Answer:
t value is 1.495
Explanation:
The null and alternative hypothesis are :
H0 : mu = 1327
ha: mu > 1327
This is a one tailed test
Critical value = 1.771
at 0.05 significance level with df = 14-1 = 13
test statistics:
s = 411.53, n = 14
t = (xbar -mu)/(s/sqrt9n))
= ( 1491.43 - 1327)/(411.53/sqrt(14))
= 1.495
Decision:
Reject H0 if tstat > 1.771
Fail to reject H0
Answer and Explanation:
The computation of the depreciation expense and book value at the end of 2016 is shown below:
But before that first determine the cost of the asset which is
Cost of the asset is
= Purchase price + rear hydraulic lift + sales tax
= $62,000 + $8,000 + $3,000
= $73,000
Now the depreciation expense is
= ($73,000 - $8,000) ÷ (10 years)
= $6,500
ANd, the book value is
= $73,000 - $6,500 × 2
= $60,000
Answer:
The correct answer to this question is A) because resources are not equally good in each production activity.
Explanation:
PPS or Production possibility frontier ( which is often as production possibility curve ) shows the possible combinations( of two products or services) with maximum outputs that can be produced in an economy when all the available resources are fully and efficiently used.
The reason why opportunity cost is increased while moving along PPS is because when we increase the output of one good , that means we are allocating more resources towards this good ,that means we will be left with the fewer resources to carry out the production of other good , so therefore the opportunity cost would increase.
If inc. jones reported net income of $60,000 during the period. rex will report its 30% of the earnings with a <u>credit</u> to earnings from equity method investment in the amount of <u>$18,000</u>.
<h3>
Equity method investment</h3>
Since rex. co hold 30 percent of the shares of stock in jones inc which in turn means that jones will report 30% of the earning (net income) which is $18,000 calculated as (30%×$60,000).
The amount of the earnings which is $18,000 will be credited to earning from equity method investment.
Equity method investment=30%×$60,000
Equity method investment=$18,000 (credited)
Therefore If inc. jones reported net income of $60,000 during the period. rex will report its 30% of the earnings with a <u>credit</u> to earnings from equity method investment in the amount of <u>$18,000</u>.
Learn more about Equity method investment here:brainly.com/question/18187746
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Answer: Things to consider when creating a budget.
Explanation: Trust me bro