The sales era was 1920s-1940s
Answer:
a) ME= 1.93
b) confidence interval= (19.59,23.45)
Explanation:
a) Sample of customers is 64, population standard deviation is 6 and confidence level is 99%
Sample mean= 21.52
Sample size= 64
Confidence level= 99%
Population standard deviation= 6
Standard error of the mean= 0.75
Z-value= -2.5758 (From Z table)
Interval half width= 1.9319
Margin of error at 99% confidence interval is 1.93 from the output.
b) Confidence interval
Interval upper limit= 19.59
Interval lower limit= 23.45
99% confidence interval is (19.59, 23.45) from the output.
ME= 
= 1.93
The leadership plans that must be included to achieve a solid business strategy are options A, C, and D. Option A is to increase sales; Option C is to attract new customers; and Option D is to reduce costs.
<h3>
What is a business strategy?</h3>
An outline that is drawn by keeping in mind the set of goals, plans, or actions that are to be achieved by the company for a successful business in the market with the same kind of product or service is known as a business strategy.
In simple words, to make the growth of business continuous and to maintain the position of business or to grow it, a systematic plan is made on which all the employees of the firm work. This plan is known as a business strategy.
Therefore, 3 goals or objectives that a leadership plan might include to achieve a solid business strategy are option A: increasing sales power, Option C is to attract new customers, while Option D is to reduce costs.
Learn more about business strategy from here:
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Answer:
Amount paid to record is $58,900
Explanation:
In this question, we are asked to state the Journal entry as of March 1.
Please check attachment for tabular explanation
Kindly note that 360 is used as the number of days in a year
Answer:
d. The present value of perpetuity varies directly with the annual repayments.
Explanation:
A perpetuity is a security or bond which pays a fixed amount of cash flow at a fixed interval forever. So the amount it pays stays the same and it keeps paying for ever. The formula to find the present value of a perpetuity is
Cash flow of perpetuity/Interest Rate
So if the annual payment is 100 and the interest rate is 5% the present value of the annuity is
100/0.05=2,000
If we keep the interest rate the same at 5% and increase the cash flow by 100 to 200 the new present value of the perpetuity is
200/0.05=4,000
This proves that the present value of a perpetuity varies directly with the annual repayments or cash flow of perpetuity.
