Answer: hello your question has some missing data attached below is the missing data
answer :
i) The current ratio is higher than lower quartile and this signifies good liquidity position
The Quick ratio is higher than the lower quartile and also higher than the median but it is lower than the upper quartile and this signifies that the value of inventory is been deducted from the current assets. to show solvency position.
ii)
Inventory Turnover Ratio is higher when compared to the industry ratios
Explanation:
<u>i) Based on each ratio </u>
The current ratio is higher than lower quartile and this signifies good liquidity position for east coast yachts but the value of the lower quartile been lower than the median and upper quartile represents a position of lower solvency
The Quick ratio is higher than the lower quartile and also higher than the median but it is lower than the upper quartile and this signifies that the value of inventory is been deducted from the current assets to show solvency position of the company.
<u>ii) The ratio can be interpreted as</u>
Inventory Turnover Ratio is higher when compared to the industry ratios i.e. Inventory is been turned into cash by maximum times/as many times as possible per year.
Companies that use job-order costing make unique products.
<h3>What is job-order costing?</h3>
Job order costing can be defined as a costing method that is used to calculate the cost of each unique item produce or the cost of producing each unique product that is different from the ones in the market.
Example companies can make use of job-order costing when they produce a unique bag or shoe for their customer.
Since this product they produce for this customer is unique, the manufacturer can tend to use job order costing to determine the price or selling price they will to charge the customer.
A company can use a job order cost method if it produce products with unique characteristics.
Inconclusion companies that use job-order costing make unique products.
Learn more about job-order costing here: brainly.com/question/24516871
Answer: more
Explanation: When marginal cost is greater than marginal benefit at the current activity level, the decision maker can increase net benefit by decreasing the activity because Answer total benefit will rise by more than total cost will rise.
Answer:
the probability that exactly 30 of the 500 calculators IS 0.0495
Explanation:
Given data:
number of calculators n = 500,
percentage of defected calculators p = 0.05
From Normal approximation method;
Therefore probability is
P(X= 30) = P(29.5< X< 30.5) ( from continuous correction)
![ =P[\frac{(29.5-25)}{4.87}] < \frac{(X-mean)}{s} < \frac{(30.5-25)}{4.87} =P(0.92](https://tex.z-dn.net/?f=%0A%3DP%5B%5Cfrac%7B%2829.5-25%29%7D%7B4.87%7D%5D%20%3C%20%5Cfrac%7B%28X-mean%29%7D%7Bs%7D%20%3C%20%5Cfrac%7B%2830.5-25%29%7D%7B4.87%7D%0A%3C%2Fp%3E%3Cp%3E%0A%3DP%280.92%3CZ%3C%201.13%29%0A)
=0.0495 (from standard table of Z )
