Answer:
$24.7million
$97.86million
$9.89million
Explanation:
From the sample , the lowest number is 16.3 and the highest number is 41, the range is
41-16.3
=$24.7 million
Σ
In the sample given the mean is . : (41 +40 +38+ 32+ 23+ 22+ 20+ 18+ 17.8 +16.3 )/10
mean=26.81
Using that, we can find the variance:
[(41-26.81)^2+(40-26.81)^2+(38-26.81)^2+(32-26.81)^2+(23-26.81)^2+(22-26.81)^2+(20-26.81)^2+(18-26.81)^2+(17.8-26.81)^2+(16.3-26.81)^2]/10=97.86million
The standard deviation is just the square root of the variance:
standard deviation=√(var)
, the standard deviation is the square root of 97.86, which equals $ 9.89 million
Answer:
1. 2,100 units
2. $25,200
3. 2,300 units and $27,600
Explanation:
The break-even point is the level of sales at which the business incur no profit no loss.Fixed and variable costs are covered at this level of sales.
Contribution Margin = Sale price - variable cost = $12 - $9 = $3
Contribution Margin ratio= Contribution Margin / Sale price = $3 / $12 = 25%
1.
Break-even point = Fixed cost / Contribution margin = $6,300 / $3 = 2,100
2.
Break-even point = Fixed cost / Contribution margin ratio = $6,300 / 25% = $25,200
3.
Fixed Cost = $6,300 + $600 = $6,900
Break-even point = Fixed cost / Contribution margin = $6,900 / $3 = 2,300 units
Break-even point = Fixed cost / Contribution margin ratio = $6,900 / 25% = $27,600
Answer:
B) Factor the receivables outstanding.
Explanation:
Red can sell its accounts receivable to a factoring company. A factoring company buys accounts receivables and then collects them. Of course the price that they pay for the accounts receivable includes a certain discount on the total amount. If Red sells its accounts receivables it must report the factoring expense which reduces the total amount collected of accounts receivables.
A gorgeously designed office can help with talent retention and recruitment. New offices nowadays might have cubicle-free cubelands, officeless offices, and collaborative spaces that are just enclosed by glass walls. Particularly to potential employees coming in for an interview, these workspaces undoubtedly seem distinctive and convey a strong message about the corporate culture.
These open offices certainly have a number of advantages. Natural light is important because, people who work in artificial light start to feel sleepy earlier than those who operate in natural light. Studies comparing persons with and without views of nature, as opposed to views of built environments or none at all, have revealed that having a view of nature increases workers' physical health and reduces their levels of frustration.
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Answer: a) Cyclically unemployed
b)Frictionally Unemployed
c) Structurally Unemployed
Explanation:
First off let us define each.
Frictional Unemployment is the simple movement of people from one job to another or simply people entering the job market for the first time.
Structural Unemployment is as a result of people losing jobs due to a mismatch in skill or preference as well as the rise of technological or Economic Advances.
Cyclical Unemployment occurs when people lose jobs because the Economy is see hard times and cannot give people full employment.
Now that we have a rudiment grasp, let us categorize.
a. Lucia is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full-time job. CYCLICALLY UNEMPLOYED.
b. Ginny is a physician who has decided to relocate to California to be closer to her family. She is currently interviewing with several prestigious hospitals in the San Francisco Bay Area. FRICTIONALLY UNEMPLOYED.
c. Eric left his job as a plumber when his wife took a position in another region. The quantity of plumbing services demanded is considerably lower in the new region, in part because of high, union-negotiated wages. He would like to work at the high union wage but remains unemployed due to a lack of plumbing jobs. STRUCTURALLY UNEMPLOYED.
If you need any clarification do comment.