Answer:
THERE ARE SCARCITY EVEN IN AN AFFLUENT COUNTRY LIKE THE UNITED STATES BECAUSE WANTS ARE LIMITED BUT NEEDS ARE UNLIMITED. SOME PEOPLE ARE POOR WHILE OTHERS ARE WEALTHY
Answer:
H0 : β = 0
H1 : β = 0
R = 0.8642
P value = 0.002654
Explanation:
Null hypothesis : H0 : β = 0
Alternative hypothesis : H1 : β ≠ 0
The correlation Coefficient, R value as obtained using a correlation Coefficient calculator is 0.8642. This depicts that a strong positive relationship exists between court income and Justice salary.
The Pvalue using the Pvalue calculator (R = 0.8642, N = 9) = 0.002654
The Pvalue < α
0.002654< 0.05 ; Hence, we reject H0.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
A) An investment project provides cash inflows of $660 per year for eight years. The initial cost is $1,825
660*2= 1,320
Rest= 1,825- 1,320= 505
Pay-back period= 2 years + (505/660)= 2.77 years
B) What is the project payback period if the initial cost is $3,550
Pay-back period= 5 years + (250/660)= 5.38 years
C) if the initial cost is $5,400
Pay-back period= 8 years + (120/660)= 8.18 years
Answer:
Banking and Related Services
Insurance Services
Financial and Investment Planning
Business Financial Management
Explanation:
Retailers can be categorized as service retailers or merchandise retailers. Service retailers sell services such as legal, health, delivery services, parking, and many others. Merchandise retailers deal with products/ tangible items. They buy in bulk from manufactures or wholesalers and sell to end consumers. Retail related services deal more with sales, cash, and credit, unlike the other carriers in the list that deal with assets, liabilities, and money.
Each establishment, whether small or big, government-owned or private companies, always have to backup their files in case of emergencies. As you make your backup plan, you must come across these five basic key questions:
1. Are you backing up all your data? You have to sort your files to be backed up because storage can be limited.
2. How often is your data backed up? You must make sure to back up your data on a regular basis, if not day-to-day.
3. Who is responsible for your backups? For big companies, it is too big of a task for one person to shoulder. Usually, this is tackled by a department, usually the I.T. Department.
4. Do your backups actually work? You should test regularly if these back ups actually work by restoring data files every now and then.
5. Do you have right backup checks and balances in place? The I.T Department tackling backup plans is one thing. But there should also be checks and balances so that you have a backup of your backup. It's better to be safe than sorry.