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Sholpan [36]
3 years ago
13

Imagine the following scenario: You have asked respondents to rate a certain product on the scale of 1 to 5. In the survey data

collected, you have some responses with rating value of 6. What would be the most appropriate action to take?
Business
1 answer:
lianna [129]3 years ago
5 0

Answer: eliminate the answer

Explanation:

In a series of multiple-choice questions ,when a respondent leave some check boxes without written answers next to them or answer incorrectly it could highlight the fact that they were not paying particular attention to their responses as a result the errors are eliminated

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Calculating Earnings per Share Little, Inc., reported earnings of $162,000 for 2013, and at the end of the year, had the followi
ehidna [41]

Answer:

(a) Basic earnings per share = $2.70 per share

(b) Diluted earnings per share = $2.38 per share

Explanation:

(a) Calculate the basic earnings per share for Little, Inc. for 2013. Round to two decimal places.

Basic earnings per share = Earnings / Number of shares of common stock .......... (1)

Where;

Earnings = $162,000

Number of shares of common stock = 60,000

Substituting the values into equation (1), we have:

Basic earnings per share = $162,000 / 60,000 = $2.70 per share

(b) Calculate the diluted earnings per share for Little, Inc. for 2013. Round to two decimal places.

Diluted earnings per share = Earnings / (Number of shares of common stock +  Number of common shares for employee stock options) ............ (2)

Where;

Earnings = $162,000

Number of shares of common stock = 60,000

Number of common shares for employee stock options = 8,000

Substituting the values into equation (2), we have:

Diluted earnings per share = $162,000 / (60,000 + 8,000) = $162,000 / 68,000 = $2.38 per share

5 0
3 years ago
Read 2 more answers
What's the benefits of any Financial investments company ?
scZoUnD [109]

Answer:

economies of scale

Explanation:

When you buy shares you have to pay dealing costs and admin fees, which can eat away at the value of your investment. In an investment company, all the investors pool their money and split the admin costs. You can end up paying much less.

5 0
3 years ago
A company purchased a weaving machine for $264,970. The machine has a useful life of 8 years and a residual value of $14,500. It
Nutka1998 [239]

Answer:

$37,455

Explanation:

The unit of production method of depreciation charges higher amounts of depreciation seasons of higher output.  The depreciation amount is propositional to the level of production.

The formula applicable in the calculation of the unit of depreciation is as follows.

Depreciation = depreciable value / estimated production value x units produced

For this machine: depreciable value = Asset cost - residual value

Depreciable value =$264,970- $14500 = $250, 470

Estimated units to be produced = 759,000 bolts

Units produced in the second year =113,500

Depreciation for the second year

=  250, 470/ 759,000 x 113,500

=0.33 x 113, 500

= $37,455

6 0
4 years ago
On January 1, 2017, the City of Graf pays $68,000 for a work of art to display in the local library. The city will take appropri
mariarad [96]

Answer: The answer has been attached below

Explanation:

Financial statements are the formal records of financial activities and position of an individual, a business, or other entity. The relevant financial information is typically presented in a structured manner and in an understandable form.

Financial statements can include balance sheet, income statement, statement of cash flows, the notes to accounts and statement of changes in equity.

The solution to the question is attached.

6 0
3 years ago
Suppose recent regulatory reforms relating to credit rating agencies are perceived to improve the reliability and accuracy of cr
damaskus [11]

Answer:

If the new reforms bring increase confidence of the investors then the company will have to incur lower borrowing costs as the investor will be available and vice versa.

Explanation:

Suppose that previously our company's credit rating was overrated. Due to recent regulatory reforms, my company achieved a lower credit rating and hence the investor confidence in our company dropped significantly. Now the investor is not interested to invest in my company and to urge them to invest in the company, they will be offered higher interest. If the reforms are going to impact our credit rating adversely then the borrowing cost will increase and vice versa.

Furthermore, Core Principle 3 says that the decsion making of the investor is based on the information that is readily available to him. This means if the reforms increase the access of the borrower through improved credit rating then it will be favourable for the company in terms of lower borrowing costs. If the reforms decrease the access of the borrower through depreciating credit rating then it will adversely affect the company in terms of lower borrowing costs and lower investment access.

5 0
3 years ago
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