Answer:
Average inventory will be $100000
So option (a) will be correct option
Explanation:
We have given inventory turn ratio = 6.2
Cost of good sales = $620000
We have find the the average inventory
We know that inventory turn ratio is given by
Inventory turn ratio
So
Average inventory = $100000
So option (a) will be the correct option
Answer:
a. The estimated coefficient for size is approximately <u>13.81</u>.
b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).
Explanation:
a. The estimated coefficient for size is approximately _____.
Estimated coefficient for size = Standard Error of size * t-Stat of size = 1.2072436 * 11.439 = 13.81
Therefore, the estimated coefficient for size is approximately <u>13.81</u>.
b. How many predictors (independent variables) were used in the regression?
Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.
In the regression, two predictors are used. These two predictors are size and fireplace (FP).
Answer:
Organic
Explanation:
An organic structure in a company has an extremely flat reporting structure. Employees tend to interact among themselves and not along different management levels or direct reports.
This structure affects decision making which is more by consensus. Decision does not lie with a single manager.
In the given scenario the organisation where Kim wants to work is very informal with a lot of cross-functional teams with members from different departments.
This is an organic organisation structure
Answer;
-Public goods
Clean air is an example of public goods, which no one can be excluded from and benefits all citizens.
Explanation;
A public good is a product that one individual can consume without reducing its availability to another individual, and from which no one is excluded. These goods are both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.
-Public goods (and services) include economic statistics and other information, law enforcement, national defense, parks, defense, public fireworks, lighthouses, clean air and other environmental goods among other things for the use and benefit of all.
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