Answer & Explanation:
The null hypothesis (H0) is what the study is trying to reject, is what the study wants to disprove. In this case, the financial administrator believes that the average cost of tuition and room is greater than $8,500. Then, he wants to statistically disprove that the average cost per term is equal to $8,500.
H0: average cost = $8,500
H0:μ=$8,500
The alternative hypothesis (H1) is the opposite, is what the financial administrator wants to prove: the average cost per term is greater than $8,500.
H1: average cost > $8,500
H1:μ>$8,500
Answer:
introductory stage of product life cycle
Explanation:
Introductory stage of product life cycle -
It is refers to as the very first stage in the life cycle of the product , in this very stage the goods or services are completely new in the market and the sale is hence very slow , is referred to as the introductory stage of product life cycle .
It is a very crucial stage for the product in order to publicize the product in order to increase the sale of the product to earn profit .
Hence , from the given scenario of the question ,
The correct answer is introductory stage of product life cycle .
Answer:
-$5,873
Explanation:
For computation of maximum one month loss in dollars first we need to find out the net exposure and maximum one month loss in percentage which is shown below:-
Net exposure = Received amount - Paid amount
= €200,000 - €50,000
= €150,000
Maximum one - month loss in Percentage = Next month percentage - (Alpha × Euro percentage)
= 2% - (1.96 × 2.5%)
= -2.9%
Maximum one - month loss in Dollars = Net exposure × Current spot rate of the euro × Maximum one - month loss in Percentage
= €150,000 × $1.35 × (-0.029)
= -$5,873
Budgeting period is an allocation of time to plan for your money and how or where it's gonna be used. There are two types of budgeting period: Short term and Long term.
Short-term Budgeting period
This budgeting period covers from 6 months to a year, depending on the nature of the business. For seasonal businesses, it should cover at least one seasonal cycle. For wholesale and retail businesses, 6 month is enough.
Long-term Budgeting Period
This covers more than a year of operating. It focuses on the futuristic performance of a business or company. Factors used are market trends, economic growth, inflation rates and industrial production. These factors help foresee profit or problems that may arise. Consequently, this will also help you in your present decisions.
Answer:
Estimating un-collectible accounts expense improves the matching of revenues and expenses.
Explanation:
When uncollectibles are recorded through allowance method then, bad debts expense is provided, which reduces net income. But at the time of writing off only the allowance and accounts receivables account is affected and not the net income.
When direct method is used then also the net income gets reduced, as bad debt expense and accounts receivables is affected.
And as provided in first para, when estimating and creating the allowance for bad debts, it affects net income, and it also represents the true and fair view of expenses and income.
Thus, statement c is correct.
