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3 years ago

Consider the following set of numbers:

Business

1 answer:

zhenek [66]3 years ago

3 0

Answer:

7/10

Explanation:

Given the following set of numbers: {1, 2, 3, 4, 5, 6, 7, 8, 9, 10}

There are 5 even outcomes: {2, 4, 6, 8, 10}

There are 3 multiples of 3: {3, 6, 9}.

Combining these lists we get 7 desired outcomes: {2, 3, 4, 6, 8, 9, 10}

Therefore, the probability of drawing an even number or a multiple of 3 is: (desired outcomes)/(total outcomes) = 7/10

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Do you believe that managers spend most of their time working with employees? Justify your answer.

Nutka1998 [239]

Answer:

the answer could be both yes and no. it depends on the industry and the level of the manager.

Explanation:

Managers in the tech-savy or manufacturing industries spend almost an equal amount of time with both employees, machinery and systems while managers in the services industries such as banking, finance, marketing spend most of their time among the employees and clients.

However, regardless of the industry, people management is the most critical and the vital part of a manager.

5 0

3 years ago

Read 2 more answers

Fine & Funky is a new e-commerce website that sells home decorating items and offers online decorating services. It wants

Veronika [31]

Answer: C. Favorable endorsements from customers' peers

Explanation: Fine and funky's objective to build trust and loyalty among its target group (women aged 35-55 years) will only be achieved within it's target group. Hence, getting a favourable endorsement from her customers' peers will help her achieve this.

6 0

3 years ago

A firm sells a product in a perfectly competitive market. The marginal cost of the product at the current output level of 1,000

Sergio039 [100]

Answer:

The correct answer is "Continue producing 1000 units"

Explanation:

(In a perfect market)

When the price is = marginal cost. This means that if you increase your production, the benefits-profits will be the same as if you produce the same quantity.

When the Price > Marginal cost, means that consumers demand more for that good, so the producer has an incentive to increase the supply

When the Price < Marginal cost, means that production is higher than the consumer's demand. This is an incentive to decrease the supply.

For this case, the best option is to continue producing the same quantity of units, 1000 units

8 0

3 years ago

rion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at t

Akimi4 [234]

Answer:

1. 2,100 units and $28,350

2. 1,170 units

Cost of ending inventory Cost of goods sold

a. FIFO $16,590 $11,760

b. LIFO $15,300 $13,050

c. Weighted Average $12,093 $12,492

Income Statement for the year ended December 31

FIFO LIFO Weighted Average

Sales ($12,600 + $ 26,460) $39,060 $39,060 $39,060

Cost of Goods Sold ($11,760) ($13,050) ( $12,492)

Gross Profit $27,300 $26,010 $26,568

Less Expenses ($18,200) ($18,200) ($18,200)

Net Income / (Loss) $9,100 $7,810 $8,368

5. No Data

6. LIFO

Explanation:

Periodic Method means that inventory valuation is done after a specific period. In this case valuation is being done at year end.

Calculation of the number and cost of goods available for sale

Units Total Costs

Beginning Inventory 300 $4,200

Add Purchases :

April 11 950 $11,400

June 1 850 $12,750

Available for Sale 2,100 $28,350

Ending Inventory units = Units Available for Sale - Units Sold

= 2,100 units - 300 units - 630 units

= 1,170 units

a. FIFO

FIFO stands for First In First Out.

i. Cost of ending inventory

320 units × $12 = $3,840

850 units × $15 = $12,750

Total = $16,590

ii. Cost of goods sold

300 units × $14 = $4,200

630 units × $12 = $7,560

Total = $11,760

b. LIFO

LIFO stands for Last In Last Out

i. Cost of ending inventory

300 units × $14 = $4,200

650 units × $12 = $7,800

220 units × $15 = $3,300

Total = $15,300

ii. Cost of goods sold

300 units × $12 = $3,600

630 units × $15 = $9,450

Total = $13,050

c. weighted average cost

This method recalculates the unit costs after every purchase. Sales are valued at the latest unit costs calculated.

1st calculation : April 11

Unit Cost = Total Cost ÷ Total Number of Units

= ((950 units × $12) + (300 units × $14)) ÷ (1,250)

= $12.45

Sale = 300 × $12.45

= $3,735

2nd Calculation : June 1

Unit Cost = Total Cost ÷ Total Number of Units

= ((650 units × $12.45) + (850 units × $15)) ÷ (1,500)

= $13.90

Sale = 630 × $13.90

= $8,757

ii. Cost of goods sold

Total Cost of Goods Sold = $3,735 + $8,757

= $12,492

i. Cost of ending inventory

Ending Inventory = 870 × $13.90

= $12,093

6 0

4 years ago

?an officer conducting a lineup should allow the defense attorney at the lineup to do all but which of the following?

myrzilka [38]

An officer conducting a lineup should allow the defense attorney at the lineup to do all but B. control any part of the proceedings.
This is what the officer himself or herself is doing - the defense attorney is not allowed to do such a thing. However, they can passively or actively observe the proceedings, take notes, or just record the proceedings in order to revise them later on.

3 0

3 years ago