The following data were collected about 10 houses that were sold in March in Crystal, KY.
At the 0.05 significance level, test the hypothesis that there is no significant relationship between square footage and selling price.
| Square Footage | Selling Price | ||
| (Feet) | (Us Dollars) | ||
| 1450 | 150000 | ||
| 1900 | 212000 | ||
| 1670 | 195000 | ||
| 2000 | 235000 | ||
| 1450 | 175000 | ||
| 2200 | 275000 | ||
| 1900 | 180000 | ||
| 2400 | 255000 | ||
| 3000 | 230000 | ||
| 2800 | 245000 | ||
In: Statistics and Probability
Critically evaluate DeBeers and its vision, value and ethics and its capability to successfully innovate. What is the current position in respect of their corporate social responsibility initiatives and are there any further actions that might be necessary for DeBeers to fulfill its corporate sustainability initiatives? Justify your position taken and provide supporting evidence from a range of external sources, including those of the company to support your academic argument. (Minimum 2000 words)
In: Economics
Each of the following describes the situation currently faced by a perfectly competitive firm. In each situation, determine the firm's profit and whether the firm is maximizing profit. If the firm is not maximizing profit, determine how the firm must respond to increase its profit.
a. P=$5, Q=500, TVC = $1500, AFC = $1, MC=AVC
b. AR = $10, Q=100, TC = $2000, TVC=$1500, MC = $10
In: Economics
Juan is a salesman for L. L. Bowers Corp. He has a choice of three compensation plans. Plan 1 pays $2500 per month. Plan 2 pays $2000 per month plus 15% commission. Plan 3 pays $1700 per month plus 30% commission. Graph the three plans and determine which is best. I need this graphed in excel but i am not sure how to do it.
In: Advanced Math
Consider following production possibilities for two countries
|
Baguettes |
Cars |
|
|
Germany |
1000 million |
1 million |
|
France |
2000 million |
.8 million |
Which of the following is true?
Group of answer choices
France has an absolute advantage in the production of baguettes
Germany has an absolute advantage in the production of both goods
France has a comparative advantage in the production of cars
France has an absolute advantage in the production of both goods
In: Economics
Can you find a break-even point analysis and profit analysis? Profit and loss income statement projected for the next 3 years first year monthly
•R&D Expenses $7000 each year
•S&A $3000 each month
•Salaries 10 people with $9000 each month
•Costumer Satisfaction $8000 each month
•Rent of office $5000 each month
•Cost of recipes $2000 each month
In: Economics
A company produces a special new type of TV. The company has fixed costs of $476,000 and it costs $1300 to produce each TV. The company projects that if it charges a price of $2300 for the TV, it will be able to sell 750 TVs. If the company wants to sell 800 TVs, however, it must lower the price to $2000. Assume a linear demand.
What price should the company charge to earn a profit of $734,000?
It would need to charge $
In: Math
I sold everything I produced. Sales were $10,000. Variable product cost was $4000. Fixed overhead was $2000. Administrative expenses were $3000. do an absorption costing income statement and a variable costing statement, then answer the following questions.
A. $6,000
B. $1,000
C. $4,000
|
Cost of goods sold is |
|
|
Gross profit is |
|
|
variable product cost is |
|
|
Contribution margin is |
|
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both statements have a net income of |
In: Accounting
Last Year, Miranda house boutique experienced a loss of 2% on a gross margin of 38% and expenses of 40% totaling $37000. The boutique owner plans for a 5% increase in net sales and cost of goods sold this year. If she can lower her expenses by $2000, how much profit can she earn this year (in dollars)? Set up a skeletal P&L statement to demonstrate your calculations and response.
In: Accounting
In: Nursing