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2 years ago

9

Suppose that for 10 bicycles, the total fixed cost is $100 and total variable cost is $300. Then the average fixed cost and aver

age variable cost are:

1 answer:

Stells [14]2 years ago

7 0

The price one bicycle is $21

Explanation:

because 100÷10=0.1

and the total is 300$

300-100=20

20+0.1=20

answer is 21

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The standard deviations of individual stocks are generally higher than the standard deviation of the market portfolio because th

NISA [10]

Answer:

has specific risk

Explanation:

Standard deviation is a measure of central tendency. It measures the variation of data from a central value. As such variables with high standard deviation have values far from the central value while standard deviation close to the central value is low.

So when individual stocks have higher standard deviation it means prices are less stable than that of market portfolio.

This can be attributed to them having specific risk. The market is not subject to diversification risk so prices tend to fluctuate less

6 0

3 years ago

Brief Exercise 22-09 Kaspar Industries expects credit sales for January, February, and March to be $211,000, $270,600, and $315,

aniked [119]

Answer:

Results are below.

Explanation:

Giving the following information:

Credit sales:

January= $211,000

February= $270,600

March= $315,300

It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

<u>Cash collection January:</u>

Sales on credit from January= (211,000*0.75)= 158,250

Total cash collection= $158,250

<u>Cash collection February:</u>

Sales on credit from February= (270,600*0.75)= 202,950

Sales on credit from January= (211,000*0.25)= 52,750

Total cash collection= $255,700

<u>Cash collection March:</u>

Sales on credit from March= (315,300*0.75)= 236,475

Sales on credit from February= (270,600*0.25)= 67,650

Total cash collection= $304,125

8 0

3 years ago

When the carrying cost of inventory is expressed as a percentage: A. it is usually the same as the borrowing cost of the organiz

dimaraw [331]

Answer:

Option E It is multiplied by the material unit cost to calculate the per unit carrying cost.

Explanation:

The reason is that the carrying cost which is also known as holding cost is the cost of holding a unit material for a year and this can be calculated as:

Holding Cost is also given in percentage of material price and is calculate by multiplying it with the material unit cost to calculate the holding cost per unit per year.

So the option E is correct.

5 0

3 years ago

Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations.

emmainna [20.7K]

Answer:

The Correlation analysis “R” is measured to compute the strength of relationship among variables. Moreover, the value of correlation is calculated among -1 to +1. Which implies that if the computed value is near to -1 then there will be strong but negative relation and if near to +1 then it is strong but relation among the variable. However zero is consider as neutral point.

A. The computed value of correlation is - 0.772. The value identifies that that there is a strong but negative association among the variables (GDP and infant mortality rate).

B. The correlation analysis cannot computed among the variables continent and GDP because "continent" is a categorical variable not quantitative.

C. The computed value of correlation is higher than 1. Thus, the statement implies that there is a very strong relationship among life expectancy and GDP which is incorrect. As the association cannot be higher than 1.

D. There is a strong relationship among literacy rate and GDP as the relationship is nearer to 1. Furthermore, the association among literacy rate and GDP doesn’t suggest the causation.

E. The computed correlation among the variables is 0.90. Which indicated that the variables goes up. That is, when the GDP goes down the import is also decrease and when GDP increases the import increases Thus, the there is a positive correlation.

3 0

3 years ago

Mercy Hospital is considering a project that is expected to reduce the hospital's annual operating costs by $250,000 per year be

gizmo_the_mogwai [7]

Answer:

$650,000

Explanation:

The computation of the expected net cash flow for the year 1 is shown below:

= Annual operating cost reduced + expected revenue generated per year in the year 1

= $250,000 + $400,000

= $650,000

By adding the annual operating cost, and the expected revenue generated we get the project expected net cash flow for the year 1

5 0

3 years ago