Answer:
A). A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans.
Explanation:
Multiple regression is elucidated as the statistical technique employed to determine the association between two or more dependent or response and independent/explanatory variables.
As per the question, the multiple regression can be employed in the first situation where 'a real estate company wishes to forecast the probable sales of construction on the basis of....loans.' Multiple regression analysis would help in representing the linear relationship between these two variables that helps in ensuring effective analysis and making predictions and ensuring optimum output. Thus, <u>option A</u> is the correct answer.
Answer:
B) greater than $30 but less than $40
Explanation:
the options are missing:
A) less than or equal to $30
B) greater than $30 but less than $40
C) greater than $40 but less than $50
D) greater than $50
we must first calculate safety stock = (Z-score x √lead time x standard deviation of demand) + (Z-score x standard deviation of lead time x average demand)
- Z-score for 98% confidence level = 2.326
- standard deviation of demand = 30
- √lead time = √5 = 2.23607
- we are not given any standard deviation of lead time, so we can assume that it is 0
safety stock = (2.326 x √2.23607 x 30) + (2.326 x 0 x 300) = 156.03 ≈ 156 units
the annual holding cost of 156 units = 156 x $0.25 = $39
Answer:
- 0.30
Explanation:
Given the following :
Hedge ratio of an at-the-money call option on IBM = 0.35
Hedge ratio of an at-the-money put option = - 0.65
Hedge ratio of an at-the-money straddle =?
Hedge ratio of an at-the-money straddle is given by :
(Hedge ratio of an at-the-money call option + Hedge ratio of an at-the-money put option)
Hedge ratio of an at-the-money straddle :
(0.35 + (-0.65))
= (0.35 - 0.65)
= - 0.30
Answer:
Dr mortgage payable $635.52
Dr interest expense $641.67
Cr cash $1,277.19
Explanation:
The first repayment made on the mortgage is $1,277.19,this amount can be broken into interest payment on the mortgage as well as the repayment of the principal of $110,000.
interest for first month=$110,000*7%*1/12=$641.67
Invariably the payment made comprises of $635.52 ($1,277.19-$641.67) principal repayment and interest payment of $641.67
The entries would to debited mortgage payable with $635.52 and interest expense with $641.67 while cash is credited with $1,277.19
Answer:
See explanation section
Explanation:
To record the journal entry to write off the uncollectible account according to the direct write-off method, we have to use bad dad expanse instead of an allowance account.
December 31 Bad Debt Expense Debit $1,200
Account receivable - Acme, Inc. Credit $1,200
Note: As the company did not get the money from the Acme, Inc., They treated the expense as irrecoverable.