1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xenn [34]
3 years ago
11

A company is investigating the relationship between the number of paper clips it purchases (x) and its net income (y). A sharp q

uant methods analyst obtained a least squares regression line from available data, y= $106,729 - 0.8x. If x = 3000 paper clips are planned to be purchased next month. Predict next month's net income.
Business
1 answer:
Ede4ka [16]3 years ago
3 0

Answer:

$104,329

Explanation:

Given that,

Least squares regression line from available data:

y = $106,729 - 0.8x

where,

y = Net income

x = Number of paper clips it purchases

If x = 3,000 paper clips are planned to be purchased next month then the next month's net income is calculated as follows:

= $106,729 - 0.8x

= $106,729 - (0.8 × 3,000)

= $106,729 - $2,400

= $104,329

You might be interested in
Elinore is asked to invest $ 4 comma 900 in a​ friend's business with the promise that the friend will repay $ 5 comma 390 in on
Mandarinka [93]

Answer:

0.09 or 9%

Explanation:

This question has some irregularities. The correct question should be :

Elinore is asked to invest $4,900 in a​ friend's business with the promise that the friend will repay $5,390 in one​ year's time. Elinore finds her best alternative to this​ investment, with similar​ risk, is one that will pay her $ 5,341 in one​ year's time. U.S. securities of similar term offer a rate of return of 7​%. What is the opportunity cost of capital in this​ case?

Solution

Given from the question

Investment (I) = $4,900

Return on investment (ROI) in one year = $5,341

Rate or opportunity cost of capital r is given by

ROI = I × (1 + r)

input the given data

$5,341 = $4,900 (1 + r)

$5,341 = $4,900 + $4,900r

$5,341 - $4,900 = $4,900r

r = ($5,341 - $4,900) / $4,900

r = 0.09

Or 9% in percentage

6 0
3 years ago
A magazine publisher collects one year in advance for subscription revenue. In the year of providing the magazines to customers,
photoshop1234 [79]

Answer:

The correct answer is letter "B": A decrease in a deferred tax asset.

Explanation:

A Deferred Tax Asset is an asset on a balance sheet of a business that can be used to lower taxable income. It is the opposite of deferred tax liability that reflects something that will increase income taxes. Both are listed under current assets on the Balance Sheet.

The deferred tax asset will be generated when recorded income taxes owed are higher than the income taxes paid to the Government.

Thus, <em>a decrease in deferred tax is recorded when a company has collected revenue in advance for a good not delivered or a service not rendered yet.</em>

5 0
3 years ago
More free points here u go
Dovator [93]

Answer:

khsusbxndkskxcndkzkzkeond

7 0
3 years ago
Read 2 more answers
Rugrat Company has the following information for the current year: Beginning fixed manufacturing overhead in inventory $190,000
inessss [21]

Answer:

$140,000

Explanation:

The  difference between operating incomes under absorption costing and variable costing based on fixed expenses is shown below:

Variable costing:

Fixed manufacturing overhead in production $750,000

Absorption costing:

The Fixed cost would be

= Beginning fixed manufacturing overhead in inventory + Fixed manufacturing overhead in production - Ending fixed manufacturing overhead in inventory

= $190,000 + $750,000 - $50,000

= $890,000

So, the difference would be

= $890,000 - $750,000

= $140,000

8 0
3 years ago
Think of a time when you were leading a group project. What kinds of problems emerged? How did you hanlde them? How might those
Oksi-84 [34.3K]

When leading a group project the most rising problem is deadlines and team coordination this can be handled by effective communication.

<h3>What is a group?</h3>

A group is referred to as a collection of people who come together to form a relationship or connection with each other. These groups mainly form to perform collaborative activities to achive something.

Working in a group was quite difficult as every individual have own perspective which causes differences of opinion and disagreement within the group.

This agreement can be solved by building effective communication and better relationships with group members in order to achieve the goal.

This will be helpful in the Restaurant business by dealing with customers and timely delivery of the demanded dish or service to them.

Learn more about communication, here:

brainly.com/question/22558440

#SPJ1

6 0
1 year ago
Other questions:
  • Selected data from a February payroll register for Coronado Company are presented below. Some amounts are intentionally omitted.
    7·1 answer
  • todd, a sales representative, is facing the challenge stressor of trying to close a sale on a major account. during the meeting
    6·1 answer
  • What problems should you be prepared for when entering a parkway
    9·1 answer
  • The purpose of advertising is _____. to convince consumers that they can benefit from a product or service to entertain consumer
    7·1 answer
  • Channel members should be evaluated using all of the following criteria EXCEPT which one? A) economic factorsB) control issuesC)
    13·1 answer
  • California has an average rainfall of 3 inches for the month of January. This year California had over 12 inches, which is equiv
    11·1 answer
  • Your credit card history is tracked by all of the following except:
    12·1 answer
  • Suppose you will receive a payment of $300 one year from now. True or False: If during the year the interest rate rises, this in
    14·1 answer
  • 5 Disadvantage of sole proprietorship?
    11·1 answer
  • andrea was physically present in the united states for 150 days in 2023, 120 days in 2022, and 90 days in 2021. under the substa
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!