State two research objectives for each of the research topics?

Suppose that in a certain community, 40% of the residents would answer "yes" to the question, "do you know the names of at least

juin [17]

Answer:

The proportion of people in your sample whose response is yes=40 people

Explanation:

<em>Step 1: Determine the statistical proportion that will say yes</em>

Proportion=40%=40/100=0.4

<em>Step 2: Determine the proportion in the sample that will say yes</em>

The proportion in the sample can be expressed as;

P=S×Z

where;

P=proportion in the sample

S=statistical proportion

Z=sample size

In our case;

P=unknown to be determined

S=40%=40/100=0.4

Z=100

replacing;

Proportion in the sample=0.4×100=40

The proportion of people in your sample whose response is yes=40 people

7 0

3 years ago

You have been provided with the following summarized accounts of Golden Times Ltd. For the year ended 31 March 2000:

daser333 [38]

The computation of the following financial ratios for Golden Times Ltd is as follows:

<h3>(i) Return on capital employed:</h3>

= Profit after tax/Total assets - current liabilities x 100

= 12.44% (Sh 224,000/ Sh 1,800,000) x 100

<h3>(ii) The profit margin:</h3>

= Profit after tax/Sales revenue x 100

= 5.6% (Sh 224,000/Sh 4,000,000 x 100)

<h3>(iii) The turnover of capital:</h3>

= Sales Revenue/Equity

= 2.86 x (Sh 4,000,000/Sh 1,400,000

<h3>(iv) Current ratio:</h3>

= Current Assets/Current Liabilities

= 1.09 (Sh 1,520,000/Sh 1,400,000)

<h3>(v) Liquid ratio:</h3>

= Current Assets less Stocks /Current Liabilities

= 0.37 (Sh 1,520,000 - Sh 1,000,000/Sh 1,400,000)

<h3>(vi) Number of days accounts receivable are outstanding:</h3>

= Average Accounts Receivable/Sales Revenue x 365

= (Sh. 400,000/Sh. 4,000,000 x 365

= 36.5 days

<h3>(vii) Proprietary ratio:</h3>

= Shareholders equity/Total assets x 100

= 43.75% (Sh. 1,400,000/Sh. 3,200,000)

<h3>(viii) Stock turnover ratio:</h3>

= Cost of goods sold / Average stock

= 2.11 x (Sh. 3,000,000/Sh. 1,420,000)

<h3>(ix) Dividend yield ratio:</h3>

= Dividend per share/Price per share

= 5.36% (Sh. 0.268/Sh.5 x 100)

<h3>(x) Price earnings ratio:</h3>

= Market price per share/Earnings per share

= 8.93x (Sh. 5/Sh. 0.56)

<h3>Data and Calculations:</h3>

Golden Times Ltd

<h3>Balance sheet</h3>

As at 31 March 2000

Sh. Sh. Sh.

Fixed Assets:

Freehold property (Net Book Value) 480,000

Plant and machinery (Net Book Value) 800,000

Motor Vehicle (Net Book Value) 200,000

Furniture and fittings (Net Book Value) 200,000

1,680,000

Current Assets:

Stocks 1,000,000

Debtors 400,000

Investments 120,000

1,520,000

Current Liabilities:

Trade creditors 338,400

Bank overdraft 878,400

Corporation tax 176,000

Dividends payable 107,200 1,400,000 120,000

1,800,000

Financed by:

Authorized share capital – 800,000

Sh. 1 ordinary shares

Issued and fully paid: 400,000 Sh.1 400,000

Ordinary shares

Capital reserve 200,000

Revenue reserve 800,000

Loan capital: 400,000 10% Sh. 1 Debentures 400,000

1,800,000

Golden Times Ltd

<h3>Profit and loss account</h3>

For the year ended 31 March 2000

Sh.

Sales (credit) 4,000,000

Profit after charging all expenses except interest on 440,000

debentures

Less: Debenture interest (40,000)

Profit before tax 400,000

Corporation tax 176,000

Profit after tax 224,000

Less: Ordinary dividend proposed (107,200)

Retained profit transferred to revenue reserve 116,800

Beginning stock = Sh. 1,840,000 (Sh. 3,000,000 + 1,000,000 - 2,160,000)

Average stock = Sh. 1,420,000 (Sh. 1840,000 + Sh. 1,000,000)/2

Dividend per share = Sh. 0.268 (Sh 107,200/400,000)

Earnings per share = Sh. 0.56 (Sh. 224,000/400,000)

Learn more about financial ratios at brainly.com/question/17014465

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7 0

1 year ago

Stock may be described as:_________

nydimaria [60]

Answer:

a. an ownership interest in the corporation.

Explanation:

Stock refers to the stake of the owners of a corporation in the company.

It is sometimes referred to as shares or owner's equity and the owners of stock are called shareholders.

Stock therefore may be described as an ownership interest in the corporation represented as equity in the financial statement.

Option a is right.

5 0

3 years ago

An economy that has government collecting taxes and making regulations is called a

Zina [86]

Answer:

If I recall it may be called Revenue.

Explanation:

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3 0

3 years ago

Speedy Delivery Company purchases a delivery van for $32,000. Speedy estimates that at the end of its four-year service life, th

RSB [31]

Answer:

(1) Straight-line.

Year 1 depreciation expense = $6,500

Year 2 depreciation expense = $6,500

(2) Double-declining-balance.

Year 1 depreciation expense = $16,000

Year 2 depreciation expense = $8,000

(3) Activity-based.

Year 1 depreciation expense = $7,000

Year 1 depreciation expense = $7,600

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Speedy Delivery Company purchases a delivery van for $32,000. Speedy estimates that at the end of its four-year service life, the van will be worth $6,000. During the four-year period, the company expects to drive the van 130,000 miles. Actual miles driven each year were 35,000 miles in year 1 and 38,000 miles in year 2.

Required:

Calculate annual depreciation for the first two years of the van using each of the following methods.

(1) Straight-line.

(2) Double-declining-balance.

(3) Activity-based.

The explanation of the answers is now given as follows:

(1) Straight-line.

Depreciable amount = Cost of the delivery van – Salvage value = $32,000 - $6,000 = $26,000

Annual depreciation rate = 1 / Number of useful years = 1 / 4 = 0.25, or 25%

Year 1 depreciation expense = Depreciable amount * Annual depreciation rate = $26,000 * 25% = $6,500

Year 2 depreciation expense = Depreciable amount * Annual depreciation rate = $26,000 * 25% = $6,500

(2) Double-declining-balance.

Note: The salvage value is taken care of in the computation of the depreciation expense for the last useful year under the double-declining-balance method.

Therefore, we have:

Cost of the delivery van = $32,000

Annual depreciation rate = Straight line annual depreciation rate * 2 = 25% * 2 = 50%

Year 1 depreciation expense = Cost of the delivery van * Annual depreciation rate = $32,000 * 50% = $16,000

Book value at the end of year 1 = Cost of the delivery van - Year 1 depreciation expense = $36,000 - $16,000 = $16,000

Year 2 depreciation expense = Book value at the end of year 1 * Annual depreciation rate = $16,000 * 50% = $8,000

(3) Activity-based.

Depreciable amount = Cost of the delivery van – Salvage value = $32,000 - $6,000 = $26,000

Depreciation rate = Actual miles driven each year / Expected driven miles for four years ……….. (1)

Depreciation expense for each year = Depreciable amount * Depreciation rate …………… (2)

Using equations (2), we have:

Year 1 depreciation expense = $26,000 * (35,000 / 130,000) = $7,000

Year 1 depreciation expense = $26,000 * (38,000 / 130,000) = $7,600

5 0

2 years ago