Professor Wellman is constructing a demographic questionnaire for use in aresearch project. One question asks students to report whether they are currentlyliving in an "urban," "suburban," or "rural" setting. This is an example of a/an:A. nominal scale.B. ordinal scale.C. ratio scale.D. interval scale.
Answers
Answer:
B. ordinal scale
Explanation:
- The ordinal scale the scale of the measurement that uses the labels and classified them into an arranged orders and implying that the class must be put into such as order were one class is considered to be greater than other class.and this label exists on a four levels of measurement. as the ranking of the urban and suburban and the rural areas.
Related Questions
In March 2017, the money price of a carton of milk was $1.76 and the money price of a gallon of gasoline was $2.39. Calculate the relative price of a gallon of gasoline in terms of milk.
initial cash investment of $388,000. The project will produce no cash flows for the first two years. The projected cash flows for years 3 through 7 are $69,000, $88,000, $102,000, $140,000, and $160,000, respectively. How long will it take the firm to recover its initial investment in this project?
The net income reported on the income statement for the current year was $250,771. Depreciation recorded on fixed assets and amortization of patents for the year were $35,093 and $10,838, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows:End Beginning Cash: $50,000 $60,000Accounts receivable: 112,000 108,000Inventories: 105,000 93,000Prepaid expenses: 4,500 6,500Accounts payable- (merchandise creditors): 75,000 89,000What is the amount of cash flows, from operating activities, reported on the statement of cash flows, prepared by the indirect method?
An unfavorable flexible budget variance for variable expenses would indicate that: Group of answer choices the expenses of the company were less than what they had planned. more units were actually sold than the company had originally budgeted to sell. actual variable expenses were higher than the flexible budget variable expenses. fewer units were actually sold than the company had anticipated.
Answers
Answer:
Cost of Equity 8.794%
Explanation:
We can solve for the cost of equity using the CAPM
risk free 0.0291
premium market = market rate - risk free 0.071
beta(non diversifiable risk) 0.88
Ke 0.09158 = 9.158%
Or using the gordon dividend grow model
D= 3.57
return = ?
growth 0.0325
stock = 68.91
we solve for return:
return = 0,08430670 = 8.43%
Now we have two diferent rates, so we can do an average to get the best estimate cost of equity
(9.158 + 8.43)/2 = 8.794%
Final answer:
The company's cost of equity, based on provided data points and the Capital Asset Pricing Model (CAPM), is calculated to be 9.14% annually.
Explanation:
Cost of equity is typically estimated using the Capital Asset Pricing Model (CAPM). Under the CAPM, the cost of equity is a function of the risk-free interest rate, the equity's beta, and the expected market risk premium. In this case, we can substitue the given values into the CAPM equation, which is: Cost of Equity = Risk-free rate + Beta * Market Risk Premium. Therefore, the company's cost of equity can be calculated as: Cost of Equity = 2.91% + 0.88 * 7.10% = 9.14%. As for the dividends, they are growing at a rate of 3.25% annually, but they are not directly contributing to the company's cost of equity.
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For all other assets and liabilities, book value and fair value were equal. Any excess of costover fair value was attributed to goodwill, which has not been impaired. For all other assets and liabilities, book value and fair value were equal. Any excess of costover fair value was attributed to goodwill, which has not been impaired.
What is the amount of goodwill associated with the investment?
Answers
Answer:
Amount of goodwill associated with the investment is $500,000
Explanation:
The first step is to calculate the total value of GainsvilleCo:
Total Value of GainsvilleCo = 2,500,000 / 25% = $10,000,000
Book value of GainsvilleCo's underlying assets = $8,000,000
Goodwill = 10,000,000 - 8,000,000 = 2,000,000
Austin Corp Investor share = 25% of 2,000,000 = $500,000
Answers
Answer:
$608,000
Explanation:
For the indirect method, the below steps are applicable.
Net income $600,000 + Add non cash expense (depreciation) $45,000
= $645,000
We will need to account for changes in assets; which is add sources of cash and subtract use of cash. Therefore, net cash flow from operating activities is ;
= $645,000 + (-$25,000) + (-$12,000)
= $645,000 - $25,000 - $12,000
= $608,000
Note: The above negative signs indicates cash usage which reduces accounts payable and increases accounts receivable.
b. $4,866.67
c. $1,958.33
d. $2,433.33
e. $2,700.00
Answers
Answer:
$2,316.67
Explanation:
From the question we know that the asset is depreciated in 3 years
The monthly depreciation expenses before re-determine savage value
= ($64,800-$11,400)/36 = $1,483.33
Because management determine to reduce $5,000 in salvage value (=$11,400-$6,400) just before 6 months ending depreciation period, then we have to allocate $5,000 in next 6 months.
The depreciation expense during the last six months of Year 3 would be:
= current depreciation expense $1,483.33 + $5,000/6
= $2,316.67
Bere Captal 75,000, and
Carroll Capital - $50,000
The carrying amounts of the assets and liabilities of the partnership are the same as their current fair values. Dorr will be admitted to the partnership with a 20% capital interest and a 20% share of net income and losses in exchange for a cash investment. The amount of cash that Dorr should invest in the partnership is:
Answers
Answer:
The correct answer is $62,500.
Explanation:
According to the scenario, the given data are as follows:
Apple Capital = $125,000
Bere Capital = $75,000
Carroll Capital = $50,000
So, the total capital = $125,000 + $75,000 + $50,000 = $250,000
So, we can calculate the Dorr invest amount by using following formula:
Dorr invest amount = Present capital - Initial total Capital
Where, Present Capital = $250,000 ÷ ( 100% - 80%) = $312,500
By putting the value, we get
Dorr invest amount = $312,500 - $250,000
= $62,500.
Final answer:
Dorr should invest $50,000 to acquire a 20% capital interest in the partnership of Apple, Bere, and Carroll LLP.
Explanation:
The total capital of Apple, Bere and Carroll LLP is the sum of the capital accounts of the three existing partners: Apple ($125,000) + Bere ($75,000) + Carroll ($50,000) = $250,000. We know Dorr is buying a 20% capital interest, that would mean that Dorr should invest an amount equivalent to 20% of the total current capital. Hence, Dorr's investment would be 20% of $250,000, which equals $50,000.
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Answers
Solution:
(1) Net sales $110,000 $100,000 Wage benefit + $10,000 QBI.
Winning $50,000 home prices is exempt.
(2) Deductions for AGI 0.
(3) Adjusted gross income 110,000 (1) − (2)
(4) Regular deduction 24,000 Married registration together.
(5) 16,500 deductions, which have been recorded.
(6) Greater regular allowances or comprehensive allowances 24,000 24,000 Greater of (4) or (5)
(7) Deduction for qualified business income 2,000 $10,000 QBI × 20%
(8) Total deductions from AGI 26,000 (6) + (7)
(9) Taxable income $ 84,000 (3) − (8)
(10) Income tax liability $ 10,359 (84,000 - 77,400) × 22% + 8,907 (see tax rate schedule for married filing jointly).
(11) Other taxes 0
(12) Total tax $ 10,359 (10) + (11)
(13) Credits (6,500 ) Child credits for four children (3 ×$2,000 + 1 × $500)
(14) Prepayments (3,550 )
Tax due with return $ 309 (12) + (13) + (14)