Explanation:
Getting the right education is one of the best pieces of advice I would send to someone who is only learning to invest. Investing is all about purchasing firms that you know and appreciate, that have a strong competitive edge, and that have a solid management team, all at a decent price.
Answer:
A credit to Encumbrance Control
Explanation:
In the case when the journal entry is the general fund is recorded and when we have to record the actual expenditure and the reversal of the attached encumbrance so here the encumbrance control should be credited as we have to record the actual expenditure that have incurred also the reversal of attached encumbrance so this account should be credited
Answer:
The correct answer is letter "B": Royalties.
Explanation:
In the world of business, royalty refers to a charge for the right to use the property of another entity, usually intellectual property such as copyright, patent or franchise. In the common royalty system, the property owner -<em>licensor</em>- licenses the licensee to use the property using a licensing agreement.
Answer:
957 pounds of pepperoni
Explanation:
In this problem, orders (T) are being taken every 5 weeks while the delivery (L) is approximately 4 weeks. Given a probability of 98 %, we can estimate that the area [F(z)] under the ' z' left side of the normal distribution curve is 0.98. Therefore,
0.98 - 0.50 = 0.48, using the standard normal table, for an area of 0.48, the value is 2.055. Thus, the pounds pepperoni (Q) that will be ordered:
Q = 130(5+4) + 2.055(120) - 460 = 1170 + 246.6 - 460 = 956.6
Approximately 957 pounds of pepperoni.
Answer:
Correct option is C.
If the CPI is 156.25 in 2007, then 2005 is the base year.
Explanation:
The CPI js given by the formula:
Current year prices/base year prices x 100
Given the values in years 2005,2006 and 2007, of all the given options, option (c) if the CPI is 156.25 in 2007, then 2005 is the base year is corrrect. This is because calculating CPI for 2007 using the above formula and 2005 as base year gives us CPI as 156.25.