Answer:
The correct option is D) The design of the study suffers from selection bias.
Explanation:
In research, Selection Bias occurs when the researcher decides who the respondents are or those who are being evaluated or studied.
Every research ought to be designed in such a way that the respondents are selected at random.
In the information provided, the respondents were selected from a group of people who on a balance of probability were already inclined to decline because it was a list of dissatisfied customers. The chances of them declining to respond or responding with a negative were higher than the chances of them indicating that they would buy and this defeats the purpose of the research. The research ought to have also included a sample of respondents who didn't have the product, who had enjoyed the services of the company and were content, those who didn't even know what the product did until they got the survey.
That way holistic information can be obtained from the research about how different sets of people will react and not just those who are already dissatisfied with the company's product(s).
Some of the ways to avoid selection bias in research are:
To employ the use of random techniques selecting sample sets from populations.To check that the traits or characteristics of the larger population are well represented in the samples selectedCheers
10. Problems and Applications Q10 Goods and services that are not sold in markets, such as food produced and consumed at home, are generally not included in GDP. True or False: As a result, you would expect that GDP per person in India and the United States will differ by more than their actual comparative economic well-being.
Answer:
True
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Items not included in the calculation off GDP includes:
services not rendered to oneself
Activities not reported to the government
illegal activities
sale or purchase of used products
sale or purchase of intermediate products
A lot of goods produced in India aren't sold in the market when compared with the US, this would lead to the GDP of India been lower than the GDP of US.
. Explain which financial statement accounts and related assertions would be most difficult for Kabbage to evaluate since it only assesses transactional data.
Answer:
Completeness and accuracy
Explanation:
Financial statement assertions are important which ensures the accuracy of the financial statements of a company. Kabbage company is only focusing on transactional data. It is not focusing on completeness and accuracy of the financial statements.
What does the fox say? I am not talking about the song, what does it say in real?
Answer:
The most commonly heard red fox vocalizations are a quick series of barks, and a scream-y variation on a howl. All fox vocalizations are higher-pitched than dog vocalizations, partly because foxes are much smaller.
Explanation:
Hope this helps ✌
Sqeekers Co. issued 10-year bonds a year ago at a coupon rate of 8.2 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6.5 percent, what is the current bond price
Answer:
The current price of the bond is $1,114.47
Explanation:
The computation of the current bond price is as follows:
Here we have to applied the present value formula by putting the following information
Given that
Par value = Future value = $1,000
NPER = (10 - 1) × 2 = 18
RATE = 6.5% ÷ 2 = 3.25%
PMT = $1,000 × 8.2% ÷ 2 = 41
The formula is given below:
= -PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the current price of the bond is $1,114.47
To be classified as a cash equivalent, an item must be readily convertible to a known amount of cash and have an original maturity to the investor of three months or more. True False
Answer:
False
Explanation:
Cash equivalents are assets that can be easily converted into cash, but in order for an asset to be considered a cash equivalent its cash conversion period (i.e. maturity) must be less than 3 months or 90 days. E.g. securities that mature in 9 months are current assets, but not cash cash equivalent.
Louis is designing his organization chart for his business. He is engaged in horizontal dimensioning and has grouped some employees together because they are all performing sales activities, another group he has assembled because they are all performing marketing activities, and so on. Each one of these groupings of similar tasks is a(n) _____.
Answer: structure
Explanation:
The structure of an organization simply has to do with how the activities in the organization are being directed so that the goals of the organization will be achieved.
It shows the flow of information for an organization. Based on the above information, each one of these groupings of similar tasks is a structure.
Which is an example of easy-access credit? $3000 monthly line of credit credit card with a $4,000 limit one-week payday loan for $350 $200,000 loan for a home
An example of easy-access credit is : ( C ) One-week payday loan for $350
What is an easy-access credit ?
An easy access credit is a type of credit which has a very high interest rate and a short term period. from the options listed an example of an easy-access credit is a one-week payday loan. because it has a short term duration and a high interest rate.
Hence we can conclude that An example of easy-access credit is : ( C ) One-week payday loan for $350
Learn more about easy-access credit : https://brainly.com/question/15586878
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Ahrends Corporation makes 46,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is below:
Direct materials $14.30
Direct labor 23.90
Variable manufacturing overhead 3.00
Fixed manufacturing overhead 28.30
Unit product cost $69.50
An outside supplier has offered to sell the company all of these parts it needs for $6700 a unit If the company accepts this offer, the facilities now being used to make the pert could be used to make more units of o product that is in high demand. The additional contribution margin on this other product would be $424,000 per year f the part were purchased from the outside supplier, all of the direct labor cost of the part would be avoided. However, $28.40 of the fixed manufacturing overhead cost being applied to the pert would continue even if the part were purchased from the outside supplier. This fixed manufacturing overhead cost would be applied to the company's remaining products.
Required:
What is the maximum amount the compeny should be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 53,000 units required eoch year?
Answer:
$95.40
Explanation:
Make Costs Outside Supplier
Direct materials $14.30 $0
Direct labor $23.90 $0
Variable manufacturing overhead $3.00 $0 Fixed manufacturing overhead $28.30 $28.40
Purchases Price $0 $67.00
Unit product cost $69.50 $95.40
Conclusion
The maximum amount the company should be willing to pay an outside supplier per unit for the part would be $95.40
Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2013. Its inventory at that date was $550,000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Inventory at Current Date Current Prices Price Index December 31, 2014 $642,000 107 December 31, 2015 725,000 125 December 31, 2016 812,500 130 What is the cost of the ending inventory at December 31, 2014 under dollar-value LIFO
Answer: $603,500
Explanation:
Ending inventory in 2014;
= Ending inventory balance 2013 + (([tex]\frac{Inventory current price 2014}{Price index 2014}[/tex] * 100) - ending inventory 2013)) * Price index 2014/100
= 550,000 + (([tex]\frac{642,000}{107}* 100[/tex]) - 550,000)) * 107/100
= $603,500
Lyon, a cash basis taxpayer, died on January 15 of the current year. During the current year, the estate executor made the required periodic distribution of $9,000 from estate income to Lyon's sole heir. The following information pertains to the estate's income and disbursements for the year. For the current calendar year, what was the estate's distributable net income (DNI)?
Estate Income:
$20,000 Taxable interest
$10,000 Net long-term capital gains allocable to corpus
Estate Disbursements:
$5,000 Administrative expenses attributable to taxable income
For the current taxable calendar year, what was the estate's distributable net income (DNI)?
a. $15,000
b. $25,000
c. $30,000
d. $20,000
Answer: $15000
Explanation:
For the current taxable calendar year, the estate's distributable net income (DNI) would be calculated as:
Taxable interest = $20,000
Less: Administrative expense = $5000
Distributable net income = $20000 - $5000 = $15000
Therefore, the estate's distributable net income is $15000.
Use the dividend growth model to determine the required rate of return for equity. Your firm recently paid a dividend of $2.25 per share, has a recent price of $40.20 per share, and anticipates a growth rate in dividends of 3.00% per year for the foreseeable future.
Answer:
the required rate of return using the dividend growth model is 8.6%
Explanation:
The computation of the required rate of return using the dividend growth model is as follows;
The Required return is
= (Dividend at year 1 ÷ Current price per share) + Growth rate
= ($2.25 ÷ $40.2) + 0.03
= 8.6%
Hence, the required rate of return using the dividend growth model is 8.6%
We simply applied the given formula
Your friend currently works as an accountant at a public accounting firm in the small town of Beaver Falls, Pennsylvania. He is offered a job in San Francisco for $60,000. Your friend calls you and tells you that he is excited about the new job offer, which gives him a raise from his current salary of $50,000. Based on your knowledge of economics, you think that
Answer:
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
Explanation:
Here are the options to this question :
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
B. your friend has no reason to be excited because higher pay implies more job responsibilities and more working hours.
C. your friend has every reason to be excited because he will be getting paid 120% of what he used to be paid.
D. your friend has reason to be excited because in a bigger city he will have more things to do and his higher salary will allow him to spend on those activities.
Cost of living in a big town is higher than living in a small town. Even though the nominal income of my friend has increased, the real income might not have increased due to the high cost of living in a big city.
Nominal income is the money income being earned. My friend's nominal income would increase from $50,000 to $60,000 if he takes the new job.
Real income is the purchasing power of income
"Uterine family" is the phrase Margery Wolf uses to describe the family a woman makes by having children though they are not officially recognized as members of the same lineage.
a. True
b. False
Answer: b. False
Explanation:
According to Wolf (1994, 226), "the true family of a woman in the Chinese kinship system includes her uterine family, which includes the mother of the woman and the children of her mother."
In her book, Wolf tries to explain the advantages of having uterine families in the Chinese system of kinship, explaining that both the uterine family of the maternal parent of a woman and her individual uterine relationships are produced through child delivery, becoming crucial factors that contribute to the fulfillment of a woman in her life.
Bateman Corporation sold an office building that it used in its business for $800,750. Bateman bought the building 10 years ago for $599,625 and has claimed $201,125 of depreciation expense. What is the amount and character of Bateman's gain or loss
Answer:
Bateman Corporation
a. The amount of the gain = $402,250.
b. The character of the gain is long-term capital gain.
Explanation:
a) Data and Calculations:
Sale proceeds from office building = $800,750
Purchase cost of building = $599,625
Period of building before sale = 10 years
Depreciation claimed on building = $201,125
Net book value of building = $398,500 ($599,625 - $201,125)
Capital gain on sale of building = $402,250 ($800,750 - $398,500)
b) Bateman Corporation will record a capital gain of $402,250. This is the difference between the sale proceeds from the building and the net book value of the building after deducting the depreciation expenses claimed on the building. It is a long-term capital gain, which is taxed under the reduced rate.
Novak Corp. had accounts receivable of $140,000 on January 1, 2022. The only transactions that affected accounts receivable during 2022 were net credit sales of $3,795,000, cash collections of $3,725,000, and accounts written off of $20,000.
Required:
a. Compute the ending balance of accounts receivable.
b. Compute the accounts receivable turnover for 2016.
c. Compute the average collection period in days.
Answer:
a $210,000
b 21.69 times
c 16.83 average days
Explanation:
a. The ending balance of accounts receivable
= Accounts receivables at the beginning - Cash collections + Net Credit sales
Given that;
Accounts receivables at the beginning = $140,000
Cash collections = $3,725,000
Net Credit sales = $3,795,000
Ending balance of accounts receivable
= $140,000 + $3,795,000 - $3,725,000
= $210,000
b. Compute the accounts receivable turnover
= Net credit sales + [(Beginning account receivable + Ending account receivable) / 2]
= $3,795,000 ÷ [ ($140,000 + $210,000)/2]
= $3,795,000 ÷ $175,000
= 21.69 times
c. Compute the average collection period
= Average accounts receivable ÷ [Annual sales ÷ 365]
= $175,000 ÷ ($3,795,000 ÷ 365)
= $175,000 ÷ $10,397
= 16.83 average days to collect receivables
McCoy's Fish House purchases a tract of land and an existing building for $980,000. The company plans to remove the old building and construct a new restaurant on the site. In addition to the purchase price, McCoy pays closing costs, including title insurance of $2,800. The company also pays $13,600 in property taxes, which includes $8,800 of back taxes (unpaid taxes from previous years) paid by McCoy on behalf of the seller and $4,800 due for the current fiscal year after the purchase date. Shortly after closing, the company pays a contractor $49,000 to tear down the old building and remove it from the site. McCoy is able to sell salvaged materials from the old building for $4,600 and pays an additional $10,800 to level the land.
Required:
Determine the amount McCoy's Fish House should record as the cost of the land.
Answer:
McCoy's Fish House
The amount McCoy's Fish House should record as the cost of the land is:
$1,038,000
Explanation:
a) Data and Calculations:
Purchase price $980,000
Title insurance 2,800
Tearing down old building 49,000
Salvaged materials (4,600)
Levelling the land 10,800
Total cost of the land $1,038,000
b) The costs that should be included in the cost of the land include all expenses that are necessary to bring the land to a usable condition. This cost should include the cost of preparing the land for the construction of the new restaurant. The property taxes paid are not necessary expenses that would bring the land to use. That is why they should be excluded, especially since they were paid as unpaid taxes and for the current year.
The mean width of 12 iPads is 13 cm. The mean width of 8 Kindles is 12 cm. 2 pts
a. What is the total width of the iPads?
b. What is the total width of the Kindles?
c. What is the mean width of the 12 iPads and 8 Kindles?
Answer:
see below
Explanation:
Mean is the average of a set of data or numbers. if the mean is 13, it implies that on average, the width of one iPad is 13cm.
a). Width of 12 iPads is 13cm.
Total width will be 12 x 13
= 156 cm
b). Total width of candles
mean of 8 candles is 12 cm
total width = 8 x 12
=96 cm
c). mean of iPads and candles
=width of iPads + width of candles divided by total of candles and iPads
= (156cm + 96cm) / (12 + 8)
=252 /20
=12.6 cm
On this graph, what does the green arrow represent?
Answer:D
Explanation:
Problem 11-6 Risk Premiums (LO1)Assume these are the stock market and Treasury bill returns for a 5-year period: Year Stock Market Return (%)T-Bill Return (%)2011 0.98 0.03 2012 16.06 0.05 2013 33.06 0.07 2014 12.71 0.05 2015 0.67 0.21 a. What was the risk premium on common stock in each year
Answer:
Year _______Risk Premium (%)
2011 _______ 0.95
2012_______ 16.01
2013_______ 32.99
2014_______ 12.66
2015_______ 0.46
Explanation:
The Risk premium is the premium paid to an investor for investing in a risky stock/security/asset over the risk-free rate in the market.
A Risk-free rate is a rate that is offered by a security having minimum or no risk at all e.g. Rate on Government securities are considered as the risk-free rate because these securities are backed by the government.
T bills or Treasury bills are also considered as risk-free investments.
Use following formula to calculate the Risk premium
Ris premium = Stock Market Return - T-Bill Return
Use above formula Calculate the risk premium as below
Year _ Stock Market Return (%) __T-Bill Return (%)__ Risk Premium (%)
2011 _______ 0.98 _______________0.03 _________ 0.95
2012_______ 16.06_______________0.05 _________ 16.01
2013_______ 33.06_______________0.07 _________ 32.99
2014_______ 12.71 _______________ 0.05 _________ 12.66
2015_______ 0.67 _______________ 0.21 __________ 0.46
How can we calculate IRR ?
The linear sequential model of software development is A reasonable approach when requirements are well defined. An old fashioned model that cannot be used in a modern context. A good approach when a working program is required quickly. The best approach to use for projects with large development teams.
Answer:
The linear sequential model of software development is
A reasonable approach when requirements are well defined.
Explanation:
This type of software development model, called the linear sequential model, is also known as the classic life cycle or waterfall model. The model suggests a systematic, sequential approach to Software Development, starting at a design level and progressing through the processes of communication, planning, modeling, construction, and deployment, till the final stage of support. The model is simple to understand and use. With this model, each phase must be completed before the next phase can begin and there is no overlapping in the phases. This is why requirements must be well-defined.
Russell Co. reports sales revenue of $30,600 and interest revenue of $5,600. Its comparative balance sheet shows that accounts receivable decreased $4,600 and interest receivable increased $1,150. Compute cash provided by operating activities using the direct method
Answer:
Cash provided by operating activities $39,650
Explanation:
The computation of the cash provided by operating activities under the direct method is as follows:
Sales Revenue $30,600
Decrease in Account Receivable $4,600
Interest Revenue $5,600
Increase in Interest Receivable - $1,150
Cash provided by operating activities $39,650
We simply applied the above sequence so that the correct value could come
And, the same is to be considered
What is the present value of a $500 payment received at the end of each of the next five years, worth to you today at the appropriate discount rate of 6 percent? $1,105 $1,850 $2,106 $2,778
Answer:
PV= $2,106.18
Explanation:
Giving the following information:
Annual payment= $500
Number of periods= 5 years
Interest rate= 6%
To calculate the present value, first, we need to determine the future value:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {500*[(1.06^5) - 1]} / 0.06
FV= $2,818.55
Now, the present value:
PV= FV/(1+i)^n
PV= 2,818.55/1.06^5
PV= $2,106.18
Twenty percent of all businesses in the United States are corporations, and they account for 80% of the total business dollars generated. True False
Answer:
True
Explanation:
Assume that interest rate parity holds and that 90-day risk-free securities yield a nominal annual rate of 3% in the United States and a nominal annual rate of 3.5% in the United Kingdom. In the spot market, 1 pound 5 $1.29. a. What is the 90-day forward rate
Answer:
$1.55
Explanation:
Interest rate parity = (1+Rh) / (1+Rf) = F1 / S0
Rh = rate on home currency here US is home 3% p.a = 3%/4 = 0.75%
Rf= rate on foreign currency here Germany 3.5% p.a = 3.5%/4 = 0.875
F1 = Forward rate , S0= Spot market rate
So, (1+0.0075) / (1+0.00875) = F1 / 1.56
1.0075/1.00875 = F1 / 1.56
0.998761 = F1 / 1.56
F1 = 0.998761 * 1.56
F1 = 1.55806716
F1 = $1.55
Thus, the 90-day forward rate is $1.55
1. Go to thrift shop or goodwill and find albums that you like the cover of, put them on your wall!
2. Get mason jar write i’ll be there for you on it, get string lights that have the colors of the logo on it.(red,blue,yellow)
3. Print friends logo and cut it out, find or print pictures of your friends, put the items on your wall.
4. Find frame with glass or buy one, print pictures of things you like, modge podge the pictures on the glass ,put it on your wall.
5. If you have a bookshelf rearrange the books in rainbow order.
Answer:
Explanation:
that looks awesome!!
Drew gets married in January of 2019 and provides support for his stepdaughter, Melissa, who is 26 years old. Melissa does not earn any income in 2019 since she is a full-time graduate student. Which of the following is true regarding Melissa as a qualifying relative
a. Melissa qualifies based on her age of 26
b. Melissa qualifies based on her earned income
c. Melissa qualified because there is no age limit on qualifying relatives
d. Both B and C are correct
Answer: D. Both B and C are correct
Explanation:
Based on the scenario and the information provided in the question, we should note that Melissa qualified as a qualifying rekative because there is no age limit on qualifying relatives.
Also, since Melissa doesn't earn any income in 2019 because she's a full time graduate student, Melissa qualifies based on her earned income.
Therefore, option B and C are correct.
The Stevens Co. had beginning inventory (1/1/10 of 8 units at $100, purchased 10 units of inventory at $120 on 3/1/10, and another 12 units at $110 on 5/1/10 Ending inventory consisted of 14 units. Use this information to answer the following question: What is the cost of the cost of goods sold under FIFO
Answer:
The Stevens Co.
The cost of goods sold under FIFO is:
$1,760.
Explanation:
a) Data and Calculations:
1/1/10 Beginning inventory 8 units at $100 = $800
3/1/10 Purchases 10 units at $120 = $1,200
5/1/10 Purchases 12 units at $110 = $1,320
Total Goods available 30 units $3,320
Ending inventory 14 units
Units sold 16
Under FIFO:
Ending inventory
5/1/10 Purchases 12 units at $110 = $1,320
3/1/10 Purchases 2 units at $120 = $240
Total value of ending inventory = $1,560
Cost of goods sold = cost of goods available for sale minus the cost of ending inventory
= $1,760 ($3,320 - 1,560)
or Cost of goods sold:
1/1/10 Beginning inventory 8 units at $100 = $800
3/1/10 Purchases 8 units at $120 = $960
Total value of cost of goods sold = $1,760
b) FIFO (FIrst-in, First-out) is a cost evaluation method that assumes that the first inventories recorded are the first to be sold. This implies that the cost of goods sold is determined from the earlier stock while the cost of the ending inventory is determined from the later stock.
Despite an offer of considerable raise in salary upon joining a new team, jacob chooses to remain and work in his present team. This impliees that jacob has developed a high degree group ___ with his present team.
Answer: group cohesiveness
Explanation:
Group cohesiveness has to do with the bond and unity that a group exhibit which is vital in achieving a common goal. When a group exhibit cohesiveness, the people in the group works towards the success of their goals.
Even when there is conflicts or differences, they resolve the and come back stronger. Based on the above analysis, jacob has developed a high degree group cohesiveness with his present team.
If the growth rate of dividends increases and the required rate of return stays the same, the stock price will
Answer: Rise
Explanation:
Using the Gordon Growth model to calculate stock price, if growth rate were to rise and required return remained the same, the stock price will rise.
The formula is;
Stock price = (Dividend * (1 + growth rate)) / ( required return - growth rate)
Looking at the formula, if growth rate increases, the numerator will increase and the denominator will decrease. This combined, will increase stock price.
For instance, assume growth rate is 5%, required return is 10% and dividend is $1
Price = (1 * 1.05) / (10% - 5%)
= $21
Growth rate increases to 7%
Price = (1 * 1.07) / (10% - 7%)
= $35.67
Price increased.
