1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
siniylev [52]
3 years ago
8

Use the hypothetical data in the table to answer the questions.

Business
1 answer:
nalin [4]3 years ago
8 0

Solution:

1. The average snowfall in cincinnati over this period was 28 inches.

In the city cincinnati, snowfall (inches) in january and february is 18 and 38 respectively :

                   Average snowfall = {18+38}/{2} = 28 inches    

2. If the march data on snowfall is above the average (i.e 28 inches), The monthly average will rise.

If the march data on snowfall is above the average snowfall in January and February (i.e 28 inches), the monthly average will rise because, any snowfall data in march which is greater than 28 inches will lead to rise in monthly average.

For e.g  , suppose, If we consider snowfall (inches) in march is 30 inches, than monthly average is :

Monthly average snowfall= {18+38+31} / {3}= 29 inches

which is greater than 28 inches.

Therefore, If the march data on snowfall is above the average (i.e 28 inches), The monthly average will rise.

You might be interested in
When auditing an entity's financial statements in accordance with government auditing standards (the yellow book), an auditor is
frez [133]
<span>Wiley CPA Exam Review 2010, Auditing and Attestation explained this on an exam that the auditor should issue a report to comply with the law on internal control and also to document financial information. The yellow book becomes an auditing standard that provided uniformity on reports.</span>
3 0
3 years ago
The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:
Dvinal [7]

Answer:

1. $132,600

2. $7,700

3. $25,600

Explanation:

1. Calculation to determine Total current assets

First step is to calculate the Current liabilities using this formula

Current liabilities = salaries payable + accounts playable + accrued interest

Let plug in the formula

Current liabilities= 19000 + 58000 + 1000

Current liabilities= 78000

Now let calculate the Total current assets using this formula

Total current assets = current ratio * current liabilities

Let plug in the formula

Total current assets = 1.7* 78000

Total current assets = $132,600

Therefore Total current assets is $132,600

2. Calculation to determine Short-term investments

Using this formula

Short term investments = Current assets - [cash + accounts receivables + inventory]

Let plug in the formula

Short term investments = 132,600 - [6900 + 39,000 + 79,000]

Short term investments = $7,700

Therefore Short term investments will be $7,700

3. Calculation to determine the Retained earnings

Using this formula

Current assets + fixed assets = Current liabilities + Long term liabilities + paid in capital + retained earnings

Let plug in the

132,600 + 215,000 = 78,000 + 49,000 + 195,000 + Retained earnings

347,600 = 322,000 + retained earnings

Retained earnings = 347,600 - 322,000

Retained earnings = $25,600

Therefore Retained earnings will be $25,600

8 0
3 years ago
Handwriting and correct spelling on a work order aren't all that important because they have nothing to do with how well you fix
MArishka [77]

the answer here is false


5 0
3 years ago
Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external
PIT_PIT [208]

Answer:

Yes, I agree

Explanation:

As managers in an organization, proper attention must be paid to the forces in the external environment because these forces are dynamic and business cannot exist without them hence must align with these changes inorder to be successful.

Some of theses forces have direct impact with an organization such as customer's reaction to a company's product, how well the company stays ahead of it's competitors , suppliers and creditors. External forces in the environment that have indirect impact to a company are compliance with local laws, socio cultural forces, religion etc.

Practical examples

• Customer's reaction to a product speaks to what measures are taken by a company to improving the quality of products produced and sold. Favourable reaction would make the company succeed while unfavourable reaction could mar the company's performance.

• Level of compliance with local laws is also an important force in the external environment that must be adhered to. If a company must succeed, it must comply with local laws and order, failure to do so could result to fine or expulsion from the community.

5 0
3 years ago
If a warranty were created by putting "party platter feeds twenty" on the platter does it always have to feed twenty people
iren2701 [21]
A warranty is a form of consensus between the customer and the manufacturer that the product is able to deliver the function in a period of time. In this case, the phrase given means not exactly twenty people. Usually, the number of people are just estimated from the normal individual serving and the serving of the whole platter.
7 0
3 years ago
Other questions:
  • Jason Thompson purchase an office building 10 years ago for $780,000. The building was just appraisal $1.25 million. What value
    15·1 answer
  • What is the origin of the term “to post” advertisements?
    15·2 answers
  • Law or policy that provides specific guidand for department of defense acquisition workforce in ref to ctip
    8·1 answer
  • Milltown Company specializes in selling used cars. During the month, the dealership sold 31 cars at an average price of $15,900
    10·1 answer
  • Economics: A group of competitors who work in unison to control the supply and price of their product is called a
    8·1 answer
  • Assume PRC Corp., an equipment distributor, sells a piece of machinery with a list price of $600,000 to ACH Inc. ACH will pay $6
    11·1 answer
  • During the year, Sheldon Company had net credit sales of $40,000. At the end of the year, before adjusting entries, the balance
    13·1 answer
  • What is bank run ? in your own words.​
    10·1 answer
  • AMaZon is taking forever to ship my tablet. answer with problems you've had with aMaZon
    8·1 answer
  • The Chilean coup of 1973 was one of many instances in which the United States became engaged in regime change. They practiced __
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!