Answer:
- Standard deviation: $14,400
Explanation:
<u>1. Mean of the annual income:</u>
The mean income is the expected income, which is: the sum of the annual salary (constant) plus the 8% of the mean value of the orders ($600,000):
- Mean annual income = $6,000 + 8% × $600,000 = $6,000 + $48,000 = $54,000.
<u>2. Standard deviation of the annual income.</u>
The standar deviation is a measure of how extended the values are.
It means that the annual value of the orders will be around the mean plus or minus a number of standard deviations, depending on the precision you want.
The 8% of the the standard deviation is 8% × $180,000 = $14,400.
Since the $6,000 is a constant it does not modify the standard deviation.
These results are a consequence of the linearity of the mean and the standard deviation.
Call Y the salesperson salary, and X the valueof the orders. Then:
The linearity property states that:
- Mean of Y = 8% × (mean of X) + 6,000
And:
- Standard deviation of Y = 8% × (Standard deviation of X).
The First Amendment in the American Constitution famously guarantees US citizens the right to free speech.
In deciding a case on the subject of free speech on the internet , it would be considered the least proper for the judge to consider survey data from the local community. Correct answer:B
Answer:
B) Cost of goods sold is not recorded under a periodic system until the end of the period.
Explanation:
The periodic inventory system refers to an inventory system in which a physical count of inventory is carried out occasionally in order to determine the inventory level and cost of goods sold (COGS). Therefore, the inventory account and cost of goods sold account are not recorded under a periodic system until the end of this occasional period which may be once a month, once a quarter, or once a year.
On the other hand, the perpetual inventory system is an inventory system in which inventory balances and COGS are continuously updated automatically whenever a product is received or sold using digital technology. Therefore, under perpetual inventory system, purchases and cost of goods sold are continuously recorded automatically without having to wait till the end of any particular period.
Therefore, one difference between periodic and perpetual inventory systems is: B) Cost of goods sold is not recorded under a periodic system until the end of the period.
Answer: Classroom set-up
Explanation: The classroom set-up would be the best arrangement to host the smaller meetings which would require attendees to extensively take down notes on the information about the organization they receive.
The various sub-meeting groups would be headed by a facilitator who would take charge of teachings.