Answer:
It is observed that the value of test statistics (19.168) is greater than the critical value (13.277), thus the rejected hypothesis, H₀ at α = 0.01.
There is enough evidence to conclude or deduce that sales were the same for all locations
Explanation:
Solution
Given that:
Object: Test whether the sales were the same for all locations by applying 1% significance level.
The Null Hypothesis H₀ : Sales were the same for all locations
E₁ = 70 +75 +70+ 50 + 35/5 = 60
The Alternative Hypothesis Hₐ : Sales were not the same for all locations
Now,
The decision rule:
the Level of Significance be α = 0.01
Degrees of freedom is df= Number of categories -1
=5-1 = 4
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Answer:
$23,022.68
Explanation:
We are to calculate the future value of this amount using the two different interest rates and find the difference
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
$19,500 (1.063)^35 = $165,462.23
$19,500 (1.069)^34 = $188,484.91
$188,484.91 - $165,462.23 = $23,022.68
Answer:
A. y increases and c increases
<h3>
Explanation:</h3>
- The rate of reaction doubles decreases by half for every 10°C change in either direction.
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A consequence of paying most or all of a salesperson's compensation in the form of commissions is It encourages the salesperson to focus on closing the sale.
A sales commission is a payment made to an employee after they successfully complete a task, typically selling a predetermined volume of goods or services. Sales commissions are a common incentive used by employers to boost employee productivity. A commission can be paid instead of or in addition to a salary.
A commission is a fee a broker or investment advisor charges for handling a client's purchases and sells of securities or for offering financial advice.
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Answer:
a. Breakeven point: 1,500 units.
b. Kid´s Corner would have to sell 2,333.33 units to earn $10,000 in operative income.
Explanation:
a. breakeven point in units
breakeven point= 
b. Operating income = Total revenue - direct costs-indirect costs
$10,000=$25*X-$13*X- 18,000
Where X is the amount of units to sell
Isolating X from the equation, we have:
12X=28,000
X=28,000/12
X= 2,333.33
