Answer:
Conglomerate
Explanation:
A conglomerate is a company that consists of many separate , independent entities. One corporation holds a majority interest in smaller businesses in a corporation, each of which performs business activities separately.
Answer:
Explanation:
a. In a regression equation expressed as y= a + bx, how is the letter b best described?
Here, b is the slope and best described as the estimate of the cost when there's a visit of an additional customer.
b. How is the letter y in the regression equation best described?
The letter y is the observed store cost for that particular month.
c. How is the letter x in the regression equation best described?
The letter x is the observed customer visit for that particular month.
d. Based on the data derived from the regression analysis, what are the estimated costs for 370 customer-visits in a month?
The estimated cost for 370 customer visit will be:
Y = a + bx
where,
a =$1496
b = $2.08
x = 370 customer visit
Y = $1496 + ($2.08 × 370 customer visit)
= $1496 + $769.6
= $2265.6
e. What is the percent of the total variance that can be explained by the regression equation?
The percent of total variance which the regression equation explain will be:
R2 = 0.86814 or 86.814%
Answer and Explanation:
According to the given situation, the Journal entry is shown below:-
Inventory Dr, $20 ($100 - $80)
To Expense $20
(Being inventory for year 2 is recorded)
Here we debited the inventory as it increased the assets and we credited the expenses as it decreased the expenses so that the proper posting could be done
Answer:
import tariff
Explanation:
Actually during the 1990s Japanese cars were subject to import quotas and luxury Japanese cars (13 models) were threatened with a 100% import tariff. Since 1981 until the mid 1990s, total Japanese cars imported to teh USA were limited to 1.68 million per year.
The import quotas resulted in Honda building cars in America and later Toyota followed (now Nissan, Mazda, and Subaru have factories in America). We can say that the policy was successful, since at least the cars were built domestically.
The problem with the import tariffs is that they wouldn't help American industries, the companies that would have benefited were BMW and Mercedes Benz. Lexus and Accura are not even similar to Cadillac and Lincoln, so they are not competitors. Japanese luxury cars compete against German luxury cars, and that was something both governments ended up realizing. It was more of a blackmail in order to increase American exports to Japan than actually axing the cars, since the US knew that the tariffs were illegal (the WTO had warned them already) and they also knew they wouldn't benefit American car manufacturers. The problem with American cars in Japan is that they were not adapted to Japanese roads (they drive on the other side of the road) and they were too large. That is the same problem with European roads, that is why currently only Ford sells cars in Europe, GMC sold its European divisions and Chrysler (even though Italian) didn't sell cars there either.
The answer is a dividend. These companies give their shareholders this payment base on their share of stock. They provided it to show that the company has a stable financial condition. Thus, their trust is gained due to this kind of benefit.