If the researcher concludes that p value (p) = 0.05, then this is most likely indicates that the result of two test are statistically significant.
P value helps the researcher to test its hypothesis whether to reject or accept it. If the value of p<0.05, then the the researcher should reject the set hypothesis. Else, p>=0.05, then the hypothesis is acceptable.
Answer:
For firms, Rent Seeking usually involves: <u>restricting supply in order to increase price</u>
Explanation:
An example of rent-seeking in a modern economy is spending money on lobbying for government subsidies in order to be given wealth that has already been created, or to impose regulations on competitors, in order to increase market share.
A rent seeking firm have a greater incentive to engage in rent-seeking behavior when demand is elastic because the restriction imposed on competitors will not affect the demand for the goods.
Answer:
I prepared an excel spreadsheet because there is not enough space here.
C) total savings = previous materials costs - total cost per year after retrofitting - cost of retrofitting the molding machine = $137,105.10 - $102,168.00 - $22,112 = $12,825.10
Answer:
A) subtraction from net income under the operating activities section
Explanation:
Under the indirect method to determinate the cashflow from operating activities we reconcile the net income with the change in the net working capital.
The working capital is the current assets and current liabilities.
For this case, the account receivable account, increase to 48,000 from 45,000
This increase means, less sales were collected, so cash "outflow" as the cash from sale is not being converted into cash. It could also be understand as the company use 3,000 in financing their customers. This also is seeing as a decrease in cash flow.
