Answer:
11.611 +/- 3.013
Explanation:
3 3.5 4 6 7 8 8.5 12.5 15
7 17 19 12 19 22 28 20 28
difference
4 13.5 15 6 12 14 19.5 7.5 13
mean = 11.611
the standard deviation ⇒ 7.611² + 1.889² + 3.389² + 5.611² + 0.389² + 2.389² - 7.889² + 4.111² + 1.389² = 57.927 + 3.568 + 11.485 + 31.483 + 0.151 + 5.707 + 62.236 + 16.9 + 1.929 = 191.386/9 = √21.265 = 4.611
standard deviation = 4.611 1.918
confidence interval = mean +/- [(standard deviation/√9) x 1.96]
11.611 + [(4.611/3) x 1.96] = 11.611 + 3.013
11.611 - [(4.611/3) x 1.96] = 11.611 - 3.013
Answer:
a. Land purchased by Sun Company from a local finance company
1) REAL ASSETS, the land exists as a physical asset regardless of the company's transaction.
b. Sun Company's administration building, which houses the finance department
1) REAL ASSETS, the building exists as a physical asset regardless of the company's transaction.
c. Sun Company's inventories of raw materials
1) REAL ASSETS, the inventories exists as a physical asset regardless of the company's transaction.
d. Accounts receivable: money owed to Sun Company by other companies who have purchased products on credits
2) FINANCIAL ASSETS, accounts receivable is a financial concept, not a physical asset
e. Sun Company's corporate checking accounts
2) FINANCIAL ASSETS, checks is a financial concept that represent money, not a physical asset
Answer:
0.22 and substitutes goods
Explanation:
The computation of the cross-price elasticity of demand using mid point formula is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity demanded is
= Q2 - Q1
= 180,603 - 194,108
= -13,505
And, the average of quantity demanded is
= (180,603 + 194,108) ÷ 2
= 187,356
Change in price is
= P2 - P1
= $2.43 - $3.36
= -$0.93
And, the average of price is
= ($2.43 + $3.36) ÷ 2
= 2.895
So, after solving this, the cross - price elasticity is 0.22
Since the cross - price elasticity is positive that reflect the goods are substitutes to each other
Answer:
$55,300
Explanation:
Calculation to determine what The net income for December would be:
NET INCOME FOR DECEMBER
Revenue $327,000
Less cost of goods sold ($228,900)
(70%*$327,000)
Gross profit $98,100
($327,000-$228,900)
Less Depreciation ($17,400)
Less Operating expenses ($25,400)
Net Income $55,300
Therefore The net income for December would be:55,300
Answer:
A. $75,000 dividend
Explanation:
This is not a capital gain as it do not come from the change in the value of the previously owned shares this are new shares.
The shares which N and M provide in favor to Ben are an stock dividend thus, the tax treatment should be of dividends as well.
