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: It would not appear on the statement of cash flows but rather on a schedule of noncash investing and financing activities.
Explanation:
The Statement of Cashflows only contains transactions that spent or brought in cash. It therefore only deals with cash transactions. This is a noncash investing and financing activity and so it will not be recorded in the Cashflow statement.
The way to record this transaction would be to either record it on a schedule of noncash investing and financing activities or it can be included as a footnote at the bottom of the Cashflow statement.
Answer:
Option "A" is the correct answer to the following statement.
Explanation:
It is a situation of evidence hearsay. Eyewitness portraiture in court was not allowable unless it is provided by a law body or rule. So, even if a declaration is very scuttlebutt, if such an exception relates, it is still may be allowable.
In this situation, Dominic's statement against Francis would not be submitted as evidence, because it would be rumor.
Answer:
Price / Earning ratio = 10
Explanation:
the P/E ratio will be determinate as follow:
Thus, the P/E will be 500/50 = 10
the price earning ratio stand for the amount of time required to payback the investment. In this case, 10 years as the market value is 500 dollars and eahc year the share earn 50 dollars
Answer:
(D) Investment income of $99,000 in its income statement.
Explanation:
As Smith buys and sells securities, so the gains arising from the sale of securitiesand share will be reported as Investment Income in the income statement. All the stocks that purchased for trading purpose are reporting on fair market value and all the gains and losses are recorded. The Gain of $99,000 arising from the fair market value adjustment will be reported to income statement.