Answer:
A. $68,200
Explanation:
Retail Cost
Beginning inventory $60,000
$120,000
Plus: Net purchases. $312,000
$480,000
Goods available for sale $372,000
$600,000
Cost to retail percentage = $372,000 ÷ $600,000 = 62%
Less : Net sales
($490,000)
Estimated ending inventory at retail
$110,000
Estimated ending inventory at cost
62% × $110,000 = $68,200
Answer: d. the corporate culture envrionment
Explanation:
Answer:
Because the test statistic is less than the critical value, we can reject the null hypothesis and conclude that the population correlation coefficient is less than zero.
Explanation:
Because the question is based on the hypothesis test of the significance of the correlation coefficient to decide whether the linear relationship in the sample data is strong enough to use to model the relationship in the population. If the tests concludes that the correlation coefficient is not significantly different from zero, it means that the correlation coefficient is not significant.
Answer:
Debit Bank; Credit Accounts Payable
Debit Repair Expense; Credit Accounts Payable
To decide how much an insurance policy should cost a customer, underwriters use: Data analytics.
Data analytics can be defined as the systematic computational collection, modelling and analysis of raw data, in order to discover trends, patterns, and draw conclusions about the information that are contained in the data.
An insurance policy can be defined as a contractual agreement between an insurer and an insured (policyholder), in which the claims, terms and conditions binding on both parties are listed in details.
Thus, it is a contract in which an insurer indemnifies an insured (policyholder) against losses in the event of certain dangers or problems.
Underwriting refers to a process through which an insurer determines the risks of insuring a customer and establishing the required cost (price).
Basically, underwriters use data analytics to predict risk levels and determine how much an insurance policy should cost a particular customer. Some examples of the data used by underwriters are:
- Historical industry trends.
Read more: brainly.com/question/1790872