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3 years ago

Which of the following activities is an example of gathering data by observation?

2 answers:

7 0

Observation is research method that examines people in natural settings or naturally occurring situations. It provides good insights into how the different participants are behaving and interacting. However observation can be time consuming because longer period of time is needed for reliable information.

The following activity is an example of gathering data by observation : Measuring how many parts workers assemble in an hour.

s344n2d4d5 [400]3 years ago

5 0

From the given options, the activity which exemplifies gathering data by observation is option D: Measuring how many parts workers assemble in an hour. This is the best answer as it uses senses to observe people in naturally occurring situation — according to the definition of observation as a data collection method.

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In 2020, Monty Corporation had net cash provided by operating activities of $486,000, net cash used by investing activities of $

Marina CMI [18]

Answer:

Monty Corporation

Computation of Cash at December 31, 2020:

$485,000.

Explanation:

a) Data and Calculations:

Net cash provided by operating activities = $486,000

Net cash used by investing activities = (976,000)

Net cash provided by financing activities = $627,000

Net cash inflow = $ 137,000

January 1, 2020 Cash balance 348,000

December 31, 2020 Cash balance $485,000

b) The above implies that Monty made more (cash inflow) cash of $137,000 between January 1, 2020 and December 31, 2020. This is added to the January 1, 2020 cash balance to arrive at the December 31, 2020 cash balance.

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3 years ago

The Common Stock account for Alpha Corporation on January 1, 2017 was $37,500. On June 1, 2017 Alpha issued an additional 4,500

solniwko [45]

Answer:

(a) $199,700

(b) $12.32

Explanation:

(a) Total paid in capital:

= common stock + Paid in capital in excess of par

= [$37,500 + (4,500 × $5)] + $15,000

= $60,000 + $15,000

= $75,000

Total stockholder's equity:

= Total paid in capital + Retained earnings

= $75,000 + $124,700

= $199,700

(b) Weighted average number of shares:

= First five months + Next seven months

= [(37,500 ÷ $5) × (5÷12)] + [((37,500 ÷ $5) + 4,500) × (7÷12)]

= 3,125 + 7,000

= 10,125

Earnings per Share = Net income ÷ Weighted average number of shares

= $124,700 ÷ 10,125

= $12.32

5 0

3 years ago

During 2017, its first year of operations as a delivery service, Sarasota Corp. entered into the following transactions.

Artyom0805 [142]

Answer:

1.Equity = Increase ($103,000) and Assets = Increase ($103,000)

2.Assets = Increase ($45,000) and Liabilities = Increase ($45,000)

3. Assets = Increase ($61,000) and Liabilities = Increase ($61,000)

4. Equity = Increase ($18,000) and Assets = Increase ($18,000)

5. Assets = Increase ($4,900) and Liabilities = Increase ($4,900)

6. Equity = Decrease ($5,400) and Assets = Decrease ($5,400)

7. Equity = Increase ($12,000) and Assets = Increase ($12,000)

8. Equity = Decrease ($26,100) and Assets = Decrease ($26,100)

9. Equity = Decrease ( $11,200) and Assets = Decrease ( $11,200)

Explanation:

Accounting Equation is written as;

Equity = Assets - Liabilities

So, from each of the transactions given identify the elements Assets, Liability and Equity affected.

5 0

2 years ago

Economic profits are calculated by subtracting: a.explicit costs from total revenue. b.implicit costs from total revenue. c.impl

elixir [45]

Answer:

The answer is D.

Explanation:

Economic profit is the difference between total revenue and the summation of explicit and implicit cost i.e Total revenue - (explicit cost + implicit cost).

Explicit cost is the normal accounting cost. The costs that are directly related to the production of goods e.g cost of sales, bad debt expense, depreciation etc.

Implicit cost is the cost of the action that was abadoned for the current action. The forgone action. For example, Mr A. has the option of doing business and chosing paid work. He decided to do business. The cost(salary) on the paid work is the implicit cost(opportunity cost)

5 0

3 years ago

The basic characteristic of the short run is that: Group of answer choices barriers to entry prevent new firms from entering the

stealth61 [152]

Answer: the firm does not have sufficient time to change the size of its plant the firm

Explanation:

In the short run a company is unable to change the size of its plant along with other fixed costs so the production capacity is limited. This is why in the short run, there is a limit to how much supply can increase in response to an increase in demand.

In the long run however, the company would have been able to increase its plant and its production capacity by extension as it would have had enough time to do so.

5 0

3 years ago