Answer:
But 1 Batman comics book, and 2 Superman comics book
Explanation:
Remember, Tom has only $5 to spend on the two books, with the goal of deriving maximum utility. Thus, if he spends on 2 quantity of Superman comics he deeives total marginal utility of 150 (58+92). Then, he may proceed to Batman comics, which gives him a marginal utility of 40.
People can make poor investments, fail to add to their savings, and decide to spend their money rather than saving or investing.
Answer:
b. deposits in transit
Explanation:
Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smooth manner.
There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.
The adjusting entry of interest earned is
Cash A/c Dr
To Interest income A/c
(Being interest is earned)
Likewise, for The fee for collection
Bank charges A/c
To Cash A/c
(Being fees is charged)
And for NSF check of customer, it would be
Account receivable A/c Dr
To Cash A/c
(Being the adjusting entry is made)
So, for this the adjusting entry is made but for Deposit in transit , no adjusting entry would be made.
Answer: 0.59 ± 0.081 = (0.671, 0.509)
Explanation:
The sample proportion, p = 118/200 = 0.59
The test statistic at 98% confidence interval is given by :
p + z*Sqrt(p(1-p)/n) ; p - z*Sqrt(p(1-p)/n)
z at 98% C.I. is 2.33
Therefore, 0.59 + 2.33 * sqrt(0.59*(1-0.59)/200) and 0.59 + 2.33 * sqrt(0.59*
(1-0.59)/200)
=0.59 + 0.081 and 0.59 - 0.081
=0.671, 0.509
Answer:
The correct answer to the following question is option A, i.e., To create more value for customers.
Explanation:
Generally, this answer is best for this question because customer satisfaction is more valuable for your business. The word 'value' is mostly means to price or any other things which have value for the businessman as well as the customers also.
In other words, when we create more value to the customer then we get more profit and if we do not value our customer then we suffer loss.
So, the customer value is more valuable or precious for the businessman or the firm.
