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2 years ago

The problem with relying on a point estimate of a population parameter is that:

1 answer:

6 0

<span>The point estimate is typically not correct for the entire population, is typically not very accurate when looking at larger sample sizes, and is also unable, when used by itself, to show how far the estimate is from the population parameter. A single value is not usually a good way to describe an entire population, without some sort of alpha to show a confidence interval.</span>

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On July 16, 2019, Logan acquires land and a building for $500,000 to use in his sole proprietorship. Of the purchase price, $400

stellarik [79]

Answer and Explanation:

The computation is shown below:

a) The adjusted basis for the land and the building at the acquisition date is

Land = $100,000

Building = $400,000

We recognized the purchase price of land and building

b. And, the adjusted basis for the land and the building at the end of 2019 is

Land = $100,000

Building is

= $400,000 - $4,708

= $395,292

We considered the cost recovery for the computation above

4 0

2 years ago

Reese, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December, she received

muminat

Answer:

a. What is the after-tax cost if she pays the $39,000 bill in December?

= $23,000 x (1 - 32%) = $15,640

b. What is the after-tax cost if she pays the $39,000 bill in January? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)

total after tax cost (including investment revenue):

= $23,000 x (1 - 37%) = $14,490

= -$23,000 x 7% x 1/12 x (1 - 37%) = -$84.53

= $14,405.47

c. Should Reese pay the $23,000 bill'in December or January?

January , since the after tax cost is lower

d. What is the after-tax cost if she expects her marginal tax rate to be 24 percent next year and pays the $23,000 bill in January?

= $23,000 x (1 - 24%) = $17,480

= -$23,000 x 7% x 1/12 x (1 - 24%) = -$101.97

= $17,378.03

e. Should Reese pay the $23,000 bill in December or January if she expects her marginal tax rate to be 32 percent this year and 24 percent next year?

December, since the after tax cost is lower

3 0

1 year ago

John, Lesa, and Trevor form a limited liability company. John contributes 60 percent of the capital, and Lesa and Trevor each co

lianna [129]

Answer: State Law.

Explanation:

This dispute falls under the jurisdiction of state law and so that is what the court will use. This is unless the company established a profit-sharing agreement as per the Uniform Limited Liability Company Act (ULLCA) and the state that they are in is one of the 19 states and District that enacted the UCCLA.

As the company never established a profit agreement principle, this falls under State law which normally calls for the division of profits equally amongst partners.

5 0

1 year ago

Suppose that coffee growers sell 200 million pounds of coffee beans at $2 per pound in 2015 and 240 million pounds for $3 per po

VARVARA [1.3K]

Answer: C) the demand for coffee beans has increased

Explanation:

The law of supply states that: "all things being equal" the higher the price the higher the quantity supplied and the lower the price, the lower the quantity supplied.

Coffee growers sold just 200 million pounds of coffee when the price was $2 per pound but they increased their supply of coffee to 240 million pounds when the price per pound is $3.

This is an evidence to show that suppliers supply more products when price increase in order for them to make more profits.

3 0

2 years ago

This program will store roster and rating information for a soccer team. coaches rate players during tryouts to ensure a balance

Vedmedyk [2.9K]

Answer:

Explanation:

#include <iostream>

#include <vector>

using namespace std;

int main() {

vector<int> jerseyNumber;

vector<int> rating;

int temp;

for (int i = 1; i <= 5; i++) {

cout << "Enter player " << i

<< "'s jersey number: ";

cin >> temp;

jerseyNumber.push_back(temp);

cout << "Enter player " << i

<< "'s rating: ";

cin >> temp;

rating.push_back(temp);

cout << endl;

}

cout << "ROSTER" << endl;

for (int i = 0; i < 5; i++)

cout << "Player " << i + 1 << " -- "

<< "Jersey number: " << jerseyNumber.at(i)

<< ", Rating: " << rating.at(i) << endl;

char option;

while (true) {

cout << "MENU" << endl;

cout << "a - Add player" << endl;

cout << "d - Remove player" << endl;

cout << "u - Update player rating" << endl;

cout << "r - Output players above a rating"

<< endl;

cout << "o - Output roster" << endl;

cout << "q - Quit" << endl << endl;

cout << "Choose an option: ";

cin >> option;

switch (option) {

case 'a':

case 'A':

cout << "Enter a new player's"

<< "jersey number: ";

cin >> temp;

jerseyNumber.push_back(temp);

cout << "Enter the player's rating: ";

cin >> temp;

rating.push_back(temp);

break;

case 'd':

case 'D':

cout << "Enter a jersey number: ";

cin >> temp;

int i;

for (i = 0; i < jerseyNumber.size();

i++) {

if (jerseyNumber.at(i) == temp) {

jerseyNumber.erase(

jerseyNumber.begin() + i);

rating.erase(rating.begin() + i);

break;

}

break;

case 'u':

case 'U':

cout << "Enter a jersey number: ";

cin >> temp;

for (int i = 0; i < jerseyNumber.size();

i++) {

if (jerseyNumber.at(i) == temp) {

cout << "Enter a new rating "

<< "for player: ";

cin >> temp;

rating.at(i) = temp;

break;

}

break;

case 'r':

case 'R':

cout << "Enter a rating: ";

cin >> temp;

cout << "\nABOVE " << temp << endl;

for (int i = 0; i < jerseyNumber.size();

i++)

if (rating.at(i) > temp)

cout << "Player " << i + 1

<< " -- "

<< "Jersey number: "

<< jerseyNumber.at(i)

<< ", Rating: "

<< rating.at(i) << endl;

break;

case 'o':

case 'O':

cout << "ROSTER" << endl;

for (int i = 0; i < jerseyNumber.size();

i++)

cout << "Player " << i + 1 << " -- "

<< "Jersey number: "

<< jerseyNumber.at(i) << ", Rating: "

<< rating.at(i) << endl;

break;

case 'q':

return 0;

default:

cout << "Invalid menu option."

<< " Try again." << endl;

}

4 0

1 year ago