BUSINESS COLLEGE

Autoliv in Ogden, Utah creates airbags. The deployment time of an airbag should be between 21 and 27 milliseconds and their current average is 22 milliseconds with a standard deviation of 0.25 milliseconds. Determine the process capability index if they were to center the mean.

Answers

Answer 1

Answer:

Answer:

Explanation:

The calculation of the process capability index is given below

Data provided in the question according to the question is as follows

USL = 27

LSL = 21

Now we take the average

X = (21 +27) ÷ 2

= 24

The standard deviation is 0.25

= min(USL - mean ÷ 3 × standard deviation , mean - LSL ÷ 3 × standard deviation)

After solving this the process capability index is 4

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A problem in using the judgment by market structure criterion is that: O it is the most subjective standard.
O it is difficult to determine the relevant industry and geographic market.
O it is an expensive and time-consuming standard.
O each action of a firm must be analyzed separately and within a particular context.

Answers

Answer:

The problem faced while using the judgement by the market structure criteria is that it is difficult for determining the geographic market and the relevant industry.

Explanation:

Market structures criteria are the kind or type of goods and services being traded, the size as well as the numbers of the consumers and the producers in the market and the degree to which the information could flow freely.

So, the problem which can be faced while using the judgement by the market structure criteria is that it is difficult for determining the geographic market and the relevant industry.

Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. Louvers plans to prepare financial statements as of June 30, the end of its fiscal year. Prepare the necessary June 30 adjusting entry for Louvers by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

Answers

If Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. The necessary June 30 adjusting entry for Louvers will be:

Debit Interest receivable $125

Credit Interest revenue $125

Louvers, Inc. Adjusting Journal entry

Debit Interest receivable $125

Credit Interest revenue $125

($15,000 × 10% × 30/360)

(To record interest receivable)

The Interest amount of $125 calculated as ($15,000 × 10% × 30/360) is due at maturity. Between May 31 and June30, a total of 30 days passed.

Inconclusion the necessary June 30 adjusting entry for Louvers will be:

Debit Interest receivable $125

Credit Interest revenue $125

Learn more here: brainly.com/question/20397637

Answer:

Interest receivable

To Interest revenue

(Being the interest receivable is recorded)

Explanation:

The adjusting entry is as follows

Interest receivable

To Interest revenue

(Being the interest receivable is recorded)

The computation is shown below:

= Principal × rate of interest × number of days ÷ (total number of days in a year)

= $15,000 × 10% × (30 days ÷ 360 days)

= $125

The 30 days is calculated from May 31 to June 30

Producers' total revenue will decrease if A. The price rises and demand is inelastic. B. income increases and the good is a normal good. C. the price rises and demand is elastic. D. income falls and the good is an inferior good.

Answers

Answer:

The correct answer is letter "C": the price rises and demand is elastic.

Explanation:

Price elasticity of demand describes the relationship between changes in quantity demanded and prices. It is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal to or greater than 1, the demand is elastic. This means in front of relatively small changes in price, major changes in quantity demanded will occur.

Therefore, if a good or service increases in price being the product inelastic, the quantity demanded is likely to drop (demand law) implying the producers' revenue will be decreased.

Expenses include all of the following except: Multiple Choice making a payment on account. using supplies. paying for electricity used during the current period. paying wages for production workers for work performed during the current period.

Answers

Answer:

using supplies

Explanation:

An expense can be described as cost incurred by a company in a bid to earn revenue.

When supplies are used no explicit cost is incurred in the process so it doesn't qualify as an expense.

I hope my answer helps you

Expenses include making a payment on account, using supplies, and paying wages for production workers for work performed during the current period.

What is not considered an expense?

However, paying for electricity used during the current period is not considered an expense. Instead, it is categorized as an operating cost or utility cost.

Expenses typically refer to the costs incurred by a business in its day-to-day operations, such as purchasing inventory, paying wages, or using supplies.

Answers

Answer:

Pakistan's GDP is 13.81 trillions of rupees.

Explanation:

GDP = C + I + G + NX

Here:

C = 10.50

I = 1.30

G= 2.80

NX = (1.30 - 2.09) = -0.79

GDP = 10.50 + 1.30 + 2.80 - 0.79

GDP = 13.81

A profit maximizing competitive firm in a market with NO externalities will produce the quantity of output whereA) price = marginal cost
B) marginal revenue = marginal cost
C) marginal benefit = marginal cost
D) all of these are true

Answers

A profit maximizing competitive firm in a market with NO externalities will produce the quantity of output where

price = marginal cost
marginal revenue = marginal cost
marginal benefit = marginal cost

Option D

Explanation:

All of the options are true.

In a highly competitive market, companies set marginal incomes at marginal cost level (MR= MC) in order to make a profit. MR is the pitch of the profit curve, which represents the (D) and price (P) of the demand curve as well.

It is necessary to have positive, or negative economic benefits in the shorter term. The company profits whenever the price exceeds the total average cost. The company loses on the market if premiums are less than average total costs.

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