Actually the quartile represents in what rank or order the
team is when all the goals per team is arranged in ascending order. So for
example since the team is on the first quartile, so this means it is on the 25%
of the ranking. Hence we can say that:
“the team scored fewer goals per game
than 75% of the teams in the league”
Answer:
C) While the domestic airline industry is mostly free from excess capacity, the internet-enabled appliance industry will have new entrants.
Explanation:
While the domestic airline industry is in the maturity stage of the industry life cycle, the internet-enabled appliance industry is in its growth stage. Therefore the statement that can be inferred from the given data is that: while the domestic airline industry is mostly free from excess capacity, the internet-enabled appliance industry will have new entrants.
The major feature of the growth stage in the industry life cycle is market rivalry due to the fact that there is now acceptance of the product, <u>more new entrants join the industry and more intense competition results</u>
Answer: D. Car
Explanation:
The full options for this question includes a fourth option which is option D for Car.
Should this be the case then a car would present the largest income effect if there was a price change.
Goods that are more expensive will present larger income effects because a price change would affect their prices more and make them even more expensive which means that they would be taking more from income and in so doing causing a larger income effect.
(if there is no fourth option for car, use tablet computer instead).
Answer:
$121 unfavorable
Explanation:
The computation of the activity variance is shown below:
Activity variance = Planning budget amount - flexible budget amount
where,
Planning Budget is
= $26,100 + $12.10 × 2000
= $50,300
And,
Flexible Budget is
= $26,100 + $12.10 × 2010
= $50,421
So, the activity variance for personnel expenses is
= $50,300 - $50,421
= $121 unfavorable
Because accrued expenses represent a company's obligation to make future cash payments, they are shown on a company's balance sheet as current liabilities.