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Yuki888 [10]
3 years ago
13

In an initial survey designed to estimate the percentage of time air-express cargo loaders are idle, an analyst found that loade

rs were idle in 6 of the 45 observations.
a.What is the estimated percentage of idle time?
Business
1 answer:
vlabodo [156]3 years ago
4 0

Answer:

13.3%

Explanation:

The time in which the employee are free or not working due to halt in operation or a process. The employee are ready for work in this time and waiting for operation to start.

According to the given data

Total observations = 45 observations

Number of observation that found loader idle = 6 observations

Percentage of idle time is the ratio of number of times labor found idle to total numbers of observations.

Estimated percentage of idle time = (6 / 45) x 100

Estimated percentage of idle time = 13.3%

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Samson Corporation sold the following during the year: Two delivery trucks purchased in March 2016 for $78,000 are sold in June
Marta_Voda [28]

Answer:

Truck = Short term capital loss of $8,000

Land = Long term capital gain of $320,000

Machine = Long term capital loss of $125,000

Building = Long term capital gain of $125,000

Net effect Long term capital gain of $125,000

And Short Term Capital Loss of $8,000

Explanation:

As for the provided information we have,

Sale of Trucks within a few months, as purchased in March and sold in June, therefore,

Sale price - Carrying value = $70,000 - $78,000 = -$8,000

Therefore, it is short term capital loss

Sale of land which is 5 years old, therefore, it will be long term.

Sales price - Carrying value = $400,000 - $80,000 = $320,000

Long term capital gain = $320,000

Machines are old and now depreciated, thus it will be long term

Sale price - carrying value = $75,000 - $200,000 = - $125,000 Long term capital loss

Building purchased 8 years ago will be long term in nature, therefore,

Sale price - carrying adjusted basis = $425,000 - $300,000 = $125,000 Long term capital gain.

Final Answer

Truck = Short term capital loss of $8,000

Land = Long term capital gain of $320,000

Machine = Long term capital loss of $125,000

Building = Long term capital gain of $125,000

Net effect Long term capital gain of $125,000

And Short Term Capital Loss of $8,000

7 0
3 years ago
Assume that you are the sales manager of a soap-manufacturing company. Your supervisor has asked you to present the sales data o
posledela

Answer:

I'm sorry dude I literally have no idea.

Explanation:

5 0
3 years ago
The deadweight loss caused by a profit-maximizing monopoly amounts to:_________
Semmy [17]

Answer: $225

Explanation:

Deadweight loss is caused by inefficient allocation of the resources or when both the supply and the demand for a product aren't in equilibrium.

The deadweight loss will be calculated as:

= 1/2 base × height

= 1/2 × 15 × 30

= $225

4 0
2 years ago
If the closing costs were 5% of the loan amount, how much was the loan amount?
scoray [572]
B) $70,880..........................
5 0
3 years ago
Orlin purchases a refrigerator, on credit, from a door to door salesman. Orlin only has a 5th grade education, and the terms of
mote1985 [20]

Answer: the doctrine of unconscionability

Explanation:

The doctrine of unconscionability is a defense that is against enforcing a contract. From the question, we are informed that Orlin bought a refrigerator, on credit, from a salesman and the salesman want him to pay 10 times the worth of the refrigerator.

In this scenario, the contract is deemed to be unfair and also oppressive to Orlin, thus he a find it unconscionable and therefore he can refuse to enforce it. Therefore, if he wants to challenge the contract’s terms, the doctrine of unconscionability will be used.

6 0
3 years ago
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