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RoseWind [281]
3 years ago
9

What is a residual explain when a residual is positive negative and zero?

Business
1 answer:
Sveta_85 [38]3 years ago
3 0
We can define residual as <span>the difference between the observed value and its associated predicted value.
we can calculate the residual value as;
</span>residual value = observed value - predicted value
When the residual value is negative it means that the observed value is less than the predicted value and when the residual value is positive it means that the observed value is greater than the predicted value. When the <span>correlation between two variables is equal to one, the value of the residuals is equal to zero and that is the ideal residual value.</span>


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Signal mistakenly produced 1,450 defective cell phones. The phones cost $64 each to produce. A salvage company will buy the defe
posledela

Answer:

Incremental income from reworking the phone   is $49,300

Explanation:

                         Scrap              Rework

Sales                $46,400          $214,600

                        <em>(32 * 1,450)      (148 * 1,450)</em>

<em />

- Rework costs       0                   $118,900

                          <u>                         </u><em><u>(82 * 1,450)</u></em>

Profit                 <u>$46,400            $95,700</u>

Incremental income from reworking the phone  

= $95,700 - $46,400

= $49,300

5 0
4 years ago
Snackyville sells a wide variety of snacks to retail grocery stores. Snackyville recently released two new snacks: a popular tra
Akimi4 [234]

Answer:

Both the trail mix and granola bars are tied products since the selling of one of the (the popular trail mix) is tied to the selling of the other product (the less popular granola bars).

Companies do this taking advantage of a very popular product, in order to either increase the sales of a less popular product or simply to get rid of the remaining inventories of some other product.  

3 0
3 years ago
he most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet Sales 91,200
klio [65]

Answer:

The sustainable Growth Rate is 15.46%

Explanation:

Return on equity= (Net income/Equity Shareholder's Fund) * 100

= ($19,789 / $83,200) * 100

= 23.78%

Payout ratio is 35%.

Therefore, Retention Rate is 65% or 0.65

Sustainable Growth Rate = Return on Equity * Retention Rate

= 23.78% * 0.65 =

= 0.2378 * 0.65

= 0.15457

= 15.46%

Thus, the sustainable Growth Rate is 15.46%

5 0
3 years ago
Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow?
podryga [215]

Answer:

Net cashflow = Net income + Depreciation

Net cashflow = 3,100,000 + 500,000 = 3,600,000 dollars

Explanation:

Net cashflow equals net income plus depreciation.

3 0
3 years ago
Pressure from superiors and investors or from media to make a firm's numbers "look good" in order to drive its stock upward can
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Audit fraud

Explanation:

The process whereby a firm inflates sales or earnings or deflates expenses in its financial reporting is called a fraud. The firm is engaging in a fraudulent process.

  • Most times, a company income statement is used in reporting sales, earnings and expenses.
  • It is one key and important financial tool a company possesses.
  • When the figures in this tool is altered, it is right to call in a fraud.
  • Fraud is the deliberate act of concealing or altering facts in order to represent a person, or company well.
  • The act described in this problem is a typical case of fraud.
  • An auditor is trained to figure out this kind of act in a company's financial record.

Learn more:

Fraud brainly.com/question/2551027

#learnwithBrainly

6 0
4 years ago
Read 2 more answers
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