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Readme [11.4K]
2 years ago
10

Brenda wants to buy a new car and has a budget of $25,000. she has just found a magazine that assigns each car an index for styl

ing and an index for gas mileage. each index runs from 0-10, with 10 representing either the most styling or the best gas mileage. while looking at the list of cars, brenda observes that on average, as the style index rises by one unit, the price of the car increases by $5,000. she also observed that as the gas mileage index rises by one unit, the price of the car increases by $2,500.
Business
1 answer:
IgorC [24]2 years ago
6 0
For each $5000 she spends on the style the record ascends by one, so the most she can accomplish is an auto with style list of 5. For each $2500 she spends on gas mileage the file ascends by one, so the most she can accomplish is an auto with a gas-mileage file of 10. The slant of her spending line is in this way ½.
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Jervis sells $75,000 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 5% f
Natasha2012 [34]

Answer:

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

Explanation:

Step 1 of 2

Calculate the amount of factoring fee.

Factoring fee = 5% ×Account Receivable

=5%×$75,000

=$3,750

​

Step 2 of 2. Journey record. Image attached.

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

4 0
2 years ago
Finance managers spend the majority of their time managing ____.
Juli2301 [7.4K]

Answer:

The answer would be, long-term financial needs

Explanation:

Financial managers maintain a firm’s financial health by developing long-term investment activities and financing strategies.  In order to develop these long-term investments and financing activities, financial managers conduct data analysis and offer advice to senior management on ideas that can maximize the firm’s profits. Moreover, financial managers develop direct investment activities, financial reports, and formulate plans and strategies to achieve the long-term financial goals of a company.  

8 0
1 year ago
Read 2 more answers
Germany did not allow Walmart to sell some items below cost, an example of how a foreign government can constrain _________, whi
Sholpan [36]

Answer: pricing strategy

Explanation:

Pricing strategy refers to method that companies or organizations use in order for them to price their products.

Germany not allowing Walmart to sell some items below cost simply shows an example of how a foreign government can constrain pricing strategy. The reasoning behind this by Germany is to help it's local industries and help prevent it from foreign competition which may end up limiting their growth.

5 0
1 year ago
The risk that can be diversified away in a portfolio is referred to as ___________. I) diversifiable risk II) unique risk III) s
VMariaS [17]

Answer:

Option D. I, II, and IV

Explanation:

3 0
1 year ago
Speed, size, and strength are thought to be important factors in football performance. The article "Physical and Performance Cha
Ilia_Sergeevich [38]

Answer:

no

Explanation:

H0: mean of sample=105

Ha: mean of sampe≠ 105

t-statistic= (population mean-sample mean)/(standard deviation/√sample size)

t-statistic= (105-103.3)/(16.3/√33)

t-statistic= 0.5991

degress of freedom= 32

for alpha 0.05, p-value from t-distributino table is 1.697

since t-statistic is less than the p-value, null hypothesis is accepted.

There is no sufficient evidence to conclude that the mean weight for non-top-20 starters is less than 105 the known value for top-20 teams

4 0
1 year ago
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