Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a ) Calculate the mean revenue generated per month for a business that earned $ 1 0 , 0 0 0 in January, $ 1

a) Calculate the mean revenue generated per month for a business that earned
$10,000 in January, $12,000 in February, and $14,000 in March.
[5 marks]
b) If a company has 50 employees and 30% of them are in management positions,
how many employees are in managerial roles?
[3 marks]
c) A company's quarterly profits were $50,000,$60,000,$55,000, and $65,000 for the
first, second, third, and fourth quarters, respectively. What is the total profit for the
year?
[2 marks]
a) If a product has been sold 500 times and returned 25 times, what is the return rate
as a percentage?
[5 marks]
b) Calculate the median annual salary for a company with the following salaries:
$40,000,$45,000,$50,000,$55,000,$60,000,$65,000,$70,000.
[3 marks]
c) If a survey of customer satisfaction yields 85 responses, and 70% of respondents
are satisfied with the company's service, how many customers are satisfied?
[2 marks]
a) Calculate the standard deviation of the following set of data: 10,12,14,16,18.
[7 marks]
b) If a company's total expenses for the year were $500,000 and its revenue was
$800,000, what is the profit margin as a percentage?
[3 marks]
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Theory

Authors: Craig Deegan

3rd Edition

0070277265, 978-0070277267

More Books

Students also viewed these Accounting questions

Question

Identify the human resource management functions.

Answered: 1 week ago

Question

Describe who performs human resource management activities.

Answered: 1 week ago