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3 years ago

A statistic is said to be unbiased if:

Business

1 answer:

neonofarm [45]3 years ago

5 0

B. The mean of its sampling distribution is equal to the true value of the parameter being estimated

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Activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including exp

Anika [276]

Answer:

Operating activities

Explanation:

The operating activities deal with the purchase and sale of merchandise to the customers plus it also involves the expenditure incurred for day to day operations like - wages and salaries expenses, administrative expenses, selling and other general expenses

By performing day to day activities, the company is enabled to generate the revenues through which the company could accomplish its goals and objectives.

5 0

3 years ago

Big John’s manufacturing currently produces its lead product on a machine that has a variable cost of 0.32 per unit and a fixed

Greeley [361]

Answer:

The indifference point is 1,875,000 units.

Because the current machine has lower fixed costs, it has a lower cost from 0 units to 1,874,999. From 1,875,001 the new machine is more convenient,

Explanation:

Giving the following information:

Current machine:

Total cost= 75,000 + 0.32x

New machine:

Total cost= 150,000 + 0.28x

To find the indifference point, we need to equal the cost functions and isolate x (number of units)

75,000 + 0.32x = 150,000 + 0.28x

0.04x= 75,000

x= 1,875,000

The indifference point is 1,875,000 units.

Because the current machine has lower fixed costs, it has a lower cost from 0 units to 1,874,999. From 1,875,001 the new machine is more convenient.

6 0

3 years ago

A buyer is closing on the purchase of a residence. The taxes for the year are estimated to be $4,780. The closing date is Januar

Aneli [31]

Answer:

For seller = $196.44

For buyer = $4583.56

Explanation:

Data provided in the question:

Taxes for the year = $4,780

Date of closing = January 16

since the day of closing belongs to the buyer therefore the seller owns the tax for 15 days only

Per day tax = [ Taxes for the year ] ÷ 365

= $4,780 ÷ 365

= $13.095 per day

Hence,

Proration will be

for seller = $13.095 per day × 15 days

= $196.44

For buyer = $4,780 - $196.44

= $4583.56

6 0

3 years ago

If the cost of goods sold is more than the cost of goods manufactured, then

ivann1987 [24]

Answer:

C. Finished Goods Inventory has decreased.

Explanation:

Cost of goods manufactured (COGM) increases when finished goods inventory is produced, while cost of goods sold (COGS) increases when finished goods inventory is sold. If COGS has been increasing faster than COGM has been increasing, the company has been selling more goods than it has been producing. Therefore, it must have sold goods from its surplus of finished goods inventory. Thus, finished goods inventory has decreased.

8 0

3 years ago

Who is Patrick Jorgenson? What does he do for a living?

Reika [66]

Answer:

I think you mean Patrick Jørgensen

Explanation:

He is a musical artist and if you don't mean Patrick Jørgensen I'm sorry

7 0

3 years ago