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ozzi
2 years ago
7

When an administrator at a local hospital prepares a series of charts and graphs pertaining to the patients that have stayed at

the hospital during the past month, she is using which general category and statistical analysis?
Business
1 answer:
Tresset [83]2 years ago
5 0
<span>Descriptive Statistics is what is being used (please rate and thanks)</span>
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In a spreadsheet application, a ____ is identified using letters of the alphabet.
4vir4ik [10]
B) Columns are identified using letters in a spreadsheet application.
8 0
3 years ago
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On September 1 of the current year, Scots Company experienced a flood that destroyed the company's entire inventory. Because the
dangina [55]

Answer:

$82,580

Explanation:

We can calculate the estimated amount of inventory destroyed in the flood by deducting the cost of goods sold by the cost of goods available for sale.

DATA

Beginning Inventory  = $215,950  

Inventory purchased  = $192,730

 Sales = $543,500

Calculation

Inventory destroyed  Iestimated) =    Cost of Goods available for sale - Cost of Goods Sold

Inventory destroyed  Iestimated) =  $408,680  - $326,100

Inventory destroyed  Iestimated) = $82,580

Working

Cost of Goods available for sale  = Beginning Inventory + Inventory purchased

Cost of Goods available for sale = $215,950   + $192,730

  Cost of Goods available for sale = $408,680

Cost of Goods Sold  = Sales  - Gross Profits

Cost of Goods Sold = $543,500  - ($543400 x 40%)

Cost of Goods Sold = $ 326,100

4 0
3 years ago
The deadweight loss associated with output less than the competitive level can be determined by A. subtracting the consumer surp
SSSSS [86.1K]

Answer:

C. subtracting the competitive level producer surplus from the producer surplus associated with less output

Explanation:

A deadweight loss refers to a cost to society created as a result of market inefficiency. Market inefficiency occurs when supply and demand are out of equilibrium. It is also known as excess burden.

Deadweight loss is also created due to taxes as they prevent people from purchasing things that they would otherwise as the final price of the product increases.

The deadweight loss associated with output less than the competitive level can be determined by subtracting the competitive level producer surplus from the producer surplus associated with less output

7 0
2 years ago
DelRay Foods must purchase a new gumdrop machine. Two machines are available. Machine 7745 has a first cost of $8,000, an estima
Monica [59]

Answer:

I would recommend Machine 7745

Explanation:

Machine 7745

initial outlay = $8,000

operational costs per year = $300

depreciation cost per year = $700

salvage value (at year 10) = $1,000

total costs per year (1 - 9) = $1,000

total costs year 10 = $0

using an excel spreadsheet, the IRR = 2%. Since you are analyzing costs only, not incremental revenue, then you must select the project with the lowest IRR.

 

Machine A37Y

initial outlay = $8,000

operational costs per year = $260

depreciation cost per year = $800

total costs per year (1 - 10) = $1,060

using an excel spreadsheet, the IRR = 4%

 

5 0
3 years ago
Given the data below for production equipment,Initial Cost, P = $50,000 Salvage Value at the end of 5 years, S = $10,000. Deprec
Taya2010 [7]

Answer:

1. B. $8,000

2. C. $7,200

Explanation:

Units or production (UOP) method of depreciation bases the depreciation expense of a machine or equipment on how much it is actually used during the period.

depreciable value = $50,000 - $10,000 = $40,000

depreciation rate per unit = $40,000 / 25,000 = $1.60

Year          Projected Production units         Actual Production units

1                              4,500                                    5,000

2                             5,000                                    4,000

3                             3,500                                    3,000

4                             5,500                                    5,000

5                             6,500                                    Not known

Total                      25,000

depreciation expense year 4 = $1.60 x 5,000 = $8,000

accumulated depreciation year 4 = $1.60 x 17,000 = $27,200

book value = $50,000 - $27,200 = $22,800

if sold at $30,000, gain resulting from sale = $30,000 - $22,800 = $7,200

7 0
2 years ago
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