Answer: $324,000
Explanation:
Cedar Corp. paid $432,000 for a year in advance. According to the Accrual principle in Accounting, expenses are to be recorded only when incurred.
The rent will therefore have to be apportioned to the months that it has paid for in the current period.
Rent for year = $432,000
Rent for month = 432,000/12 = $36,000
April - December = 9 months
Rent for the year = 9 * 36,000
= $324,000
Note; <em>Question is about Rent expense which is how much Cedar Corp has paid not about how much they have received. </em>
If a shopkeeper starts to sell the new football, their weekly margins would be:
300 x 40 = $12,000
However, the sales of the lower cost footballs will decrease by:
100 x 20 = $2,000 every week
Hence, the total margin we can generate by selling every week by selling the new footballs is:
12,000-2,000 = $10,000
This means the shopkeeper should actually start selling new footballs since their shop will become more profitable
Answer:
Empowering management style
Explanation:
In simple words, Empowerment relates to the idea in managing that if workers are provided knowledge, support and opportunities while at the identical moment being kept accountable for certain job performance, so they should be more efficient and have greater job fulfillment.
Empowerment is focused on the idea that it represents the willingness of workers to take over more responsibilities. Transformation managers are creating a community that appears motivated and self-directed
Answer:
B) She has been notified by her employer that due to corporate downsizing her position is being eliminated.
Equities carry a high risk and if her high paying job is at risk, she will probably need to reduce her portfolio's risk.
Explanation:
the other options are wrong because:
A) Equities are rebounding slowly after a 2-year slump. <u>⇒ if this is true, then she should be happy with her current portfolio since 80% of it are equities.</u>
C) The father of her children has established trust funds for each of them in the amount of $50,000 each. <u>⇒ if this is true, then she should be happy with her current portfolio since equities carry a higher risk but can also yield much higher returns. She should be OK with the high risk because her children will be covered by the trust fund. </u>
D) She will be remarrying a person of considerable wealth next month. <u>⇒ if this is true, then she should be happy with her current portfolio since equities carry a higher risk but can also yield much higher returns. She should be OK with the high risk because she will marry a wealthy man, so the risk shouldn't be a a problem. </u>
Answer:
a. 4% is a statistic and 1% is a parameter
Explanation:
A statistic is an estimate, for example, something for a sample extended to the entire population. In this problem, we have a shipment of over 1 million parts, and a sample of 100 is selected. Of those, 4% are defective. You have no idea that the 4% is true for the entire population, it is just an estimate. So the 4% is a statistic.
A parameter is something that is a fact about a whole population. For example, no matter the size of the shipment, it will only be accepted if 1% or less of all of the parts are defective. So 1% is a parameter.
So the correct answer is:
a. 4% is a statistic and 1% is a parameter
