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avanturin [10]
3 years ago
12

Sharon is considering trying to open a new business within the next few years, and she is doing research to determine what kind

of businesses tend to be successful. So far, she has compiled two tables. The first shows the number of businesses of several types started in Sharon's city over the course of two years, and the number of those businesses which did not succeed and were forced to shut down within two years of opening. The second deals with separate records of successful new businesses, showing how much profit those new businesses turned over two years. Businesses on the boundary lines fall in the lower category.
Using the tables as experimental data, determine whether it is more likely for a new retail establishment to succeed and earn profits of $50,000 or more, or whether it is more likely for a new service establishment to succeed and earn profits of $25,000 or less, and how much more likely the one situation is than the other. Express all probabilities as percentages to two decimal places, and express differences by number of percentage points (for example, 23% is 5 percentage points greater than 18%).
a. The situation involving the retail establishment has a probability 0.99 percentage points higher than the situation involving the service establishment.
b. The situation involving the retail establishment has a probability 4.91 percentage points higher than the situation involving the service establishment.
c. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
D. The situation involving the service establishment has a probability 6.35 percentage points higher than the situation involving the retail establishment.
Business
2 answers:
Vladimir79 [104]3 years ago
6 0

Answer:

C - The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.

Explanation:

a. The situation involving the retail establishment has a probability 0.99 percentage points higher than the situation involving the service establishment.

b. The situation involving the retail establishment has a probability 4.91 percentage points higher than the situation involving the service establishment.

c. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.

D. The situation involving the service establishment has a probability 6.35 percentage points higher than the situation involving the retail establishment.

c. IS THE ANSWER AS The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.

SSSSS [86.1K]3 years ago
3 0

Answer:

C. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.

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The ______ of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate va
goldenfox [79]

Answer: uniqueness

Explanation:

8 0
2 years ago
The Two Sisters has a return on assets of 9 percent and a dividend payout ratio of 75 percent. What is the internal growth rate
Anettt [7]

The internal growth rate of a firm is best described as the: A. minimum growth rate achievable assuming a 100 percent retention ratio. B. minimum. The tax rate and the dividend payout ratio will be held constant. Current and. The Two Sisters has a 9 percent return on assets and a 75 percent retention ratio.

hope this helps.

7 0
3 years ago
Assume oil prices rise in the United States, generating concerns that inflation may increase. If the Fed wishes to ensure that i
miskamm [114]

If the Fed wishes to ensure that inflation does not get out of hand, the Fed could lower the <em>target money supply growth rate</em>.

Inflation is when the general price levels in an economy increases persistently overtime.  The policy tools that the Fed can use to control general price levels in the economy is known as monetary policy.

There are two types of monetary policy :

  1. Expansionary monetary policy : these are steps taken by the Fed to increase the supply of money in the economy. These steps include reducing the <em>target Funds rate, decreasing the reserve requirements and carrying out open market purchase</em>.
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7 0
2 years ago
Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $14.00
romanna [79]

Answer:

The correct answer to the following question will be "$76,986".

Explanation:

Although the organization is reportedly going to pay $14.00 per unit, even before manufactured throughout the corporation, cost and save per unit will become the variation among current value as well as production costs without set rate. The cost of operating expenses will not be included to measure the gain because the idle resources of the company would be included and would not raise the fixed costs.

Therefore the cost differential would be as follows:

⇒ Differential \ cost = (Current \ purchasing \ price-Manufacturing \ cost \ excluding  \ fixed \ cost)\times 38,493On putting the values in the above formula, we get

⇒                        =(14-12)\times 38,493

⇒                        =2\times 38,493

⇒                        =76,986

5 0
3 years ago
Suppose the price of a substitute to lcd televisions rises. what effect will this have on the market equilibrium for lcd​ tvs? t
STatiana [176]

Answer:

a. increase and the equilibrium quantity will increase. 

Explanation:

If the price of a substitute to lcd televisions rises, the demand for lcd tvs increase. This would lead to an increase in price and equilibrium quantity.

I hope my answer helps you.

4 0
3 years ago
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