a) ( 0.8509718, 0.8890282)
b) ( 0.7255, 0.7745)
Explanation:
(a)
Given that , a = 0.05, Z(0.025) =1.96 (from standard normal table)
So Margin of error = Z × sqrt(p × (1-p)/n) = 1.96 × sqrt(0.87 × (1-0.87) / 1200)
=0.01902816
So 95 % confidence interval is
p+/-E
0.87+/-0.01902816
( 0.8509718, 0.8890282)
(b)
Margin of error = 1.96 × sqrt (0.75 × (1-0.75) / 1200) = 0.0245
So 95% confidence interval is
p+/-E
0.75+/-0.0245
( 0.7255, 0.7745)
Answer:
Current Liabilities:Notes Payable 250,000
Long-term Debt:Notes Payable 950,000
Explanation:
Calculation to Show how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet.
Hattie McDaniel Company
Partial Balance Sheet
December 31, 2017
CURRENT LIABILITIES
Notes Payable 250,000
($1,200,000-$950,000)
LONG-TERM DEBT
Notes Payable 950,000
Therefore how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet is:
Current Liabilities:Notes Payable 250,000
Long-term Debt:Notes Payable 950,000
Answer:
C) earning an economic profit.
Explanation:
Since the market is in long run equilibrium, the demand = the supply of haircuts, and an increase in the quantity demanded will increase the equilibrium price in the short run, generating economic profits at least until more suppliers enter the market and long run equilibrium is established again. Economic profit doesn't exist when the market is at long run equilibrium.
*Economic profit = accounting profit - implicit costs. So economic profit being $0 in the long run doesn't mean the businesses are not making an accounting profit.
Answer:
annual net income is $23077.25
Explanation:
Given data:
sales volume = 4200 units
selling price/units $50
variable cost/units $25
fixed cost is $45000
Total sales 
selling price/unit 
variable cost/unit 
fixed cost 
sales 
variable cost 
difference = 229320 - 104737 = 124583
fixed cost = $43650
depreciation exchange = $11000
so total income prior to tax = 124583 - (43650 + 11000) =$ 69932.5
tax rate is 33%
so total income after tax is 
Answer:
B. its application to real-life organizations
Explanation:
The answer to this is most likely B because the strength of the team leadership model is application to real-life organizations.
