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Step2247 [10]
2 years ago
11

Suppose that we want to estimate the effects of alcogol consumption (alcohol) on college grade point average (colGPA. In additio

n to collecting information on GPAs and alcohol consumption, we also obtain attendance information (percentage of lectures attended, attend). A standardized test score, SAT, and high school GPA (hsGPA) are also available.
a. Should we include attend along with alcohol as explanatory variables in a multiple regression model? (Think about how you would interpret ????alcohol.)
b. Should SAT and hsGPA be included as explanatory variables? Explain.
Business
1 answer:
Galina-37 [17]2 years ago
3 0
You should do it yourself because it’s asking for your opinion not mine so in order for it to be correct it needs to come from you
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Prior to the merger, Firm A has $1,250 in total earnings with 750 shares outstanding at a market price per share of $42. Firm B
Julli [10]

Answer:

E) $2.31

Explanation:

Shares offered to Firm B = Shares outstanding * 0.5

= 220 * 0.5

= 110 shares

Total shares of firm A after merger = Shares outstanding before merger + Shares offered to Firm B

= 750 + 110

= 860 shares

Total earnings of firm A after merger = $1,250 + 740

Total earnings of firm A after merger = $1,990

Earnings per share of firm A after merger = Total earnings of firm A after merger / Total shares of firm A after merger

Earnings per share of firm A after merger = $1,990 / 860

Earnings per share of firm A after merger = $2.31 per share

6 0
3 years ago
Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War
Diano4ka-milaya [45]

Answer:B

Explanation: :)

7 0
3 years ago
When a firm operates under conditions of monopoly its price is:?
Amiraneli [1.4K]
Havent you played monoply?
4 0
3 years ago
The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $60 a night. Operating costs a
Juli2301 [7.4K]

Answer:

The Soma Inn

a. Determination of the inn's break-even point:

1. number of rented rooms per month:

= Fixed Costs/Contribution per room

= $14,400/$18

= 800 rooms

2. dollars:

= Fixed Costs/Contribution margin ratio per room

= $14,400/0.3

= $48,000

2. Renting average of 50 rooms per day,

a) Monthly margin of safety in dollars

Current Sales = 50 rooms x $60 x 30 days = $90,000

Break-even Sales = $48,000

Margin of safety = Current Sales minus Break-even Sales

= $42,000 ($90,000 - $48,000)

b) Margin of safety ratio:

= Margin of safety/Current Sales x 100

= $42,000/$90,000 x 100

= 46.67%

Explanation:

a) Data and Calculations:

Fixed costs:

Salaries       $9,700 per month

Utilities          2,700 per month

Depreciation 1,300 per month

Maintenance   700 per month

Total         $14,400 per month

Variable costs:

Maid service  8 per room

Other costs 34 per room

Total          $42 per room ($3,150 = $41 x 75 rooms)

Rent          $60 per room ($4,500 = $60 x 75 rooms)

Contribution per room = $18 ($60 - $42)

Contribution per night = $1,350 (75 x $18)

Contribution margin ratio per room = Contribution per room margin/Rent per room x 100

= $18/$60 x 100

=  0.3 or 30%

The Soma Inn's contribution margin per room is equal to the rent per room minus the variable cost per room.  Similarly, the contribution margin ratio per room is the contribution margin per room divided by the rent per room, and then multiplied by 100.

The Soma Inn's margin of safety is the difference between the rent per month and the break-even sales.  The Margin of safety ratio for the Inn is the ratio of current sales minus the breakeven sales, and then divided by current sales, multiplied by 100.

c) Once the purchases of merchandise have been computed, to compute the cost of goods sold becomes easier.  The cost of goods sold for Ahmed Company is the difference between the cost of goods available for sale and the ending inventories of merchandise.

8 0
3 years ago
Which aspect of the Omnibus Trade and Competitiveness Act allows a U.S. president the authority to restrict sales of a country’s
Kipish [7]

Answer:

Market Access

Explanation:

Based on the information provided within the question it can be said that the aspect that is being mentioned is known formally as Market Access. This term refers to the process of making sure that anyone who may benefit has fast and easy access to the brands that are being sold and at the correct price, and that there are no unfair restrictions being imposed.

3 0
3 years ago
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