Complete question:
Lovely lawns, inc., intends to use sales of lawn fertilizer to predict lawn mower sales. the store manager estimates a probable six-week lag between fertilizer sales and mower sales. the pertinent data are:
Period Fertilizer Sales (tons) Number of Mowers Sold (six-week lag)
1 1.4 9
2 1 7
3 1.5 10
4 1.8 12
5 2.1 13
6 1.5 7
7 1.3 5
8 1.2 5
9 1.6 8
10 1.3 7
11 1.6 11
12 1.3 9
13 1.4 10
14 1.8 12
a. Graph these data to see whether a linear equation might describe the relationship between fertilizer and mowers.
b. Obtain a linear regression line for the data
c. Predict expected lawn mower sales for Period 15, given fertilizer sales six weeks earlier of 2.3 tons.
Solution:
a. Find the attachment for graph
b.
Fertilizer Mowers
x y
1.4 9 1.96 81 12.6
1 7 1 49 7
1.5 10 2.25 100 15
1.8 12 3.24 144 21.6
2.1 13 4.4 116 27.3
1.5 7 2.25 49 10.5
1.35 5 1.69 25 6.5
1.2 5 1.44 25 6
1.6 8 2.56 64 12.8
1.3 7 1.69 49 9.1
1.6 11 2.56 121 17.6
1.3 9 1.69 81 11.7
1.4 10 1.96 100 14
1.8 12 3.24 144 21.6
Σ =20.8 125 31.94 1201 193.3
x = 1.486
y = 8.929
EXY- nXY 193.3- (149.486 -1.486)
Calculated using the formula b =9 = 31 .94 - (14 *1. 486 *1 A86 ) =7.31405
X2 - 7.31405
Calculated using Excel a =Y - bX = 8.929 - 7.31405 *1.486 = -1.938017
Y = a + bx = -1.93802 + 7.31405x
c. Using the formula
Y = a + bx = -1.58678 + 7.033058x
= 14.8843
Using Excel's Forecast
Forecast - 14.58926
business objectives with employees and management in designated business units. The position serves as a consultant to management on human resource-related issues.
Answer:
True - Job analysis
Explanation:
It is about investigating the work to be offered. The objective is to know the necessary skills for a good performance of said position and to establish all the necessary criteria to select the appropriate professional.
Obviously, job analysis is the base point of all Human Resources. By describing the position you can make a job offer. But the company can also make career plans and a complete organization chart. In addition, it allows knowing the deficiencies of a worker and the requirements of his training.
In short, job analysis is everything for a company's Human Resources.
Answer:
d. $52,100
Explanation:
Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.
These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $46,300
Adjustment made:
Add: Decrease in accounts receivable $2,200 ($23,800 - $21,600)
Add: Increase in accounts payable $3,600 ($24,500 - $28,100)
Total of Adjustments $5,800
Net Cash flow from Operating activities $52,100
Answer:
9.24 yr
Explanation:
The payback period refers to the amount of time it takes to recover the cost of an investment. In order to find a payback period we need to go through some calculations first
Annual savings = 5 MM Btu/hr x 8,000 hr/yr x $4/MM Btu x 14 MM Btu/hr x 8,000 hr/yr x $7/MMBtu
Annual savings = $0.944 MM/yr
TCI =
TCI = $4.7 MM
Depreciation - Annualized fixed cost =
Depreciation - Annualized fixed cost = $0.4 MM/yr
Total cost annualized = Annualized fixed cost + Annual operating cost
Total cost annualized = 0.4 + 0.5
Total cost annualized= 0.9 MM/yr
Annual net (after-tax) profit = Annual income - Total cost annualized x (1-Tax rate + Depreciation
Annual net (after-tax) profit = $0.944 MM/yr - $0.9 MM/yr x 1 -0.25 + $0.4 MM/yr
Annual net (after-tax) profit = 0.433MM/yr
Payback period =
Payback period = 9.24 yr