Leon is best described as late majority, who are usually influenced by group norms. You can see that here as well - he didn't plan on buying that product, but he was influenced by the group of people around him, his friends, who have all bought it and recommend it to Leon to buy as well. He is "late" because he didn't purchase it immediately, but belongs to the majority, because most people will buy the product nevertheless.
Answer:
A. 1 and 4 are true
Explanation:
Statement 1: When inflation goes up the market prices of goods increase and reduces buying power of customer. So, if you get $100 even after 5% inflation, you would get $95 worth good.
Statement 2: It is commonly known as, the higher the risk the higher the gain. So, risk premium and risk exhibited by security is directly related with each other.
Statement 3: Since, risk free rate is the compensation for time value of money, that is why it can’t make real risk-free rate negative because real risk rate is there, but inflation can go higher than risk free rate.
Statement 4: Maturity payment is paid to investors or savers after certain period of time along with principal amount.
Hence, A. 1 and 4 are true
Answer a) The letter b is best described as the estimate of the cost for an additional customer visit.
Answer b) The letter y is best described as the observed store cost for a given month.
Answer c) The letter x is best described as observed customer visit for a given month.
Answer d) The estimated cost for 370 customer visits is
Y = a + bx
a =$ 687.65 b = $ 7.59 x = 370 customer visits
Y = $ 687.65 + ($ 7.59 * 370 customer visit) = $ 687.65 + $ 2,808.3 = $ 3,495.95
Answer e) The percent of total variance that can be explained by regression equation is R2 = 0.79754 or 79.754%
Answer:
They work within the company that allows them to do so. Vs. others that don't.
Explanation:
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Answer:
$34,645
Explanation:
Given that,
sales = $318,400
costs = $199,400
depreciation expense = $28,600
interest expense = $1,100
Tax rate = 35 percent
Dividends paid = $23,400
Profit before tax:
= Sales - cost - Depreciation - Interest
= $318,400 - $199,400 - $28,600 - $1,100
= $89,300
Profit after tax:
= Profit before tax (1 - Tax rate)
= $89,300 (1 - 0.35)
= $89,300 × 0.65
= $58,045
Therefore, the addition to retained earnings
= Profit after tax - Dividend paid
= $58,045 - $23,400
= $34,645
