Business, 26.02.2020 01:21 twirlergirl406
Brewsky's is a chain of micro-breweries. Managers are interested in the costs of the stores and believe that the costs can be explained in a large part by the number of customers patronÂizing the stores. Monthly data regarding customer visits and costs for the preceding year for one of the stores have been entered into the regression analysis and the analysis is as follows:
Average monthly customer-visits 1,462
Average monthly total costs $ 4,629
Regression Results
Intercept $ 1,496
b coefficient $ 2.08
R2 0.86814
Based on the data derived from the regression analysis, what are the estimated costs for 1,600 customer-visits in a month? (CMA adapted)
A) $6,125.
B) $4,629.
C) $3,328.
D) $4,824.
Answers: 3
Business, 21.06.2019 20:50
Suppose the price of frozen yogurt, a substitute for ice cream, increases. what happens to equilibrium price and quantity of ice cream? a. the price and quantity of ice cream both increase b. the price and quantity of ice cream both decrease c. the price of ice cream increases and the quantity decreases d. the price of ice cream decreases and the quantity increases
Answers: 3
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
Business, 22.06.2019 20:20
Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
Answers: 2
Business, 23.06.2019 18:10
Enjoli enjoys science and foreign language classes. she loves working with people and volunteers in the local shelter and library on a regular basis, but she is not fond of flying. which career is she most likely to enjoy?
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Brewsky's is a chain of micro-breweries. Managers are interested in the costs of the stores and beli...
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