Answer:
The percent of students who take exactly three courses =
31.67%
Explanation:
a) Data and Computations:
# of Courses Frequency Relative Frequency Cumulative Frequency
1 22 0.3667 22
2 19 0.3167 41
3 19 0.3167 60
Number of part-time students surveyed = 60
Students who take 1 course = 22/60 * 100 = 36.67%
The cumulative frequency for 1 course is 22 students.
The frequency of student who take 2 courses = 19(41 - 22)
Therefore, the frequency of students taking 3 courses = 19 (60 - 41) and
the relative frequency of students who take 3 course = 19/60 * 100 = 31.67%.
Answer:
C) does not have a close substitute.
Explanation:
A monopoly is a market structure where there is only a single seller but many buyers. The seller therefore has more bargaining power over buyers and is therefore the price maker; a monopolist decides and sets the price of the product. Since there is only one seller, it means that the good does not have close substitutes. However, a multi-product monopolist could sell goods or services that are close complements.
Answer:
Average Receivables= (600,000+630,000)/2=615,000
Days sales in receivables= Average receivables/ average sales per day
Average sales per day= 4,250,000/365=11,644
Days in receivables = 615,000/11,644=52.88
Explanation:
Answer:
The correct answer is the third option: Investments in human capital.
Explanation:
To begin with, the neoclassical economics focus mostly in the study of the economy by paying most of the attention to the individual parts of it, saying that, this science accepts a methodological individualism and it focus in a rationality at long term and that is why it basically would find the investment in human capital as an element that would underpins long run productivity growth in the economy. Moreover, there is a principle in a neoclassical theory that states that the individuals act over the bases of complete and relevant information and therefore that it must focus on them primarily by investing in them.
Answer:
$60,000
Explanation:
The computation of the depreciation expense using the straight line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($540,000 - $60,000) ÷ (8 years)
= ($480,000) ÷ (8 years)
= $60,000
In this method, the depreciation is the same for all the remaining useful life
We simply used the above formula
