Answer:
Being in a dependable position and designated with such high obligation, it is my obligation to play out my work as well as could be expected. I have done practically all that is required to do this task in the best and financially savvy way. Keeping all the variables in see and duly applying responsibility I have turned out with the end that it will cost $2,000,000.
I accept the expense to be sensible keeping in see the quality, so the Company's generosity stays unblemished. The venture could have been done at a lower cost yet we need to bargain with the quality.
The organization being a main one in the business and having great name for it's excellent work, I would better go with great quality as opposed to a high net revenue.
Answer:
A demand chart is a graph which shows the relationship between the quantity demanded of a good or product and the prices which the consumer are willing to pay over a specified period of time. It reveals the law of demand which states that quantity demanded increase as price decreases and vice versa.
<span>This command resets the Winsock catalog to the default configuration. This can be useful if a malformed LSP is installed that results in loss of network connectivity. While use of this command can restore network connectivity, it should be used with care because any previously-installed LSPs will need to be re-installed. </span>
Answer:
At the end of March, Paul’s Painting hired five temporary employees to work on a project that began on April 5 and ended on April 28. Paul’s received 100% of the total payment for the project on May 3. In this situation, both cash basis accounting and GAAP require that Paul’s recognize the employees’ total salary expense in April.
Explanation:
A collection of accounting rules and standards usually followed, for financial reporting is known as GAAP (generally accepted accounting principles) .
For businesses, GAAP needs accrual accounting.
Accrual accounting operates on the basis of matching both revenue and expenses. Revenues and the related expenses occur concurrently, though the cash transaction concerning thereto might happen in some other period.
In the situation given in the question, the revenue from the project is earned in April, subsequently, the salary expense related to that work should also be recognized in the same period due to an accrual basis.
Answer:
a. 2.13. b. (30.53, 34.79). c. The mean prices for two in mid-range restaurants in Hong Kong are relatively less than those in Tokyo restaurants.
Explanation:
The size of the sample is 42 and the mean of the sample is ∑
= 32.66 and the standard deviation of the sample (σ) is √[∑(
-μ)^2 - 1] = √46.6092 = 6.8271
a. α = 1 - (95/100) = 0.05; α/2 = 0.025; the degree of freedom = n-1 = 42-1 = 41; tα/2 = t0.025 = 2.02. Thus, the error margin = (tα/2)*(σ/√n) = 2.02*(6.83/√42) = 2.1279
b. Lower level limit = 32.66 - 2.1279 = 30.5321; Upper level limit = 32.66+2.1279 = 34.7879. The interval estimate = (mean± margin of error) = (30.53, 34.79).
c. The mean prices for two in mid-range restaurants in Hong Kong are relatively less than those in Tokyo restaurants.
