Answer:
Option C Incorrect; adjusting for price changes, his salary is less than his dad's salary
Explanation:
Adjustment to price changes = (Amount received n years ago divided by Price Index n years ago) * Price Index today
Adjustment To price changes = ($28,000 / 110.8) * 180.5 = $45613.7
The amount $28,000 is worth $45,613.7 in todays value which means that if we adjust for price changes, Dave is incorrect because his salary is worth less by an amount $613.7 from his father's salary.
Answer:
The 9,300 should Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement
Explanation:
The non-collectible accounts expenses on its Year 2 income statement is shown below:
= Ending balance + write off balance - opening balance
= $6,000 + $7,200 - $3,900
=$9,300
The accounts receivable is not to be considered because we have to find out the uncollectible accounts expense, so the account receivable balance should not be taken in the computation part.
Hence, the 9,300 should Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement
Six
sigma is a philosophy and set of methods companies use to eliminate defects in
their products and processes<span>.
It also seeks to reduce variation in the processes that
lead to product defects. It measures quality,
process for Continuous Improvement and enabler for culture
change so culturally six sigma means companies must learn how to be nearly
flawless in executing key processes and achieving business imperatives. Quantitatively six sigma means the average process generates no
more than 3.4 defects per million. Therefore, based on the figures given above
the defects per million opportunities (DPMO) is 15, 333 and the defective rate
us 1.533% and the passed rate is 98.467%.</span>
