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3 years ago

Find the mean of this data set: $7.75, $9.50, $7.20, $8.00. note: round answer to the nearest cent.

1 answer:

8 0

First you would add all the numbers together.
32.45-- Is your answer
Next you round the answer to the nearest cent or hundreth beacuse there the same
32.45
-
In this the 5 is the nearest cent. The saying is 5 or more raise a score, 5 or less let it rest, so you new number would be

32.50 Is your final answer

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Patrick and britt are in agreement that patrick will pay britt $2000 for a used vehicle. at what point is there a binding contra

katrin2010 [14]

<span>There is a binding contract as soon and Patrick and Britt orally agree. There does no need to be a written contract as long as there is a meeting of the minds.</span>

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3 years ago

Unrealized Loss on Trading Investments a.is reported on the income statement in the operating expenses area. b.is reported on th

11Alexandr11 [23.1K]

Answer: D. is reported on the income statement separately, or as a part of Other Income and Expense, depending on its significance.

Explanation: Unrealized losses are losses that have been inputted on paper, but the corresponding transactions have not been completed. They are also known as paper loss, due to their being recorded on paper; and are changes in the value of assets or liabilities that have not yet been settled. They are reported on the income statement separately or as a part of other income and expense (accumulated comprehensive income), usually found in the equity section of the balance sheet.

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4 years ago

Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor

kodGreya [7K]

Answer:

The labor productivity for Deluxe and Limited cars are as follows:

Units/Hour dollars

Deluxe Car 0.13 103.64

Limited Car 0.21 156.54

Explanation:

It is noteworthy that labor productivity in terms of units/hour does not put into consideration quality of product, selling prices and skill level of the manufacturing workers. It would extremely difficult for supervisors to find out the workers that are better in terms of unit/hour.

Find attached spreadsheet with detailed calculation and formulas used.

Download xlsx

3 0

3 years ago

Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $219,400 $585,000 Variable costs 88,000

coldgirl [10]

Answer:

Beck Inc. and Bryant Inc.

Beck Inc. Bryant Inc.

a. Operating leverage 0.4 0.1

b. Increase in income $19,710 (27%) $35,100 (18%)

c. The difference in the INCREASE of income from operations is due to the difference in the operating leverages. Beck Inc.'s HIGHER operating leverage means that its fixed costs are a HIGHER percentage of contribution margin than are Bryant Inc.'s.

Explanation:

a) Data and Calculations:

Beck Inc. Bryant Inc.

Sales $219,400 $585,000

Variable costs 88,000 351,000

Contribution margin $131,400 $234,000

Fixed costs 58,400 39,000

Income from operations $73,000 $195,000

Total costs $146,400 $390,000

Operating leverage 1.8 1.2

Operating leverage = Contribution Margin/Income from operations

Increase in Sales by 15%

Beck Inc. Bryant Inc.

Sales $252,310 $672,750

Variable costs 101,200 403,650

Contribution margin $151,110 $269,100

Fixed costs 58,400 39,000

Income from operations $92,710 $230,100

Increase in income $19,710 (27%) $35,100 18%

3 0

3 years ago

When commercial banks need more Federal Reserve Notes, Question 16 options: they call the Bureau of Engraving and Printing, whic

romanna [79]

Answer:

they call their Federal Reserve District Bank, which delivers the requested amount.

Explanation:

The Federal Reserve System (popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America, which are commonly referred to as Federal Reserve District Bank.

The Fed provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."

Hence, when commercial banks such as the regular banks in societies need more Federal Reserve Notes, they call their Federal Reserve District Bank to deliver the requested amount to them.

Additionally, currency in circulation includes all of the US paper currency (dollar bill) that are available in the country while reserves refers to the minimum deposits being held for the U.S Treasury and depository financial institutions by the Fed.

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3 years ago