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3 years ago

In general, a larger R squared tends to suggest that:_______.

Business

1 answer:

stiks02 [169]3 years ago

7 0

Answer:

c. the estimated sample regression function explains a greater percentage of the explained variation in y

Explanation:

The above is the reason showing the direct correlation between the sample regression and the R Square value.

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At the beginning of the year, Uptown Athletic had an inventory of $640000. During the year, the company purchased goods costing

Nataly_w [17]

Answer:

Cost of Goods Sold = $1,700,000

Gross Proft = $1,740,000

Explanation:

We solve this assingemtn using the inventory identity:

$$$Beginning Inventory + Purchase = Ending Inventory + COGS$

We post the given and solve for the missing part:

640,000 + 2,020,000 = 960,000 + COGS

COGS = 640,000 + 2,020,000 - 960,000 = 1,700,000

Next we use the COGS value to calculate the gross profit.

$Sales \: Revenues- \: COGS = \: Gross \: Profit$

3,440,000 - 1,700,000 = 1,740,000

8 0

3 years ago

For long-term positive relations, the goal of negotiation should most likely be to ________. a) establish a clear line of commun

slava [35]

Answer:

The correct answer is c) reach a settlement that benefits all parties.

Explanation:

Taking into account the nature of the relationship (long-term), an adequate treatment is exclusively required to achieve broad levels of negotiation. When this process is carried out under a harmonious environment, it is more feasible that part and part objectives can be achieved, which allows negotiations to be carried out in the future for the benefit of both people. A negotiation requires time and studies, for which some claims that harm the establishment of a common good must be lowered.

6 0

3 years ago

On January 1, 2020, Swifty Corporation established a stock appreciation rights plan for its executives. It entitled them to rece

OleMash [197]

Answer:

$620,000

Explanation:

The amount of compensation expense that Korsak should recognize for the year ended December 31, 2022:

= [($34-$20)*124,000*3/4] - [($31-$20)*124,000*2/4]

= [$14*124,000*3/4] - [$11*124,000*2/4]

= $1,302,000 - $682,000

= $620,000

Note: The answer is not included in the option above

4 0

3 years ago

The year-end adjusted trial balance of Hilltoppers Corporation included the following account balances: Cash, $3,600; Equipment,

Galina-37 [17]

Answer:

Explanation:

The preparation of the post-closing trial balance is presented below:

Hilltoppers Corporation

Post-closing trial balance

Particulars Debit Credit

Service revenue $14,600

Cash $3,600

Accounts Payable $1,600

Utilities expense $2,600

Salaries expense $9,600

Equipment $15,600

Common stock $12,000

Retained earnings $4,400

Dividend $1,200

Total $32,600 $32,600

4 0

3 years ago

A produce distributor uses 774 packing crates a month, which it purchases at a cost of $12 each. The manager has assigned an ann

ki77a [65]

Answer:

$444.42

Explanation:

For computing the saving amount, first need to calculate the economic order quantity, total cost etc

The economic order quantity is

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

where,

Annual demand is

= 774 packaging crates × 12 months

= 9,932 crates

And, the carrying cost is

= $12 × 34%

= $4.08

$= \sqrt{\frac{2\times \text{9,288}\times \text{\$29}}{\text{\$4.08}}}$

= 363.37 crates

Now the total cost is

= Annual ordering cost + Annual carrying cost

= Annual demand ÷ Economic order quantity × ordering cost per order + Economic order quantity ÷ 2 × carrying cost per unit

= 9,288 ÷ 363 × $29 + 363 ÷ 2 × $4.08

= $742.02 + $740.52

= $1,482.54

Now the total cost in case of 774 packing crates is

= Annual ordering cost + Annual carrying cost

= Annual demand ÷ Economic order quantity × ordering cost per order + Economic order quantity ÷ 2 × carrying cost per unit

= 9,288 ÷ 774 × $29 + 774 ÷ 2 × $4.08

= $348 + $1,578.96

= $1,926.96

So, the annual saving cost is

= $1,926.96 - $1,482.54

= $444.42

6 0

3 years ago