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Vlad1618 [11]
3 years ago
15

Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase

daily sales. In order to determine the effectiveness of the advertising campaign, a sample of 49 day's sales were taken. The sample showed an average daily sales of $6,300. From past history, the restaurant knew that its population standard deviation is about $1,000. If the level of significance is 0.01, do the sales increased as a result of the advertising campaign?
Business
1 answer:
kipiarov [429]3 years ago
4 0

Answer:

Yes

Explanation:

The 0.01 percent of the deviation plus the 0.01 percent of the sales average is not enough to get to the $6,300 daily, which means that the factor of the increase sales is the advertising campaign.

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One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% o
lara31 [8.8K]

Answer:

Raw material purchases (in pounds) 20,275

Explanation:

The computation of the purchase of raw material made for February month is shown below:

Production in Units         20,600    

Multiplied by Raw material needed per unit (in pounds) 1    

Total raw material required (in pounds) 20,600    

Add: closing Inventory (25% of 19300 pounds) 4,825    

Less: Opening Inventory (25% of 20600 pounds) 5,150    

Raw material purchases (in pounds) 20,275

5 0
3 years ago
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zhuklara [117]
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8 0
3 years ago
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Daniel is resigning from his position as a marketing specialist and would like a permanent record of her official resignation. W
Damm [24]

Answer:

a. Letter

Explanation:

A letter is written communication from one party to another. Letters are written on a designated paper, put in an envelope and send either by post or hand-delivered.

A letter can be formal or informal. Daniel should write a formal letter to his boss informing him of his resignation. Should Daniel write a letter, It will an official document in the company. The company will be file the document appropriately and will stay intact for many years.

Daniel can also keep a copy of the letter for himself. A letter has an advantage over the other electronic options. Electronic records can be deleted permanently or get lost should the systems collapse.

4 0
3 years ago
If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measured in terms of pr
FrozenT [24]

Answer:

4 million  houses

Explanation:

Opportunity cost is the forfeited benefit as a result of choosing one option over others.  Its value equals the cost of the next best alternative.

The cost of constructing a new home is $150,000.  If the Federal Defence has a budget of $600 billion, the opportunity cost of spending that amount will be the equivalent number of units that can be built by the amount.

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= $600,000,000,000/ $150,000

=4,000,000

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6 0
4 years ago
The following items are reported on a company's balance sheet: Cash $225,000 Marketable securities 115,000 Accounts receivable (
Mrac [35]

Answer:

i don't know

Explanation:

5 0
2 years ago
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