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Accounts receivable changes with bad debts. A firm is evaluating an accounts receivable change that would increase bad debts from 2% to 4% of sales. Sales are currently 50,000 units, the selling price is $20…

Clark Paints: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchasing them. The equipment needed would cost…

You are hired as a statistical analyst for Silver’s Gym, and your boss wants to examine the relationship between body fat and weight in men who attend the gym. After compiling the data for weight…

Living in or near a metropolitan area has some advantages. Entertainment opportunities are almost endless in a major city. Events occur almost every night, from sporting events to the symphony. Tickets to these events are…

Annual profit in thousands of dollars is given by the function, P(x) = 5000 - (1000/(x-1)), where x is the number of items sold in thousands, x > 1. describe the meaning of the number…

Using AIU’s survey responses from the AIU data set, complete the following requirements in the form of a 3-page report: TEST #1: Regression Analysis- Benefits & Intrinsic Perform the following Regression Analysis, using a .05…

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. Andre is not one of them. Each barber is paid $9.90 and hour and works a 40…

Singleton Company is trying to determine a predetermined manufacturing overhead. Estimated overhead for the upcoming year is $600,000. Budgeted machine hours are 120,000 hours, and budgeted labor hours are 15,000 hours at a rate of…

Gina's Boutique makes custom jewelry. One item, the guru necklace, is a best seller and sales in units for the first quarter are as follows: January 100,000 units February 150,000 units March 180,000 units Desired…