Answer:
Leverage factor will be 1.344
Explanation:
We have given operating income = $29000
And variable expenses is 65 5 of the sales
And fixed expenses = $10000
So contribution margin = $29000+$10000 = $39000
We have to find the leverage factor
Leverage factor is given by
Leverage factor
So leverage factor will be 1.344
Answer:
The answer is C: 14300
Note: The actual answer is 14296, <em>and </em>the closest to that was option C.
Explanation:
Formula to calculate forecast using Exponential smoothing:
Where,
Data:
Putting <em>values in the formula:</em>
Answer:
The true statement is " The spread is from 1 to 6."
Explanation:
Consider the provide information.
First we will draw the dot plot as shown in the figure.
Now consider the options.
The data is not symmetric as for the symmetry the dots over 1 should be equal to the dots over 6. i.e 4.
Now find the center of the data by calculation the median of the data.
There are 16 dots in total which is an even number.
So, now we will find the average of the two middle values.
This will be the 8th and 9th value average for the given data set of 16 values.
Count from left to right the 8th and 9th values are both 4.
Hence, the center of the data is 4.
The second statement is false.
The peak of the data is at 6.
The third statement is false.
The spread is from 1 to 6 as we can see in the figure shown below.
Therefore, the true statement is " The spread is from 1 to 6."
