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zvonat [6]
2 years ago
12

An airport shuttle company forecasts the number of hours its drivers will work based on the distance to be driven (in miles) and

the number of jobs (each job requires the pickup and drop-off of one set of passengers) using the following regression equation:
Travel time=-0.60+0.05(distance)+0.75(number of jobs)



On a given day, Victor and Sofia drive approximately the same distance but Sofia has two more jobs than Victor. If Victor worked for 4 hours, for how long can the company expect Sofia to work?
Business
1 answer:
siniylev [52]2 years ago
3 0

Answer:

5.5 Hours

Explanation:

The main difference among both the drivers is the number of jobs and the difference of working hours can only be determined by adding number of jobs.  Sofia has two more jobs compared to victor. Following is the method to calculate the working hours:

4+0.75(2)=5.5 hours

Sofia is expected to work for 5.5 hours

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2 years ago
Yates Co. uses the allowance method to account for bad debts. At the end of the period, Yate's unadjusted trial balance shows an
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Answer:

Debit to bad debts expense in the amount of $5,000

Explanation:

The computation of the bad debt expense is shown below:

= Credit sales × estimated percentage given

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= $5,000

The journal entries are  also shown below; for better understanding

Bad debt expense A/c Dr  $5,000

  To Allowance for doubtful debts  $5,000

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The other information which is given in the question is not relevant. Hence, ignored it

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2 years ago
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A good measure of average should be:
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Answer:b

Explanation:

8 0
2 years ago
A ten-year, inflation-indexed bond has a par value of $10,000 and annual coupon rate of 5 percent. During the first six months s
Anvisha [2.4K]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

Par value of bond = $10,000

Coupon rate Annual = 5%

So, Coupon rate semi annual = 2.5%

Inflation rate semi annual = 2%

So, we can calculate the coupon payment for six months by using following formula:

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So, Coupon payment = New par value × Coupon rate semi annual

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5 0
2 years ago
Ruiz Co. provides the following sales forecast for the next four months. April May June July Sales (units) 500 580 540 620 The c
nexus9112 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales:

April= 500

May= 580

June= 540

July= 620

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To calculate the production for each month, we need to use the following formula:

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Beginning inventory= (145)

Total production= 570 units

June:

Sales= 540

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Beginning inventory= (135)

Total production= 560 units

4 0
2 years ago
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