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Tasya [4]
1 year ago
11

Brewsky's is a chain of micro-breweries. Managers are interested in the costs of the stores and believe that the costs can be ex

plained in a large part by the number of customers patron­izing the stores. Monthly data regarding customer visits and costs for the preceding year for one of the stores have been entered into the regression analysis and the analysis is as follows:
Average monthly customer-visits 1,462

Average monthly total costs $ 4,629

Regression Results

Intercept $ 1,496

b coefficient $ 2.08

R2 0.86814


Based on the data derived from the regression analysis, what are the estimated costs for 1,600 customer-visits in a month? (CMA adapted)


A) $6,125.


B) $4,629.


C) $3,328.


D) $4,824.
Business
1 answer:
Anna35 [415]1 year ago
5 0

Answer:

Correct choice: D

Explanation:

Regression Equation = Intercept + Slope * Customer visits in a month

Estimated costs = 1496 + 2.08 * 1600 = 4824

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Answer:

$330

Explanation:

The computation of the dividend income received as on July 31 is shown below:

where,

Total number of shares purchased is

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And, the dividend per share is $1.10

So, the dividend income received is

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7 0
1 year ago
Two fatal flaws can render a business model untenable from the beginning. These are:
bixtya [17]

Answer:

The correct answer is the option A: failure to complete a business plan and failure to get funding.

Explanation:

To begin with, if an entrepreneur failures to complete a business plan and to get funding then the most probable thing to happen is that his business will be untenable from the beginning due to the fact that if the person do not possesses money and a plan to put his ideas in action he will never achieve his primary goals, that is, obtaining profits at long term. Therefore that if there is no business plan in which the company must focus and there is no money to carry out that strategy then the business model is doomed.

6 0
1 year ago
a) Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate s
Rashid [163]

Answer: yes

Explanation:

Converting each to pounds it equals 13.3 pounds

8 0
1 year ago
Read 2 more answers
You are considering a 10-year, $1,000 par value bond. Its coupon rate is 8%, and interest is paid semiannually. If you require a
Schach [20]

Answer:

$1,061.28

Explanation:

We need to calculate the present value of the bond using the minimum effective rate of 7.1225%

First we calcualte the present value of an annuity of $80 for 10 years

C * \frac{1-(1+r)^{-time} }{rate} = PV\\

80 * \frac{1-(1+7.1225%)^{-10} }{7.1225%} = PV\\

PV = $558.72

Then we calculate the $1,000 in 10 years present value

\frac{Principal}{(1 + rate)^{time}}= PV

\frac{1,000}{(1 + 7.1225%)^{10} } = PV

PV =  $502.57

Then we add both values

$502.57 + $558.72 = $1,061.28

This will be the present value AKA market price which yields the minimun rate of 7.1225%

7 0
1 year ago
The following is TRUE about Inventory:________.A. Firms decrease inventory because there is a risk of significant and unpredicta
Aleks [24]

Answer:

The correct answer is option (c).

Explanation:

Solution

From the question sated above the answer is, Firms or organisation decrease inventory because the more we spend on inventory, the more we will need to spend on the other related inventory expenditures.

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7 0
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