All categories

2 years ago

Which of the following is a discrete quantitative variable?

Business

1 answer:

Elza [17]2 years ago

5 0

Answer:

D. The number of employees of an insurance company.

Explanation:

The variable that measures the numbers such as height, number of people, shoe sizes is called the discrete quantitative variable. Therefore, option "D" is the answer. Anyone can measure the number of employees. It is not continuous process too.

The volume of water cannot be measured with a specific value, and the Dow Jones Industrial average is not a certain value. So, those options are incorrect either. Although Option "C" can be measured with a value, it cannot be interrupted and continuous process. Hence, it is also wrong.

You might be interested in

Other data not yet recorded at December 31 include Insurance expired during the current year, $6. Wages payable, $4. Depreciatio

galina1969 [7]

Answer:

Using the adjusted balances, give the closing entry for the current year.

Explanation:

Db Insurance expense 6000

Cr Prepaid expenses 6000

Db Wages payable 4000

Cr Cash 4000

Db Depreciation expense 9000

Cr Accumulate depreciation 9000

Db Income tax expense 7000

Cr Tax payable 7000

3 0

2 years ago

Read 2 more answers

Which one of the following statements is correct?

Marianna [84]

Answer:

b. Income from both sole proprietorship and partnerships is taxed as individual income.

Explanation:

According to the following statements, the correct option is b. as income from both sole proprietorship and partnerships is taxed as individual income as there is no specific tax rates or separate tax rate so, in this forms of business organization, the income that is generated should be filed in their individual tax return

Hence, all other given statements are wrong as a general partnership is totally different from the corporation plus partnership is not the most complicated form of business. Neither all business organizations have by-laws nor the sole proprietorship has limited lives but the partnership has also limited lives.

3 0

2 years ago

Variable $100,000 $ 25,000 Fixed 150,000 75,000 Total $250,000 $100,000 What is the initial selling price needed to obtain a tar

hodyreva [135]

Answer: $8.00

Explanation:

Details missing in question are:

These costs are for 50,000 units.

$250,000 is manufacturing cost. $100,000 is administrative cost.

The total manufacturing cost is shown to be $250,000 above.

A profit of $50,000 is needed in addition to this cost as well as the administrative cost of $100,000.

Total revenue expected is therefore:

= 250,000 + 100,000 + 50,000

= $400,000

50,000 units are to be sold so to make a revenue of $400,000, each unit should be sold for:

= 400,000 / 50,000

= $8.00

8 0

2 years ago

Selected financial data for Spark Enterprises follows for a production level of 120,000 units: (4 points) Total fixed costs $300

Marta_Voda [28]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Total fixed costs= 300,000

Total costs= $450,000

Units= 120,000

A) Unitary variable cost= 150,000/120,000= $1.25

B) Units= 75,000

<u>The fixed costs remain constant no matter how many units are made (between relevant ranges).</u>

Total fixed costs= $300,000

C) UNits= 160,000

Total variable costs= 1.25*160,000= $200,000

D) Units= 180,000

Total fixed costs= 300,000

Total variable costs= 1.25*180,0000= 225,000

Total costs= $525,000

6 0

2 years ago

Loretta Bolero wants to run for office but cannot devote more than two years to the job. What office do you suggest that Loretta

MAVERICK [17]

A vacant senant seat so A

7 0

2 years ago

Read 2 more answers