 15

Answers

Settlement discount is a disc-ount for prompt payment of invoice by the cust-omer. Let's say you sell some-thing for 1 000 on 30 day credit and you offer 3 % off if a cust-omer pays with in 10 days. Those 3% – or 30 in this case – is a settle-ment discount.

Both IFRS and ASPE account for discounts in a similar man-ner: discounts should be netted from Revenue amo-unts. They are not consi-dered Expenses, and should not be included in that cate-gory. So when we calc-ulate our Revenue figure, we should always deduct any sales disc-ount from this figure.

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when it comes to managing money success is about 80% knowledge and 20% Behavior true or false ​

Answers

Answer:

huh

Explanation:

do you have a picture of the question because I don't get it but I'm trying to help

Do you agree that the social media channels and content creation technology consumers have at their disposal is actually a good thing as the speaker says? Why or why not?

Answers

Answer: Guy on the top is so wrong

Stylon Co., a women's clothing store, purchased $26,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30, using the net method under a perpetual inventory system. Stylon returned merchandise with an invoice amount of $4,200, receiving a credit memo.

Answers

The date, the amount to be credited as well as debited, a short description of the transaction, and the accounts impacted are all included in each journal entry along with other information pertinent to a single business transaction.

What is in a journal entry?

Any exchange, whether or not it is an economic one, can be recorded as a diary entry. An accounting journal that displays the debit and credit balances of a business lists transactions. Multiple recordings, each of which is whether its a debit or a credit, may be included in the diary entry.

Business transactions are initially entered into a journal in manual accounting or bookkeeping methods. the name "notebook entry" was born. Depending on the business, it may identify affected divisions, tax details as well as other information.

Journal entries are attached below:

c). Accounts payable = $25,480 - $4,312

                                   = $21,168

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Rest of the question is,

a. Journalize Stylon’s entry to record the purchase. If an amount box does not require an entry, leave it blank.

b. Journalize Stylon’s entry to record the merchandise return. If an amount box does not require an entry, leave it blank.

c. Journalize Stylon’s entry to record the payment within the discount period of 10 days. If an amount box does not require an entry, leave it blank.

d. Journalize Stylon’s entry to record the payment beyond the discount period of 10 days. If an amount box does not require an entry, leave it blank.

Stylon Co., a women's clothing store, purchased $26,000 of merchandise from a supplier on account, terms

Andretti Company has a single product called a Dak. The company normally produces and sells 81,000 Daks each year at a selling price of $58 per unit. The company’s unit costs at this level of activity are given below:



Direct materials $ 8.50
Direct labor 10.00
Variable manufacturing overhead 2.40
Fixed manufacturing overhead 10.00 ($810,000 total)
Variable selling expenses 4.70
Fixed selling expenses 3.00 ($243,000 total)
Total cost per unit $ 38.60


A number of questions relating to the production and sale of Daks follow. Each question is independent.



Required:

1-a. Assume that Andretti Company has sufficient capacity to produce 105,300 Daks each year without any increase in fixed manufacturing overhead costs. The company could increase its unit sales by 30% above the present 81,000 units each year if it were willing to increase the fixed selling expenses by $130,000. What is the financial advantage (disadvantage) of investing an additional $130,000 in fixed selling expenses?

1-b. Would the additional investment be justified?

2. Assume again that Andretti Company has sufficient capacity to produce 105,300 Daks each year. A customer in a foreign market wants to purchase 24,300 Daks. If Andretti accepts this order it would have to pay import duties on the Daks of $1.70 per unit and an additional $12,150 for permits and licenses. The only selling costs that would be associated with the order would be $2.00 per unit shipping cost. What is the break-even price per unit on this order?

3. The company has 700 Daks on hand that have some irregularities and are therefore considered to be "seconds." Due to the irregularities, it will be impossible to sell these units at the normal price through regular distribution channels. What is the unit cost figure that is relevant for setting a minimum selling price?

4. Due to a strike in its supplier’s plant, Andretti Company is unable to purchase more material for the production of Daks. The strike is expected to last for two months. Andretti Company has enough material on hand to operate at 25% of normal levels for the two-month period. As an alternative, Andretti could close its plant down entirely for the two months. If the plant were closed, fixed manufacturing overhead costs would continue at 35% of their normal level during the two-month period and the fixed selling expenses would be reduced by 20% during the two-month period.

a. How much total contribution margin will Andretti forgo if it closes the plant for two months?

b. How much total fixed cost will the company avoid if it closes the plant for two months?

c. What is the financial advantage (disadvantage) of closing the plant for the two-month period?

d. Should Andretti close the plant for two months?



5. An outside manufacturer has offered to produce 81,000 Daks and ship them directly to Andretti’s customers. If Andretti Company accepts this offer, the facilities that it uses to produce Daks would be idle; however, fixed manufacturing overhead costs would be reduced by 30%. Because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. What is Andretti’s avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?

Answers

If there is a 30% boost in Andretti Company's sales, an extra $188,400 in income will be produced.

On the other hand, there will be an extra $130,000 charge for fixed selling expenditures.

As a result, the organization will witness a boost of $58,400 in its overall profits.

Would this be a sound financial decision?

Making an extra investment of $130,000 would be a sound decision as it would lead to an elevation of $58,400 in the net income.

Here is a more detailed explanation of the calculations:

The company's total variable expenses would increase from $3,839,000 to $4,511,100.

The company's total fixed expenses would increase from $1,053,000 to $1,183,000.

The company's net income would increase from $795,000 to $853,400.

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Discuss the challenge created for financial accountants by the presence of uncertainty.

Answers

Uncertainty creates challenges for financial accountants in accurately measuring, reporting, and disclosing financial information.

The presence of uncertainty poses significant challenges for financial accountants. Uncertainty refers to the lack of predictability or reliability in future events or outcomes, which makes it difficult to accurately measure and report financial information. Here are some key challenges created by uncertainty:

Measurement and valuation: Uncertainty makes it challenging to determine the appropriate measurement and valuation of assets, liabilities, revenues, and expenses.

Financial accountants must make estimates and judgments based on available information, assumptions, and professional judgment. However, the accuracy of these estimates may be compromised by the inherent uncertainty.

Financial statement presentation: Uncertainty affects the presentation of financial statements. Accountants must disclose the nature and extent of significant uncertainties that could impact the company's financial position and performance. However, determining which uncertainties are material and require disclosure can be subjective and complex.

Risk assessment: Uncertainty introduces risk into financial reporting. Accountants need to assess and manage risks associated with uncertain events, such as changes in market conditions, legal disputes, or environmental factors. They must consider the potential impact of these risks on financial statements and disclose them appropriately.

Forecasting and decision-making: Uncertainty makes forecasting and decision-making challenging for financial accountants. They need to analyze financial data and projections while considering the potential impacts of uncertain factors.

This requires them to use sophisticated models, scenario analysis, and sensitivity analysis to assess the range of possible outcomes.

Regulatory compliance: Financial accountants must comply with accounting standards and regulatory requirements. Uncertainty adds complexity to compliance efforts, as new and evolving regulations may require additional disclosures or adjustments to financial statements to reflect uncertain events or future obligations.

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Basics Ltd reported current liabilities of R3 000 and a quick ratio of 1,2. The company has current assets of R6 000. If the company reports the cost of goods sold at R4 000 for the given year, what is the inventory turnover?

Answers

The inventory turnover for the given year is 3.33, calculated by dividing the cost of goods sold by the average inventory of R1200.

To calculate the inventory turnover, we first need to determine the inventory value. We can use the quick ratio formula to find the inventory amount.Quick ratio = (Current assets - Inventory) / Current liabilitiesRearranging the formula, we have: Inventory = Current assets - Quick ratio * Current liabilitiesSubstituting the given values, we have:Inventory = R6000 - 1.2 * R3000Inventory = R6000 - R3600Inventory = R2400The inventory value is R2400. To calculate the inventory turnover, we divide the cost of goods sold by the average inventory. In this case, the cost of goods sold is given as R4000. The average inventory is the sum of the beginning and ending inventory divided by 2. Since we don't have information about the beginning and ending inventory, we can assume they are equal, resulting in an average inventory of R2400/2 = R1200.Inventory turnover = Cost of goods sold / Average inventoryInventory turnover = R4000 / R1200Inventory turnover = 3.33Therefore, the inventory turnover for the given year is 3.33.

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4. List and explain the sources of monopoly market

Answers

Question: Hello: ) ✨List and explain the sources of monopoly market ?

Answer: here are three basic sources of monopoly: one created by government, like patents; a large economy of scale or a network externality; and control of an essential, or a sufficiently valuable, input to the production process. There are three major sources of monopoly power: (1) the price elasticity of demand (Ed), (2) the number of firms in a market, and (3) interaction among firms.  

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Match each concept to its definition.
Tiles
cohort analysis
VALS
concept testing
posttesting
Pairs
quality check before product development
arrowBoth
marketers use psychographic data to categorize consumers
arrowBoth
analysis based on consumers’ generation
arrowBoth
evaluation of recall and recognition of an advertisement

Answers

The concept with its definition:

Tiles: Quality check before product developmentCohort analysis: Both evaluation of recall and recognition of an advertisementVALS: Both marketers use psychographic data to categorize consumersConcept testing: Both analysis based on consumers' generationPosttesting: Evaluation of recall and recognition of an advertisement

Tiles: A concept in marketing that refers to the small, square ceramic or stone pieces used for covering surfaces such as floors and walls. It is commonly used in interior design and construction projects to create visually appealing and durable surfaces.

Cohort analysis: A statistical technique used in marketing and analytics to group individuals into specific segments or cohorts based on shared characteristics or behaviors.

VALS: An acronym for Values and Lifestyles, VALS is a psychographic segmentation tool used in marketing research to categorize consumers based on their values, motivations, and lifestyles.

Concept testing: A research method used in marketing to assess the viability and potential success of a new product or idea before it is launched.

Posttesting: The evaluation of an advertisement or marketing campaign after it has been launched to assess its effectiveness and impact on the target audience.

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What factors do you think differentiate good decision makers from poor ones?

Relate your answer to the six-step rational decision-making model.

Answers

Answer:

Effective decision-makers are distinguished from poor ones by several factors. Firstly, good decision-makers have the ability to gather and analyze information effectively. They can identify relevant information and take the necessary time to carefully evaluate and consider it before making a decision.

Another crucial factor is the capacity to think critically and objectively. Good decision-makers can analyze all sides of an issue, consider multiple perspectives, and detect biases or assumptions that may be influencing their thinking.

Using the six-step rational decision-making model is another skill of good decision-makers. They can identify the problem, gather information, identify alternatives, evaluate alternatives, choose the best alternative, and implement the decision. They move systematically through each step of the model, taking the necessary time to consider all options and weigh the potential outcomes before making a decision.

Lastly, good decision-makers can effectively communicate their decisions and the reasoning behind them to others. They can articulate their ideas clearly and persuasively and are open to feedback and are willing to consider different perspectives.

In conclusion, good decision-makers possess skills such as gathering and analyzing information, thinking critically and objectively, using a systematic decision-making model and communicating effectively with others. These abilities enable them to make well-informed and effective decisions that lead to positive outcomes.

Hope it helps! : )

If you want to buy a $245,000 house with a 15% down payment, how much will you be borrowing from the bank? If the interest you will pay is $210,000 total, how much total (interest and principal) will you pay on the borrowed money over the 30 years of your mortgage?

Answers

Answer:

Explanation:

year and any subsequent word will have to be  ignored because we limit queries to 32 words.

For a home price of $250,000 the minimum down payment would be $8,750.

Help I’ll give you 30 pts

Help Ill give you 30 pts

Answers

Answer:

Dejé caer las pastillas

Ellas perdieron la recepie

Tengo la radiografia

Explanation:

aquí ypu va! ¡Espero que esto ayude!

Reverse logistics is required because?​

Answers

Reverse logistics provide a way to extract the maximum value from products at the end of their life cycle. This includes the ideas of recycling where possible, repairing when it is plausible, among other ideas to extend the product's lifecycle

Hey everyone, I have a question about budget lines and indifference curves in relation to government subsidies.
A government subsidy programme lowers the price of food to poor consumers from $3 per unit to $2 per unit. Assume that food and “all other goods” (AOG) are both normal goods for the typical poor consumer, who has a budget of only $12. Let the price of AOG be $1. (My graph is attached)


Question: Indicate on your graph how much the program costs the government for the representative consumer.

Can you please explain it to me, I’m very confused. Would it be from A to C? I just don’t know why.

Thank you in advance :)

Hey everyone, I have a question about budget lines and indifference curves in relation to government

Answers

The cost of the subsidy program for the representative consumer would be $6.

How to determine the cost

In this scenario, we have a government subsidy program that reduces the price of food for poor consumers from $3 per unit to $2 per unit. The typical poor consumer has a budget of $12 and faces a price of $1 for all other goods (AOG).

To determine the cost of the subsidy program for the representative consumer, we need to consider the quantity of food that the consumer can purchase before and after the subsidy.

Before the subsidy:

With a budget of $12 and food priced at $3 per unit, the consumer can afford to purchase $12 / $3 = 4 units of food.

After the subsidy:

With the subsidy reducing the price of food to $2 per unit, the consumer can now purchase $12 / $2 = 6 units of food.

The difference in the quantity of food purchased before and after the subsidy is 6 - 4 = 2 units.

To calculate the cost of the subsidy program, we multiply the additional quantity of food (2 units) by the original price of food ($3 per unit):

Cost of the subsidy = 2 units * $3 per unit = $6.

Therefore, the cost of the subsidy program for the representative consumer would be $6.

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July 1 purchased 6,300 of merchandise on credit from tahoe company invoice dated june 30, terms 2/10, n/30

Answers

Product Inventory -$6,300 debit

Invoices Payable -$6,300 credit

Which inventory do you refer to?

All the materials, products, and other items that a company keeps on hand with both the goal of reselling these for a profit are collectively referred to as inventory. As an illustration, merely the item will indeed be considered inventory if a newspaper seller uses a van to distribute newspapers to clients.

What does inventory actually imply at work?

Inventory consists of goods or resources that a business intends to resale to customers at a profit. Merchandise management, a key element of the supply chain, involves tracking inventory from manufacturers through storage and from these places to a point of sale.

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Question 1
Which is the best example of specialization?
A
A surf shop lowers the price on swimsuits.
A dry cleaner spends extra time on grease spots.
Oc
An assistant in a tailoring shop only replaces zippers.
D An online clothing outlet offers customized monograms.

Answers

An assistant in tailoring shop

Dents and Dings Auto Body buys paint with a list price of $33,000. If the supplier extends trade discounts of 30/35/20, what is the trade discount amount?
• $1,617
• $12,012
• $20,988
• $31,383

Answers

Answer:

20,988

Explanation:

Other Questions
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