Suppose the inverse demand function is:p = 12 - 4q, and cost is given by c(q) = 4q.the profit-maximizing price equals $_________
Answers
Suppose the inverse demand function is:p = 12 - 4q, and cost is given by c(q) = 4q.the profit-maximizing price equals $ Given, c(Q) = 4Q MC (Marginal Cost) = c(Q) / Q => MC = 4 P = 12 - 4Q TR.
Is price the inverse of demand?The price is a function of the quantity required when the demand curve is inverse. In other words, the inverse of a demand curve, changes in the quantity required cause variations in price levels.
In each nation, at what price does the monopoly sell its product if resale is not possible?By operating where its marginal income for each country equals the company's marginal cost, the price-discriminating monopoly maximizes its profit. Therefore, MRUS = MC = MRJ, which means that the marginal revenues for the two nations are equal.
How are QD and Qs calculated?The quantity demanded and the quantity delivered are equal (Qs = Qd). The market is open. If the market price (P) is greater than $6, for instance, P=8, Qs=30, and Qd=10 (where Qd = Qs). The market is unclear since there are extra supplies because Qs exceeds Qd.
Describe the demand function with an example?As an illustration, consider the demand equation Qd = f(P; Prg, Y), where Qd denotes the quantity of a good wanted, P denotes the good's price, Prg denotes the price of a related good, and Y denotes income. The function on the right side of the equation is referred to as the demand function.
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Related Questions
If firms increase investment, the aggregate expenditures function will shift downward, other things being equal. T/F
Answers
This statement is false. If firms increase investment, it will increase the aggregate expenditures (AE) function, which represents the total spending in an economy.
The AE function is the sum of consumption, investment, government spending, and net exports. Investment is one of the components of AE, and an increase in investment will cause an upward shift of the AE function, meaning there will be an increase in total spending in the economy. The aggregate expenditures function is an important concept in macroeconomics, as it helps to explain how changes in spending affect the level of output and employment in an economy. By understanding the relationship between the different components of the AE function, policymakers can use various tools, such as monetary and fiscal policy, to stabilize the economy and promote long-term growth.
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You have approx. 350 customers. N = 350. You can obtain
information about each customer such as name, phone number, 4
digits of SSN, address, items they like to buy, etc. and assign a
customer number. (note: customer numbers will not be reused/recycled as customers go away) About 350 people at any point but they will be different people NEEDING DIFFERENT IDs. You want to look up their records using some key that will be used to hash into the customer table.
N = 350
1. 1. The Key a. a. what key do you think is usually good to use to look up a customer? It should be unique per person: b. b. what does it look like (give an example): Note that you should combine two pieces of information to make a unique key.
a. 2. Table Size b. a. what is the table size? c. b. Prime number? d. c. Load factor is 80%? Explain.
e. 3. how will you transform this long key into a slot number: choose (circle) from the following: Folding and mod ts? Reverse folding and mod ts? Square and take the middle part and mod ts? Something unique? Explain. (I prefer this) And show all steps on an example key:
a. 4. informally analyze under what circumstance collisions will occur Give reasons and an example of 2 keys colliding at the same slot!!!!!!
Answers
Combination of customer's name and phone number. Table size: 350, no requirement for prime number, load factor of 80% ensures space efficiency and performance.
The combination of a customer's name and phone number can serve as a good key to look up a customer. This combination is likely to be unique for each person, allowing for efficient and accurate retrieval of customer records. The table size is 350, which means it can accommodate up to 350 customer records. There is no specific requirement for the table size to be a prime number, as long as it is large enough to accommodate the expected number of customers. The transformation of the long key into a slot number can be achieved using a unique hashing function. This function takes the combined key and applies a specific algorithm to generate a slot number within the range of the table size. Collisions may occur when two different keys result in the same slot number.
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the traditional pension, where the employer promises a monthly payment to retirees computed with a formula based on their salary and years of service, is known as a defined contribution plan.
T/F
Answers
The statement is false. The traditional pension, where the employer promises a monthly payment to retirees based on a formula involving salary and years of service, is known as a defined benefit plan, not a defined contribution plan.
The traditional pension plan is commonly referred to as a defined benefit plan, not a defined contribution plan. A defined benefit plan is a retirement plan in which the employer guarantees a specific monthly payment to retirees based on a formula that typically considers factors such as salary and years of service. The responsibility for funding and managing the plan lies with the employer, who assumes the investment risks and ensures that retirees receive the promised benefits.
On the other hand, a defined contribution plan is a retirement plan where employees and employers make contributions to an individual account for each participant. The ultimate benefit in a defined contribution plan is determined by the contributions made and the investment performance of the account. The employees bear the investment risks, and the retirement benefit received depends on the account balance at the time of retirement.
In summary, the traditional pension plan, where the employer promises a monthly payment to retirees based on a formula involving salary and years of service, is known as a defined benefit plan, not a defined contribution plan.
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Explain how other income streams such as photography and merchandise will be useful for the business. (8)
Answers
Answer:
Income streams such as photography and merchandise will be useful for the business is described below in detail.
Explanation:
The practices of photography are broad and therefore the businesses are extensive. the actuality is that if you are to sustain as an expert photographer today, and if you are to have the sources to proceed with what you are really enthusiastic about, then that often includes being open to, and actively evolving, various income streams, not all of which you will be uniformly passionate about.
discuss some of the ways capitalism has been stifled by our government in the u.s. currently and what can be done to stoke up the engines of capitalism to get the economy improving
Answers
The ways capitalism has been stifled by our government in the u.s. currently allows for the private ownership and control of capital to stoke up the engines of capitalism to get the economy improving.
A capitalist economy allows for the private ownership and control of capital assets like mines, factories, and railroads as well as the purchase of labour for monetary wages, the accrual of capital gains to private owners, and the allocation of capital and labour between competing uses by prices "Supply and Demand".
Even though capitalism in some way underpins almost all modern economies, during much of the 20th century there were only two main methods of economic organisation. The alternative is socialism, when the government controls the means of production and state-owned businesses prioritise the common good over individual shareholder interests.
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Briefly explain the normalization process. Explain why the
highest normal form not always the best solution?
Answers
Answer:
Normalization is the process of removing non-recurring expenses or revenue from a financial metric.
In the highest normal forms, the performance degrades hence they are not always the best solution.
Explanation:
Normalization is the process of removing non-recurring expenses or revenue from a financial metric like EBIT or earnings. Once earnings have been normalized, the number which remains off represents a future earning capacity that a buyer would expect from the business.
In the highest normal forms, the performance degrades. Careless data decomposition often leads to data loss. Even to decompose into higher normalization forms, it is a time-consuming process. There are more tables to join, the need to join these tables increases and the task becomes more tedious. It even makes the database harder to interpret as well.
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If you tell me a good counter to this argument fast, I'll give u brainliest + five star (HELP)
If a school duration is not year-round, then students will most likely forget alot of things they learned over school year.
Answers
We certainly blank out things over time, and there's no reason to evaluate that what students learn in school should be an exception.
What do you mean by Argument?Making an argument involves two or more individuals reacting to one another's claim and support for such a claim.
There are a few unusual reasons why the brain forgets, but the two main causes are decay and disuse. Decay is a natural process that refers to the gradual loss of information over time. When we first learn something, it is stored in our short-term memory, which is relatively small and can only hold a very small amount of information.
Therefore, The statement “If a school duration is not year-round, then students will most likely forget a lot of things they learned over the school year.” is correct.
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To be more efficient in formatting tasks, it is important to follow best practices when designing type. Which scenarios
show the applications of best practices when designing type? Check all that apply.
Joe uses an 8-point font.
Angelo uses one type of font in his document.
Jeremiah underlines words for emphasis.
Akilah indents and adds space between her paragraphs.i
Amy uses the hyphenation feature in her justified paragraphs.
Answers
Answer:
2 and 5
Explanation:
Scenarios that show the applications of best practices when designing type is
Angelo uses one type of font in his document.Amy uses the hyphenation feature in her justified paragraphs.Thus the correct option is B and E.
What is formatting?Document formatting describes the way a document is set up. It involves requirements on how a document should look. Formatting makes documentation appear professional and appealing.
While making any document it is required to choose one type of font which makes it a structured and systematic manner. various styles of font may distract the focus of the reader while taking look at the document.
Use of the hyphenation feature in her justified paragraphs to make it more clear and more structured to achieve a more uniform line length, Word's hyphenation feature enables the insertion of line breaks and hyphens within words.
Therefore, options B and E are the appropriate answer.
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Kali wants to start her own investment firm from scratch, so she's very focused on understanding the possible drawbacks of taking this
approach. Which item belongs on Kali's list of drawbacks?
O A. withstanding the effects of a macro-level trend
ОВ. not growing quickly enough to tap into adjacent markets
OC. potentially running out of operating funds
OD paying monthly licensing and marketing fees
Answers
Answer:
C
Explanation:
because she likes to come up with advertisements which is a part of marketing
6 * 4 + 43 w/ solutions
net programming (tle)
Answers
Answer:
24+43wExplanation:
In a manufacturing company , the budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories . ( enter only one word per blank )
Answers
In a manufacturing company , the direct materials budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories.
Components that go into a manufactured good are known as direct materials. For instance, the direct materials used in the creation of a smartphone are the screen, integrated circuits, camera modules, and buttons. Direct material refers to the tangible components that make up a production. For instance, water are direct materials for a baker. Cost accounting uses the direct materials concept to categorize this cost independently for various forms of financial analysis.
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The Production Function shows how total output changes when the amount of a single variable input changes while all other inputs are held constant. Which Economic Resource (Factor of Production) is usually the variable input?
Answers
Answer:
labor
Explanation:
They are four factors of production. They are labor, capital, land, and entrepreneurship.
Labor is compensation for human skills, knowledge, time, and energy. It is indicated as salary, wages, commissions, or allowances in the books of account. A company's labor expense is influenced by the number of workers it requires. A planned high output will require many workers, while a low-volume production needs fewer workers. Therefore labor is considered a variable cost.
Capital includes the finances, equipment, and machinery required to start a business. Capital is a fixed cost as capital requirements do not vary will the volume of output. Land and entrepreneurship are fixed costs as they are not expected to change in the s
In 2007, a Gallup poll estimated that 45% of U.S. adults rated their financial situation as "good." We want to know if the proportion is smaller this year. We gather a random sample of 100 U.S. adults this year and find that 39 rate their financial situation as "good."
After carrying out a hypothesis test for p = 0.45 compared to p ≠ 0.45, we obtain a p-value of 0.114. Determine whether each of the following statements about the p-value is valid or invalid.
1. There is an 11.4% chance that the percentage of adults who rate their financial situation as "good" is still 45%. valid or invalid?
2. There is an 11.4% chance that the percentage of adults who rate their financial situation as "good" is now not equal to 45%. valid or invalid?
3. If the percentage of adults who rate their financial situation as "good" is still 45%, there is an 11.4% chance that a random sample of size 100 has less than 39% or more than 51% with this opinion. valid or invalid?
4. If the null hypothesis is true (45% of U.S. adults rate their financial situation as "good"), then proportions from random samples of 100 adults will not equal 45% about 11.4% of the time. valid or invalid?
5. If the percentage of adults who rate their financial situation as "good" is still 45%, there is an 11.4% chance that a random sample of size 100 has at least a 6% error. valid or invalid?
Answers
Here are the solutions to the given questions: 1. There is an 11.4% chance that the percentage of adults who rate their financial situation as "good" is still 45%.This statement is invalid.
2. There is an 11.4% chance that the percentage of adults who rate their financial situation as "good" is now not equal to 45%.This statement is valid.
3. If the percentage of adults who rate their financial situation as "good" is still 45%, there is an 11.4% chance that a random sample of size 100 has less than 39% or more than 51% with this opinion.This statement is invalid.
4. If the null hypothesis is true (45% of U.S. adults rate their financial situation as "good"), then proportions from random samples of 100 adults will not equal 45% about 11.4% of the time.This statement is valid.
5. If the percentage of adults who rate their financial situation as "good" is still 45%, there is an 11.4% chance that a random sample of size 100 has at least a 6% error.This statement is invalid.
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Answer:1. Invalid
2. Invalid
3. Valid
4. Invalid
5. Valid
Explanation: just got 100% on quiz
In your budgeting process, when should you look at recurring expenses?
- Before looking at your needs
- After your wants but before you needs
- After considering entertainment expenses
- Before reviewing your wants
Answers
In your budgeting process, you look at recurring expenses Before reviewing your wants. option d
What is meant by budgeting?A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year. (Or, if you're keeping track of the money coming in and going out of your home as a whole, that's a family budget.)
The operating or current budget, the capital or investment budget, and the cash or cash flow budget are the three different types of budgets used by governments.
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In class, Marcus is skilled at picking up main ideas and important details from his teachers' lectures. What is this called?
Answers
Answer:
This would observation, which is something most readers should be able to do
Explanation:
What is the formula for consumer surplus and producer surplus?
Answers
Consumer surplus and producer surplus are measures used in microeconomics to evaluate the welfare of clients and producers in a marketplace. The formulation for calculating consumer surplus and Producers surplus are as follows:
Customer Surplus:
Customer surplus is the distinction between the most charge a purchaser is willing to pay for a good or service and the actual rate they pay. Mathematically, consumer surplus can be expressed as:
CS = WTP - P
Producer Surplus:
Producer surplus is the distinction between the fee a manufacturer gets for a good or service and the minimum fee they may be willing to accept. Mathematically, producer surplus may be expressed as:
PS= P - WTA
These formulations are crucial tools for studying marketplace efficiency and understanding the distribution of advantages in a market.
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the marketing concept holds that above all else, firms must be focused on building the highest quality product possible.
Answers
The marketing concept holds that above all else, firms must be focused on building the highest quality product possible.
FALSE
A market is a composition of structures, institutions, methods, social relations or infrastructures whereby events interact in exchange. at the same time as parties may also change items and offerings through barter, most markets rely upon sellers presenting their goods or offerings to consumers in alternate for money.
Marketing refers to how one-of-a-kind industries are labeled and differentiated based totally on their degree and nature of competition for services and goods. The four popular varieties of market systems consist of perfect opposition, oligopoly marketplace, monopoly market, and monopolistic opposition.
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The manager of Swifty Company is given a bonus based on income before income taxes. Net income, after taxes, is $10100 for FIFO and $9500 for LIFO. The tax rate is 25%. The bonus rate is 15%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO
Answers
The manager's bonus will be higher if FIFO is adopted instead of LIFO. The difference in the manager's bonus can be calculated by finding the difference in net income before taxes between FIFO and LIFO, and then applying the bonus rate.
Calculate the income before taxes for both FIFO and LIFO:For FIFO, the income before taxes is the net income after taxes divided by (1 - tax rate): Income before taxes (FIFO) = $10100 / (1 - 0.25) = $13466.67 For LIFO, the income before taxes is the net income after taxes divided by (1 - tax rate): Income before taxes (LIFO) = $9500 / (1 - 0.25) = $12666.67 Calculate the difference in income before taxes between FIFO and LIFO:
Difference = Income before taxes (FIFO) - Income before taxes (LIFO)
= $13466.67 - $12666.67
= $800
Calculate the manager's bonus using the bonus rate:
Manager's bonus = Difference in income before taxes * bonus rate
= $800 * 0.15
= $120
Therefore, the manager's bonus will be $120 higher if FIFO is adopted instead of LIFO.
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granite stone creamery sold ice cream equipment for $13,600. granite stone originally purchased the equipment for $84,000, and depreciation through the date of sale totaled $68,000. what was the gain or loss on the sale of the equipment?
Answers
Ice cream-making supplies were sold by granite stone creamery for $13,600. Granite Stone paid $84,000 for the equipment initially, and $68,000 in depreciation up until the date of sale., then $3,400 was lost when the equipment was sold.
We first determine the equipment's book value.
Asset cost: $84,000
Depreciation over time equals $68,000.
Cost of the asset - accumulated depreciation is a formula for book value,
$84,000 - $68,000= $16,000
Therefore, Gain or Loss on the Asset: Equipment Sale Value = $13,600
The equipment has a book value of $16,000.
Equipment loss = sale value - book value,
$13,600 -$16,000 = - $3,400. Here, a -ve sign indicates a loss
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Can anyone help me?
Saving money allows u to set more aside in a(n) ____ fund
Emergency
Bond
Exchange
Answers
Answer:
Saving money allows you to set more aside in an Emergency fund.
during december, vixen company sells $863,000 in merchandise that has a one-year warranty. warranty expense is estimated at 3% of sales. on january 5 of the following year, the merchandise requires repairs that are completed the same day. the repairs cost $15,300 for materials taken from parts inventory. the entry to record the repairs that occur on january 5 is:
Answers
The entry to record the repairs that occur on January 5 is Debit warrant expense $25,500, Credit estimated warranty liability $25,500.
Warranty Liability is a liability account that records the amount of repair or replacement costs a company expects to pay for products already shipped or services already rendered.
When a guarantee liability is calculated for a specific period, this amount is recorded as a liability in the balance sheet and as an expense in the general ledger. Over time, the amount actually spent paying the security deposit will be deducted from the liability amount rather than appearing as a new expense.
If the product is damaged or defective, the company that provides the full warranty must repair or replace it within a reasonable time. A limited warranty works similarly, but with more restrictions.
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If the market prices of each of the 30 stocks in the Dow Jones Industrial Average (DJIA) all change by the same percentage amount during a given day, which stock will have the greatest impact on the DJIA?
Answers
If the market prices of each of the 30 stocks in the Dow Jones Industrial Average all change by the same percentage amount during a given day,
The stock that will have the greatest impact on the DJIA will be the one with the highest stock price. This is because the DJIA is a price-weighted index, which means that stocks with higher prices have a greater influence on the overall index value.
Therefore, a detailed answer to your question is that the stock with the highest price in the DJIA would have the greatest impact on the index if all stocks change by the same percentage amount.
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How can you get your money back if you send a p2p payment to the wrong person?.
Answers
When a payment is sent to the wrong person using p2p, the money cannot be gotten back since it is equivalent to giving money to a wrong account. However, the person can lay a complaint to the customer service to take action.
What is P2P Payment?P2P payment is a system of payment where money is sent to another member of the crypto community in exchange for a coin to be sent to the individual's wallet. It is equivalent to giving someone cash.
When a user mistakenly sends money to the wrong person, the money cannot be gotten back. But if the sender has the details of the wrong receiver, an appeal can be made for the money to be reversed. However, if this is not the case, then the money would have to be forfeited.
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which career cluster does the accouning pathway belong in? a.finance b.manufacturing c.information technology d. health sciences
Answers
Answer:
a. Finance
Explanation:
Accountants handle taxes and manage other financial records for individuals or companies.
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
Transcribed image text: Problem 1. The production manager at Sunny Soda, Inc., is interested in tracking the quality of the company's 12-ounce bottle filling line. The bottles must be filled within the tolerances set for this product because the dietary information on the label shows 12 ounces as the serving size. The design specification for the product calls for a fill level of 12.00:0.10 ounces. The manager collected the following sample data (in fluid ounces per bottle) on the production process Chorvation 112001197 12.10 12.08 2 11.91 11.9412.10 11.56 11.9120011711.99 4 12.10 12.00 12.05 11.95 5 12.08.12.13 12.05 6 1 12.05 12.05 7 12.00 12.00 12.00 12.05 $ 1201 12.0411119 12.00116119712 10 11 12 11 412.00 12.00 I! 11.91 11.99 12.05 12.10 12 1201 12.00 12.00 11:07 13 11.98 1199 12.06 12:03 14 120 12.00 120 11.95 15 12.00 12.05 1201 1197 a)Calculate control limits for R-chart and draw the R- chart. b) Calculate control limits for -chart and draw the chart c) From the charts, is the process in control? And why? d) Assuming the population mean and standard deviation of the bottle filling line are 12.01 ounces and 0.023 ounces, respectively. Is the process capable of producing products that comply with the design specifications? Explain
Answers
a) To calculate the control limits for the R-chart, we need to compute the range (R) for each sample. The range is calculated as the difference between the maximum and minimum values in each sample.
Sample | Range (R)
1 | 0.29
2 | 0.12
3 | 0.54
.
.
.
13 | 0.19
14 | 0.20
15 | 0.08
Next, we calculate the average range (R-bar) by summing up all the ranges and dividing by the number of samples:
R-bar = (0.29 + 0.12 + 0.54 + 0.11 + 0.08 + 0.08 + 0.05 + 0.12 + 0.21 + 0.19 + 0.24 + 0.29 + 0.19 + 0.20 + 0.08) / 15
= 0.15
Using the R-bar value, we can calculate the control limits for the R-chart using the following formulas:
Upper Control Limit (UCL) = D4 * R-bar
Lower Control Limit (LCL) = D3 * R-bar
For this problem, assuming a sample size of 5, the values of D3 and D4 are 0 and 2.28, respectively. Substituting these values, we get:
UCL = 2.28 * 0.15 = 0.342
LCL = 0 * 0.15 = 0
b) To calculate the control limits for the X-chart, we need to compute the average (X-bar) for each sample. The X-bar is calculated as the average of the individual measurements in each sample.
Sample | X-bar
1 | 12.04
2 | 11.95
3 | 12.04
.
.
.
13 | 12.03
14 | 11.99
15 | 12.01
Next, we calculate the overall average (X-double-bar) by summing up all the X-bar values and dividing by the number of samples:
X-double-bar = (12.04 + 11.95 + 12.04 + 12.03 + 12.02 + 12.05 + 12.00 + 12.00 + 11.96 + 12.02 + 11.96 + 12.00 + 12.03 + 11.99 + 12.01) / 15
= 12.01
Using the X-double-bar value, we can calculate the control limits for the X-chart using the following formulas:
UCL = X-double-bar + A2 * R-bar
LCL = X-double-bar - A2 * R-bar
For this problem, assuming a sample size of 5, the value of A2 is 0.577.
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How do businesses maintain a formal record of financial transactions?
a) Publish an income statement b) Publish a balance sheet
c) Maintain a general journal
d) Utilize the Matching Principle
Answers
Businesses maintain a formal record of financial transactions through publication of income statement and balance sheet.
A formal record of financial transaction entails publication of periodic financial statement to allows users them to understand the financial position of the company.
The process of Bookkeeping with helps to record all financial transactions helps to publish an income statement and balance sheet.
The income statement and balance sheet are the two main financial record which depict the accurate position of the firms position.
Therefore, the Option A and B is correct.
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An item is regularly priced at 70$. It is on sale for 20% off the regular price. What is the sale price?
ITS 7TH GRADE MATH BTW!
Answers
Answer:
it's 56.
Explanation:
70*0.8=56
6. You are either only a natural saver or a natural spender. You cannot have a balance of
both.
True
False
Answers
c) If the forecasted demand for the week of August 31 is 360 and alpha = 0. 20, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places
Answers
Forecasts using exponential smoothing = 374.64
Alpha = 0.2
Forecast = (Yt * 0.2) + (St * ((1 - 0.2))
yt = the prior real demand.
St = the earlier forecast
September 21 forecast = (410 * 0.3) + (365.8 * (1 - 0.7))
September 21 forecast = 374.64
Using the exponential window function, exponential smoothing is a general method for blending time series data. In contrast to the ordinary moving average, which weights historical data evenly, exponential functions use exponentially decreasing weights over time.
Forecasts using exponential smoothing are precise. This strategy generates trustworthy and accurate forecasts that anticipate the following period. Demand projections and actual demand are shown in the forecast. This makes it possible to efficiently prepare for demand, which leads to appropriate inventory levels.
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