I think it’s higher the risk and the lower present value
Answer:
b). 72.458 %
a). 24, 213
Explanation:
1). The second option i.e. 72.458% correctly measures the variance percentage brought in the dependent variable(regressed the quantity demanded) by manipulating the independent variable(price elasticity). The first option is wrong as it shows R multiple which is rather the coefficient. The third and the last options are incorrect as they display the intercept employed to determine the quantity and the key error of calculating the standard deviation.
2). The predicted quantity demanded would be 24,213 if the price is fixed at $7.00.
It can be calculated using the formula;
Quantity demanded = Intercept + (Adjusted R squared * Price coefficient)
∵ Quantity Demanded = 56,400.50 + (7 X -4,598.2)
= 24,213
Answer:
Journal entries for the
Completion of Job 113
Debit Finished Good/Inventory Account $ 5000
Credit WIP JOB 113 Account $ 5000
(In words we will debit finished good account by shifting work in process related to the job 113 in it)
Journal entries for the
Completion and sale of Job 85
Debit Finished Good/Inventory Account $ 3000
Credit WIP JOB 113 Account $ 3000
For sales following two entries will be passed.
Debit Cost of Good Sold Account $ 3000
Credit Finished Good/Inventory Account $ 3000
Debit Cash (or Receivable if credit sale) $ 4500
Credit Sales Account $ 4500
It allows workers to transfer, update, or share files within seconds.
Answer:
does not allow market forces like supply and demand to determine what how much and at what price they should produce goods
