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3 years ago

What is the importance of the variation in statistics?

Business

1 answer:

DanielleElmas [232]3 years ago

8 0

It is a measure of statistical dispersion. Variance also describes the way numbers fluctuate around the mean.

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<11{6[1(07)71]}> The higher the price of an antique, the greater people’s expectation that the object is rare. That, in tu

ollegr [7]

Answer:

a. should be discouraged because it lessens a quality that makes that antique desirable

Explanation:

In pricing theory, the price for a good or service should increase as its scarcity increases. Now selling the antique at a bargain price will reduce the price of it and thereby making it less scarce and rare.

8 0

3 years ago

Simko Company issued $750,000, 8-year, 6 percent bonds on January 1, 2018. The bonds were issued for $710,000. Interest is payab

11Alexandr11 [23.1K]

Answer:

Bond issuance:

Dr cash $710,000

Dr discount on bonds payable $40,000

Cr bonds payable $750,000

The payment of interest on December 31, 2018:

Dr interest expense $50,000

Cr discount on bonds payable $5000

Cr cash $45,000

Explanation:

The bonds were issued at a discount to their face value, as a result, the discount on bonds payable is computed thus:

discount on bonds payable=$750,000-$710,000=$40,000

Bonds payable would be credited with $750,000 while cash and discount on bonds payable would be debited with $710,000 and $40,000 respectively

annual discount amortization=$40,000/8=$5000

annual coupon=$750,000*6%=$45000

6 0

3 years ago

Evaluate<br>2a + 4b<br>or a = -2 and b = 3

Rama09 [41]

Answer:

Explanation:

2a + 4b

for a = -2 and b = 3

Substitute -2 in for "a" and 3 in for "b"

2*(-2) + 4*(3)

2*-2 = -4 and 4*3 = 12

-4 + 12 = 8

Ans: 8

4 0

2 years ago

Read 2 more answers

Accounts receivable, equipment, the building itself, and the land on which the building stands are examples of:

emmainna [20.7K]

Answer: Assets

Explanation:

Assets are something that a business owns that is able to bring in money or is a store of value.

All the above mentioned items are considered assets as they fit this description.

Accounts receivable is a current asset which means it has a duration of a period or less.

Equipment, building and land are all fixed assets as they have a duration of more than one period.

8 0

3 years ago

Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manuf

Firdavs [7]

Answer:

The machine should be leased because it is cheaper when compared to buying the machine.

Explanation:

To determine which option kiddy should choose , we are to calculate the net present value of buying the machine and the present value of payments thay kiddy would make if they lease the equipment.

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

Cash flow in year 0 = $-161,000

Cash flow each year from year 1 to 11 = $-6,000

Cash flow in year 12 = $-6,000 + $11,000 = $5,000

I = 11%

NPV = $-196,809.89

Present value of lease payment

Cash flow each year from year 1 to 11 = $-26,000

I = 11%

PV = $-161,369.40

The machine should be leased because it is cheaper when compared to buying the machine.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

Present value can be calculated using the same steps as above

I hope my answer helps you

8 0

3 years ago