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antiseptic1488 [7]
3 years ago
12

The local newspaper receives several complaints per day about typographic errors. Over a seven-day period, the publisher has rec

eived calls from readers reporting the following total daily number of errors: 4, 3, 2, 6, 7, 3, and 9. Based on these data alone, what type of control chart(s) should the publisher use?
Business
1 answer:
natima [27]3 years ago
4 0

Answer:

c-chart

Explanation:

Since the newspaper register the number of daily errors, differentiating between different days, the publisher should use a c-chart.

The c-chart is a type of control monitors "count"-type data (number of typographic errors in a paper), it is also useful for counting the number of unconformities on each unit (each day of publishing). Therefore, the c-chart is the most recommended.

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In its income statement for the year ended December 31, 2020, Kingbird, Inc. reported the following condensed data.
tekilochka [14]

Answer and Explanation:

The preparation of the multiple-step income statement is shown below:

Net Sales $2,415,700

Less: Cost of goods sold $1,314,300

Gross profit $1,101,400

Less: Operating expense -$736070

Operating income $365,330

Other revenue    

Add: Interest revenue $31,590

Other expense    

Interest expense $74,650

Loss on disposal of plant assets $18,990 $93,640 -$62,050

Net income $303,280

6 0
3 years ago
Eve runs a small business. She runs her business operations from a rented office. Eve has paid the office rent worth $10,000 for
MakcuM [25]

Answer:

C. Current liabilities

Explanation:

4 0
4 years ago
Read 2 more answers
The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of
9966 [12]

Answer:

Answer for question :

The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of return is 17%. What is the expected stock price two years from now. Round the answer to the nearest integer " is as explained below.

Explanation:

1. the expected stock price two years from now = 3 * 1.065^3/(0.17 - 0.065)  

the expected stock price two years from now = 34.51

2. FV = 0, N = 8, PMT = 288, rate = 4%

use PV funciton in Excel    

value at time 0 = 1939.03

3 0
3 years ago
Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $6
iVinArrow [24]

Answer:

1) Financial advantage = $15,100

2) X15 should be processed further because it would generate 15,100

Explanation:

A company should process a product further if the additional revenue from the split-off point is greater than than the further processing cost.  

Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .  

                                                                                       $

Sales revenue after further processing

(19×8,300)                                                                   157,700                  

Sales revenue at the split-off point

(16×8,300)                                                                   <u> 132,800</u>

Additional sales revenue from further processing   24,900

Less further processing cost                                     <u>  (9,800)</u>

Financial advantage                                                    <u> 15,100</u>

Financial advantage = $15,100

X15 should be processed further because it would generate 15,100

7 0
3 years ago
Changes in the CPI overstate the true inflation rate due to four "biases". If apple prices rise rapidly during the month while o
Butoxors [25]

Answer: the substitution bias

                                 

Explanation: The substitution bias shows the tendency of consumers of buying less costly good in place expensive one.

In the given case when the price of apple rises and the price of oranges falls then the consumer will purchase more of the oranges. In such a scenario the index will rise showing that the good which was purchased earlier by the consumers has risen however in the real world the consumer shave sifted their demand to a less expensive product.

Thus, it will lead to overstatement of substitution bias.

7 0
4 years ago
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