fats feet company is a two-division firm and has the following information available for this year: what is division a's contribution margin?
Answers
Since the values of Fats feet company is not given, I will explain about Contribution margin and how it can be calculated.
We all know that normally contribution is calculated as:
Contribution margin = sales - Variable Cost.
The contribution margin is the total money that each sale contributes to making a business's profits. It represents the money generated for each product/unit sold after deducting the variable portion of the firm's costs.
It provides one way to show how much profit a particular product can earn at the time offered by a company and shows the portion of sales that helps to cover the company's fixed costs. Any remaining revenue left is the profit generated.
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Related Questions
What are some examples of other risky types of credit?
Answers
Here are some examples of other types of risky credit:
Subprime MortgagesPayday Loans: What are types of risky credit?Subprime Mortgages: Subprime mortgages are home loans offered to borrowers with poor credit or limited credit history. These loans typically come with higher interest rates and fees, making them riskier for borrowers who may struggle to make their payments.
Payday Loans: Payday loans are short-term loans that are typically due on the borrower's next payday. They often come with extremely high interest rates and fees, and borrowers can easily become trapped in a cycle of debt if they cannot repay the loan on time.
Credit Card Cash Advances: Credit card cash advances allow borrowers to withdraw cash from their credit card account, but they typically come with very high interest rates and fees. Borrowers who use credit card cash advances to make ends meet can quickly accumulate a significant amount of debt.
Title Loans: Title loans are short-term loans that are secured by the borrower's car. These loans often come with high interest rates and fees, and borrowers who cannot repay the loan can lose their car.
Peer-to-Peer Loans: Peer-to-peer loans are loans that are funded by individual investors rather than traditional lenders. While these loans can offer lower interest rates than other types of credit, they are often riskier for investors, who may not receive their money back if the borrower defaults on the loan.
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The idea of diminishing returns to an input in production suggests that if a local college adds more and more custodians, the marginal product of labor for the custodial staff will ________ over time
a. increase at an increasing rate
b. increase at a decreasing rate
c. decrease
d. not change
e. increase at a constant rate.
Answers
Answer:
c. decrease
Explanation:
The law of diminishing marginal return confers that adding more of a unit of production while holding the other inputs constant will lead to a decline in productivity. Employing more units of a particular input will increase productivity until the optimal level is achieved. Beyond the optimal level, the benefits from an extra input will increase at a decreasing rate and eventually losses.
Adding more custodians will be beneficial up to the level only. Any extra custodians past the optimal level will cause a reduction in labor productivity.
A buyer with a 30-year, $750,000 loan at a 5.75% interest rate has a monthly principal and interest payment totaling $4,376.80. if $3,593.75 is interest, how much is applied to principal?
Answers
$783.05 is applied to principal for $750,000 loan at a 5.75% interest rate has a monthly principal and interest payment totaling $4,376.80.
given data:
Principal loan = $750,000
Monthly principal = $4,376.80
Interest payment = $3,593.75
the formula will be:
principal applied = Principal loan - ( Monthly principal - Interest payment)
= $750,000 - ( $4,376.80 - $3,593.75)
= $783.05
In addition to the principle amount, the lender will charge the borrower an interest rate. Given the time worth of money, a person who deposits money in a bank or other financial institution also makes more money, known as interest, which is paid to the receiver. In relation to the amount lent, deposited, or borrowed, the amount of interest payable each period is expressed as an interest rate (called the principal sum). The total amount of interest on a loaned or borrowed sum is determined by the principle amount, the interest rate, the frequency of compounding, and the period of time during which it is lent, deposited, or borrowed.
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true or false liberal democrats advocate for a free market economy.
Answers
False. Liberal democrats advocate for a free market economy.
Liberals considered free market economy to be a chance for industrialist business visionaries to succeed.
The free market economy is a monetary framework in light of organic market with practically no administration control. It is an outline depiction of all willful trades that occur in a given financial climate. Unregulated economies are described by an unconstrained and decentralized request of plans through which people pursue financial choices.
In light of its political and legitimate standards, a nation's unrestricted economy might go between extremely huge or completely unlawful. The expression "unregulated economy" is once in a while utilized as an equivalent for free enterprise. At the point when a great many people examine the "unrestricted economy," they mean an economy with unhampered contest and just confidential exchanges among purchasers and dealers. Nonetheless, a more comprehensive definition ought to incorporate any intentional financial action inasmuch as it isn't constrained by coercive focal specialists
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All of the following are examples of the food and beverage industry
except
-school cafeteria
-McDonald's inside a Walmart
-restaurant inside a shopping mall
-travel agency
Answers
Answer:
-travel agency
Explanation:
The food and beverage industry is made up of establishments whose core business is preparing meals, snacks, and beverages as per customers' orders for immediate consumption in or off the premises. A school cafeteria, McDonald's inside a Walmart, and restaurant inside a shopping mall will fit into the food and beverage industry's definition.
A travel agency is best placed in the tours and travels industry.
What is an appraisal? Why is it usually included in the closing costs for buying a home?
Answers
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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Which of the following combines a cooktop and oven into one appliance?
Answers
Answer:
A freestanding range, great for both large and small kitchens, combines a cooktop and oven into one versatile appliance. Whether you're baking, roasting, boiling or frying, a range lets you do it all.
As children, we just have one or two things, but as adults, we have a complete bag of balls that we are attempting to maintain in the aif. Consider all the roles you may be playingwife, mother, daughter, employee, student, military spouse fwhich, while technically a "wife" role, has its own unique issues, so I think we can call it out individuallyl. PTA member, church conmittee chair, blopeer, bock dub member, etc. In addition, the upcoming holiday saason will make you further busier. Last year, during the fall I was attending classes and learning a new job which was very complex. Being a full-time student along with working a full-time job can be chatlenging. Being able to balance work and school can be challenging because i feel like l've been prioritizing work above study. I need to earn money for school, so I must work. For scholarships and decent grades, I still need to continue my education. College is largely dependent on finances. You cannot obtain an education without money. In my case, not working will prevent me from having money or a good education. But I have found that being organized can make it a bit better. However, when learning a new job that is complex you can tend to get overwhelmed. Which happened to me, I felt like every time I completed an assignment at school that was difficult and time-consuming. I was faced with even a more difficult task at work. At times I felt like giving up and hiding trom the world and my responsibilities. The painful reminders that there Through completing the Business Writing Assignment, you constructed a workplace document and engaged in the writing process by taking your instructor's feedback and employing it to improve your assignment. It is important to take time to reflect on your own writing process to hone the process and use it to empower you to improve your process over time. Locate your Business Writing Assignment and evaluate what you wrote. Since this is a reflection, you can include your emotions and reactions, and use the first person ("I′′ ) to write your reflection. In a 550-word reflective response, complete the following elements:
- Discuss your experience writing your assignment, reviewing your instructor's initial feedback, and revising your response.
- Explain some of your writing process and what you thought worked well. - Also, detail some of what in your process you will look to improve for next time.
Answers
Writing the Business Writing Assignment was a challenging yet valuable experience. Receiving and implementing feedback from my instructor helped me improve my work, and I realized the importance of reflection and continuous improvement in my writing process.
Writing the Business Writing Assignment was a journey that involved multiple stages. Initially, I invested time and effort into constructing a workplace document, aiming to meet the assignment requirements. However, it was the process of reviewing my instructor's initial feedback that truly enhanced my understanding and propelled me towards improvement.
By carefully considering the feedback, I gained valuable insights into the strengths and weaknesses of my writing. It allowed me to identify areas that required refinement, such as clarity, organization, or the inclusion of specific details. Armed with this knowledge, I embarked on the revision phase, diligently incorporating the suggestions and making necessary adjustments.
Throughout the writing process, I found certain aspects of my approach to be effective. For instance, I appreciated the value of planning and outlining before diving into the actual writing. This allowed me to structure my ideas and ensure a logical flow in the document. Additionally, seeking feedback from peers or colleagues provided valuable perspectives and helped me fine-tune my work.
However, I recognize the need for improvement in certain areas of my writing process. One aspect I aim to enhance is time management. As the assignment coincided with a busy period in my life, I realized the importance of allocating dedicated time for writing, revising, and incorporating feedback. Improving this aspect will ensure a more balanced and efficient writing process in the future.
In conclusion, the experience of writing the Business Writing Assignment, coupled with the invaluable feedback from my instructor, taught me the significance of reflection and continuous improvement. Through careful analysis of my writing process, I identified strengths to build upon and areas to refine, emphasizing the importance of time management and seeking constructive feedback for future assignments.
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(Economics) This list describes recent events in a country. As you read the list, think about the role of the country’s central bank. The country has seen its GDP decline and unemployment rise for three consecutive quarters. People are buying fewer cars, homes, and other goods and services. One reason people are buying less is that it is more difficult and more expensive to get loans to buy large items. The country’s central bank decides to lower the interest rate on the loans it makes to the banks that people use. Banks lower their interest rates. More people take out loans. With their loans, people start buying more goods and services, especially more expensive items such as cars. Producers require more workers to make these goods and sell them. Unemployment drops, and GDP begins to rise. What action helped unemployment and GDP in this country? Justify your response.
Answers
Answer:
The central bank lowered its interest rates, which made it easier and cheaper for banks to make loans to people. once people could get loans, they could buy more. The increased demand meant more people were employed to make and sell items, and output increased.
Explanation:
Answer:
The central bank lowered its interest rates, which made it easier and cheaper for banks to make loans to people. Once people could get loans, they could buy more. The increased demand meant more people were employed to make and sell items, and output increased.
Explanation: edmentum sample answer
government intervention is one possible solution for market failure. what is one possible reason why a government-controlled used car market may not provide an efficient outcome?
Answers
Correcting market failure issues related to public goods, outside costs and benefits, and perfectly competitive is one of the functions of government. It is always possible for government intervention to lower deadweight losses by bringing markets nearer to efficient solutions.
An outcome can only be accomplished if government actors focus on helping the economy rather than exploiting this option to obtain their personal incentives out of it if government intervention is taken to address market failure.
Government intervention:
Government intervention to correct market imperfections and regulate the macroeconomy may fall short of achieving a socially effective resource allocation. Government engagement in the economy that results in inefficiency and the improper use of limited resources is known as "government failure."
Government-controlled used automobile markets may not be able to achieve the efficient results that we anticipate since the government's incentives may not be in line with what market efficiency prefers.
Government players might have their own motivations that might not line up with the efficiency of the market, which is one cause why a government-controlled used automobile market might not produce an efficient result.
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what are some common tasks performed by Psychiatrists? (Select four options)
A administering first aid and life support care
B collaborating with other medical professionals
C maintaining patient information and records
D developing diagnostic imaging techniques
E prescribing, directing, or administering psychotherapeutic treatments or medications
F analyzing and evaluating patient data or test findings
Answers
Answer:
B, E and F and explanation I share you other thought about it
Explanation:
Psychiatrists are medical doctors who specialize in the treatment of mental health conditions. Some common tasks performed by psychiatrists include:
Conducting initial evaluations and assessments to diagnose mental health conditionsPrescribing and managing medications to treat mental health conditionsProviding individual, family, or group therapy to help patients manage their mental healthDeveloping and implementing treatment plans for patientsCollaborating with other healthcare providers to coordinate care for patientsProviding crisis intervention and support to patients experiencing mental health emergenciesConducting research to advance the field of psychiatry and improve treatment options for patients.Suppose that we have an economy with no investment and no government. Output is produced using labor only. The price level is completely sticky. Assume the following specific functional forms for the relevant equations of the model: Ct = C₁Yt + c₂Yt+1-C3rt (10) N₁ = 1 -Wt (11) NXt=Y1Qt + 7/2€t (12) Yt = At Nt (13) Pt = Pt (14) Y₁ = C₁ + NXt (15) = -m₁it + m₂Yt (16) Tt = it - πt+1 (17) Et = 1-α₁ (rt-rt') (18) Pt a=² P et = (19) The remaining where the parameters C₁, C2, C3, m₁, m2, 71 72 and a₁ are non-negative constants. variables have their usual interpretations. (a) Algebraically solve for an expression for the IS curve. (b) Algebraically solve for an expression for the LM curve. (c) Algebraically solve for an expression for the AD curve. (d) Combine your algebraic expression for the AD curve with the given AS curve (P = Pt) to express equilibrium output, Y, as a function of exogenous variables only. (e) How does the parameter a₁ impact the slope of the AD curve? (f) Consider the case where a₁. Describe what happens to the slope of the AD curve in this case? This case is sometimes referred to as a Small Open Economy, explain briefly the reason for this. M₁ Pt
Answers
The IS curve represents the equilibrium relationship between output and interest rates in the goods market. The LM curve represents the equilibrium relationship between output and interest rates in the money market. The AD curve combines the IS and LM curves to depict the equilibrium relationship between output and the price level in the economy.
The parameter a₁ likely impacts the slope of the AD curve by influencing the sensitivity of investment to changes in the interest rate. A higher value of a₁ would imply a steeper AD curve, indicating that investment is more responsive to changes in interest rates.
A small open economy refers to an economy that engages in international trade and has a relatively small share in the global market. In this context, the parameter a₁ could represent a measure of the openness of the economy and its sensitivity to global factors. A higher value of a₁ may indicate a greater openness to international influences, potentially affecting the slope of the AD curve through trade-related variables like net exports.
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if accounts payable increase during an accounting period, then the cash paid for merchandise purchased is less than the merchandise purchases for the period. select one: true false
Answers
if accounts payable increase during an accounting period, then the cash paid for merchandise purchased is less than the merchandise purchases for the period. This is statement.
If accounts payable increase during an accounting period, it means that the company has purchased more goods and services on credit than it has paid for in cash. As a result, the cash paid for merchandise purchased is less than the total merchandise purchased for the period.
This is because some of the purchases are recorded as accounts payable and will be paid in a future accounting period, which means they are not included in the cash paid amount for the current period.
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Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your
answers to the nearest cent.
a. $1,000 per year for 10 years at 8%. $_
b. $500 per year for 5 years at 4%. $.
c. $1,000 per year for 5 years at 0%. $. d. Rework previous parts assuming they are
annuities due.
•Present value of $1,000 per year for 10 years at
8%: $.
•Present value of $500 per year for 5 years at 4%:
$.
•Present value of $1,000 per year for 5 years at 0%:
Answers
a. The present value of the annuity is approximately $6,710.25. b. The present value of the annuity is approximately $2,234.09. c. The present value of the annuity is $5,000. d. a) The present value of the annuity is $7243.43. d. b) The present value of the annuity is $2323.13. d. c) The present value of the annuity is $5,000.
a. To find the present value of $1,000 per year for 10 years at 8%, we can use the formula for the present value of an ordinary annuity:
PV = PMT * [(1 - (1 + r)⁻ⁿ) / r]
PV = $1,000 * [(1 - (1 + 0.08)⁻¹⁰) / 0.08]
PV ≈ $6,710.25
The present value of the annuity is approximately $6,710.25.
b. To find the present value of $500 per year for 5 years at 4%, we can use the same formula:
PV = $500 * [(1 - (1 + 0.04)⁻⁵) / 0.04]
PV ≈ $2,234.09
The present value of the annuity is approximately $2,234.09.
c. To find the present value of $1,000 per year for 5 years at 0%, we can simplify the formula:
PV = $1,000 * (n)
PV = $1,000 * 5
PV = $5,000
The present value of the annuity is $5,000.
d. For annuities due, the payments occur at the beginning of each period instead of the end. The present value of an annuity due can be calculated by multiplying the present value of an ordinary annuity by (1 + r).
a. Present value of $1,000 per year for 10 years at 8% as an annuity due:
PV = $6,710.25 * (1 + 0.08)
PV ≈ $7,243.43
b. Present value of $500 per year for 5 years at 4% as an annuity due:
PV = $2,234.09 * (1 + 0.04)
PV ≈ $2,323.13
c. Present value of $1,000 per year for 5 years at 0% as an annuity due:
PV = $5,000 * (1 + 0)
PV = $5,000
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The Fairmont Hotels chain of hotels and resorts has a practice of inputting information about a guest's preferences into a database, which is referred to by the employees the next time the guest returns to the hotel. Philip, who is a regular customer of Fairmont Banff Spring. He On arrival, he gets out of the cab, enters the hotel, goes to the guest desk, and talks to the guest executive about his room. These customer interactions are referred to as _____.
Answers
Answer:
Touch points
Explanation:
Touch points of a business are the points at which there are contact with the customer in the course of a business providing service to the customer.
For example a customer may encounter a business brand on its website, through add, or calls to its customer service.
In the given scenario Fairmont Hotels inputs information about a guest's preferences into a database, which is referred to by the employees the next time the guest returns to the hotel.
This is a record of touch points with customer to guage how to give him better service in the future
The trend is away from the cultural or ethically based initiatives to the legal initiative in organizations. group of answer choices true false
Answers
The statement that the trend is away from cultural or ethically based initiatives to legal initiatives in organizations is false. Both ethical and legal initiatives are important and should be pursued by organizations to create a balanced and responsible work environment.
The statement claims that the trend is moving away from cultural or ethically based initiatives to legal initiatives in organizations. To determine if this statement is true or false, we need to consider the current trends in organizational practices.
In recent years, there has been an increasing emphasis on ethical and cultural considerations in organizations. Many organizations recognize the importance of creating an ethical work environment and promoting a positive culture. These initiatives can help to improve employee morale, increase productivity, and enhance the organization's reputation.
However, legal initiatives also play a crucial role in organizations. Compliance with laws and regulations is essential to ensure that organizations operate within the boundaries of the law and avoid legal consequences. This includes adhering to labor laws, environmental regulations, and other legal obligations.
Therefore, while ethical and cultural initiatives are important, legal initiatives are also necessary for organizations to maintain compliance and mitigate legal risks.
In conclusion, the statement that the trend is away from cultural or ethically based initiatives to legal initiatives in organizations is false. Both ethical and legal initiatives are important and should be pursued by organizations to create a balanced and responsible work environment.
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i dont know which category this falls under
Answers
Answer:
C
Explanation:
In order to satisfy the needs and wants that people have, businesses must combine factors of production. The factors of
production are: Capital, Enterprise, Land, Labour.
Case Study:Freshz Coffee
Freshz Coffee has just opened in Dubai. FreshZ will need factors of production.
Give examples of the factors of production it will need and how they will be used.
Answers
Answer:
by utilizing the goods by their proper uses
what can you say about the value of the coefficient of static friction?
Answers
The coefficient of static friction is a dimensionless constant that measures the friction between two objects that are not in motion.
When two objects are at rest, this coefficient specifies how much friction must be overcome to initiate motion. Here are a few points that can be made about the value of the coefficient of static friction: The coefficient of static friction has a maximum value that is determined by the materials and surfaces involved. The coefficient of static friction can be used to determine the maximum angle at which an object can be tilted without slipping. When the coefficient of static friction is high, it is difficult to initiate motion between the two surfaces. Conversely, when the coefficient of static friction is low, it is easier to initiate motion between the surfaces. The coefficient of static friction is determined experimentally and varies depending on the materials and conditions involved.
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. For each action, write YES or NO for whether it will likely decrease your credit score:
a. You request a copy of your credit report
b. You open 5 new credit cards in one month
c. You are 3 months late paying your student loan bill
d. You lose your job, & it takes 4 months to find a new one
Answers
b. Opening 5 new credit cards in one month - YES
c. Being 3 months late paying your student loan bill - YES
d. Losing your job and taking 4 months to find a new one - YES (if you're late on payments as a result)
Why is it important to be extremely careful when completing your 1040 form? 1.The 1040 form determines whether you owe additional taxes or are entitled to receive a refund from the government 2.Mistakes on your 1040 form make you ineligible for employment during the next year 3.Making even one mistake on your federal taxes can result in your being convicted of a crime 4.Completing the 1040 incorrectly will mean the wrong amount of taxes will be withheld from your paychecks going forward
Answers
The answer is option 1. The form determines whether you owe additional taxes or are entitled to receive a refund from the government.
The 1040 form is a crucial document used to report your annual income and determine your tax liability. By accurately completing the form, you ensure that the correct amount of taxes is calculated based on your income, deductions, and credits. Mistakes on the 1040 form can result in errors in tax calculations, potentially leading to underpayment or overpayment of taxes.
This can have significant consequences, such as owing additional taxes or missing out on entitled refunds. Therefore, careful attention to detail is necessary to avoid financial implications and ensure compliance with tax regulations. The answer is 1. The 1040 form determines whether you owe additional taxes or are entitled to receive a refund from the government.
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place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
Answers
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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Which of the following might a lender require for a construction loan? Select all that apply.
1. A car for collateral
2. A 20% down payment
3. Builder qualifications
4. Construction details
NO LINKS (I’ll get you banned if so)
Answers
2. Most lenders require a 20% minimum down payment on a construction loan.
The heart of all management functions that involves choosing among two or more alternatives is called?
Answers
The heart of all management functions that involves choosing among two or more alternatives is known as decision-making. Decision-making is a crucial aspect of management, as it involves selecting the most appropriate course of action from various available options.
Decision-making is at the core of managerial activities in all organizations. Managers are constantly faced with numerous choices and decisions, ranging from routine matters to strategic and complex issues. The process of decision-making involves several steps, including identifying the problem or opportunity, gathering relevant information, generating and evaluating alternative solutions, selecting the best course of action, implementing the decision, and monitoring its outcomes. Managers must assess the potential consequences, weigh the pros and cons of each alternative, and consider factors such as feasibility, cost-effectiveness, and alignment with organizational goals.
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assume that dr. early is a sales representative for pahrzime and for other pharmaceutical companies as well. what would be the main factor that would determine whether he was an employee or an independent contractor for pharzime?
Answers
The main factor that would determine whether Dr. Early is an employee or an independent contractor for Pahrzime would be the degree of control that Pahrzime has over the work that Dr. Early performs.
If Pahrzime has a significant amount of control over the way in which Dr. Early performs his work, then he would likely be considered an employee.
On the other hand, if Dr. Early has a high degree of independence in the way in which he performs his work, then he would likely be considered an independent contractor.
Some of the factors that would be considered in making this determination include:
- Control: If Pahrzime has the right to control the details of Dr. Early's work, such as the hours he works, the tasks he performs, and the equipment he uses, then he would likely be considered an employee.
If, however, Dr. Early has control over these factors, then he would likely be considered an independent contractor.
- Financial arrangement: If Pahrzime provides Dr. Early with a salary, benefits, and other financial incentives, then he would likely be considered an employee.
If, on the other hand, Dr. Early is paid on a commission basis or is required to cover his own expenses, then he would likely be considered an independent contractor.
- Relationship: If Dr. Early has a long-term relationship with Pahrzime, and if Pahrzime provides him with training and support, then he would likely be considered an employee.
If, however, Dr. Early works for Pahrzime on a project-by-project basis and is not provided with training or support, then he would likely be considered an independent contractor.
Overall, the determination of whether Dr. Early is an employee or an independent contractor would depend on a careful examination of the facts and circumstances of his relationship with Pahrzime.
While there is no single factor that is determinative, the degree of control that Pahrzime has over his work would likely be the most important factor in making this determination.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
What accounts are affected. issued check $644 to pay for an advertisement
Answers
Answer:
Bank and Advertisement accounts
Explanation:
Journal entries
Advertisement A/c Dr $644
To Bank A/c $644
(Being advertisement expenses made by cheque)
Bank and Advertisement accounts are affected
Table 1 contains information about the number of new business start-ups in four cities in the UK in 2016.
Using the information in Table 1, calculate, to 2 decimal places, the number of new start-ups in Birmingham as a percentage of the number of new start-ups in London. You are advised to show your workings.
Answers
The number of start-ups in Birningham as a percentage of the start-ups in London is 8.51%.
What are percentages?
Percentage is a measure of frequency. It is the fraction of an amount that is usually expressed as a number out of hundred. The sign used to represent percentages is %.
The number of start-ups in Birningham as a percentage of the start-ups in London = (17473 / 205320) x 100 = 8.51%
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Which of these is an organizational skill?
A. Respect
B. Knowing multiple languages
C. Patience
D. Multitasking
Answers
The ability to prioritize tasks according to those that must be finished right away versus those that can wait, be given to another person, or be done without, is referred to as organizational skills.
Thus, Option D is correct.
Why is it crucial to have organizing skills?No matter where or how you work, having organizational skills can help you manage your current position as well as hunt for new employment or advance in your existing position. With so many requests, responsibilities, and expectations on your plate, being organized can help you make the most of your time, energy, resources, and mental space so that you can accomplish your objectives and complete your work with less stress.
Your physical and digital areas can be organized with the help of organizational skills, which can also help you manage, organize, and plan all you need to do. Simply, having good organizing abilities helps you perform better at work. They help you perform at your highest level at work.
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11. Consider the following hypothesis test: (Answer step-by-step on a separate sheet)
Null is that the population mean is ten and the alternative hypothesis test is that is that the mean is less than ten. Given a sample of 50 and sample deviation of 2, use alpha =0.05, what is the critical value for Z? Compute the value of the test statistic.. What is your conclusion?
12 In line with Q11 above and assuming everything in that question except that the alternative hypothesis is not equal to ten, sample mean is eleven, sample standard deviation is 2.5 and N=36. Answer step-by-step the same questions in Q11. ( Answer step-by-step on a separate sheet)
Answers
Q11:The given hypothesis test: Null hypothesis is that the population mean is ten and the alternative hypothesis is that the mean is less than ten. Sample size, n = 50 Sample standard deviation, σ = 2 Confidence level, α = 0.05 To find the critical value for Z, use the standard normal distribution table or calculator for finding the value for the standard normal distribution corresponding to a left-tailed area of 0.05.
The area to the left of the critical value is 0.05 and the area to the right of the critical value is 0.95. Therefore, the critical value for Z is -1.645. The test statistic Z can be calculated as: Thus, the test statistic Z is -25. To find out whether the null hypothesis should be rejected or not, compare the test statistic Z with the critical value of Z. As the test statistic Z lies in the rejection region (-1.645 to - ∞), we reject the null hypothesis. Hence, the conclusion is that there is sufficient evidence to support the alternative hypothesis that the population mean is less than ten.Q12:Given information:Null hypothesis is that the population mean is tenAlternative hypothesis is that the mean is not equal to tenSample mean is elevenSample standard deviation, σ = 2.5Sample size, n = 36The level of significance is α = 0.05Critical value of Z for two-tailed test can be found using the standard normal distribution table or calculator. The area in each tail is 0.025, and therefore the critical values for Z will be -1.96 and 1.96. To calculate the test statistic Z: Therefore, the test statistic Z is 3.6. As the test statistic lies in the rejection region (1.96 to + ∞ and - ∞ to -1.96), the null hypothesis can be rejected. Therefore, we can say that there is sufficient evidence to support the alternative hypothesis that the population mean is not equal to ten. Hence, the conclusion is that the sample provides sufficient evidence to reject the null hypothesis.
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