Answer:
The journal entry is shown below:
Explanation:
According to the scenario, the journal entries for the given data are as follows:
Petty cash A/c Dr $236
To Cash A/c $236
(Being establishment of the fund is recorded )
Office supplies A/c Dr $94
Misc. Expense A/c Dr $89
Cash Over / Short Dr $22 ( $236 - $31 - $89 - $94)
To Cash A/c $205 ( $236 - $31)
(Being Reimbursement of the fund is recorded)
Answer:
A, discharged
Explanation:
Since the speech to be seen is cancelled well ahead of the due date, then the contract between Ralph and Susan is discharged. There is no more speech to listen to and as such Susan can have her apartment back.
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If the inflation rate is 15 percent. The real interest rate on this bond is:22%.
<h3>Real interest rate </h3>
Using this formula
Real interest rat=Expected inflation rate+ One year yield to maturity
Let plug in the formula
Real interest rate=15%+7%
Real interest rate=22%
Therefore the inflation rate is 15 percent. The real interest rate on this bond is:22%.
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Answer:
Company, Customers, Competitors, Collaborators, and Climate.
Explanation:
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Answer:
Explanation:
a. In a regression equation expressed as y= a + bx, how is the letter b best described?
Here, b is the slope and best described as the estimate of the cost when there's a visit of an additional customer.
b. How is the letter y in the regression equation best described?
The letter y is the observed store cost for that particular month.
c. How is the letter x in the regression equation best described?
The letter x is the observed customer visit for that particular month.
d. Based on the data derived from the regression analysis, what are the estimated costs for 370 customer-visits in a month?
The estimated cost for 370 customer visit will be:
Y = a + bx
where,
a =$1496
b = $2.08
x = 370 customer visit
Y = $1496 + ($2.08 × 370 customer visit)
= $1496 + $769.6
= $2265.6
e. What is the percent of the total variance that can be explained by the regression equation?
The percent of total variance which the regression equation explain will be:
R2 = 0.86814 or 86.814%