Ask question

Ask question

All categories

3 years ago

11

A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family

size, household income, and household neighborhood (urban, suburban, and rural). The "income" variable in this model is ____.

1 answer:

Anna007 [38]3 years ago

4 0

Answer and Explanation:

expenditures on groceries

You might be interested in

You are considering in investing one of the two options: Investment A requires a $255,000 upfront payment from you and generates

Ainat [17]

Answer:

Option (E) Never

Explanation:

NPV from Investment Project 1 = ($255,000) + $21,000 / (r)

NPV from Investment Project 2 = ($175,000) + $29,000 / (r)

The question says that find the number of years that equals the total return which means the NPV from both investments is equal:

($255,000) + $21,000 / (r) = ($175,000) + $29,000 / (r)

$21,000 / (r) - $29,000 / (r) = $255,000 - $175,000

-$8000 / r = $80,000

r = - 8000 / 80000 = -0.01 = - 10%

The negative sign shows that project A can not make a positive NPV that will be equal to that of project B and vice versa. It can also be illustrated by putting the value of r in "NPV from Investment Project 1"

NPV from Investment Project 1 = ($255,000) + 21000 / -0.01

= ($255,000) - $210,000 = ($465,000)

This shows that the company will have to make losses of $465,000 which is not possible because company will not select projects with negative NPVs.

3 0

3 years ago

Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 25,100 $ 21,100

tamaranim1 [39]

Answer:

Bledsoe Corporation

Schedule of Cost of goods manufactured

Particulars Amount

Direct materials:

Beginning material inventory $25,100.00

Add: Purchases <u>$72,100.00</u>

Raw material available for use $97,200.00

Less: Ending material inventory <u>$21,100.00</u>

Raw material used in production $76,100.00

Less: Indirect material <u>$4,010.00 </u> $72,090.00

Direct labor $92,100.00

Manufacturing overhead applied <u>$41,100.00</u>

Total manufacturing costs $205,290.00

Add: Beginning WIP <u>$17,100.00</u>

Total cost of work in process $222,390.00

Less: Ending WIP <u>$10,100.00</u>

Cost of goods manufactured <u>$212,290.00</u>

Bledsoe Corporation

Schedule of COGS

Particulars Amount

Cost of goods sold:

Beginning finished goods inventory $48,100.00

Add: Cost of goods manufactured <u>$212,290.00</u>

Cost of goods available for sale $260,390.00

Less: Ending finished goods inventory <u>$56,100.00</u>

Unadjusted cost of goods sold $204,290.00

Add: Underapplied overhead <u>$1,010.00 </u>($42,110 - $41,100)

Adjusted cost of goods sold <u>$205,300.00</u>

3 0

2 years ago

In a 1960s movie, an heiress sends out thousands of letters to shareholders in an attempt to have them vote for her and for the

Vitek1552 [10]

Answer:

The kind of corporate takeover technique implemented in the film is proxy fight.

Explanation:

A proxy fight is termed as a technique where two corporate factions ask the stakeholders for the proxy votes such that the right of voting is transferred.

In this case both the parties, the heiress as well as the opponent is asking for the right of vote from stakeholders so that they can decide the corporate future. This is the key feature of the proxy fight and thus this is the correct option.

6 0

3 years ago

Retained earnings represents: Multiple Choice Amount of cash available for paying dividends. Total assets minus total liabilitie

kotegsom [21]

Answer:

All net income, less all dividends, since the company began operations.

Explanation:

Retained Earnings are the retained profits that the company keeps with itself, for meeting any case of emergency or for growing company and thus, meeting the growing expenses.

Each year when company earns profits and then, it distributes its profits in the form of dividends, the balance remaining after paying the dividends is added to retained earnings.

Thus, the entire balance of these kind of profits not paid anywhere else and also not utilized is called retained earnings.

4 0

2 years ago

The supply of aged cheddar cheese is inelastic, and the supply of flour is elastic. Both goods are considered to be normal goods

KiRa [710]

Hey bro hey how are you doing I hope you

4 0

3 years ago