1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vichka [17]
3 years ago
15

UPS calculates that a driver will drive approximately 140 miles on an assigned route.​ However, recognizing that the driver may

have to make changes due to​ traffic, road​ construction, or​ detours, mileage will not be flagged for further investigation if it is not less than 120 miles nor more than 160 miles. This is an example of​ ________.
Business
1 answer:
madreJ [45]3 years ago
5 0

Answer:

the range of variation

Explanation:

Based on the scenario being described within the question it can be said that this is an example of the range of variation. This term refers to the difference between the smallest value in a data set and the largest value in that same data set. Such as in this case the smallest value is 120 miles and the largest value being 160 miles. This is one of the most common measures of variation.

You might be interested in
On December​ 31, Mercury Corporation has the following data​ available:
galben [10]

Answer:

37.25%

Explanation:

Average total common stockholders' equity:

= (Beginning common​ stockholders' equity + Ending common​ stockholders' equity) ÷ 2

= ($530,000 + $490,000) ÷ 2

= $510,000

Return on Equity = Net income ÷ Average total common stockholders' equity

                            = $190,000 ÷ $510,000

                            = 0.3725

                            = 37.25%

3 0
3 years ago
On January 1, 2021, Tru Fashions Corporation awarded restricted stock units (RSUs) representing 22 million of its $1 par common
Vikentia [17]

Answer:

1.$92.4million

2. January 1, 2021

No journal entry

3. December 31, 2021

December 31, 2022

Dr Compensation expense $30.8million

Cr Paid in capital -restricted stock $30.8million

4. December 31, 2022

Dr Compensation expense $30.8million

Cr Paid in capital -restricted stock $30.8million

5. December 31, 2023

Dr Compensation expense $30.8million

Cr Paid in capital -restricted stock $30.8million

6. December 31, 2023

Dr Paid in capital -restricted stock $92.4million

Cr Common stock $22 million

Cr Paid in capital-excess of par $70.4 million

Explanation:

1. Calculation to determine the total compensation cost pertaining to the RSUs

Total compensation cost =$4.20 fair value per share × 22 million shares represented by RSUs granted

Total compensation cost=$92.4million

Therefore the total compensation cost pertaining to the RSUs is $92.4million

2. Preparation of the appropriate journal entry to record the award of RSUs on January 1, 2021

January 1, 2021

No journal entry

3.Preparation of the appropriate journal entry to record compensation expense on December 31, 2021

December 31, 2021

Dr Compensation expense $30.8million

Cr Paid in capital -restricted stock $30.8million

($92.4million/3 years)

4. Preparation of the appropriate journal entry to record compensation expense on December 31, 2022

December 31, 2022

Dr Compensation expense $30.8million

Cr Paid in capital -restricted stock $30.8million

($92.4million/3 years)

5. Preparation of the appropriate journal entry to record compensation expense on December 31, 2023.

December 31, 2023

Dr Compensation expense $30.8million

Cr Paid in capital -restricted stock $30.8million

($92.4million/3 years)

6. Preparation of the appropriate journal entry to record the lifting of restrictions on the RSUs and issuing shares at December 31, 2023.

December 31, 2023

Dr Paid in capital -restricted stock $92.4million

Cr Common stock $22 million

Cr Paid in capital-excess of par $70.4 million

($92.4million-$22 million)

6 0
3 years ago
A textbook publisher produces a textbook for $25 per book and sells a lot of 160 to the Campus Bookstore for $50 per unit. The b
Dmitry_Shevchenko [17]

Answer:

$4,000

Explanation:

The net profit of the publisher over the useful life of the 160-unit lot of textbooks is the difference between his selling price to the bookstore and the cost incurred multiplied by the number of unit.

Hence the net profit of the publisher

= 160( $50 - $25)

= 160 * $25

= $4,000

8 0
3 years ago
Fruited Plain, Inc, agrees to sell high-quality grain seed to Grange Co-op. Because only half of the quantity ordered is availab
tatyana61 [14]

Answer:

A) attempt to cure the defect

Explanation:

In this scenario Grange Co-op is recieving high quality seed from Fruited Plain. Only half of the high quality seed is available, the other half is made up of lower quality seed that is half the price of the higher quality one.

Since time for performance is not yet expired the best option for Fruited Plain is to attempt to cure the defect in the lower quality seeds and make them high quality.

They also have a lower cost of half what would have been spent on the remaining seeds. This fund can be used to cure the defect in lower quality seeds

8 0
3 years ago
Read 2 more answers
The qualitative characteristics that make accounting information useful for deci sion-making purposes are as follows. Relevance
Korvikt [17]

Answer:

a) Comparability

b) Confirmatory Value

c) Comparability (Consistency)

d) Neutrality

e) Verifiability

f) Relevance

g) comparability, timeliness, verifiability, understand-ability

h) Materiality

i) faithful representation

j) Relevance, faithful representation

k) timeliness

Explanation:

Comparability provides for information to be comparable with businesses in same industry, or with its own past performances.

Confirmatory Value is the value that was initially expected and turns out to be the same as expected, as for example sales forecast.

Consistency refers to the value where same methods are applied in order to keep the reports consistent.

Neutrality refers to the quality of information where it does not depend on some particular situation and is not biased in any manner.

Verifiability refers to the information which is verifiable that means that can be checked again whether the presented information is correct or not.

Relevance refers to the quality of being important, whether at that particular time the information is relevant for the concerned argument.

Timeliness refers to the quality of  information that is prepared and presented at the concerned time. As for example the financial statements of the year 2010 shall be prepared by the end of 2010, additional time if any is allowed that shall be given but accounts  shall be prepared in the additional time allowed.

Understand ability refers to the quality of information that it shall be easily interpreted to the desired results and should be easy to understand.

Materiality refers to the quality of information that will make an impact, if the information do not make any impact it shall not be material.

Faithful representation refers to the quality that the information is true and not false in any intentional manner.

7 0
3 years ago
Other questions:
  • Debit cards are connected to funds in your bank account. True or False
    5·1 answer
  • An automobile rental company interested in learning and adapting to the needs of its customers is focusing on the business​ driv
    10·1 answer
  • Which of the following is not considered cash for financial reporting purposes?
    12·2 answers
  • All of the following statements are true of the soup industry EXCEPT: Select one: a. There is high growth in "convenience" soup
    6·1 answer
  • Stephanie orders office supplies every month. She is making a because she always bases the order on current inventory levels, wh
    8·1 answer
  • Which one of the following phrases best fits the productivity equation?
    11·2 answers
  • JRN Enterprises just announced that it plans to cut its dividend from $2.50 to $1.50 per share and use the extra funds to expand
    11·1 answer
  • Holding other factors constant, if bad weather destroys the annual crop for carrots, it causes the supply curve for carrots to
    5·1 answer
  • How does a weak currency give a country an unfair advantage in trade?.
    14·1 answer
  • In the product markets of the circular flow model, households provide __________ to the business sector in exchange for goods an
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!