Answer:
± 4.05
Explanation:
Data provided in the question:
Random sample size = 15
Standard deviation = 8
Confidence level = 95%
Now,
Margin of error is given as:
Margin of error = ± [ ( z × s ) ÷ √n ]
Here,
From standard z table for 95% confidence level z = 1.96
Margin of error = ± [ ( 1.96 × 8 ) ÷ √15 ]
or
Margin of error = ± [ 15.68 ÷ 3.873 ]
or
Margin of error = ± 4.05
Answer:
Switching costs
Explanation:
Switching costs: If there are not many alternative suppliers available, the cost of switching is high. Therefore, buyer power would be low. Backward Integration: If the buyer is able to integrate or merge suppliers, the buyer has greater bargaining power over the existing suppliers.
Answer: Paul has a taxable dividend of $15,000.
Explanation:
From the question, we are informed that ABC Corporation has E & P of $240,000 and distributes land with a fair market value of $70,000 (adjusted basis of $25,000) to its sole shareholder, Paul. We are further informed that the land is subject to a liability of $55,000.
The taxable dividend will be the difference between the fair market value of land and the liability on the land. This will be:
= $70,000 - $55,000
= $15,000
Therefore, Paul has a taxable dividend of $15,000.
Answer:
Total cash collection= $530,000
Explanation:
Giving the following information:
<u>Sales:</u>
February $500,000
March $400,000
April $600,000
60% of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following the sale.
<u>Cash collection April:</u>
Cash collection credit sales from April= (600,000*0.6)= 360,000
Cash collection credit sales from March= (400,000*0.3)= 120,000
Cash collection credit sales from February= (500,000*0.1)= 50,000
Total cash collection= $530,000
