How much does Walmart net

An important application of regression analysis in accounting is in the estimation of cost. By collecting data on volume and cos

gulaghasi [49]

Answer:

(1) $\text{Total Cost}=1246.67+7.60\ \text{Volume}$

(2) The variable cost per unit produced is $7.60.

(3) The coefficient of determination is 0.96 or 96%.

(4) The estimated total cost is $5,046.67.

Explanation:

A regression analysis for the provided data is performed on Microsoft Excel.

The output is attached below.

(1)

The estimated regression equation that could be used to predict the total cost for a given production volume is:

$\text{Total Cost}=1246.67+7.60\ \text{Volume}$

(2)

The variable cost per unit produced is given by the slope of the line.

The slope of a regression line represent the value of the dependent variable for one unit of the independent variable.

So, the variable cost per unit produced is $7.60.

(3)

Consider the regression output attached.

The coefficient of determination is 0.96 or 96%.

This implies that the percentage of the variation in total cost that can be explained by production volume is 96%.

(4)

For Volume = 500 units predict the total cost as follows:

$\text{Total Cost}=1246.67+7.60\ \text{Volume}$

$=1246.67+(7.60\times 500)\\\\=1246.67+3800\\\\=5046.67$

Thus, the estimated total cost is $5,046.67.

4 0

3 years ago

Andrew, a project manager in a multinational company, accepts a very challenging project from his client as he feels that the em

shepuryov [24]

Answer:

Theory Y

Explanation:

In theory Y, managers have a positive and optimistic view of their employees. They assume employees are happy to work and that workers are motivated by attaining objectives. In theory Y, employees can work towards organizational goals through self- direction and self-control.

Theory Y assumptions allow employees to participate in solving organization problems. The managers consider employees are creative, imaginative and innovative people. In theory Y, managers adopt a consultative style of management.

5 0

3 years ago

On January 1, 2019, Marigold Corp. Had the following stockholders' equity accounts.

Temka [501]

a. The preparation of the stockholders' equity section of the balance sheet at December 31 foro Marigold Corp. is as follows:

<h3>Stockholders' Equity Section:</h3>

Marigold Corporation

<h3>Balance Sheet</h3>

At December 31, 2019

Common Stock ($5 par value)

186,560 shares issued and outstanding $932,800

Paid-in Capital in Excess of Par Value-Common Stock 268,880

Retained Earnings 446,408

Total equity $1,648,088

b. The payout ratio and return on common stockholders' equity are as follows:

Payout ratio = Cash Dividends/Net Income

= 94% ($206,912/$220,000 x 100)

Return on Common Stockholders' Equity = Net Income/Beginniing Outstanding Equity

= 13.5% ($220,000/$1,635,000 x 100)

<h3>Data and Analysis:</h3>

Common Stock ($10 par value)

84,800 shares issued and outstanding $848,000

Paid-in Capital in Excess of Par Value-Common Stock 218,000

Retained Earnings 569,000

Total equity $1,635,000

Jan. 15 Retained Earnings $94,976 (84,800 x $1.12) Cash Dividends Payable $94,976

Feb. 15 Dividends Payable $94,976 Cash $94,976

Apr. 15 Retained Earnings $135,680 Stock Dividends Payable $135,680 ($16 x 84,800 x 10%)

May 15 Stock Dividends Payable $135,680 Common Stock $84,800 Paid-in Capital in Excess of Par Value $50,880

July 1 Common Stock increased to 186,560 at $5 each (84,800 + 8,480 x 2)

Dec. 1 Retained Earnings $111,936 (186,560 x $0.60) Cash Dividends Payable $111,936
Dec. 31 Net income for the year = $220,000

<h3>Retained Earnings:</h3>

Beginning balance $569,000

Net Income 220,000

Dividends:

Jan. 15 Cash Dividends (94,976)

Apr. 15 Stock Dividends (135,680)

Dec. 1 Cash Dividends (111,936)

Ending balance $446,408

Learn more about the stockholders' equity section at brainly.com/question/13373888

#SPJ1

3 0

2 years ago

Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome. What is the next step she should

Olenka [21]

Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.

<h3>What is counterfactual thinking?</h3>

Counterfactual thinking is done when an individual needs alternative methods or way to do a thing that has been done.

The initial method may not be as productive as the individual expected.

This will make an individual think of all the factors that may have hindered the desired result.

Therefore, Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.

Learn more on Counterfactual thinking below

brainly.com/question/13844623

#SPJ1

7 0

2 years ago

You are interested in investing in a private company. Based on earnings multiples of similar publicly traded firms, you estimate

siniylev [52]

Answer:

$10.88

Explanation:

The value of private shares can be approximately gotten from various methods such as comparing valuation ratios, discounted flow analysis, net tangible assets, and so on.

Given that:

value of private company stock = $13.44 per share

Expected control premium = 12% = 0.12

Marketability discount = 15% = 0.15

Discount for key person = 15% = 0.15

Value per share = value of private company stock [(1 + expected control premium)(1 - Marketability discount) × (1 - discount for key person)]

= $13.44 [(1 + 0.12) × (1 - 0.15) × (1 - 0.15)]

= $10.88

4 0

3 years ago