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FromTheMoon
24 days ago
5

A researcher has the task of estimating how many units of a revolutionary new high-speed office copier machine (it does not requ

ire ink cartridges and is guaranteed not to jam) will be purchased by business firms in Cleveland, Ohio for the upcoming annual sales forecast. Her plan is to ask the likelihood that they will purchase the new device, and for those who are "very likely" to purchase, she wants respondents to estimate how many machines their company will buy. She has data to divide the companies into small, medium, and large firms based on number of employees at the Cleveland office. What sampling plan should be used?
Business
1 answer:
harina [3.8K]24 days ago
7 0
A sampling plan can be viewed as a strategy involving intelligent steps that allow a researcher to select a sample from the general population to assess answers to the current questions. In this situation, a company has developed innovative photocopy machines, and the research task is to estimate the demand for these machines from businesses in Cleveland. The sampling method that could be utilized involves probability sampling techniques, specifically Simple Random Sampling and Systematic Sampling. The defined sample frame comprises the organizations in Cleveland, which should be categorized into small, medium, and large based on their employee numbers. The researcher must evaluate each organization, collecting data through simple random sampling where every organization is assessed. Using systematic sampling, business in Cleveland can be listed for analysis with an arbitrary selection for examination. Given that every organization needs to be evaluated and categorized, a structured approach using Simple Random Sampling and Systematic Sampling is required.
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Jackson Electric Services Company incurred​ $800 as a repair expense and paid for it in cash. The company is a sole proprietorsh
harina [3808]
The correct response is Option D. Owners' equity indicates the funds provided by owners for business operations, incorporating initial investments and accumulated profits. In this scenario, the $800 expense does not result in any new assets or liabilities; hence, it will impact the income statement by reducing profits, thus lowering owners' equity.
5 0
1 month ago
Karl Harris, a marketing critic, is concerned about the pervasiveness of marketing. He points out that advertising messages are
stepan [3596]
The correct answer is B) Cultural pollution. Cultural pollution refers to the degradation of culture that occurs when an overwhelming amount of art, language, clothing, media, and products without real significance saturates society. It can often be experienced in earnest by those who are uncritical, as well as ironically appreciated by the educated and disillusioned.
6 0
1 month ago
Leelanau Corporation uses a job-order costing system. The following data are for last year: Work in process beginning balance $
Scilla [3833]

Answer:

The answer is $138,500.

Explanation:

The data provided includes:

WIP beginning = $10,500

WIP ending = $19,000

Cost of goods manufactured = $323,000

Direct material = $115,000

Direct labor = $78,000

We can calculate the total overhead using the formula:

Overheads = Total manufacturing costs - Direct materials - Direct labor

Where Total manufacturing cost = Cost of goods manufactured + Ending WIP - Beginning WIP,

= $323,000 + $19,000 - $10,500

= $331,500

Now, substituting values into the formula:

Overheads = $331,500 - $115,000 - $78,000

= $138,500

Therefore, the calculated overhead amount is $138,500.

3 0
2 months ago
Charles Schwab Corporation is one of the more innovative brokerage and financial service companies in the United States. The com
Scilla [3833]

Answer and Explanation:

a. Below is the computation of the contribution margin for each segment:

                                                     (in millions)

Details            Investor Advisor             Services Services  

Revenue from

operations              $1,681                                  $1,660

Plus:

Depreciation           $171                                     $154

Contribution

Margin                    $1,852                                  $1,814

2. Next, we assess the decrease in operating income

                                                   (in millions)

Details         Combined services          Institutional Services  

Total Revenue          $9,368                                $4,771

Less:

Variable expense    $5,702                                 $2,919

                    ($2,919 + $2,783)

Contribution

margin               $3,666                                 $1,852

Less:

Fixed costs         -$325                                    -$171

Net earnings        $3,341                                  $1,681

So from the previous calculations, it shows that the net operating income has decreased by

= $3,341 - $1,681

= $1,660 million

The variable costs can be calculated as

= Service revenues minus income from operations minus depreciation expense

7 0
23 days ago
Outlines give you a chance to organize your thinking before determining word choice and sentence structure.
stepan [3596]

Answer:

a. Ensure every sub-point is distinct

f. Break the main topic into significant parts

Explanation:

An outline serves as a form of a content table, aiding readers in grasping the article's overall message. Creating an effective outline can be tough. Here are some elements that can enhance an outline's efficiency.

Placing the main idea in the title is crucial. Below the title, partition the topic into significant segments (Option F). Utilizing sub-points makes the content more relevant (Option A). Moreover, merging sub-points into larger sections improves the article's appeal (Opposite of Option B). Avoid separating the main topic from the title; this may render the outline confusing (Opposite of Option D).

8 0
25 days ago
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