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Ne4ueva [31]
3 years ago
14

Which of the following items would be included on the capital expenditures budgeta. spending for adding a new product line.

Business
1 answer:
777dan777 [17]3 years ago
5 0

Answer:

A

Explanation:

Capital expenditures are a long-term investment. It is the purchase of assets with a useful life of at least one year

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Golf-course designers have become concerned that old courses are becoming obsolete since new technology has given golfers the ab
goldfiish [28.3K]

Complete Question:

Golf-course designers have become concerned that old courses are becoming obsolete since new technology has given golfers the ability to hit the ball so far. designers, therefore, have proposed that new golf courses need to be built expecting that the average golfer can hit the ball more than 230 yards on average. suppose a random sample of 152 golfers be chosen so that their mean driving distance is 229.9 yards. the population standard deviation is 41.4. use a 5% significance level.

Calculate the followings for a hypothesis test where H0:μ = 230 and H1:μ < 230 :

(a) The test statistic is _____

(b) The P-Value is _____

The final conclusion is:

Answer:

t - statistic = -0.02977977

p value = 0.488753

There is no sufficient evidence to warrant rejection of the claim that the mean driving distance is equal to 230

Explanation:

Number of samples(n) = 152

Significance level = 5%

sample standard deviation(s) = 41.4

sample Mean (x) = 229.9

H0:μ = 230 and H1:μ < 230

A.) The test statistic can be calculated using the formula;

t = (x - μ) ÷ (s/sqrt(n))

t = (229.9 - 230) ÷ (41.4/sqrt(152))

t = -0.1 ÷ 3.3579834174

t-statistic = -0.02977977

Using the p value calculator on the t-statistic value at a significance level of 0.05;

The p-value is 0.488753

With the p value sufficiently greater than 0.05, There is no sufficient evidence to warrant rejection of the claim that the mean driving distance is equal to 230

7 0
4 years ago
The Manda Panda Company uses the allowance method to account for bad debts. At the beginning of 2018, the allowance account had
amid [387]

Answer:

a. Does this situation describe a loss contingency? Explain.

Allowance for doubtful accounts are a loss contingency since they mar or may not happen, but the company has to account for them.

b. What is the bad debt expense that Manda Panda should report in its 2018 income statement?

total bad debt expense = total sales x 3% = $3,150,000 x 3% = $94,500

c. Prepare the appropriate journal entry to record the contingency.

Dr Bad debt expense 94,500

    Cr Allowance for doubtful accounts 94,500

d. What is the net realizable value (book value) Manda Panda should report in its 2018 balance sheet?

ending balance of accounts receivable = $537,500 - $94,500 = $443,000

5 0
3 years ago
Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by t
il63 [147K]

The correct answer is false.

It is false that Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by themselves drawing up plans or worrying about important decisions

Philip Kottler has been considered to be a guru in management and marketing. He has spent many hours, days, and tears studying management styles, functions, and leadership in a considerable number of organizations and has realized the most important characteristics of a top management leader and modern marketing techniques in corporations.

His reconditions, written in some important and renowned books have become a "must-have" guide for modern leaders in the corporate world.

4 0
3 years ago
A year​ ago, the IT team earned​ corporate-wide recognition for its performance. More​ recently, it has begun to experience some
SVETLANKA909090 [29]

Answer: reflexivity

                                       

Explanation: In simple words, reflexivity refers  to the ability of an individual to change its way of performing operations in its job as per the changing situations and needs.

Reflexivity helps an organisation to operate its business in constantly changing internal and external environment. At individual level it helps an employee to grow continuously as a reflexive individual will always be able to achieve their targets.

Hence from the above we can conclude that manager is trying to persuade his subordinates to be reflexive and adjust their purposes.

7 0
3 years ago
Pasternik Company produces and sells two products, Alpha and Zeta. The following information is available relating to its setup
ryzh [129]

Answer:

E) None of these answer choices is correct.

Explanation:

<u>Overhead bases on labor hours:</u>

250 units / 25 per batch:  10 batch

total overhead cost: $ 2,000 setup per batch x 10 batch= $ 20,000

20,000 overhead cost / 1,000 labor hours = 20 dollars per hour

1,000 labor hours / 250 units of output: 4 labor hours per unit

4 labor hours x $ 20 = $ 80

<u>Overhead based on activity:</u>

Setup cost: 2,000

units per batch: 25

$ 2,000 / 25 units = $ 80

6 0
3 years ago
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