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3 years ago

QUESTION 2

Business

1 answer:

solong [7]3 years ago

8 0

Answer:

C. What is the relationship between salary, measured in dollars, and age, measured in years?

Explanation:

Qualitative descriptive statistic will provide an enhanced presentation toward a certain occurrence, but the data is not measured by numbers.

When you see option A, frequencies and percentage is measured by numbers. So we can cross this out.

In option D, means and standard deviations is also measured in numbers.

This only leave us with option C.

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________ is the ability of a country to produce a specific good at a lower opportunity cost than its trading partners.

Maslowich

Comparative advantage

3 0

3 years ago

It costs $49 to get basic roadside help from Urgent.ly and Honk versus the typical $200 charged by AAA. If tow-truck operators w

Butoxors [25]

Answer:

work as contractors and must add Urgent.ly and Honk to their insurance policies.

Explanation:

Both Urgent.ly and Honk are apps that help drivers get roadside assistance if they lack roadside coverage either from their insurance company or the car's warranty. Honk also provides features that allow you to pay for parking fees.

Both companies work similarly to Uber or Lyft, since they do not own the tow trucks. The tow trucks are owned and operated by associates that join them.

8 0

3 years ago

A book on how to invest in collectibles spends several weeks on best seller lists. The paperback book was originally released fo

miskamm [114]

Answer:

inelastic demand

Explanation:

Price elasticity of demand (PED) measures the proportional change in quantity demanded when the price of a product or service changes:

when a 1% decrease in price, increases quantity demanded in a smaller proportion, the PED is said to be inelastic.
when a 1% decrease in price, increases quantity demanded in a larger proportion, the PED is said to be elastic.
when a 1% decrease in price, increases quantity demanded in the same proportion, the PED is said to be unit elastic.

In this case, the decrease in price (-2%) barely increased the quantity demanded, therefore, the PED is inelastic.

4 0

3 years ago

Following are Nintendo’s revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions). (Enter answers in

Gnom [1K]

Answer:

Dr. Net Sales ¥ 1,888,622

Cr. Income Summary ¥ 1,888,622

Dr. Income Summary ¥1,770,833

Cr. Cost of sales ¥ 1,254,981

Cr. Advertising expense ¥ 118,308

Cr. Other expense ¥ 397,544

Explanation:

Closing Entries are passed to close the temporary accounts of a business for the year. These accounts are closed and their balances are transferred to income summary account.

First we will close the the revenue / income accounts and then expenses or cost accounts.

4 0

3 years ago

Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi

Alla [95]

Answer:

Check Explanation.

Explanation:

Note that the amount are in millions(dollar).

Year one: the sales of Mini Mochi Munch = $ 8.8 million = 8.8, sales of other products = $ 1.7 million. Hence, the gross profit = (8.8 × 38%) + (8.8 × 23%) = 5.368.

The selling, general and administrative expenses = 4.9 and the depreciation is zero.

Then, the EBIT = the gross profit -selling, general and administrative expenses - Depreciation.

EBIT = 5.368 - 4.9 - 0 = 0.468.

Less income tax at 38% = 0.17784.

incremental earnings= EBIT - Less income tax at 38%.

incremental earnings = 0.468 - 0.17784.

Year two: the sales of Mini Mochi Munch = $ 6.8 million = 6.8, sales of other products = $ 1.7 million. Hence, the gross profit = (6.8 × 38%) + (6.8 × 23%) = 4.148.

The selling, general and administrative expenses = 0, and the depreciation is zero(0).

Then, the EBIT = the gross profit -selling, general and administrative expenses - Depreciation.

EBIT = 4.148 - 4.9 - 0 = −0.752.

Less income tax at 38% = −0.28576.

incremental earnings= EBIT - Less income tax at 38%.

incremental earnings = −0.752 - −0.28576 = −1.03776.

3 0

3 years ago