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Fantom [35]
3 years ago
11

Bountiful Company had sales of $650,000 and cost of merchandise sold of $200,000 during the year. The total assets balance at th

e beginning of the year was $175,000 and at the end of the year was $167,000. Calculate the ratio of sales to total assets.
Mathematics
1 answer:
icang [17]3 years ago
6 0

Answer:

Ratio = 3.801

Step-by-step explanation:

Given that the total assets balance at the beginning of the year was $175,000 and at the end of the year was $167,000.

Average assets for the year = \frac{175000+167000}{2} =171000

Sales for the year = 650000 dollars

To calculate the ratio of sales to total assets:

Required ratio = \frac{650000}{171000} =3.801

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3 years ago
Lucas took out a car loan for $14,475 that has a 0% APR for the first 16
Fiesta28 [93]

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7 0
3 years ago
Assume the general population gets an average of 7 hours of sleep per night. You randomly select 45 college students and survey
tekilochka [14]

Answer:

a) ii. This is a left-tailed test.

b) -1.59

c) -1.301

d) i. reject null hypothesis

e) Option i) The data supports the claim that college students get less sleep than the general population.

Step-by-step explanation:

We are given the following in the question:  

Population mean, μ = 7 hours

Sample mean, \bar{x} = 6.87 hours

Sample size, n = 45

Alpha, α = 0.10

Sample standard deviation, s =  0.55 hours

First, we design the null and the alternate hypothesis

H_{0}: \mu = 7\text{ hours}\\H_A: \mu < 7\text{ hours}

a) We use one-tailed(left) t test to perform this hypothesis.

b) Formula:

t_{stat} = \displaystyle\frac{\bar{x} - \mu}{\frac{\sigma}{\sqrt{n}} }

Putting all the values, we have

t_{stat} = \displaystyle\frac{6.87 - 7}{\frac{0.55}{\sqrt{45}} } =-1.59

c) Now,

t_{critical} \text{ at 0.10 level of significance, 44 degree of freedom } = -1.301

Since,                    

t_{stat} < t_{critical}

d) We fail to accept the null hypothesis and reject it.

We accept the alternate hypothesis and conclude that  mean number of hours of sleep for all college students is less than 7 hours.

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8 0
3 years ago
Simplify square root
NemiM [27]

Answer:

C

Step-by-step explanation:

look up rules of multiplying radicals.

You can multiply the radicands (the number inside the square root) then take the square root of the new number.

3*21 = 63

Factor 63 into 3*3*7

Pull out 3^2 from inside the square root

leaves you with 3sqrt7 or answer C

7 0
3 years ago
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