Answer:
More Leisure time
Explanation:
When an individual retires he gets more free time which is referred to as leisure time where you dont have to work. and you can use this to experience life and adventures.
Answer:
$70,000
Explanation:
Total Cost:
= Direct materials + Direct labor + Manufacturing overhead applied
= $55,000 + $30,000 + $27,000
= $112,000
Units produced = 4,000 units
Units sold = 1,500 units
Unit Cost = Total Cost ÷ Units produced
= $112,000 ÷ 4,000
= $28 per unit
Stock in Hand:
= Units produced - Units sold
= 4,000 - 1,500
= 2,500
cost of the finished goods on hand:
= Stock in Hand × Unit Cost
= 2,500 × $28 per unit
= $70,000
Answer:
C) The company is becoming more solvent
Explanation:
FY 2017 FY 2016 FY 2015
Total Debt $2000 $1900 $1750
Total Equity $4000 $4500 $5000
debt to equity 50% 42% 35%
Since the debt to equity ratio is continuously decreasing, we can conclude that XYZ Co. is financially stable and becoming more solvent.
Answer:
The hypothesis that the buyer should test is the paired t-test for the mean difference.
Explanation:
We are given that a buyer for a manufacturing plant suspects that his primary supplier of raw materials is overcharging. To determine if his suspicion is correct, he contacts a second supplier and asks for the prices.
The data is given below;
Material Primary supplier Secondary supplier Difference
1 $55 $45 $10
2 $48 $47 $1
3 $31 $32 -$1
4 $83 $77 $6
5 $37 $37 $0
6 $55 $50 $5
7 $47 $40 $7
The hypothesis that the buyer should test is the paired t-test for the mean difference because we are interested in comparing the difference between the cost of raw materials charged by both the suppliers.
Answer:
D) the closing prices of bonds in the index.
Explanation:
The Dow Jones Corporate Bond Index is collection of 96 corporate bonds that are equally weighted. It measures the returns on corporate shares and pricing is done daily.
Investors study this index to get insights from trends noticed. These insights are used to make informed decisions on the best investment to make.
The Dow Jones Corporate Bond index displays daily closing balances of the 96 corporate bonds that make up the index. These closing balances are then compared to historical data.