Answer:
A) (71.0,99.0)
Explanation:
To calculate the confidence interval we can use the following formula:
mean distance +/- (t-score x standard deviation) / √sample size
85 +/- (1.753 x 32) / √16
85 +/- 56.06 / 4
85 +/- 14.024
minimum = 85 - 14 = 71
maximum = 85 + 14 = 99
Answer:
0.57 and 9.24 times
Explanation:
The computation is shown below:
a. Debt to equity ratio
= Total Liabilities ÷ Share holders' equity
= $2,400,000 ÷ $4,200,000
= 0.57
And, the times interest earned ratio is
= EBIT ÷ interest expense
where,
EBIT is
= Net income + taxes + interest
= $496,500 + $203,500 + $85,000
= $785,000
And, the interest expense is $85,000
So, times interest earned ratio is
= $785,000 ÷ $85,000
= 9.24 times
We simply applied the above formulas
Plus the year is 2019 not 2016
Answer:
limited problem solving is the correct answer.
Explanation:
Answer:
The answer is setup cost (option C)
Explanation:
Setup cost is simply the cost that comes with the setting up or configuration of production equipment, tools or machines that are needed to produce an item.
This kind of costs are often incurred when assembly or production lines of a factory have been changed. Thus, there is a need to spend money on securing the services of a setup mechanic as well as testing the first output in order to be sure that the equipment, tools or machines have been set up properly.