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Licemer1 [7]
4 years ago
9

An Internet business prides itself in its ability to fill customer’s orders in six calendar days or less on average. Periodicall

y, the operations manager selects in a random sample of customer orders and determines the number of days required to fill the orders. Based on the sample information, she decides if the desired standard is not being met. She will assume that the average number of days fill customer orders is six or less and less the data suggest strongly otherwise. a) Establish the appropriate null and alternative hypotheses. b) On one occasion where sample of 40 customers were selected, the average number of days was 6.65, with the standard deviation of 1.5 days. Can the operations manager conclude that her Internet business is achieving its goal? Determine your answer using a 90% confidence level. 4) For the United States, the mean monthly Internet bill is $65.72 per household. A sample 50 households in a southern state showed a sample mean of $63.22. Using a standard deviation of $6.72, and a significance level of .05, with a resulting p-value of .005689, are these household significantly smaller than the mean?
Business
1 answer:
LenaWriter [7]4 years ago
3 0

Answer:

Answer is explained in the attachment.

Explanation:

Download pdf
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Inventory Ratio Calculations
tatuchka [14]

Answer:

Inventory Turnover Ratio for 2008=  3.223 Times

Inventory Turnover Ratio for 2009= 3.91 times

Explanation:

Inventory Turnover Ratio=  Cost of Goods Sold / Average Inventories

Inventory Turnover Ratio for 2008=  $632,000/ $201,000 + 191,100/2

Inventory Turnover Ratio for 2008=  $632,000/196,050

Inventory Turnover Ratio for 2008=  3.223  times

Inventory Turnover Ratio for 2009=  $ 731,000/191,100 + 182,600/2

Inventory Turnover Ratio for 2009=  $ 731,000/ 186,850

Inventory Turnover Ratio for 2009= 3.91 times

7 0
3 years ago
Which of the following would an economist most likely classify as a need?. A.gasoline for a florist's delivery truck.. B. a coll
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Flourist gas truck answer
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3 years ago
Different beverages may be absorbed a slightly different rates because of _________?
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The drinks chemical Makeup
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3 years ago
Read 2 more answers
Lorenzo is the sole proprietor of a trampoline shop. During 2019, the following transactions occurred.Unimproved land adjacent t
miskamm [114]

Explanation:

we have to get The Amount and nature of recognized gain or loss for each transaction:

a.  The condemnation proceeds = $15,000.  allocable basis of acquired land = $40,000."

loss = $40,000 - $15,000

= $25,000

b. sale of truck = $3,500. the adjusted basis = 0

Gain = $3,500 - 0 = $3,500

c.

As rowing machine was sold for 4900 and is fully depreciated, with an adjusted basis of 0

Gain = $4,900 - 0 = $4,900

d. sale of apartment = 300000

adjusted basis = $124,783

when we subtract we get :

The Overall gain would be = $300,000 - $124,783 = $175,217

Unrecaptured Section gain = $150,000 - $124,783 = $25,217

Regular long-term capital gain = Overall gain - Uncaptured section gain

This is:

= $175,217 - $25,217 = $150,000

e. his yatch was stolen, it had cost $25,000. The fair market value = $19,600. he was insured for 50% of the original cost, of which he got $12,500 on December 1."

Then Tax loss = Fair market value - Amount received from insurance

$19600-$12,500 = $7,100

so we have here a tax loss of $7,100 ( before any AGI limitation),

f. he sold a Buick for $9,600.  It was bought for $20,800."

Loss = $20,800 - $9,600 = $11,200

a non-deductible personal loss.

g. after his trampoline machine was stolen. fair market value was 8000, adjusted basis = 6000

Tax Loss = $6,000

lorenzos Adjusted Gross Income for 2019 = $102,000 + $3,500 + $4,900 + $150,000 - $6,000 = $254,400

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3 years ago
According to public choice theorists, people behave differently in the public sector and the market sector because:
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The answer to your question is A
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