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Vaselesa [24]
2 years ago
12

A team of builders has surveyed buyers of their new homes for years. Consistently, only 48% of the buyers have indicated they we

re "quite satisfied" or "very satisfied" with the construction quality of their homes. The builders have adopted a revised quality inspection system to try to improve customer satisfaction. They have surveyed 400 buyers since then; these buyers seem representative, with no systematic changes from past purchasers. Of the 400 buyers, 210 indicated they were quite or very satisfied. Did they reach their goal? What is the appropriate test to perform?

Business
1 answer:
Assoli18 [71]2 years ago
3 0

Answer:

Explanation:

So, the hypothesis is:

H0 : p = .48 versus Ha : p≠ .48

check the picture attached for more explanation

You might be interested in
ASSETS Cash $ 20,000 Accounts receivable 80,000 Inventory 50,000 Net plant and equipment 250,000 Total assets $ 400,000 LIABILIT
Dahasolnce [82]

Answer:

The firm's receivable turnover is 20 times

Explanation:

The computation is shown below:

Accounts receivable turnover ratio  = (Credit sales ÷ average accounts) receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($0 + $50,000) ÷ 2

= $25,000

And, the net credit sale is $500,000

Now put these values to the above formula  

So, the answer would be equal to  

= ($500,000 ÷ $25,000)

= 20 times

And, the average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio

= 360 days ÷ 20

= 18 days

7 0
2 years ago
When using the indirect method to calculate and report net cash provided or used by operating activities, which of the following
Neporo4naja [7]

Answer:

Decrease in income taxes payable are subtracted from net income

Explanation:

1) Bad debts expense. Expenses with no cash outflows are added back to net income

2) Decrease in income taxes payable are subtracted from net income

3) Depreciation expense  are added to net income.

4) Decrease in merchandise inventory  are added to net income.

5) Amortization of intangible assets  are added to net income.

4 0
2 years ago
Who were ibm's major competitors in the personal computer industry during the 1990s?
pav-90 [236]

IBM's major competitors in the personal computer industry during the 1990s included Compaq, Dell, Apple, AST, AT&T, NEC, and Daewoo.

 

<span>To add,  IBM</span> is an American multinational technology company headquartered in Armonk, New York, United States<span>, with operations in over 170 countries.</span>

4 0
2 years ago
Read 2 more answers
Huron has provided the following year-end balances: Cash, $25,000 Patents, $7,900 Accounts receivable, $9,300 Property, plant, a
WITCHER [35]

Answer:

$74,900

Explanation:

Given that,

Cash = $25,000

Patents, = $7,900

Accounts receivable, = $9,300

Property, plant, and equipment, = $98,700

Prepaid insurance, = $3,600

Accumulated depreciation, = $10,000

Inventory, = $37,000

Retained earnings, = 15,500

Trademarks, = $12,600

Accounts payable, = $8,000

Goodwill, = $11,000

Therefore,

Huron's current assets:

= Cash + Accounts receivable + Prepaid insurance + Inventory

= $25,000 + $9,300 + $3,600 + $37,000

= $74,900

3 0
2 years ago
Drew Enterprises reports all its sales on credit, and pays operating costs in the month incurred. Estimated amounts for the mont
Afina-wow [57]

Answer:

$312,000

Explanation:

Given that,

August Sales = $300,000

July sales = $330,000

Customer amounts on account are collected 60% in the month of sale and 40% in the following month.

Cash Receipts during August:

= (August Sales × 60%) + (July Sales × 40%)

= ($300,000 × 60%) + ($330,000 × 40%)

= $180,000 + $132,000

= $312,000

Therefore, the cash is budgeted to be received during August is $312,000.

8 0
2 years ago
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