The property which states that for independent trials, as the number of trials increases, the long-run relative frequency of an outcome gets closer to the true probability is termed the Law of large numbers.
According to the Law of Large Numbers, when more trials are conducted, the long-run relative frequency of independent, recurring events approaches the real relative frequency. Probability and statistics both heavily rely on the law of large numbers. It claims that if an experiment is independently repeated a lot of times and the results are averaged, the results should be quite near the predicted value.
According to the Law, a trial's relative frequency of the event being measured tends to grow closer to the trial's actual probability of the occurrence when it is run a lot of times.
Learn to know more about Independent trials on
https://brainly.com/question/9490956
#SPJ4
sarah works for a market research firm that has been hired to assess customer perceptions of quality for franchise restaurants in the chain. measuring quality can be challenging because quality is .
Because many intangible elements affect customer happiness, measuring service quality is difficult.
Why is it challenging to evaluate service quality?It is more challenging to determine and assess the quality of a service than a product. With services, there is direct interaction between the supplier and the client, the service is immaterial, and there is a significant chance of inaccuracy. Tangibility, dependability, responsiveness, assurance, and empathy are the five service quality dimensions. You can identify areas for development, evaluate and compare team members' performance, set specific goals to work toward, and raise customer happiness by measuring service quality. Measurement resistance is also brought on by a lack of data understanding, a lack of resources, bad experiences, a lack of data accuracy, and a lack of senior leadership involvement.
learn more about service quality refer to
https://brainly.com/question/15153472
#SPJ4
On august 1, , , inc. , sold equipment and accepted a six-month, %, note receivable. year-end is december 31. How much interest revenue should accrue on december 31, ?.
The correct answer to the given question is $1875. Interest revenue is an entity's earnings from any investments it makes or on the debt it owns.
Interest revenue includes a different, which means reckoning whether or not the accounting system or accounting is employed.
Given that,
Amount of note = $50,000
Time period = 6 months
Interest rate = September 11
Interest amount:
= Principle quantity × rate × period
= $50,000 × 0.09 × (6/12)
= $2,250
Interest increased from 1 August- 31 August Gregorian calendar months:
= (Interest quantity ÷ 6 months) × 5 months
= ($2,250 ÷ 6 months) × 5 months
= $375 × 5 months
= $1,875
Interest revenue represents the quantity of interest an organization attained throughout a selected period.
To learn more about interest revenue, visit here.
https://brainly.com/question/14315121
#SPJ4
the true interest rate used by investors to value a bond issue is referred to as the: multiple choice question. market interest rate prime interest rate stated interest rate nominal interest rate
Option A. The true interest rate used by investors to value a bond issue is referred to as the: is market interest rate.
What is market interest rate?The current interest rate provided on cash deposits is known as the market interest rate. This rate is affected by a number of variables, including as the interest rates set by the central bank, the inflow and outflow of capital, the quantity and length of deposits, and the duration of deposits.
The cost-benefit ratio of the instrument was determined by the market rate, which is the rate of interest on a loan or investment that is typically offered on the market for that product. The market rate for a loan is the typical interest rate that will be assessed to the recipient by a number of lenders.
Learn more about market interest rate here
https://brainly.com/question/23962070
#SPJ1
vilas county hospital consumed 400 boxes of bandages per week last year. the price of bandages was $80 per box, and the hospital operates 52 weeks per year. the cost of processing an order was $64, and the cost of holding one box throughout a full year was 20% of the value of the material. last year the hospital ordered bandages, on average, once every two weeks, each time ordering 800 boxes. what extra cost did the hospital incur that could have been avoided if the eoq concept had been applied? group of answer choices more than $1,450 more than $650 and less than $1,050 less than or equal to $650 more than $1,050 and less than $1,450
The extra cost did the hospital incur that could have been avoided if the EOQ concept had been applied is option B which is more than 1450
The annual cost of ordering = Number of orders×Ordering cost
= (400×52/800)×64
= $1664
The annual cost of holding = Average Inventory×Holding cost
= (800/2)×(0.2×80)
= $6400
Total cost = 6400+1664
= $8064
EOQ = √{(2×Annual Demand×Ordering cost)/(Holding cost)}
= √{(2×400×52×64)/(0.2×80)}
= 408 Approximately
Annual cost of ordering = (400×52/408)×64
= $3262.75
Annual cost of holding = (408/2)×(0.2×80)
= $3264
Total cost = 3262.75 + 3264
= $6526.75
Difference = $8064 - $6526.75
= $1537.25
Hence option B is correct which is more than 1450.
To learn more about cost holding and accounting,
https://brainly.com/question/22917325
#SPJ4
adwords provides a quality score measuring how related a keyword is to an ad's text. what concept does the score refer to?
Adwords offers a quality score that assesses how closely related a keyword is to the text of an advertisement. Relevance is a factor in the score.
What does a Quality Score in Goo-gle AdWords mean?A diagnostic tool called a Quality Score is designed to help you gauge how well your ads stack up against those of other advertisers. The keyword level of this rating, which has a scale of 1 to 10, is accessible.
A higher Quality Score indicates that, in comparison to other advertisers, your ad and landing page are more pertinent and beneficial to someone searching for your keyword. The Quality Score diagnostic tool can help you find areas where your ads, landing pages, or keyword choices could be improved.
Learn more about the quality scores with the help of the given link:
brainly.com/question/17926313
#SPJ4
which target market the Beetle’s makers and promoters were aiming at.
Answer:
(I don't know if this is what your looking for but)Explanation:
The target segment for the new Beetle is 18-34 years olds and baby boomers
WHICH OF THESE INDIVIDUALS IS AN ENTREPRENEUR?????????
A. A farmer who sells his crops in many different countries
B. A banker who is in charge of hundreds of accounts
C. An engineer who gets a mortgage to buy a new house
D. A chef who decides to open her own restaurant
WILL GIVE BRAINLIST
Answer:
The answer is C. Because it brings more profitability to his business1.why do you think starbucks has been so concerned with social responsibility in its overall corporate strategy?
Two reasons Starbucks has been thus involved with corporate social responsibility (CSR) are the negative impact on the corporate if they are not and the money and commercial enterprise rewards as a result.
Starbucks has been engaged in accountable business practices virtually from day one in every operation. To positively impact the communities it works with and in, Starbucks develops community stores that partner with native nonprofits. The nonprofits these stores work with provide services aimed to satisfy the wants of the communities they are settled in.
CSR initiatives for Starbucks cowl a wide selection of business aspects and worker relationships like supporting native communities, educating and empowering staff, gender equality and minorities, energy and water consumption, waste reduction etc.
To learn more about CSR, visit here.
https://brainly.com/question/29065526
#SPJ4
A retailer bought a carton of 36 deluxe brownie mixes for $43. 20. The markup will be 40 percent. At what price will a box of deluxe brownie mix sell to the public?.
Answer:
$1.67
Explanation:
If they are purchasing a carton of 36 Deluxe Brownie Mixes for $43, they are paying $1.19 per box. With a 40% markup, that is $0.47 on top or a total price of $1.67 per box.
if a california avocado stand operates in a perfectly competitive market, that stand owner will be a price:
If a local California avocado stand operates in a perfectly competitive market, that stand owner will be a price-taker.
In a perfect competition, who is the price taker?
A perfectly competitive firm is a price taker, which means it must accept the equilibrium price at which it sells goods. If a perfect competition firm attempts to charge even a small amount more than the market price, it is unable to make any sales.
A price-taker is any firm that is unable to influence the general level of commodity prices by changing the quantity of product produced; a firm operating in a perfect competition market is, by definition, a price-taker.
Therefore, In a perfectly competitive market, the owner of a local California avocado stand will be a price taker.
Learn more about the competitive market from the given link.
https://brainly.com/question/29407851
#SPJ4
a default premium is the interest rate premium group of answer choices under normal market circumstances. for government debt. when there are no market fluctuations. covering the default risk.
A default premium is the interest rate premium Option(c) covering the default risk.
What is Premium?Health insurance premiums you pay each month. A deductible, copayment, and coinsurance typically accompany your health insurance premium. Premium tax credits may help you lower your costs with a Marketplace health plan.
Choosing a plan might not be as easy as choosing the one with the lowest monthly premium. An insurance plan with a higher premium but a lower deductible can save you a lot of money if you need a lot of health care.
Questiona default premium is the interest rate premium group of answer choices under normal market circumstances. for government debt. when there are no market fluctuations. A default premium is the interest rate premium
Option(a) under normal market circumstances.
Option(b) when there are no market fluctuations.
Option(c) covering the default risk.
Option(d) for government debt.
To Learn more about Premiums:
https://brainly.com/question/13724529
#SPJ4
alma won a beauty contest and received $7000 in cash. in 3 years, when alma turns 21, she wishes to go to las vegas. her parents agree to pay for her hotel and air. but she needs spending cash. her credit union will pay 6% per year compounded quarterly. how much will alma have for her trip when she turns 21, if she invests her money in this account?
Alma would have $ 4,269.61 for her trip in four years if the $3,500 is invested at 5% compounded quarterly
The amount she would have for her trip in four years' time can be computed using the future value formula which is given as:
FV=PV*(1+r/t)^N*t
PV is the amount she has today which is $3,500
r is the rate of return the credit union offered her, that 5%
t is the number of times in a year the interest is compounded which is 4
N is the number of years the investment would last which is 4 years
FV=$3,500*(1+5%/4)^4*4
FV=$3,500*(1+1.25%)^16
FV=$3,500*(1.0125)^16
FV=$3,500*1.219889548
FV=$4,269.61
Learn more about future value:
https://brainly.com/question/14860893
#SPJ4
jpr company's preferred stock is currently selling for $28.00 and pays a perpetual annual dividend of $2.00 per share. underwriters of a new issue of preferred stock would charge $3 per share in flotation costs. the firm's tax rate is 40%. compute the cost of new preferred stock for jpr. group of answer choices 9.15% 4.80% 7.14% 8.00%
the cost of new preferred stock for JPR is 8%
Dividend / (sale price-flotation cost)
= 2/(28-3)
= 8%
Preferred stock is a type of stock that usually pays a fixed dividend before the issuer's common stock is distributed. Because this payment is typically cumulative, any delayed prior payments must be made to preferred stock holders before distributions can be made to common stockholders. However, preferred stockholders typically gain this advantage in exchange for giving up the right to share in any additional earnings generated by the company, limiting the amount the shares can appreciate in value over time. Unlike common stock, preferred stock can have several features added to it to make it more appealing to investors or easier for the issuing company to buy back.
For more information on Preferred stock, visit :
https://brainly.com/question/15078323
#SPJ4
which function will calculate the final value of an investment of $100 a month that earns 4% interest over 5 years?
FV is the future value function will calculate the final value of an investment of $100 a month that earns 4% interest over 5 years.
Investment is the commitment of funds toward the acquisition of an asset with the goal of achieving an increase in value over time. A current asset, like time, money, or effort, must be sacrificed in order to invest. In the world of finance, investing is done to get a return on the asset put up for investment. An asset or item acquired with the intention of generating income or recognition is referred to as an investment. An economic investment is the acquisition of goods that are not consumed right away but are used to create wealth down the road. An asset that is purchased with the hope of earning money, making a profit, or seeing a price increase is called an investment. Return refers to the benefit received from the investment. Returns and risk are inversely correlated. The returns are higher the higher the risk.
Learn more about Investment here:
https://brainly.com/question/15105766
#SPJ4
esther pays $532 per month for 4 years for a car. she made a down payment of $3,700. if the loan costs 7.1% per year compounded monthly, what was the cash price of the car? a) $33,131.29 b) $18,473.44 c) $25,731.29 d) $22,173.44 e) $25,873.44 f) none of the above.
$25873.44 is the cash price of the car. The price paid or received for immediate delivery of a good or asset is known as the cash price. The current supply and demand for that good or asset determines the cash price.
What is cash price?The price paid or received for immediate delivery of a good or asset is known as the cash price. The current supply and demand for that good or asset determines the cash price. Cash prices, sometimes referred to as spot prices, are used to set the pricing for futures or forwards and are associated with them.
The price at which items may be purchased using cash as payment, often known as the cash price of the commodities. The total sum that the hire-purchaser is required to pay under the terms of the agreement is referred to as the hire-purchase price. The Price to Cash Ratio aims to determine a share's value in relation to its Cash holdings.
To learn more about cash price refer to:
https://brainly.com/question/4099983
#SPJ4
What is the best example of an etiquette guideline new employees should follow? question 2 options: take credit for a coworker's ideas if you can get away with it bully employees lower on the company hierarchy to help with your tasks let your teammates know if you could potentially miss a deadline arrive five minutes late for meetings because they never start on time
Answer:
To help with your tasks let your teammates know if you could potentially miss a deadline.
a firm looking to quickly adjust its market share or revenue would change which element of the marketing mix?
A company that wants to quickly change its revenue or market share would change a part of the marketing mix price.
When a company gains market share, what does it do?
A company begins to dominate an industry when its market share grows. A company can exercise certain powers, such as increased bargaining power, with increased industry dominance.With suppliers and members of the distribution channel, the company begins to gain the upper hand and can negotiate to its advantage.
Pricing is the only part of the marketing mix that brings in money; the other three are cost centers, or they make a company more expensive.The business model is strongly correlated with pricing.The company's revenue streams are conceptually represented in the business model.
How important is price in the marketing mix?
Price is probably the most important part of the marketing mix because it ultimately decides how much money a company makes and how long it stays in business.
Learn more about marketing mix price here:
https://brainly.com/question/28395764
#SPJ1
a balanced scorecard (bsc) is used to measure the performance of the simulated business. which indicators are used in the calculation of the bsc? choose all that apply.
The choices are all valid. A balanced scorecard (BSC) is used to assess the effectiveness of the fictitious company.
A balanced scorecard (BSC) is what.A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance various internal business activities and the results they have on the outside world. Balanced scorecards are a widespread tool used by businesses in the United States, the United Kingdom, Japan, and Europe to measure and provide feedback to organizations.
In order to produce quantitative results, data collection is essential because managers and executives must gather and analyze the data. The decision-making of company personnel for the future of their organizations can be improved with the help of this information.
Learn more about the balanced scorecard (BSC) with the help of the given link:
brainly.com/question/17206239
#SPJ4
Correct Question:
A balanced scorecard (BSC) is used to measure the performance of the simulated business. which indicators are used in the calculation of the BSC? choose all that apply.
Customer Retention
Total Performance
Market Performance
Marketing Effectiveness
the three major types of vertical marketing systems are corporate, contractual, and multiple choice delegated. cooperative. administered. integrated. categorical.
The three major types of vertical marketing systems are corporate system, contractual system, administered system.
It is centrally controlled marketing channel which is designed to achieve the maximum marketing impact.
Corporate system is the combination of the stages of the production and distribution system under the same ownership . It is categorised into forward integration and backward integration.
Contractual system is the system under which production and distribution system integrate on the contractual basis. There is so single ownership under this system.
Administered system is the system which integrates production and distribution on the basis of size and influence of one channel member instead of ownership.
To know more about vertical marketing system:
https://brainly.com/question/14184050
#SPJ4
southeast plumbing had cash sales for the month totaling $732,000. southeast offers a 6-month warranty on its services. if southeast estimates warranty claims will equal 3% of sales, the journal entry to record the estimated warranty expense for the month is:
Charge for warranty, $21,960; credit The probable warranty amount due is $21,960.
What is the estimated cost of the warranty?
a liability account that details the anticipated cost of repairing or replacing a product during its warranty period. At the time of the sale, the amount of the liability is recorded.
Is the warranty payment credited or debited?
With a debit to the warranty expense account and a credit to the warranty liability account, accrue the warranty expense. Debit the warranty liability account and credit the inventory account for the cost of the replacement products and parts sent to customers as actual warranty claims are received.
Learn more about warranty amount here:
https://brainly.com/question/14227081
#SPJ4
Compared to marketing channels for consumer products, business channels exhibit what two characteristics?.
The 2 characteristics of business channels; The channel tends to have confidence in one intermediator or none.
The channel is usually shorter.
Inter- manner "among, among," associate degree intermediator is somebody WHO actions to and fro within the middle location between 2 sides—a "cross-between." Treater (which stocks the medi- root) is usually a word, and then is a facilitator; broking and agent square measure often others.
An intermediator may be a third party that offers intervention offerings between events that involve transfer messages between principals in an exceeding dispute, stopping a direct bit and capability increase of the matter.
To learn more about marketing channels, visit here
https://brainly.com/question/28945398
#SPJ4
The prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low-coupon bonds, other things held constant.
The statement that the prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low-coupon bonds, other things held constant is a True statement.
A Bond may be defined as the kind of collateral that is brought or sold by any individual or firm in order to gain profits in the near future. The price of the bond will increase as the bond will earn an amount of interest and bond will earn interest within its maturity period and after maturity period the price of bond will be increased. The coupon rate may be defined as the rate at which the bond will yield an interest. It is the rate which will be paid by the issuer. A high-coupon bond will be the one in which the coupon rate will be more and the interest earned will be more. A low-coupon bond will be the one in which the coupon rate will be less and the interest earned will be less, High coupon bonds are less sensitive as compared to low coupon bonds.
Learn more about Bonds at:
brainly.com/question/25965295
#SPJ4
Complete Question:
The prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low-coupon bonds, other things held constant. True or False
when a new internal service fund is established with a transfer of funds (not to be repaid), which account would be credited in the internal service fund?
If a new internal service fund is established with a transfer of funds (not to be repaid), The account that would be credited in the internal service fund is: B. Interfund Transfer In.
What is Interfund Transfer In?Inter-fund Transfer In can be defined as the process of moving or transferring fund from one fund account into another fund account.
Based on the information given interfund transfer in will be credited while cash will be debited in the internal service fund.
Therefore the correct option is B.
Learn more about Inter-fund Transfer here:https://brainly.com/question/14179776
#SPJ1
The complete question is:
When a new internal service fund is established with a transfer of funds (not to be repaid), which account would be credited in the internal service fund?
Cash.
Interfund Transfer In.
Interfund Transfer Out.
Estimated Revenues.
a software company issues shares of stock to the public for the first time in order to raise funds for a planned product expansion. what financial market is the company participating in? primary capital market primary money market secondary money market secondary capital market
A software company issues shares of stock to the public for the first time in order to raise funds for a planned product expansion. what financial market is the company participating in Primary capital market.
Shares and stock are two terms that are often used interchangeably, but they actually refer to two different things. Shares refer to a unit of ownership in a company, while stocks refer to a collection of shares that are traded on a stock exchange.
When you buy shares in a company, you are buying a small piece of that company and becoming a shareholder. When you buy stocks, you are buying a bundle of shares in multiple companies.
Hence, the correct option is "First".
To know more about shares, click here.
https://brainly.com/question/28392295
#SPJ4
if a country had a trade surplus of $100 billion and then its exports rose by $40 billion and its imports rose by $30 billion, its net exports would now be
The net exports would now be $110 billion.
What are net exports?
A country's overall commerce is gauged by its net exports. The calculation of net exports is straightforward: Net exports are calculated as the total value of a country's exports less the total value of its imports of goods and services.
If a country's net exports are positive, it has a trade surplus; if they are negative, it has a trade deficit. Thus, a country's overall trade balance includes its net exports as part of it.
A nation with positive net exports earns more money from the sale of its commodities abroad than it does from all of its imports combined. The total amount of products and services that a nation exports to other countries includes all of its exports of goods, freight, travel, tourism, communication, and other services.
to learn more about net exports click:
https://brainly.com/question/26428996
#SPJ4
what was the name of the model that allowed for growth, scalability, and monopolistic control of an idea, service, or process, that was followed by future entrepreneurs?
Human centered design.
The study of a methodology known as “human-centered design” is one that focuses on finding solutions to issues or challenges related to product design or the formulation of managerial activities that aid in problem solving. It enables a single entrepreneur to advertise their preferred concepts. It enables a single entrepreneur to advertise their preferred concepts. The benefit of human-centered design thinking is not guaranteed by it. It entirely relies on the entrepreneurs to contribute their own ideas without consulting the team.
To know more about Human -centered visit:https://brainly.com/question/29347500
#SPJ4
when buying groceries, many shoppers prefer certain products simply because they have a familiar brand name. this preference best illustrates the importance of: please choose the correct answer from the following choices, and then select the submit answer button. answer choices social facilitation. the mere exposure effect. mirror-image perceptions. deindividuation.
The following statement, the correct answer is the mere exposure effect.
According to a psychological phenomenon known as the "mere exposure effect," people are more likely to favor objects or persons that they are already familiar with. Familiarity grows with repeated exposure. It follows that the familiarity effect is another name for this phenomenon.
Our propensity to form preferences for things only because we are familiar with them is known as the mere exposure effect. It also goes by the name of the familiarity principle for this reason.
To know more about Mere exposure effect here
https://brainly.com/question/7369098
#SPJ4
describe the relationship between the acceptable level of detection risk and the nature, timing, and extent of substantive procedures to be performed by the auditor.
The auditor selects the appropriate detection risk for a financial statement assertion based on the assessed risk of material misstatement.
In order to bring audit risk down to a reasonable level, the level of detection risk needs to be lower than the risk of a material misstatement.
How typically are control risk and detection risk related?The combined level of inherent and control risks is inversely correlated with the detection risk. For instance, in order to bring audit risk down to a level that is acceptable, acceptable levels of detection risk must be low when inherent and control risks are high.
Learn more about detection risk here:
https://brainly.com/question/4298484
#SPJ4
the following single-step income statement was prepared by the accountant of the axel corporation: axel corporation income statement for the year ended december 31, 2024 revenues and gains: sales revenue $ 592,000 interest revenue 32,000 gain on sale of investments 86,000 total revenues and gains 710,000 expenses and losses: cost of goods sold$ 325,000 selling expense67,000 administrative expense87,000 interest expense16,000 restructuring costs55,000 income tax expense40,000 total expenses and losses 590,000 net income $120,000 required: prepare a multiple-step income statement applying generally accepted accounting principles. the income tax rate is 25%.
A multiple-step income statement for 2024 is shown below.
Axel Corporation
Multiple-Step Income Statement
For the Year Ended December 31, 2024
The income statement is as follows:
Sales 592,000
Less: Cost of goods sold 325,000
Gross profit (A) 267,000
Operating expenses:
Selling expenses 67,000
Add: Administrative expenses 87,000
Add: Restructuring costs 55,000
Total operating expenses (B) 209,000
Income from operation (C = A - B) 58,000
Less: Interest expenses 16,000
Add: Interest & dividend 32,000
Add: Gain on sale of investment 86,000
Income before taxes (D) 160000
Less: Income tax (E = D * 25%) 40000
Net income (F) 120000
Earning per share (G) 1.20
No. of shares outstanding (H = F/G) 100000
Learn more about income statement:
https://brainly.com/question/28035395
#SPJ4
if the standard deviation of demand is 10 and the desired service level is 0.90, then what is the safety stock? group of answer choices 23.3 16.5 12.8 9 10
Safety stock is 12.9 if the standard deviation of demand is 10 and the desired service level is 0.90 .
What is Safety stock ?
Logisticians refer to a degree of excess stock as "safety stock" to reduce the danger of stockouts (a shortage of raw materials or packaging) brought on by erratic supply and demand. A sufficient safety stock level enables company activities to operate as planned. [1] Safety stock is kept as a precaution against stockouts when there is uncertainty regarding demand, supply, or production yield.
A safety stock is an extra quantity of a product kept in the inventory to lower the possibility that it will run out. It serves as a buffer stock in the event that sales are higher than anticipated or the supplier is unable to supply the extra units on time.
To learn more about Safety stock checkout the link below :
https://brainly.com/question/14054595
#SPJ4