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3 years ago

Rounding off statistics _____.

1 answer:

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Rounding off statistics helps the audience remember them better. There are many things that should be done when talking about statisics and going over them but out of the above choices, the most correct is making sure that the audience remembres and understands the statsitics. Statistics will not be remember by many when they are a long series of numbers even if they are as exact as it can be,

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Blue Spruce Corp. accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Ne

Kruka [31]

Answer:

Company's total inventory 30,850

Camaras: 10,960

Camcorders: 8,850

DVDs: 11,040

Explanation:

Camaras:

cost: 10,960

net realizable value: 12,060

Camcorders:

cost: 8,850

net realizable value: 9,170

DVDs:

cost: 12,100

net realizable value: 11,040

Company's total inventory

10,960 + 8,850 + 11,040 = 30,850

We must pick between the historic cost or the net realizable value the lower. The reasoning behind this is the conservatism accounting principle to keep the assets valued at minimum.

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3 years ago

Assume the following facts are true for 2016: 318 million people lived in the United States. A total of 2,468,435 of these peopl

Gre4nikov [31]

Answer:

The number of people that were at risk for diabetes in 2016 is 289 million people

Explanation:

The number of persons at risk of a health outcome in a population is the difference between the total population and the number of persons that already have the health outcome in the population.

The number at risk of an outcome is calculated at the beginning of the year, before changes occur throughout the progression of the year, to accurately state the number at risk for that research year.

In our example, we will be concerned only about the data gotten at the beginning of the year, and these include;

The total population = 318,000,000 people

Number of persons with diabetes at the beginning of 2016 = 29,000,000 people.

Therefore, number of persons at risk for diabetes in 2016 = The total population - Number of persons with diabetes at the beginning of 2016

= 318,000,000 - 29,000,000 = 289,000,000 (289 million) people).

Note do not confuse this with the risk ratio for diabetes in 2016, which is the ratio of the number with diabetes and the total population.

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3 years ago

In comparing two online e-tailers, Walmart vs. DeepDiscounts, Walmart should be considered the better online business based on b

Maurinko [17]

Answer:

The correct answer is letter "A": True.

Explanation:

Walmart can be considered one of the pioneers when it comes to talking about online business. Its success does not only rely on the deals offered but also in the wide variety of products they sell. It does not imply DeepDiscounts.com is a bad online business but, compared to Walmart, the latter has several steps ahead.

8 0

3 years ago

Sams Publishing recently reported $10,750 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciatio

Svetlanka [38]

Answer:

The free cash flow is $2,300

Explanation:

To compute the free cash flow, we have to apply the formula which is shown below:

= Earning before income and taxes × ( 1 - tax) + amortization & depreciation - capital expenditure - changes in working capital

where,

Earning before income and taxes = Sales - operating cost - depreciation

= $10,750 - $5,500 - $1,250

= $4,000

And other values remain same

Now put these values to the above formula

So, the answer would be equal to

= $4,000 × (1 - 40%) + $1,250 - $1,350

= $2,300

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3 years ago

Financial analysts have estimated the returns on shares of the Goldday Corporation and the overall market portfolio under two ec

Marina86 [1]

Answer:

covariance = 0.0070

Explanation:

Given data :

probability of recession = 0.5 , probability of economic boom = 0.5

For Goldday corporation

During Recession

probability = 0.5

return on stocks = -0.04

expected return = 0.5 * - 0.04 = - 2.00%

deviation 1 = - 7% ( -0.04 - average return )

Prob * deviation ^2 = 0.5 * (- 7% )^2 = 0.002450

During Economic boom

probability = 0.5

return on stocks = 0.10

expected return = 0.5 * 0.10 = 5%

deviation 1 = 0.10 - average return = 7%

Prob * deviation^2 = 0.5 * ( 7%)^2 = 0.002450

Hence for Goldday corporation

average return = ∑ expected returns = 3%

variance = ∑ Prob * deviation^2 = 0.0049

std = √0.0049 = 7%

Note : perform the same calculation for the Market

For Market

average return = ∑ expected returns = 4%

variance = ∑ Prob * deviation^2 = 0.01000

std = √ variance = 10%

Determine the covariance between Goldday and the MARKET

= ∑ ( deviation 1 * deviation 2 * probability )

= recession + economic boom

= ( - 7% * - 10% * 0.5 ) + ( 7% * 10% * 0.5 )

= 0.0035 + 0.0035 = 0.0070 ---------> answer

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3 years ago