Error in true mean = +/-Z*
Where; Z=2.58 at 99% confidence interval, s= sd = 0.25 hours, n=sample population = 60 refrigerators
Therefore;
Margin of error = +/-2.58*
= 0.0832 hours
Answer:
Equilibrium Income = 400
Explanation:
Economy is at equilibrium where :
AD (i.e = C + I) = AS (i.e = C + S)
C + I = C + S
I = S
Given I = 80 , S = -80 + 0.4Y
Putting in formula,
80 = -80 + 0.4Y
80 + 80 = 0.4Y
160 = 0.4Y
Y = 160/0.4
Y = 400
<span>I think this would complete the sentence.</span><span>
</span><span>A test plan consists of detailed procedures that specify <u>test equipments.</u> </span><span>
</span><span> The test plan can lead to the identification of the needed test equipment to successfully implement the test plan. I hope this answered your question.</span>
Answer:
a) Firm’s return on assets = 11.46 %
b) Return on stockholders’ equity = 19.37%
c) Profit margin = 3.27%
Explanation:
a) Return on assets = 
= 
b) Return on stockholder's equity = 
Equity =Total assets - Debt = $1,710,000 - $698,000 = $1,012,000
Return on equity = 
c) Asset Turnover ratio = 
= 3.5
then Net sales = 3.5 X Total Assets = = 3.5 X $1,710,000 = $5,985,000
Profit margin = ![\frac{Net profit}{Net sales} X 100 [tex]= \frac{196,000}{5,985,000} X 100 = 3.27 percent](https://tex.z-dn.net/?f=%5Cfrac%7BNet%20profit%7D%7BNet%20sales%7D%20X%20100%20%5Btex%5D%3D%20%5Cfrac%7B196%2C000%7D%7B5%2C985%2C000%7D%20X%20100%20%3D%203.27%20percent)
a) Firm’s return on assets = 11.46 %
b) Return on stockholders’ equity = 19.37%
c) Profit margin = 3.27%
A forensic Scientist has credentials!
