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2 years ago

Are the signs of the coefficient estimates consistent with expectations? Explain.

1 answer:

7 0

The sign of each coefficient indicates the direction of the relationship between a predictor variable and the response variable. A positive sign indicates that as the predictor variable increases, the response variable also increases.

What do the estimates of the regression coefficients tell us?

You may determine if each independent variable and the dependent variable have a positive or negative association by looking at the sign of a regression coefficient. A positive coefficient means that the mean of the dependent variable tends to rise when the value of the independent variable rises.

What is predictor and response variable in regression?

The risk factors and confounders are referred to as the predictors, or explanatory or independent variables, whereas the outcome variable is also known as the response or dependent variable. The independent variables are designated by "X" while the dependent variable is denoted by "Y" in regression analysis.

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Morgan, Inc. uses a perpetual inventory system and the net method of recording purchases. On May 12, a merchandise purchase of $

klasskru [66]

Answer:

e. Merchandise Inventory Debit 19,982

Accounts Payable Credit 19,982

Explanation:

In a perpetual inventory system, the inventory account is used to record purchases and cost of goods sold. Inventory counts are conducted on periodic basis and the inventory quantities are matched with inventory records and any differences are adjusted.

Since Morgan Inc. also uses the net method to record purchases, any discounts allowed are considered to have been received.

In this question, the terms are 3/10, n/30 which means that a 3 % discount is allowed on payment within 10 days and if not then the payment has to be done within 30 days.

Considering a 3 % discount on the purchase value of $ 20,600, the entry to be recorded shall be at a value of $ 19,608 (20,600-618)

6 0

3 years ago

A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles,

Alexus [3.1K]

Answer:

a. $72,000

b. $0.36

c. $6,480

Explanation:

a. Depreciation cost = Cost of truck - Residual value

= $80,000 - $8,000

= $72,000

b. The depreciation rate = (Cost of truck - Residual value) ÷ Estimated total production

= ($80,000 - $8,000) ÷ 200,000 miles

= $72,000 ÷ 200,000 miles

= $0.36

c. The units-of-activity depreciation for the year per mile = Driven miles × Depreciation rate

= 18,000 × $0.36

= $6,480

6 0

3 years ago

Consider the market for $200 bonds. If the price of the bond is $175, what is the interest rate on bonds

Viefleur [7K]

Answer:

14.3%

Explanation:

Interest rate = (par value of the bond / price of the bond ) - 1

(200/175) - 1 = 0.143 = 14.3%

5 0

3 years ago

A major advantage of the corporate form of ownership is ______. Multiple choice question. unlimited legal liability ease of form

irinina [24]

The major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.

The corporate form of ownership means a business/organization that is operating as a legal entity, that is, it is run separate from the parties who own it.

In other word, the corporation which operates as legal entity is created for purpose of operating for profit for individuals, stockholders, shareholders etc

Some advantages of corporation includes

Owners has limited liability.
The easy transfer of ownership.
The corporations usually lasts forever.

In conclusion, the major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.

Read more about this here

brainly.com/question/1705632

5 0

3 years ago

On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,220 in assets in exchange for its

nexus9112 [7]

Answer and Explanation:

The Preparation of statement of cash flows for Ernst Consulting is shown below:-

Ernst Consulting

Cash Flows from Operating Activities

Particulars Amount

Paid cash to employees ($840)

Paid cash for rent ($2,770)

Paid cash for telephone expense ($820)

Paid cash for miscellaneous expenses ($630)

Net cash used in Operating Activities ($5,060 )

Cash Flows from Investing Activities

Paid cash for purchase of equipment ($17,200)

Net cash used in Investing Activities ($17,200 )

Cash Flows from Financing Activities

Cash invested by owner $37,380

Cash dividends ($1,280)

Net cash flows provided by Financing Activities $36,100

Net increase ( decrease) in cash $13,840

Cash balance, October 1 0

Cash balance, October 31 $13,840

Therefore we have considered cash inflow presented in positive amount

while cash outflow in negative amount.

4 0

3 years ago