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Rasek [7]
3 years ago
13

What is a lurking​ variable?

Business
1 answer:
Sergio039 [100]3 years ago
3 0

Answer: Option (D) is correct.

Explanation:

A lurking variable is an unknown explanatory or independent variable that is not considered in a study, but this variable affects the results of the study. These variables will cause the results of the research to be biased or misleading. These variables sometimes falsely indicate a strong relationship between the variables or sometimes it hides the true relationship between the response and explanatory variable.

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The treasurer of Systems Company has accumulated the following budget information for the first two months of the coming year:Ma
expeople1 [14]

Answer:

March $6,000

April $134,400

Explanation:

Preparation of a monthly cash budget for March and April

SYSTEMS COMPANY CASH BUDGET FOR MARCH AND APRIL

March April

Estimated cash receipts from:

Cash sales $157,500 $182,000

($450,000*35%=$157,500)

($520,000*35%=$182,000)

Collections of accounts receivable

$285,000 $328,900

[$51,000+($450,000*65%*80%)=$285,000]

[($450,000*65%*20)+($520,000*65%*80%)=$328,900]

Total cash receipts $442,500 $510,900

($157,500+$285,000=$442,500)

($182,000+$328,900=$510,900)

Estimated cash payments for:

Manufacturing costs $174,500 $305,000

[$102,000+($290,000*1/4)=$174,500]

[($290,000*3/4)+($350,000*1/4=$305,000)]

Selling and administrative expenses $37,000 $37,500

[($41,400-$6,400)/2 + $19,500 $37,000]

[($46,400-$6,400)/2 +$19,500$37,500]

Capital additions $250,000 $0

Income taxes $0 $40,000

Total cash payments $461,500 $382,500

Cash increase (decrease) -$19,000 $128,400

($442,500-$461,500=-$19,000)

($510,900-$382,500=$128,400)

Cash balance at beginning of month $45,000 $26,000

Cash balance at end of month $26,000 $154,400

(-$19,000+$45,000=$26,000)

($128,400+$26,000=$154,400)

Minimum cash balance $20,000 $20,000

Excess (deficiency) $6,000 $134,400

($26,000-$20,000=$6,000)

($154,400-$20,000=$134,400)

Therefore The monthly cash budget for March and April will be :

March $6,000

April $134,400

7 0
3 years ago
The small island nation of kaboom is a simple economy with no​ government, no​ taxes, and no imports or exports. kaboomers​ (cit
Luden [163]

HERE IS/ARE THE FULL QUESTION(S):

The small island nation of Kaboom is a simple economy with no​ government, no​ taxes, and no imports or exports. Kaboomers​ (citizens of​ Kaboom) are creatures of habit. They have a rule that everyone saves exactly 40 percent of income. Assume that planned investment is fixed and remains at 225 million Kaboomian dollars. Further assume that autonomous consumption​ (independent of​ Y) is​ zero, so consumption​ (C) is MPC times Upper YMPC×Y.

The following data are estimates for the island of​ Kaboom:

bullet• Real GNP​ (Y): 422 million Kaboomian dollars

bullet• Planned investment spending ​(I)​:225 million Kaboomian dollars

You are asked by the business editor of the Explosive Times​, the local​ newspaper, to predict the economic events of the next few months.

Based on the data​ given, you predict inventories will DECREASE and the level of real GNP will INCREASE.

Things will stop changing when SAVINGS EQUAL INVESTMENT.

Kaboom's economy will reach equilibrium when its real GNP​ = 563 MILLION Kaboomian dollars

6 0
3 years ago
Which special advertising category has the objective of increasing visibility and increasing store traffic
TEA [102]
Bruh what is you talking bout I ain’t never seen to pretty best
5 0
3 years ago
Which network signaling method uses digital signals and consumes the entire available bandwidth of the network media as a single
satela [25.4K]
Verizon ?............
6 0
3 years ago
Alejandro has many business ideas that could satisfy the unfulfilled needs of people who live in his community. However, there a
WITCHER [35]

Answer:

economic and legal

Explanation:

Out of all the options, this option fits the scenario the most and I just took the test.

5 0
3 years ago
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