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Aloiza [94]
3 years ago
7

A maker of frozen meals claims that the average caloric content of its meals is 400, and the standard deviation is 15. a researc

her tested 16 meals and found that the average number of calories was 350. identify the claim.
Business
1 answer:
Zolol [24]3 years ago
4 0
<span>Your second sentence is indeed the claim, "A maker of frozen meals claim that the average caloric content of its meals Is not 400." Now you can talk about your null and alternative hypotheses (H0 and Ha respectively). Since your null must contain an equals sign it will be H0 = 400. Your alternative will be testing the claim and therefor read Ha ≠400</span>
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Your savings account currently has a balance of $32,300. You opened the savings account two years ago and have not added to the
Flura [38]

Answer:

Original deposit= $31,045.75

Explanation:

Giving the following information:

Your savings account currently has a balance of $32,300.

You opened the savings account two years ago.

Interest rate= 2 percent, compounded annually

To calculate the original sum we need to use the following formula:

PV= FV/(1+i)^n

PV= 32,300/(1.02^2)= $31,045.75

5 0
3 years ago
Heims is an automobile manufacturing company. When the sales team in the company gets an order, the information reaches all asso
Hoochie [10]

Answer:

Enterprise resource planning system.

Explanation:

Heims seems to be using an enterprise resource planning (ERP) system to let relevant department members access to order status and fulfillment. It is not a customer relationship management (CRM) system, since this system is primarily used to manage the current customer relationship and to generate new sales lead. A CRM system is usually used by the sales team only, while ERPs are inter-departmental. It is most definitely not a risk and threat or environment and disaster management system, since the scenario occurring in Heims has do not require these systems.

5 0
3 years ago
Wu Production Company, which uses activity-based budgeting, is in the process of preparing a manufacturing overhead budget. Whic
creativ13 [48]

Answer:

Option which would likely appear on that budget will be:

Batch level costs: production setup.

Explanation:

Here the company uses activity based budgeting is a management accounting tool which new year budget is only seen by not considering the previous year records.

 Activity based budgeting which  is  a budgeting method in which firstly the overhead costs are being calculated and the the budgets gets created.

Batch-level cost is a cost which is not associated with any given specific individual units but is associated with a group of units.

For example, to set up a production run the cost incurred is associated with the batch of goods that are produced subsequently.

Another example can be be procurement costs. The expenses associated with the procurement costs include the  ordering of direct materials, paying suppliers and receiving goods.

Since all of the expenses are related to the orders placed numbers, they must be allocated not to an individual product but to group of unit.

6 0
3 years ago
Based on what we have learned about shortages and surpluses in a market, which one do you think is more harmful to the overall e
charle [14.2K]

Answer:

A surplus of a good

Explanation:

Although we think that having a lot of something sounds like a good idea that is not always the case. Sometimes its better to have less of an item but therefore sell it for. For example when there was a shortage of hand sanitzer, masks and toilet paper people bought more of it for a higher price because they were afraid not to have enough. A surplus can take up a lot of storage and use up a lot of money. For example if a car manafacturer has a surplus of cars they are just sittinng there taking up space in a lot that needs to be payed for and mantained. I find it is especially bad if there are lot of that item and people are not interested in purchasing it. The company would be losing money because they would be most likely selling it at a lower price. Therefore the economy would be losing money while during a shortage they would be gaining money.

4 0
3 years ago
Liquidity Management. Bauman Company's total current assets, total current liabilities, and inventory for each of the past four
Reil [10]

Answer:

Current Ratio   1,88   1,74    1,79      1,55

Quick Ratio             1,22       1,19     1,24      1,14

<u>The Company liquity decrease over time</u>

<u />

During 2012-2015 The Company adquire more assets on account because both increase in a similar ammount

The Company's liquity is enought to cover their obligation so it is facing no problem of liquity

The Inventory TO being lower is a sing that if the company makes the endeavor of increase their sale it will increase their liquity. So it could be see as a good sing, because they have room to improve and generate more cash.

Explanation:

The Current Ratio will be:

\frac{currentassets}{currentliabilities}

Remember that:

<em>current assets:</em> concepts that are cash or will become cash within a year.

<em>current laibilities: </em>obligation to pay or do that will be settle within a year.

Year           2012      2013    2014    2015

Assets        16950 21900 22500 27000

Liabilities 9000 12600 12600   17400

Current Ratio   1,88   1,74    1,79      1,55

Now the Quick Ratio will be:

\frac{currentassets-inventory}{currentliabilities}

This is a more harder ratio, because we are asking, what would happen if the company doesn't convert any of their inventory in cash within a year.

Year                   2012 2013 2014 2015

Assets                 16950 21900 22500 27000

Inventory          6000   6900   6900    7200

Quick Assets         10950 15000 15600  19800

Liabilities           9000 12600 12600   17400

Quick Ratio             1,22       1,19     1,24      1,14

<u>The Company liquity decrease over time</u> as you can see.

Inventory TurnOver:

Sales / Average Inventory

This is a value to check how many times the company is selling their inventory, a high value means it is selling their inventory fast, and thereforetheir inventory cost for keeping the merchandise, lower.

If the value is lower it may mean that the company is stocking in excess or it may be having problems doing sales.

The Bauman Company is having a lower rotation than the industry so it may be cause their inventory is higher than other industries or it may not be doing quite well on the marketing department.

7 0
4 years ago
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