Explain the importance of statistics in business decision

Assignment Help Accounting Basics
Reference no: EM13452976

What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision.

Reference no: EM13452976

Questions Cloud

Conflict resolution is a necessary skill for any manager or : conflict resolution is a necessary skill for any manager or leader. in this assignment you will examine the difference
How would you define dependent and independent variables : how would you define dependent and independent variables? what is their significance in research? explain with
Develop five demographic questions to measure gender age : develop five demographic questions to measure gender age years of experience level of education and ethnicity.
Do you feel is most important for global economy and why do : of the three functions of money which one do you feel is most important to you and why? of the three functions which
Explain the importance of statistics in business decision : what is the importance of statistics in business decision making? describe a business situation where statistics was
Health care systems around the world provide different : 1 health care systems around the world provide different levels and types of care and are paid for in dramatically
Discuss the risks and potential of biological andor : discuss the risks and potential of biological andor chemical attacks on the united states. discuss and address the
Check websites as well how is e-commerce applied in : consider the organization you selected wal-mart. integrate the concepts and operationsmanagement principles that youve
Based on the given scenario develop a plan of action that : based on the given scenario develop a plan of action that includes how you would conduct the investigation state how

Reviews

Write a Review

Accounting Basics Questions & Answers

  Total budgeted overhead cost for a month

The Inn's variable overhead costs are driven by the number of guests. What would be the total budgeted overhead cost for a month if the activity level is 70 guests?

  Peyton report as capitalized interest

Peyton's incremental borrowing rate was 12 percent throughout 2011, and the total amount of interest incurred by Peyton during 2011 was $204,000. What amount should Peyton report as capitalized interest at December 31, 2011?. $480,000

  Costs according to budgeted usage

Variable operating costs $6.50 per ton-mile, Fixed Costs $8,000,000. Each of the retail outlets is charged for cost of products delivered to it. What is the allocated cost per ton-miles in 2003 if costs are allocated according to budgeted usage?

  Show how the 3000000 of short-term debt should be presented

on december 31 2014 hernandez company had 3000000 of short-term debt in the form of notes payable due february 2 2015.

  Toledo corporation price-earnings ratio

Toledo Corporation's common stock is selling for $50 per share on the New York Stock Exchange. Toledo Corporation's price-earnings ratio is:

  Design an audit program for the cycle

Design an audit program for the cycle in no more than 1,050 words. Consider using a checklist or flowchart to outline your process.

  Journalize the entries to close income summary

After closing all expense and revenue accounts at the end of the year, Income Summary has a credit balance of $90,000, that Sharp and Townson have agreed to split on a 2:1 basis, respectively.  (a) Journalize the entries to close the income summar..

  Computing book value per share and total book value

One stockholder owned 550 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of February 5.

  Cash register tape for leprechaun industries

The cash register tape for Leprechaun Industries reported sales of $7,783.12. Record the journal entry that would be necessary for each of the following situations: (a) Cash to be accounted for exceeds cash on hand by $52.60.

  Journalize all entries required on the abouve dates

Journalize all entries required on the abouve dates, including entries to update depreciation, where applicable, on assets disposed of. Thomas Company uses straight-line depreciation. (Assume depreciation is uo to date as of Dec 31 2005.

  Show journal entries for demi being admitted

Show journal entries for Demi being admitted into the partnership.

  Amount of adjusting entry for bad debts

An aging of accounts receivable indicated that $192,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd