The Company's preliminary Net Income can be determined as $575.
Preliminary net income = Total Revenue - Total Expenses
= $575 ($4,230 - $3,655)
Revenue:
d. Sales Revenue $680
f. Service Revenue $2,870
i. Service Revenue $680
Total Revenue $4,230
Expenses:
a. Wages Expense $1,700
e. Utilities Expense $1,360
h. Travel Expense $115
k. Advertising Expense $480
Total Expenses $3,655
Thus, the company generated a preliminary net income of $575 for the period.
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Answer:
a. A Strategic budget will be used by the upper management in planning for the next five years.
b. A flexible budget will be used by a store manager who wants to plan for different levels of sales.
c. A Cash budget will be used by an accountant who wants to determine whether the company has sufficient funds to cover expenses.
a. A Master Budget will be used by a CEO who wants to make companywide plans for the next year.
Explanation:
- Strategic budget, is finnancial planing to achieve the long term goals of the company.
- flexible budget is used for different level of sales volume.
- Cash budget usted for forescast the cash balance.
- Master Budget uses a schedule to present financial statements.
Answer:
B. fine manipulative movements
Explanation:
It is correct to say that Hans is an employee with skills in the area of fine manipulative skills, which corresponds to the ability to control the realization of movements with the hands of offal, as in the manufacture of manual pendulum clocks, where it is necessary to manipulate small objects for the carrying out a job with a good finish and standardization. The ability of fine manipulative movements allows him stability when performing a job that requires attention, coordination and control over the hands.
Answer:
2.361
Explanation:
Calculation to Find the value of the test statistic
Based on the given information let our:
p=0.25
x = 159
n = 540
Since our p is 0.25 the first step is to find q using this formula
q = 1 - p
Let plug in the formula
q = 1-0.25
q= 0.75
Second step is to find the psample using this formula
psample= x/n
Let plug in the formula
psample= 159/540
psample = 0.294
Last step is to find the value of the test statistic
Using this formula
z= (psample - p) / √(pq/n)
Let plug in the formula
z = (0.294 - 0.25) / √(0.25×0.75/540)
z=0.044/√(0.1875/540)
z=0.044/√(0.000347222222)
z=0.044/0.01863389
z=2.361
Therefore the value of the test statistic will be 2.361