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4 years ago

13. T F A high standard deviation generally means that the data points are widely

Business

1 answer:

Vladimir [108]4 years ago

4 0

Answer:

True.

Explanation:

Standard deviation can be defined as a quantity used to determine or measure how much a set of values differs from the mean value.

A high standard deviation generally means that the data points are widely scattered from the mean while a low standard deviation generally means that the data points are closely related to the mean or average value.

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Dyl pickle inc. had credit sales of $3,500,000 last year and its days sales outstanding was dso = 35 days. what was its average

yKpoI14uk [10]

The Formula we're going to use is:
DSO=(Sales/365)

Application:
1. 35($3,500,000/365) = $335,616
ANSWER: $335,616

or if you are having a hard time.
2. $3,500,000/365 = 9,589.04
then,
9,589.04 x 35 = $335,616

4 0

4 years ago

Which best describes an investor’s primary goal?

tigry1 [53]

An investors primary goal is to make money. More specifically, money that is greater than the sum amount initially invested.

9 0

3 years ago

Read 2 more answers

Please help

nika2105 [10]

Answer:

One is lower risk

Explanation:

8 0

3 years ago

The Sand Cruiser is a takeout food store at a popular beachside resort. Teresa Texton, owner of the Sand Cruiser, was deciding h

Vanyuwa [196]

Answer: $6.2

Explanation: Contribution margin is the amount of revenue left after paying for the variable cost, it can be formulated as follows :-

contribution = sales - variable cost

In case of Limeade:-

sale price = $22.10

Variable cost = $15.90

so, putting the values into equation we get :-

contribution per foot = $22.10 - $15.9 = $6.2

5 0

3 years ago

The current asset section of Guardian Consultant's balance sheet consists of cash, accounts recelvable, and prepald expenses. Th

ivann1987 [24]

Answer:

a) Current Liabilities $2,780,000

b) Long term liabilities $2,680,000

c) Accounts receivable $3,620,000

d) Therefore Acid Test 1.8

Explanation:

Step 1: Calculate the Current Liabilities

The question requires a work-back based on the information given as follows

Stockholders Equity (A) $3,900,000

Debt Equity Ration 1.4

Total debt therefore ($3,600,000 x 1.4) (B) $5,460,000

Total debt and equity therefore is (A + B ) $9,360,000

($3,900,000 + $5,460,000)

Total Equity and Debt = Total Assets

Total Assets therefore $9,360,000

Therefore Current Assets $5,560,000

(Total debt - Non Current Asset)

($9,360,000 - $3,800,000)

Less: Cash and prepaid expenses ($1,940,000)

($1,440,000 + $500,000)

Accounts receivable $3,620,000

Current Ratio therefore is 2.0 (not 20)

Meaning: Current Liabilities $2,780,000

(Current Assets/ Current ratio)

($5,560,000/2)

Step 2: Calculate Long term Liabilities

Total debt (from step 1) $5,460,000

less; Current Liabilities $2,780,000

Long term liabilities $2,680,000

Step 3: Accounts Receivable

Total Assets $9,360,000

Current Assets $5,560,000

(Total debt - Non Current Asset)

($9,360,000 - $3,800,000)

Less: Cash and prepaid expenses ($1,940,000)

($1,440,000 + $500,000)

Accounts receivable $3,620,000

Step 4: The Acid test ratio

Cash $1,440,000

Accounts Receivable $3,620,000

Quick Asset (Cash + Accounts receivable) $5,060,000

Current Liabilities $2,780,000

Therefore Acid Test 1.8

(Quick Asset / Current liabilities)

(5,060,000/2,780,000) 1.8

8 0

3 years ago