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3 years ago

9

Janice has car insurance that she must pay four times a year. If each payment is $156, how much money should she set aside each

month to cover her car insurance?

1 answer:

Lunna [17]3 years ago

3 0

Answer:

Cheap Florida Auto Insurance. Low Rates from $53.99 / Month!

Explanation:

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LO 2.1Which of the following represents the components of the income statement for a manufacturing business?

Gennadij [26K]

Answer:

Sales Revenue â€“ Cost of Goods Sold = gross profit

Explanation:

In order to determine the income statement components, the following component is shown

Gross profit = Sales revenue - the cost of goods sold

where,

Sales revenue represents the sales of the business organization

And, the cost of goods sold would be

= Opening inventory + Purchase - ending inventory

By deducting the cost of goods sold from the sales revenue the gross profit can arrive

6 0

3 years ago

The admissions director at big city university proposed using the iq scores of current students as a marketing tool. the univers

Vika [28.1K]

The complete question is as follows:

The admission directory of Big City University has a novel idea. He proposed using the IQ scores of current students as a marketing tool. The university agrees to provide him with enough money to administer IQ tests to 50 students. So the director gives the IQ test to an SRS of 50 of the university’s 5000 freshman. The mean IQ score for the sample is xbar=112. The IQ test he administered is known to have a σ of 15. What is the 95% Confidence Interval about the mean? What can the director say about the mean score of the population of all 5000 freshman?

Answer: The 95% confidence interval about the mean is $Confidence interval = 107.84 \leq \mu \leq 116.16$ .

The director can say that he is 95% confident that the mean IQ score of the 5000 freshmen lies between 107.84 and 116.16.

We follow these steps to arrive at the answer:

Since the population standard deviation of the IQ test is known, we can use the Z scores to find the confidence interval.

The formula for the confidence interval about the mean is:

$Confidence interval = \overline{X}\pm Z*\frac{\sigma}{\sqrt{n}}$

In the equation above, X bar is known as the point estimate and the second term is known as Margin of Error.

The Critical Value of Z at the 95% confidence level is 1.96.

Substituting the values in the question in the equation above we have,

$Confidence interval = \112\pm 1.96*\frac{15}{\sqrt{50}}$

$Confidence interval = \112\pm 4.157787873}$

$Confidence interval = 107.8422121 \leq \mu \leq 116.1577879$

5 0

3 years ago

The typical family on the Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In 2016, pizzas cost $10 eac

jasenka [17]

Answer:

increase in cost of living of 9.09%

Explanation:

The cost of living for 2016 is goven as

(10 pizzas*$10) + (7 jeans * $40)+ (20 gallons of milk * $3)

= 100 + 280 + 60= $440

The cost of living from 2017 is

(10 pizzas*$14) + (7 jeans * $40)+ (20 gallons of milk * $3)

= 140 + 280 + 60

= $480

The percentage increase in cost of living between 2016 and 2017= (Cost of living in 2017/cost of living in 2016)* 100

= {480/440}* 100

= 109.09%

So there was a increase in cost of living of 9.09%

8 0

3 years ago

A benefit of using GDP per capita instead of GDP is that GDP: takes into account the size of the population when measuring the v

sweet [91]

Answer:

It takes population size into account when measuring the value of goods and services.

Explanation:

GDP per capita is gross domestic product divided by the total population of a given economy. Thus, unlike the GDP-only measure, which measures the absolute value of domestic production, per capita GDP assesses how much a country's economy is growing per individual, that is, it shows the evolution of production per person.

7 0

3 years ago

Here are the comparative income statements of Ayayai Corp..

Georgia [21]

Answer:

Ayayai Corp.

Horizontal Analysis:

2020 Increase 2019

Net sales $632,600 $110,700 21.2% $521,900

Cost of goods sold 463,600 53,200 13.0% 410,400

Gross Profit 169,000 57,500 51.6% 111,500

Operating expenses 79,300 32,100 68.0% 47,200

Net income $ 89,700 25,400 39.5% $64,300

Explanation:

a) Data and Calculations:

AYAYAI CORP.

Comparative Income Statement For the Years Ended December 31

2020 2019

Net sales $632,600 $521,900

Cost of goods sold 463,600 410,400

Gross Profit 169,000 111,500

Operating expenses 79,300 47,200

Net income $ 89,700 $64,300

Percentage increase or decrease = (Increase/Decrease)/Base Year's Value

3 0

2 years ago