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3 years ago

11

When a customer exits the queue, there are two possible outcomes. One is a chance that the customer may return to the source pop

ulation to be served again. What is the other

1 answer:

Elena L [17]3 years ago

8 0

Answer:

there is a low chance of reservice

Explanation:

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Which of the following statements is NOT true? Group of answer choices Intelligent investors must be concerned about future afte

umka2103 [35]

Corporate dividends are always paid in cash is not true among the given statements.

<u>Explanation:</u>

Corporates dividends are not always paid in cash sometimes they are paid in merchandise or as other assets. Dividends are earnings which corporations distribute to its stockholders and they are charge against the profit which the corporation generated over the specified period.

They are charged on the stock which is owned by all the shareholders/stockholders or other investors. The period which dividends are paid differs from one corporation to another. Some companies pay annually while others opt for quarterly payments or pay after 3 months.

7 0

3 years ago

During its first year of operations, Ivanhoe Company had credit sales of $2,781,600, of which $368,300 remained uncollected at y

Sergeeva-Olga [200]

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr $19,340

To Allowance for doubtful debts $19,340

(Being estimated uncollectible amount is recorded)

For recording this journal entry, we debited the bad debt expense account and credited the Allowance for doubtful debts so that the amount is correctly recorded in the correct item.

7 0

4 years ago

Jerome's Italian Pizza is in a very competitive industry, and its upper management believes that it can achieve higher profits b

Troyanec [42]

Answer:

That statement is true

Explanation:

Strategic goal is the type of goal that is carefully designed to accomplish a business strategy, This type of goals need to express the desired outcome that wanted be achieved and listed a specific set of actions that can make the company achieve that outcome. Strategic goal commonly created when a company want a more concrete way to measure its success compared to other competitors.

This can be seen in Jerome's italian pizza.

"Increase profits by 15% a year for each of the next five years" is what considered to be the desired outcome.

lowering costs and prices, providing quicker delivery, and providing good customer service are the Sets of action that the company intended to take.

3 0

4 years ago

The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2016, they spend a total of $250 fo

kari74 [83]

Answer:

10%

Explanation:

Price of One Unit of Good= Total Spending ÷ Total Quantity

In 2016,

They spend a total of $250 for 100 heads of cauliflower

Price of One Unit of Cauliflower=250÷100=$2.50 per unit

$100 for 50 bunches of broccoli,

Price of One Unit of Brocolli =100÷50=$2 per unit

$250 for 500 carrots

Price of One Unit of carrot =250÷500=$0.50 per unit

In 2017,

They spend a total of $210 for 60 heads of cauliflower

Price of One Unit of Cauliflower=210÷60=$3.50 per unit

$180 for 90 bunches of broccoli,

Price of One Unit of Brocolli =180÷90=$2 per unit

$270 for 450 carrots

Price of One Unit of carrot =270÷450=$0.60 per unit

$\left\begin{array}{cccc}Year & Cauliflower & Broccoli & Carrot \\ 2016 & 2.50 & 2.00 & 0.50 \\ 2017 & 3.50 &2.00 & 0.60 \end{array} \right$

Using 2016 as the base year, the CPI for 2016 is 100,

Therefore the CPI for 2017:

$\frac{210 + 180 + 270}{250 + 100 + 250} X 100 = \frac{660}{600} X 100 =110$

Therefore the inflation rate in 2017 using the CPI is:

Inflation rate = $\frac{110-100}{100} X 100$ = 10%.

5 0

4 years ago

Revenue and expense data for Young Technologies Inc. are as follows:

fenix001 [56]

Answer:

Young Technologies Inc.

a. Income Statement

Year 2 % Year 1 %

Sales $500,000 100% $440,000 100%

Cost of goods sold 325,000 65% 242,000 55%

Gross profit $175,000 35% $198,000 45%

Selling expense 70,000 14% 79,200 18%

Administrative expenses 75,000 15% 70,400 16%

Income before tax $30,000 6% 48,400 11%

Income tax expense 10,500 2% 16,400 4%

Net income $19,500 4% 32,000 7%

b. The cost of goods sold for Young Technologies Inc. increased by 10 percentage points whereas the gross profit declined 10 percentage points in year 2. Income before tax in year 2 declined 5 percentage points from the year 1 pre-tax income. Also, there was a decline in the net income in year 2 of about 3 percentage points when compared to year 1's.

Explanation:

a) Data and Calculations:

Year 2 Year 1

Sales $500,000 $440,000

Cost of goods sold 325,000 242,000

Selling expense 70,000 79,200

Administrative expenses 75,000 70,400

Income tax expense 10,500 16,400

7 0

3 years ago