Answer:
The correct answer to the following question is option B) both statements i and ii are correct.
Explanation:
First of all the marginal product can be defined as the additional unit of product that a business can produce by using additional unit of input. And marginal revenue product refers to the change that occurs in the total revenue due to the production of additional unit of product.
Any competitive firm would hire additional workers only when the MRPL (marginal revenue product of labor) is greater than the wages paid to that labor and additional cost incurred in hiring those workers and they would stop hiring the workers when the MRPL is equal to the cost paid to the workers.
Text mining helps companies tap into the massive volume of customer opinions expressed online.
<h3>What is text mining?</h3>
Similar to text analytics, text mining is the technique of extracting high-quality information from text. It is also known as text data mining. It entails "the automatic extraction of information from several written sources to create new, previously unknown information by computer."
The process of converting unstructured text into a structured format with the purpose of identifying significant patterns and fresh insights is known as text mining, also known as text data mining.
Natural language processing is used automatically in text mining to glean insightful information from unstructured material. Text mining automates the process of categorizing texts by sentiment, topic, and intent by converting data into knowledge that computers can comprehend.
To learn more about text mining visit:
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Answer: 1.50
Explanation:
Isabel's portfolio beta is a weighted average of the individual stock betas.
= Weight of stock A * Stock A beta + Weight of stock B * Stock B beta + Weight of stock n * Stock n beta
= (20% * 0.4) + (30% * 1.2) + ( 25% * 2.5) + (25% * 1.75)
= 0.08 + 0.36 + 0.625 + 0.4375
= 1.5025
= 1.50
Answer:
$104,329
Explanation:
Given that,
Least squares regression line from available data:
y = $106,729 - 0.8x
where,
y = Net income
x = Number of paper clips it purchases
If x = 3,000 paper clips are planned to be purchased next month then the next month's net income is calculated as follows:
= $106,729 - 0.8x
= $106,729 - (0.8 × 3,000)
= $106,729 - $2,400
= $104,329
Answer:
Dr Cost of Goods Sold 20,000
Cr LIFO Reserve (20,000
)
Explanation:
<u>Journal Entr</u>y
Dr Cost of Goods Sold 20,000
Cr LIFO Reserve (20,000
)
<u>Ending Balances after adjustment</u>:
<u>Stocks</u>:
Inventories 375,000
<u>LIFO Reserve </u> <u> (55,000
)</u>
Total: 320,000 ( Financial Statement and Income Tax compliance )
