Answer:
0.04
Explanation:
Number of books = 2 + 5 + 7 + 20 + 16
Number of books = 50
Specific occurrences in $25 to $35 class = 2
Total items = 50
Relative frequency = Specific occurrences / Total items
Relative frequency = 2/50
Relative frequency = 0.04
So, the relative class frequency for the $25 up to $35 class is 0.04.
Financial analysis is performed by a firm or an organisation in order to see how the company is performing compared to earlier periods of time and how the company's performance compares with other competitors in the industry. When conducting a financial analysis of a firm, financial analysts rely solely on accounting information. Accounting information data or information is all the data that support financial statements.
Answer:
January
Explanation:
The overtime wages should be expensed in January as in the month of february, wages will be accrued and it will be liablity for employer.
The overtime worked in month on january should be paid in january itself and overtime expense should be included in wages payable in the month of January. When wages are paid, the owner of the factory should debit the wages payable account and cash account should be credited as amount of casg paid to the employees. Wages are considered as operating expenses of factory.
Answer:
The correct answer is letter "D": straight line.
Explanation:
Utility represents the satisfaction a person receives from the use of a good or service. In case there is a risk-neutral decision-maker, that individual is unlikely to vary the value he or she provides to the use of products to remain in a comfort zone. However, the utility could vary according to satisfaction the good or service provides in different situations.
Thus, if plotted in a graph, <em>the value representing the horizontal axis and the utility the vertical axis, there will be a straight line departing from the horizontal axis parallel to the vertical axis.</em>
Answer:
a. marginal revenue is lower than it was previously.
Explanation:
- According to the Law of Supply states, when the price of a product or service increases, all other factors are equal, the quantity of products or services offered by the suppliers increases, and vice versa.
- In other words, if a good price goes up, suppliers will try to increase their profits by offering more goods.
- so correct option is a. marginal revenue is lower than it was previously.