Answer: $10,300
Explanation:
Total expenses = Rent Expense + Utility expense + Salaries Expense
= $2,000 + $500 + $6,200
= $8,700
Revenue from Repair Service = 16,000 cash received + 3,000 provided on account
= $16,000 + $3,000
= $19,000
Net income = Revenue from Repair Service - Total expenses
= $19,000 - $8,700
= $10,300
...... standard information technology interfaces are defined in the MILITARY INTEROPERABILITY PROTOCOL. Interoperability refers to the ability of different military organisation or department to conduct joint operation. The secure communication interoperability protocol is a national standard for communication among military personnel.
Answer:
Explanation:
A. Solving for P yields P =0011dsiiuuγβββ−−+; thus 21(,)susCov P uσβ−=.Because Cov(P,u) ≠0, the OLS estimator is inconsistent.
B. We need an instrumental variable, something that is correlated with P but uncorrelated with us. In this case Q can serve as the instrument, because demand is completely inelastic (so that Q is not affected by shifts in supply). γ0can be estimated by OLS (equivalently as the sample mean of Qi
Answer:
A disgruntled customer will tell 9 - 15 people about their experience.
Explanation:
According to a study carried out by the White House Office of Consumer Affairs, a dissatisfied consumer tells 9-15 people about their experience. However, with the advent of social media and the internet, this number can sky-rocket into thousands and possibly millions depending on how viral the complaint becomes.
This is the more reason why organizations should endeavor to provide good customer service so that their brand will not be dragged into the mud by disgruntled customers.
Answer:
b. $(3,063)
Explanation:
This can be calculated as the present value of a cost-saving project, with rate of return equal to 13%. In the table, its the cash flow (in thousands of dollars)
Item/Year 0 1 2 3 4 5
Cost-savings 39 39 39 39 39
Salvage value 18
Purchase -150
TOTAL -150 39 39 39 39 57
With these cash flows, we can calculate the present value discounting at the rate of return of 13%:
The present value is closest to Option b. $(3,063)
