Answer:
The revenue will be recognized on the June 25th
Step-by-step explanation:
Data provided in the question:
Date on which the order for 500 cupcakes was received is <u>June 1st</u>
Date on which the order for 500 cupcakes was delivered is <u>June 25th</u>
Date on which the deposit of $50 was received is June 5th
Date on which the remaining $450 was received is June 30th
Now,
Revenue is always recognized as and when revenue generated and order completes.
Therefore,
In the given question, the order was delivered on June 25th
Hence,
The revenue will be recognized on the June 25th
Answer:
Correlation requires both variables to be quantitative.
Step-by-step explanation:
The correlation coefficient measures the strength of relationship between two quantitative variables. In the given scenario correlation between sex of American workers and their income is computed and indicated that there is a high correlation between them. The sex of American worker is a categorical variable or a qualitative variable while income of American worker is a quantitative variable. The correlation between a quantitative variable and a qualitative variable can't be computed. So, the statement explains the blunder in the given scenario is "Correlation requires both variables to be quantitative".
The decimal multiplier to decrease by 30 is .7
