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Semmy [17]
2 years ago
15

The annual dividend rates for a random sample of 16 companies in three different industries, utilities, banking, and insurance,

were recorded. The ANOVA comparing the mean annual dividend rate among three industries rejected the null hypothesis that the dividend rates were equal. The mean square error (MSE) was 3.36. The following table summarized the results:
Utilities Banking Insurance
Number Sampled 5 5 6
Mean Annual Dividend Rate 11.62 15.4 17.4
Based on the comparison between the mean annual dividend rate for companies in utilities and banking, the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This result indicates that _______.

Multiple Choice

A. the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry

B. the annual dividend rate in the banking industry is significantly less than the annual dividend rate in the utilities industry

C. there is no significant difference between the two rates

D. the interval contains a difference of 5.00
Business
1 answer:
lubasha [3.4K]2 years ago
4 0

Based on the information given, the results show that A.The annual dividend rate in the utility industry is significantly less than the annual dividend rate in the banking industry.

A dividend rate simply means a financial ratio that is important as it shows how much a company pays out in dividends every year relative to the stock price of the company.

In this case,  the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This implies that the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry.

Learn more about dividends on:

brainly.com/question/3161471

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Suppose that on January 6, 2018, Excel Motors paid $240,000,000 for its 45% investment in Dynamic Motors. Excel has significant
Ivenika [448]

Answer: provided in the explanation segment

Explanation:

To begin we will answer each part accordingly.

For Requirement 1 :  

I would say that Excel Motors should use the Equity method to account for its investment in Dynamic Motors, because the investment results in significant influence over the investment company.

For Requirement 2 :  

In the books of Excel Motors: we have that;

Transaction/ Event   Date Accounts&Explanation   Debit ($

)  Credit($

)

    1.     Jan 6, 2018   Investment in Associate 240,000,000    

                                                        Cash                            240,000,000

Accnt&Explan: To record cash paid for equity investment in Dynamic Motors.  

   

    2.              Cash ( $ 15,000,000 x 45%)      6,750,000  

                        Investment in Associate                         6,750,000

Accnt&Explan:To record dividend received in cash from Dynamic Motors  

   

3. Investment in Associate ( $ 10,000,000 x 45%) 4,500,000  

                                           Investment Revenue                        4,500,000

Accnt&Explan:To record income earned on equity investment

For Requirement 3:

 Equity Investment in Dynamic Motors:

               Cash      240,000,000           Cash                 6,750,000

Investment Income 4,500,000  

                                                                       Ending Balance 237,750,000

                                      244,500,000  244,500,000

The balance would be classified as a non-current asset on the balance sheet dated December 31, 2018

cheers i hope you understand, this is actually in a tabular form.

8 0
3 years ago
A change in the relative price of one good versus another will cause a change in marginal product and the allocation of labor re
kakasveta [241]

Answer:

The correct answer is: increase relative to Industry B.

Explanation:

The marginal revenue product measures the conribution of each additional unit of input employed in the production process. It is calculated as the product of price of product and marginal product of input.

The profit maximizing level of wage is when the marginal revenue product of labor is equal to wages.

Suppose there are two goods, A and B respectively.

When the price of good A increases relative to good B, the marginal revenue product of labor employed in production of good B will increase as well.

This will cause the wage rate of those workers to increase in comparison to workers in industry B.

4 0
3 years ago
Dennis, age 25, needs lifetime life insurance protection. His agent showed him a chart displaying yearly renewable term premiums
Sveta_85 [38]

Answer:

Dennis, age 25, needs lifetime life insurance protection. His agent showed him a chart displaying yearly renewable term premiums and level-premiums for the next ten years. The level premiums were always higher than the yearly renewable term premiums. Based on this chart, Dennis is convinced he should purchase yearly renewable term insurance. What is Dennis overlooking?

"Age" and "Amount of coverage" is the important factor that is being overlooked.

Explanation:

"Age" and "Amount of coverage" is the important factor that is being overlooked.

In level premium insurance, premium prices remain unchanged throughout the term whereas, in yearly renewable term premiums, premium rates rise as the policies age.

Additionally, in level premium, the amount of coverage offered increases over time at no additional expense.

4 0
3 years ago
At Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shi
matrenka [14]

Answer:

Theory X.

Explanation:

In this scenario, Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shift get their breaks at a reasonable time. In fact, he claims he is hard pressed to determine which one has "worked hard enough" to even deserve a break. Earlier today, Eon remarked, "I've never met one that likes this job! They're only biding their time and here for the money." Eon's managerial style would be classified as Theory X.

Douglas McGregor developed the theory x and y in the 1950s while working at the MIT Sloan school of management.

Theory X suggests that employees working in a particular organization dislike work, possess minimal ambition, and are generally not willing to take up responsibility.

Hence, with the Theory X it is very important and essential that these employees be supervised and rewarded externally with prizes and punishment should be used when they err.

4 0
3 years ago
The Vitamin Shoppe sells natural vitamins and supplements. Product prices are adjusted frequently to meet the needs of individua
Anna11 [10]

Answer:

Dynamic Pricing

Explanation:

Dynamic pricing is the price set to reflect the changes in environment factors and factors that are included in the company's corporate policies. In the above scenario, the company has set a different price in different scenario. The normal customer who visits the store fewer times are not given any discounts however the permanent customer is given discount. This is because of the changes in customer loyalty factor. The company is charging different in different scenarios which means it is pursuing Dynamic Pricing strategy.

6 0
3 years ago
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