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Jet001 [13]
4 years ago
10

A seasonal index for a monthly series is about to be calculated on the basis of three years' accumulation of data. The three pre

vious July values were 110, 150, and 130. The average over all months is 190. The approximate seasonal index for July is A) 0.487 B) 0.684 C) 1.462 D) 2.053 E) cannot be calculated with the information given
Business
1 answer:
kondor19780726 [428]4 years ago
6 0

Answer:

B) 0.684

Explanation:

For computing the approximate seasonal index, first we have to determine the average value for three months which is shown below:

= Previous July values ÷ number of values

= (110 + 150 + 130) ÷ 3

= 390 ÷ 3

= 130

Now the approximate seasonal index would be

= Average of three months ÷ average over all months

= 130 ÷ 190

= 0.684

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Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31, the accounting r
pashok25 [27]

Answer:

cost of goods available for sale= $4,060

Explanation:

Giving the following information:

Beginning inventory, January 1: 400 $3.00

Purchase, January 30: 300 3.40

Purchase, May 1: 460 4.00

<u>The cost of goods available for sale is the sum of the beginning inventory and the purchases of the period:</u>

<u></u>

cost of goods available for sale= beginning inventory + purchase

cost of goods available for sale= 400*3 + 300*3.4 + 460*4

cost of goods available for sale= $4,060

7 0
3 years ago
On January​ 1, 2019, the Bonds Payable account has a balance of​ $730,000. On December​ 31, 2019, the Bonds Payable account has
BigorU [14]

Answer: $99,000

Explanation:

Given the opening Balance of the Bond Payable account as well as the Closing Balance and the bonds that were retired for the year, we can deduce the amount of new bonds issued using the following formula,

Opening Balance + Bonds Issued - Retired bonds = Closing Balance

Making Bonds Issued the subject we have,

Bonds Issued = Closing Balance - Opening Balance + Retired bonds

Bonds issued is therefore,

= 820,000 - 730,000 + 9,000

= $99,000

$99,000 was the Amount of new bonds issued in 2019.

4 0
3 years ago
Before any serious discussion of purchasing a business occurs a _ should be conducted
Lesechka [4]
Blood group b shold constrentect
3 0
3 years ago
Based on the research, a marketer tells a possible customer that with this new variety of corn they can expect to receive more t
olga nikolaevna [1]

This means that the research shows that 95% of the yield is between 118 to 130 bushels per acre. The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.

<h3>Confidence interval</h3>

Given that 95% confidence interval for the true mean yield is 118 to 130 bushels per acre.

This means that the research shows that 95% of the yield is between 118 to 130 bushels per acre. The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.

Hence:

μ ± E = (118, 130)

where μ is mean and E is margin of error

μ - E = 118 (1)

Also:

μ + E = 130   (2)

From both equations:

μ = 124, E = 6

The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.

Find out more on Confidence interval at: brainly.com/question/15712887

7 0
3 years ago
Let’s assume that each person in the United States consumes an average of 39 gallons of soft drinks (non-diet) at an average pri
icang [17]

Answer:

Instrucitons are listed below.

Explanation:

Giving the following information:

Let’s assume that each person in the United States consumes an average of 39 gallons of soft drinks (non-diet) at an average price of $2.00 per gallon and that the U.S. population is 295 million. At a price of $1.50 per gallon, each consumer would demand 49 gallons of soft drinks.

Price= 2

Demand= 295*39= 11,505 million

Price= 1.5

Demand= 295*49= 14,455 million

8 0
3 years ago
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