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tiny-mole [99]
3 years ago
13

Rounding off statistics _____.

Business
1 answer:
Delicious77 [7]3 years ago
7 0

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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Required:
olga55 [171]

Answer:

Find below the variables missing from the question:

Selected sales and operating data for three divisions of different structural engineering firms are given as follows :

                                              Division A Division B Division C

Sales                               $5,800,000 $9,800,000 $8,900,000

Average operating assets $1,450,000 $4,900,000 $2,225,000

Net operating income         $284,200 $872,200 $191,350

Minimum required rate of return 18.00% 17.80% 15.00%

On the basis on return on investment Division A is preferred

On the basis of residual income Division A is also preferred

Explanation:

Return on investment is the net operating income compared to the average operating assets in the year:

Division A return on investment=$284,200/$1,450,000=19.6%

Division B return on investment=$872,200/$4,900,000=17.8%

Division C return on investment=$191,350/$2,225,000 =8.60%

Residual income=net operating income-(required rate of return*average operating assets

Division A residual income=$284,200-(18%*$1,450,000)=$23200

Division B residual income=$872,200-(17.80%*$4,900,000)=$0

Division C residual income=$191,350-(15%*$2,225,000)=$=$191,350-(15%*$2,225,000)

4 0
2 years ago
Identify each of the following features as applying more to job order operations, process operations or both job order and proce
Fynjy0 [20]

Answer:

Identification of Features Applying More to Job Order Operations, Process Operations, or Both:

Features  

1. Cost object is a process.                                  Process Operations

2. Measures unit costs only at period-end.        Process Operations

3. Uses indirect costs.                                          Both

4. Transfers costs between Work in              

   Process Inventory accounts.                            Process Operations

5. Uses only one Work in Process account.       Job Operations

6. Uses materials, labor, and overhead costs.    Both

Explanation:

The main difference between the two operations is the manner costs are accumulated.  Job operations accumulate costs for different jobs that are not similar.  Process operations accumulate costs to show the process a product passes through.  The product of a process operation is not unique like the product of a job operation.

6 0
2 years ago
Marine Expeditors has three divisions. Division A is the core of the business and represents 80 percent of the firm's operations
siniylev [52]

Answer: 100%

Explanation:

The Weighted Average Cost of Capital calculates the required return needed to fund any of the company's projects because it shows the cost of capital of raising funds for that project.

The cost does not increase or decrease based on the proportion of a business that a department is as any department/ project will incur that cost. The cost of the new project will therefore be the same as the company WACC.

8 0
3 years ago
Pace corporation acquired 100 percent of spin company's common stock on January 1, 20X9. Balance sheet data for the two companie
Ray Of Light [21]

Answer:

Pace Corporation and Spin Company

1. Land should be reported in the consolidated balance sheet as

a. $130,000

2. Total assets:

b. $735,000

3. The differential associated with the acquisition:

b. $21,000

4. Goodwill

b. $21,000

5. Amount of liabilities in the consolidated balance sheet:

b. $406,000

Explanation:

a) Data:

Item                                                       Pace              Spin

                                                       Corporation     Company  

Cash                                                  $30,000        $25,000

Accounts Receivable                          80,000          40,000

Inventory                                            150,000          55,000

Land                                                    65,000          40,000

Buildings and Equipment                260,000         160,000

Less: Accumulated Depreciation   (120,000)        (50,000)

Investment: Spin Company Stock   150,000

Total Assets                                   $615,000       $270,000

Accounts Payable                         $45,000         $33,000

Taxes Payable                                20,000              8,000

Bonds Payable                             200,000          100,000

Common Stock                              50,000           20,000

Retained Earnings                       300,000          109,000

Total Liabilities and Stockholders’

  Equity                                      $615,000       $270,000

b) Consolidated Balance Sheets

Item                                     Pace             Spin            Total

                                      Corporation     Company    Group

Cash                                   $30,000      $25,000          $55,000

Accounts Receivable           80,000        40,000           120,000

Inventory                             150,000        60,000          210,000

Land                                     80,000        50,000           130,000

Buildings and Equipment 260,000       160,000         420,000

Less: Accumulated

  Depreciation                  (120,000)      (50,000)         (170,000)

Investment:

 Spin Company Stock      150,000                                 0

Goodwill                                                                           21,000

Total Assets                    $630,000    $285,000       $786,000

Accounts Payable            $45,000       $33,000         $78,000

Taxes Payable                   20,000            8,000           28,000

Bonds Payable                200,000        100,000         300,000

Common Stock                 50,000         20,000           50,000

Retained Earnings          300,000        109,000        300,000

Assets Revaluation           15,000          15,000          30,000

Total Liabilities and Stockholders’

  Equity                        $630,000     $285,000     $786,000

c) Differential on acquisition = investment (of subsidiary) - net assets

= $150,000 - ($270,000 - 141,000)  = $21,000

4 0
3 years ago
Two identical diploid cells undergo meiosis (let’s call them cell A and cell B). Do we expect the cells produced by meiosis of c
azamat

Answer:

They will be genetically identical.

Explanation:

The process results in four daughter cells that are haploid, which means they contain half the number of chromosomes of the diploid parent cell. Meiosis has both similarities to and differences from mitosis, which is a cell division process in which a parent cell produces two identical daughter cells.

5 0
3 years ago
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