Answer:
(B) multicollinearity is present.
Explanation:
Multicollinearity -
It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with the substantial degree of accuracy , is known as multicollinearity or collinearity .
<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>
hence , from the question , the indication is of (B) multicollinearity is present .
The net income of Cookies by casey is $123,240
What is net income?
The net income of the company is the excess of its sales revenue over all costs of the running the business, which includes, the costs of sale, interest expense, depreciation as well as the taxes payable to the government authority which is 21% of profits before tax in this case.
Profit before tax=sales-costs of sale-depreciation-interest expense
sales=$487,000
costs of sale=$263,000
depreciation=$42,000
interest expense=$26,000
profit before tax=$487,000-$263,000-$42,000-$26,000
profit before tax=$156,000
tax rate=21%
net income=profit before tax*(1-tax rate)
net income=$156,000*(1-21%)
net income=$123,240
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Answer:
The correct answer is A. King John’s poor financial decisions and loss of territory
Explanation:
Answer:
Someone owes you money
Explanation:
negative balance simply means that your card issuer owes you money,
Answer:
the payback period is 14 months
Explanation:
The computation of the payback period is shown below:
Profit is
= $2,000,000 - $1,669,426
= $330,574
Now payback period is
= 1 + $330,574 ÷ $1,669,426
= 1 +0.198 years
= 1.198 years
= 14.37 months
= 14 months
Hence, the payback period is 14 months