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Jlenok [28]
3 years ago
6

Rosa works at a gelato shop and observes that the number of people buying gelato varies greatly from day to day. for a couple of

weeks, she has recorded the number of people at the shop each day, as well as the daily temperature, and has observed a positive relationship between temperature and the number of customers. based on her observations, rosa should multiple choice conclude definitively that people buy more gelato when the temperature rises. determine if there are other relevant factors and attempt to hold these constant before drawing conclusions. continue to gather data on the number of visitors and daily temperatures, because eventually other relevant variables will not matter. throw out the data if it does not show a perfect relationship between buying habits and temperature.
Business
1 answer:
rosijanka [135]3 years ago
7 0
<span>I think the the purchase of Gelato depends a lot on the temperature. A lot of people just want to have something cold, when it is hot outside, for example: Icecream, a cold drink. Although, i don't think it is only related to temperature. Temperature plays a big part in it, but some people might just want ice cream for example on a cold day. lets say there is a girl that just got dumped by her boyfriend, the cliché is that this girl will eat her hurt feeling away with ice cream, no matter what the temperature is. i myself like to enjoy gelato also in winter. I do have to state though, that it is LESS than in summer, but the craving is still there.</span>
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Answer and Explanation:

The journal entry are as follows

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The computation is shown below

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For recording this we debited the interest expense as it increased the expenses while on the other hand the cash is paid which reduced the cash balance so it is credited

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(Being the cash sale of bond is recorded)

For recording this we debited the cash as cash is received that increased the cash balance and at the same time we credited the bond payable

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3 years ago
The Chief Financial Officer of Five Star Food Distributors has asked you to evaluate the building of a new warehouse. As an astu
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The answer is<u> "net present value".</u>


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3 years ago
Bramble Corporation factors $252,500 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathl
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Answer:

Explanation:

Before passing the journal entry we have to do the calculations which is shown below:

The accounts receivable is $252,500

Financial charge = 2% of accounts receivable = $252,500 × 2% = $5,050

Recourse obligation fair value = $4,940

The loss on receivables sold would be = $5,050 + $4,940 = $9,990

Reserve amount =  4% of accounts receivable = $252,500 × 2% = $10,100

Now the journal entry would be shown below:

Cash A/c Dr $237,350

Reserve A/c Dr $10,100

Loss on receivables sold A/c Dr $9,990

      To Recourse liability                             $4,940

       To Accounts receivable                      $252,500

(Being the sale of receivables with recourse is recorded)

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3 years ago
If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely:________
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If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely decrease.

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7 0
1 year ago
7. on an average hourly basis, how much does butcher enterprises spend on wages and benefits, respectively, in dollars?
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The compensation survey showed an average hourly rate of $23 for total compensation. Of this amount, wages are $16 per hour and benefits are $7 per hour. In comparison, Butcher Enterprises spends an average hourly rate of $19 for total compensation. Of this amount, 70 percent is allocated for wages.

1-7. On an average hourly basis, how much does Butcher Enterprises spend on wages and benefits, respectively, in dollars?

Answer:

Hourly wage = 0.7 * $19 = $13.3

Hourly benefit = 0.3 * $19 =$5.7

Explanation:

Butcher enterprises spends average hourly rate of total compensation = $ 19

Allocation for hourly wage = 70%

So therefore;

Hourly wage = 0.7 * $19 = $13.3

Allocation for hourly benefit = 30%

So therefore;

Hourly benefit = 0.3 * $19 =$5.7

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3 years ago
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