In the chi-square test of independence, large values of the chi-square test statistic indicate a cause/effect relationship between the two categorical variables.
a. trueb. false
Answers
B) false, Large values of the chi-square test statistic in the chi-square test of the independence imply a cause-and-effect link between the two category variables.
What does the chi-square statistic with high values mean?The chance that there is an actual significant difference increases with increasing Chi-square value. The groups we are examining differ significantly from the one another.
What does the chi square independence test reveal?As an inferential statistical test, the chi-square test of independence enables you to infer the information about a population from a sample. It enables you to determine whether two variables are connected within the population.
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Related Questions
the largest category of apps, both in terms of active downloads and in terms of revenue generated is ________. multiple choice game apps lifestyle apps educational apps business apps
Answers
The largest category of apps, both in terms of active downloads and revenue generated, is game apps. They consistently rank among the most popular and profitable app categories.
The largest category of apps, both in terms of active downloads and revenue generated, is the game apps category. Game apps consistently rank among the most popular and profitable app categories across various platforms, including mobile devices and gaming consoles. These apps cater to a wide audience and offer a diverse range of genres, from casual puzzle games to immersive multiplayer experiences. The gaming industry has witnessed significant growth in recent years, fueled by the increasing adoption of smartphones and the growing global gaming community. While lifestyle apps, educational apps, and business apps also have their user bases and generate revenue, the game apps category tends to dominate in terms of sheer popularity and financial success.
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Communication response time must be faster than in the past to succeed in the modern workplace. please select the best answer from the choices provided t f
Answers
Based on current workplace trends, a faster communication time is needed to succeed so this is True.
What does the modern workplace require?The modern workplace is characterized by faster processes and the need to stay ahead of competitors.
As a result, it is required that communication response times should be faster in order to be successful.
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If root 2 = 1.44412 , find the value of root of root 2 minus 1 divided by root 2 plus 1
Answers
Answer:
0.7516567698
Explanation:
I have a good caculator!
Question # 11 Which of the following is NOT a reason why understanding communication styles should be important to you? O Helps you understand how others may perceive your actions O Helps you understand how others may perceive your words O Helps you understand how to adapt to other communication styles O Helps you understand why people communicate the way they do Read Question
Answers
Answer:
Helps you understand why people communicate the way they do
Explanation:
According to communication strategy, particularly on achieving collaborative communication between sender and receiver. It can be concluded that the reason, why understanding communication styles should be important to you, is that:
Understanding your communication style is likely to assist you in having a good idea of the way others may comprehend your words and actions.
Similarly, having good knowledge of other communication techniques and the best way to quickly adapt your communication styles to others, turns you into a helpful communicator.
Hence, in this case, the correct answer is "Helps you understand why people communicate the way they do."
Answer:
A.
Helps you understand why people communicate the way they do
Explanation:
Trust me vro
If government spending increases by $3 billion and real GDP increases by $4.5 billion, the expenditure multiplier must be____ 0,67 4.5 1.5
Answers
If government spending increases by $3 billion and real GDP increases by $4.5 billion, the expenditure multiplier must be 1.5.
The expenditure multiplier measures the change in real GDP resulting from a change in government spending. It represents the overall impact on the economy when government spending increases. The formula for the expenditure multiplier is:
Expenditure Multiplier = 1 / (1 - Marginal Propensity to Consume)
To determine the expenditure multiplier, we need to know the Marginal Propensity to Consume (MPC), which represents the portion of an additional dollar of income that is spent rather than saved.
In this case, we are given that government spending increases by $3 billion, and real GDP increases by $4.5 billion. We can assume that the entire increase in government spending is spent (MPC = 1). Thus, the expenditure multiplier can be calculated as follows:
Expenditure Multiplier = 1 / (1 - 1)
Expenditure Multiplier = 1 / 0
Expenditure Multiplier = Undefined or Infinite
However, since the expenditure multiplier cannot be infinite or undefined, we can conclude that there is an error in the provided answer choices. Without additional information regarding the Marginal Propensity to Consume, we cannot determine the precise value of the expenditure multiplier in this scenario.
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In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the
marginal benefits.
Answers
Answer:
Marginal cost is defined as the additional cost incurred in adding a unit of product or service.
Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service.
In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.
Explanation:
Lacy's Wine & Liquor Emporium, a popular establishment in Eastern New Orleans, has a happy hour special from 4 pm to 10:45 pm. Around 33 customers come in per hour but only 20.75 can be served per hour. What is the queue growth rate per hour?
Answers
The queue growth rate per hour at Lacy's Wine & Liquor Emporium during the happy hour special is 12.25 customers.
The queue growth rate per hour can be calculated by subtracting the number of customers served per hour from the total number of customers arriving per hour. In this case, Lacy's Wine & Liquor Emporium has an arrival rate of 33 customers per hour and a service rate of 20.75 customers per hour during the happy hour special.
To find the queue growth rate per hour, we subtract the number of customers served from the number of customers arriving:
33 customers/hour - 20.75 customers/hour = 12.25 customers/hour
So, the queue growth rate per hour is 12.25 customers.
This means that on average, there will be a queue of 12.25 customers waiting to be served every hour during the happy hour special at Lacy's Wine & Liquor Emporium. It's important to note that this is an average value, and the actual number of customers waiting in the queue may vary from hour to hour. Additionally, the queue growth rate may change if the arrival or service rates change.
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Please post detailed answers to the following questions. Please use complete sentences.
You may have noticed that honesty and ethics are important in finance and business careers. Why is this so important?
Answers
Answer:
see below
Explanation:
Ethics are a set of regulations and that guide people's behaviors. They are a set of generally accepted behavior in society. Ethics in business refers to the deliberate efforts to do the right thing.
Honesty and ethics are important in finance and business careers due to the following reasons
Asset Protection and AssuranceFinance and business professionals deal with sensitive information. They have access to financial records, accounting records, and personal shareholders and employees' records. Honesty and integrity are essential to ensure that the reports they present are accurate and reliable.
The majority of fraudulent activities originate from finance and business departments. Having employees of high integrity in those units will help protect business assets and assure the reliability of financial data.
2. Public Image and Brand Value Increases
Honest and ethical workers add to the goods reputation of a company. Business partners and customers will feel more confident transactions with the company. The company's brand image and value increase in the eyes of the public.
3. Team Work develops:
Honest workers have a relatively easy time working with others. Teamwork increases when employees work responsibly and as expected.
To test an herbal treatment for acid reflux disease, 100 volunteers who suffered from mild indigestion were randomly divided into two groups. Each person was given a month's supply of tea bags. For one group, the tea contained the herb mixed with green tea, whereas for the other group, the bags contained only the green tea. Participants were not told which type of tea they had, and were asked to drink one cup of tea per day for a month. At the end of the month, a researcher evaluated them to determine if their symptoms had improved. The researcher did not know which of the subjects had the tea with the herbal ingredient added. Which is true regarding this study? The "only green tea" group serves as the control group. This study is an observational study. This study is double-blind. Only (A) and (C) are true. All of the above are true.
Answers
The correct answer is Only (A) and (C) are true
Explanation:
In a study or research, the control group is the one that does not receive a treatment. This means, in this case, the control group includes those who only drink the green tea without the herbs because they serve as a standard to measure the effects of the herbs. This makes statement A (The "only green tea" group serves as the control group) true; also, the group receiving the herbs is the experimental group.
On the other hand, a double-blind study is one in which the researchers and the participants ignore who is receiving the treatment, which guarantees there is objectivity. This occurs in the study presented because neither the researcher nor the subjects known who received the herbal mix. Thus, statement C (This study is double-blind) is true.
Finally, a study is classified as observational if there is not intervention but the researchers just observe participants to study a phenomenon. This does not occur in the study presented because there is an intervention through the herbal treatment, and therefore the study is not observational.
Harry assigns his rights under a contract with irma to his college roommate, jake. neither harry nor jake notifies irma of the assignment. the assignment group of answer choices will become effective after thirty days, even if no notice is given to irma. will not be effective until notice is given to irma. is invalid. is effective immediately.
Answers
When Harry assigns his rights under a contract with Irma to his college roommate, Jake and neither Harry nor Jake notifies Irma of the assignment, it's invalid.
What is a contract?It should be noted that a contract simply means a promise that's enforceable by law. It should be noted that a contract is legally binding.
Here, when Harry assigns his rights under a contract with Irma to his college roommate, Jake and neither Harry nor Jake notify Irma of the assignment, it's invalid. The other party was not informed.
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Wollogong Group Ltd. of New South Wales, Australia, acquired its factory building about 10 years ago. For several years, the company has rented out a small annex attached to the rear of the building. The company has received a rental income of $30,000 per year on this space. The renter’s lease will expire soon, and rather than renewing the lease, the company has decided to use the space itself to manufacture a new product.
Answers
Based on the provided data, the classification of costs associated with the new product decision is attached.
Cost accounting is used in different ways and analysis for various functions in a company. Cost, hence, are classified in different ways depending one the nature of the analysis. A cost may have influence in a break-even analysis but may not impact the decision making process at all. In order to classify the given costs in association with new product decision, consider the following concepts.
Fixed costs refers to costs that are independent of volume and remains the same regardless of number of units made. It is based on time rather than the quantity produced or sold. Variable costs refer to costs that are incurred in addition to fixed cost for each additional unit manufactured.
Manufacturing overhead refers to all the manufacturing costs that are not directly related to the product such as indirect materials or indirect labor. Direct costs refers to costs which are directly allocated to a cost object.
Product costs refer to all the manufacturing costs involved in creating a product that goes into the inventory, while period costs refer to selling and administrative expenses.
Sunk costs refer to a cost that has already been incurred and cannot be recovered. Opportunity cost refer to the cost of missing one opportunity when another alternative is selected. Opportunity costs are not recorded in the accounting records, but they are always relevant in decision-making. Hence, based on these definitions, the costs are classified and table attached.
Note: The question is incomplete. The complete question probably is: Wollogong Group Ltd. of New South Wales, Australia, acquired its factory building 10 years ago. For several years, the company has rented out a small annex attached to the rear of the building for $30,000 per year. The renter's lease will expire soon, and rather than renewing the lease, the company has decided to use the annex to manufacture a new product. Direct materials cost for the new product will total $80 per unit. To have a place to store its finished goods, the company will rent a small warehouse for $500 per month. In addition, the company must rent equipment for $4,000 per month to produce the new product. Direct laborers will be hired and paid $60 per unit to manufacture the new product. As in prior years, the space in the annex will continue to be depreciated at $8,000 per year. The annual advertising cost for the new product will be $50,000. A supervisor will be hired and paid $3,500 per month to oversee production. Electricity for operating machines will be $1.20 per unit. The cost of shipping the new product to customers will be $9 per unit. To provide funds to purchase materials, meet payrolls, and so forth, the company will have to liquidate some temporary investments. These investments are presently yielding a return of $3,000 per year. Using the table shown below, describe each of the costs associated with the new product decision in four ways. In terms of cost classifications for predicting cost behavior (column 1), indicate whether the cost is fixed or variable. With respect to cost classifications for manufacturers (column 2), if the item is a manufacturing cost, indicate whether it is direct materials, direct labor, or manufacturing overhead. If it is a nonmanufacturing cost, then answer "none". With respect to cost classifications for preparing financial statements (column 3), indicate whether the item is a product cost or period cost. Finally, in terms of cost classifications for decision making (column 4), identify any items that are sunk costs or opportunity costs. If you identify an item as an opportunity cost, then answer "none" in columns 1-3.
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5.
An efficient economy is one that
Ouses its resources to make the most goods and services.
Ohas very few people who do not work for a living.
Omake it possible to increase an economy's output.
Omakes the best use of all its goods and services.
I
Answers
Lymen International is considering a significant expansion to its product line. The sales force is excited about the opportunities that the new products will bring. The new products are a significant step up in quality above the company’s current offerings, but offer a complementary fit to its existing product line. Fred Riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. Barbara Dyson, the company’s CFO, has provided the following projections based on results with and without the new products.
Without New Products
With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
(a) Compute the company’s return on assets, profit margin, and asset turnover, both with and without the new product line. (Round answers to 0 decimal places, e.g. 2% and asset turnover to 1 decimal place, e.g. 6.2)
Without new products
With new products
Return on assets
International sidering offerings, xut offer compl step up with New Products Sales 2,145.20 Average tel Without new products with now products ej abou: red Riddick, bring. Th producti depart
%
%
Profit margin
%
%
Asset turnover
Answers
Answer:
I don't know sorryyyyyjdkd
The computation of the Lymen International Company's return on assets, profit margin, and assets turnover, both with and without the new product line, is as follows:
a) Return on assets = Net Income/Average total assets
Without New Products With New Products
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
= 9% 6%
b) Profit margin = Net Income/ Sales revenue
Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
= 4% 5%
c) Asset Turnover = Net Sales / Average Total Assets
Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Average total assets $5,282,800 $13,930,400
= 2.3 x 1.2 x
How useful are accounting ratios?The accounting ratios above help investors understand the efficiency, profitability, and effectiveness that companies achieve when compared with previous years or with competitors.
For instance, the assets turnover ratio helps investors understand Lymen International Company's effectiveness in using its assets to generate sales.
Data and Calculations:Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
Total assets = $10,565,600 $2,786,0800
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Hunter i nine year younger than rachel. In ten year hunter will be two-fifth of rachel' age. How old i rachel right now math problem
Answers
Rachel is a 26-year-old flight instructor from Clermont, Florida, near Orlando.
“what is 2/5 of 10?”As a number is 4.
26-9= Hunter age
17 is hunter age
Rachel and Rod were married from 1990 until 2006. In her caption she said she had been apart from her kids. ’18 months it’s been. I know so many out there are still missing this moment reconnection with family,’ said Hunter.Rachel confessed in the After the Final Rose special that she had called it quits with her fiancé, Tino Franco. The pair got engaged in Mexico, but the relationship didn’t last. And I mean brief. It ended practically before their love tale was even shown on television. Rachel proposed to Tino on season 19 of The Bachelorette, which she co-hosted with Gabby Windey. However, the two separated up after he kissed another lady, and their breakup was shown in After the Final Rose.
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Type the correct answer in the box. Spell all words correctly.
Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in this phase?
In the initiation phase, Samantha's team needs to clarify the project's _____
and justify it.
Answers
Answer:
Explanation:
Initiation phase is the first phase of a project management where the project is evaluated to know the purposes it has to be done , how it will be done and the resources needed to execute it.
At this stage , Samantha's team has to clarify and justify the project's purposes and feasibility in order to know why it has to be done and also how it will be completed and its purpose achieved.
Which table correctly lists the assets and liabilities?
A 2-column table with 4 rows. Column 1 is labeled Assets with entries leased car, mortgaged home, credit card debt, tax bill. Column 2 is labeled Liabilities with entries car, home, savings bond, stocks.
A 2-column table with 4 rows. Column 1 is labeled Assets with entries car, home, credit card debt, tax bill. Column 2 is labeled Liabilities with entries leased car, mortgaged home, savings bond, stocks.
A 2-column table with 4 rows. Column 1 is labeled Assets with entries leased car, mortgaged home, savings bond, stocks. Column 2 is labeled Liabilities with entries car, home, credit card debt, tax bill.
A 2-column table with 4 rows. Column 1 is labeled Assets with entries car, home, savings bond, stocks. Column 2 is labeled Liabilities with entries leased car, mortgaged home, credit card debt, tax bill.
Answers
Answer:
A 2-column table with 4 rows. Column 1 is labeled Assets with entries car, home, savings bond, stocks. Column 2 is labeled Liabilities with entries leased car, mortgaged home, credit card debt, tax bill.
Explanation:
An asset is a valuable item that a person or a corporation owns. An asset has an economic or monetary value attached to it. It is a resource used in generating future benefits, save costs, or produce goods and services. From the list provided, a car, home, savings bond, stocks represent assets.
Liabilities are things or money owed. They are debts or obligations to be met. A mortgage is a debt; hence it is a liability. A leased car belongs to someone else and presents an obligation to pay, making it a liability. The tax bill is a debt.
Answer:
The answer is D.
Hope you past the Cumulative Exam Review!
Explanation:
In order to do what you want to do, you need to be around people who are doing it and in ______.
Answers
In order to do what you want to do, you need to be around people who are doing it and in places where it's happening.
What is this Proximity Principle about?In psychology, the proximity principle is one of gestalt principles of perceptual organization that states that people treat objects close together as a group. In social psychology, the principle holds that people closer together in a physical environment are more likely to form a relationship than those farther away.
Popularly, the Proximity Principle is one that states "In order to do what you want to do, you need to be around people who are doing it and in places where it's happening".
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is it cool when you have friends at school
Answers
Answer:
Well yes I would suppose…unless you’re the loner type. I don’t have any friends so I wouldn’t really know—
._.
Answer:
yes, i guess you could say that its cool to have friends at school. but it is important to make sure that they dont get in the way of schoolwork or influence you to do anything bad
Explanation:
61. Which of the following would an investor be most likely to purchase when using fundamental analysis:
A. A security from a company with negative market predictions and strong financial indicators
B. A security from a company with positive market predictions and current financial difficulties
C. A company security with a history of high performance
D. A company security with a low stock price
Answers
The security that an investor is likely to purchase using fundamental analysis is a security from a company with positive market predictions and current financial difficulties (option B).
What is fundamental analysis?Fundamental analysis is the process used to determine the intrinsic value of a company's stock by calculating its financial ratios using information in the company's financial statements and other metrics.
A company that has a positive market predictions is likely to increase in value with the passage of time. If this stock is facing current financial difficulties, the price of the stock would be depressed. This would represent a good investment opportunity. The investor can buy the stock low and sell it high.
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which political system would seek total control over its citizens?
A fasciam
B. capitalism
C. socialism
D.
none of the above
Answers
Answer:
A. Fasciam
Explanation:
i got it right
Answer:
a. fascism
Explanation:
"a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism."
What is the BEST way to stay organized? Person with a descriptive and correct one sentence answer will receive brainliest for their hard efforts.
Answers
Answer:
Jssjnsnss is a great place to work for and it is a great place to work for and it will help us out to the best of our experience as well as the best and fastest growing business in the
Answer:
watch your behavior to identify actions that contribute to the problem of being disorganized and commit to changing problem behaviors.
Explanation:
(or incorporate the most important organizing tasks into routines.)
Direct materials, direct labor, and manufacturing overhead are all ______ costs. Multiple choice question. direct conversion period product variable
Answers
Product Costs include Direct materials, direct labor, and manufacturing overhead
What is product Costs?Product Costs refers all the costs incurred in order to produce or manufacture a product. It refers to all the expenses or what is use to produce a product . Example of product costs include direct labor, direct materials,supplies, manufacturing overhead and consumable production.
Therefore Product Costs include Direct materials, direct labor, and manufacturing overhead
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Which of the following is an example of a civil engineer demonstrating problem sensitivity? (Select all that apply.)
1 Anne notices that the construction company isn't properly following the specified layout for emergency exits.
2 Lewis resolved the conflict between the construction company and the client with his usual tact and diplomacy Nick had to leave his last firm because he felt the environment there was too hostile and he couldn't deal with it.
3 Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow construction to a halt
Answers
Answer:
1. Anne notices that the construction company isn't properly following the specified layout for emergency exits
3. Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow constriction to a halt
Explanation:
Problem sensitivity simply means the ability for someone to be able to know that something is wrong with a particular thing. In this case, the civil engineer demonstrating problem sensitivity include:
1. Anne notices that the construction company isn't properly following the specified layout for emergency exits
3. Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow constriction to a halt .
In both cases, they detected what was wrong and could hinder what they were doing or can cause a problem later.
Problem sensitivity simply means the ability for someone to be able to know that something is wrong with a particular thing.
A person who fails to make loan payments on time is likely to face which
consequence?
A. Paying higher interest rates on future loans
B. Having his or her credit score greatly increased
C. Being arrested and charged with bank fraud
D. Being given a lower debt-to-income ratio
Answers
A person who fails to make loan payments on time is likely to face the consequence of paying higher interest rates on future loans. The correct option is A.
When a borrower fails to make loan payments on time, it can negatively affect their credit score. This can make it harder to obtain future loans or credit cards, and lenders may charge higher interest rates to compensate for the increased risk of lending to someone with a lower credit score.
It is important to note that failing to make loan payments on time does not typically result in being arrested and charged with bank fraud. However, it is important to communicate with the lender and work out a plan for repayment to avoid further consequences such as defaulting on the loan or having the loan sent to a debt collection agency.
Thus, the ideal selection is option A.
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What are the factors of production in economics?
Answers
These are the factors of production in economics:
LandLaborCapitalEntrepreneurshipThe factor of production is resources that are what people or companies use to produce goods and services.
The factor of production in economics:
Land: natural resources used to produce services and goods including everything that comes from the land. Examples: water, oil, natural gas, forest, etc. Labor: efforts that people do to produce services and goods. Capital: tools, buildings, money, and machinery that are used to produce goods and services.Entrepreneurship: a person who can combine and use 3 other factors of production to produce goods and services.Learn more about factors of production at: https://brainly.com/question/20738491
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1. Which one of the following tatement i true?
A. Economit believe we hould eliminate all pollution to have MSB = MSC. B. The optimal quantity of pollution occur where the MSB > MSC. C. Environmental tandard are alway much more efficient than Pigouvian taxe. D. The optimal quantity of a poitive externality occur where the MSC = MSB. E. Emiion taxe are the only vehicle that can be ued to reduce output
Answers
All environmental regulations in the United States put environmental risk at a level where the MSB and MSC are equal. False
What exactly does the term "environmental regulation" mean?
Environmental rules work to safeguard the environment and the people from pollution caused by business and development.
What types of environmental policies are examples?
Environmental policy addresses issues such as wildlife protection, the preservation of endangered species, chemical and oil spills, smog, drinking water quality, land conservation and management.
Which six environmental laws are there?
Mandatory EMB
Environmental Solid Waste Management Act (RA 9003), Clean Air Act of 1999 (RA 8749), Toxic Substances and Hazardous Waste Management Act (RA 6969), and Clean Water Act (RA 9275)
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Described below are certain transactions of Bridgeport Corporation. The company uses the periodic inventory system.
1. On February 2, the corporation purchased goods from Martin Company for $75,400 subject to cash discount terms of 2/10. n/30. Purchases and accounts payable are recorded by the corporation at net amounts after cash discounts. The invoice was paid on February 26,
2. On April 1. the corporation bought a truck for $48,000 from General Motors Company, paying $5,000 in cash and signing a one-year, 12% note for the balance of the purchase price.
3. On May 1, the corporation borrowed $80,700 from Chicago National Bank by signing a $89,820 zero-interest-bearing note due one year from May 1.
4. On August 1, the board of directors declared a $284.400 cash dividend that was payable on September 10 to stockholders of record on August 31.
Answers
These transactions involve the purchase of goods, acquisition of a truck, borrowing funds, and declaring a cash dividend. Each transaction has its own financial impact on the corporation, affecting its assets, liabilities, equity, and cash flows.
The transactions of Bridgeport Corporation can be summarized as follows:
On February 2, the corporation purchased goods from Martin Company for $75,400. The purchase was subject to cash discount terms of 2/10, n/30. The corporation records purchases and accounts payable at net amounts after cash discounts. The invoice was paid on February 26.
On April 1, the corporation bought a truck from General Motors Company for $48,000. They paid $5,000 in cash and signed a one-year, 12% note for the balance of the purchase price.
On May 1, the corporation borrowed $80,700 from Chicago National Bank by signing a $89,820 zero-interest-bearing note. The note is due one year from May 1.
On August 1, the board of directors declared a $284,400 cash dividend. The dividend was payable on September 10 to stockholders of record on August 31.
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A hamburger factory produces 55,000 hamburgers each week. The equipment used costs $15,000 and will remain productive for three years. The labor $15,000. Productivity: hamburgers/dollar Round your answer for productivity to one decimal place. For the expensive machine, productivity is hamburgers/dollar input. Because the productivity of the expensive machine is , it would be a investment based on this single criterion.
Answers
We are asked to find whether an expensive machine will be a good investment or not based on the single criterion of productivity of hamburgers/dollar input.The productivity of hamburgers/dollar input can be found by adding the productivity of equipment and labor
The given data is as follows:
Hamburgers produced each week = 55,000
Equipment cost = $15,000
Productive life of equipment = 3 years
Labor cost = $15,000
Productivity = Hamburgers/dollar
Productivity of equipment is the number of hamburgers produced per dollar spent on equipment and productivity of labor is the number of hamburgers produced per dollar spent on labor.Productivity of equipment:
As given, the equipment used costs $15,000 and will remain productive for three years.
So, productivity of equipment = Hamburgers produced in 3 years/ Cost of equipment
= 55,000 × 3 / $15,000
= 11,000 hamburgers/dollar
Productivity of labor:As given, labor cost = $15,000.
So, productivity of labor = Hamburgers produced in 1 week/ Cost of labor
= 55,000 / $15,000
= 3.67 hamburgers/dollar input
Productivity of hamburgers/dollar input= Productivity of equipment + Productivity of labor
= 11,000 + 3.67
= 11003.67
≈ 11,004
Therefore, the productivity of hamburgers/dollar input is 11,004 hamburgers/dollar.So, if the productivity of the expensive machine is greater than 11,004 hamburgers/dollar input, then it would be a good investment based on this single criterion.
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The GATT agreement was replaced by the World Trade Organization.
Group of answer choices
True
False
Answers
A parcel of real estate is encumbered by a conventional mortgage with a prepayment penalty. If it is sold, the seller may pay the penalty. Group of answer choices True False
Answers
Mortgage agreement and understand any prepayment penalty clauses before selling a property to be prepared for any potential financial obligations related to the penalty. Hence, the statement is True.
In the case of a parcel of real estate encumbered by a conventional mortgage with a prepayment penalty, the seller may indeed be responsible for paying the penalty if the property is sold before the mortgage term is completed.
A prepayment penalty is a provision included in some mortgage agreements that imposes a fee or penalty on the borrower if they pay off the mortgage loan before a specified period of time. This penalty is often calculated as a percentage of the outstanding loan balance.
When a seller decides to sell a property with an existing mortgage that has a prepayment penalty, they will typically be responsible for paying the penalty as part of the closing costs. This is because the seller is essentially paying off the mortgage earlier than originally agreed upon, triggering the prepayment penalty.
It is important for sellers to review their mortgage agreement and understand any prepayment penalty clauses before selling a property to be prepared for any potential financial obligations related to the penalty.
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