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3 years ago

A lower control limit must by definition be a value less than an upper control limit. True or false

Business

1 answer:

SVEN [57.7K]3 years ago

5 0

Answer:

True

Explanation:

The lower control limit is a limit of the quality control characteristics that describe the common cause of variations form the natural control process, that horizontal lines that are drawn in the distance of plus and minus 3. Found usually in the six sigma model of the quality deviation.

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Exercise 11-2 Blossom Company had these transactions during the current period. June 12 Issued 78,000 shares of $1 par value com

Mekhanik [1.2K]

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $292,500

To Common Stock $78,000 (78,000 × $1)

To Additional Paid-in Capital in excess of par - Common Stock $214,500

(Being the issue of the stock is recorded and the balance remaining is credited to the additional paid-in capital account)

2. Cash A/c Dr $260,000 (2,500 shares × $104)

To Preferred stock $250,000 (2,500 shares × $100)

To Additional Paid-in Capital in excess of par - Preferred Stock $10,000

(Being the issue of the stock is recorded and the balance remaining is credited to the additional paid-in capital account)

3. Treasury stock A/c Dr $7,100

To Cash A/c $7,100

(Being the treasury stock is purchased for cash)

5 0

3 years ago

Myriad Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2018, for $283,294,7

Olegator [25]

Answer:

Balance sheet:

Net liability = $285,349,947

Income statement:

Interest expense = $34,055,227

Statement of cash flows:

Operating: $32,000,000

Investing: Nil

Financing: $283,294,720

Explanation:

The workings are attached:

Balance sheet

Net liability = carrying value at the end of the year = $285,349,947

This will appear in the balance sheet as net liability.

Income statement:

Interest expense will be appearing in the income statement.

Interest expense = $32,000,000

Statement of cash flows:

Operating cash flow:

Cash flow from operating activities (CFO) indicates the amount of money a company brings in from its ongoing, regular business activities, such as manufacturing and selling goods or providing a service to customers. It is the first section depicted on a company's cash flow statement.

Operating: It is the interest expense = $32,000,000

Investing cash flow:

Cash flow from investing activities is one of the sections on the cash flow statement that reports how much cash has been generated or spent from various investment-related activities in a specific period. Investing activities include purchases of physical assets, investments in securities, or the sale of securities or assets.

Investing: This will be nil, as this is not an investment

Financing cash flow

Cash flow from financing activities (CFF) is a section of a company's cash flow statement, which shows the net flows of cash that are used to fund the company. Financing activities include transactions involving debt, equity, and dividends

Financing: This will be the $283,294,720

4 0

3 years ago

Lagoon has two food stores Buck's and Combo's. It costs $1 to make one of Buck's bread loaves and $2 to make one of Combo's chee

Alex Ar [27]

Answer:

a. Complements

b. $X(P_1,P_2) =-P_1^2-P_2^2-P_1P_2+16P_1+21.5P_2-52$

Explanation:

a. Analyzing the demand equations for both products, a negative relationship between demand and price can be observed for both goods. This means that an increase in price for the cheese rounds causes a decrease in demand for bread, while an increase in price for bread causes a decrease in demand for cheese rounds. This relationship is exhibited when goods are complements.

b. The profit from each store is given by:

$X_1 = Q_1*(P_1-\$1)\\X_2 = Q_2*(P_1-\$2)$

Total profit is given by:

$X_1 =(14-P_1 - 0.5P_2)*(P_1-\$1)\\X_1=14P_1-P_1^2 - 0.5P_1P_2-14+P_1 + 0.5P_2\\X_2 = (19 - 0.5P_1 - P_2)*(P_2-\$2)\\X_2=19P_2-0.5P_1P_2-P_2^2-38+P_1+2P_2\\X(P_1,P_2) =X_1+X_2\\X(P_1,P_2) =-P_1^2-P_2^2-P_1P_2+16P_1+21.5P_2-52$

7 0

3 years ago

The spread of the coronavirus in the U.S. has had negative effects on the U.S. economy. GDP growth rate went negative (-5.8%) in

Oksi-84 [34.3K]

Answer:

The Coronavirus pandemic took the world by surprise and most people were not ready for the far reaching quarantine measures that were put in place. These measures along with the general fear of the disease meant that Consumers were demanding less of goods and services which had the effect of shifting the Short Run Demand curve to the left.

The world also saw travel restrictions put in place which were a serious blow to international commerce because suppliers found it hard to source goods. This reduced the supply of goods and services which also meant that the Short Run Aggregate Supply Curve shifted to the left as well.

The New Equilibrium led to a way lower output at Y¹ which is shows why GDP growth fell into negative.

As a result of decreased output and quarantine measures, companies could not afford to keep their employees and had to let go of a lot of them. This is why the Unemployment rate went up as well.

3 0

3 years ago

Why do countries pursue the macroeconomic goal of stable prices? O )A. Stable prices help businesses plan future economic decisi

Andre45 [30]

Answer:

Explanation:

3 0

3 years ago

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