Given:
n = 4000, sample size
p = 16% = 0.16, the proportionof theose who watch60 minnures.
Confidence interval (CI) = 95%
The z* parameter is 1.96 for 95% CI, so the confidence interval is
That is
0.16 +/- 1.96*√[(0.16*0.81)/4000]
= 0.16 +/- 0.114
= (0.1486, 0.1714)
Answer:
The 95% confidence interval is approximately (15%, 17%) or 15% ≤ p ≤ 17%.
Note:
To correct for the fact that we are using a discrete distribution to match a continuous distribution, it is customary to subtract 0.5/n from the lower limit and to add it to the upper limit.
If this correction is applied, the 95% confidence interval becomes
(0.1486-0.5/4000, 0.1714+0.5/4000)
= (0.1485, 0.1715)
or
15% ≤ p ≤ 17%
The correction does not affect the result in a significant way.
Answer:
15.16 percent
Explanation:
Debt Equity ratio measures the ratio of the debt to its equity.
Formula for debt equity ratio is as follow
Debt / Equity ratio = Debt of the company/ Equity of the company
As per given data
Equity = $383,333.33 + 0.31($61,000) = $402,243
Debt = $61,000
Placing values in the formula
Debt / Equity ratio = $61,000 / $402,243
Debt / Equity ratio = 15.16%
Answer:
a. It should record revenue on a monthly basis
The Revenue Recognition principle in accounting posits that revenue should only be recognized after the goods and services that the revenue was paid for, have been delivered.
Seacoast Magazine has not delivered the magazine and will do so monthly for 18 months. It should therefore apportion profits to those months and only recognize the profit after the magazines are delivered.
b. Amount of revenue for 8 issues:
= 36/ 18 issues * 8 issues
= 2 * 8
= $16
Answer:
The correct answer is option B.
Explanation:
A price elasticity of demand is always negative for normal goods. It indicates that the price increase causes demand to fall.
The price elasticity less than 1 means demand is less elastic or inelastic. In other words, a change in price will lead to a smaller change in demand.
Similarly, a price elasticity greater than 1 means demand is highly elastic. So a change in price will lead to a greater change in demand.
Since, afternoon shows have less elastic or inelastic demand, the theatre should charge higher price for them.
While, the evening shows are highly elastic so the theatre should charge lower price.
In this way theatre can maximize total revenue.
Answer:
Therefore, the Salary that Gander Corporation Pay Patrick during the Period without Negative Tax effects is $15,000.
Explanation:
Calculation of the Salary that Gander Corporation Pay Patrick during the Period:
December 1 through December 31 of the Current Year is One Month, They have to Pay 1/12 of the following year tax:
The salary for the deferral period (December 1 through December 31) must be at least proportionate to the employee’s salary received for the fiscal year.
Gander Corporation must pay the amount to Patrick during the Period December 1 through December 31, to permit the continued use of its fiscal year without negative tax effects is as follows,
$180,000 *1/12 = $15,000
