Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 06, 2021

A car salesperson's sales for the month are as follows: four days with no sales, ten days with one sale, twelve days with two

A car salesperson's sales for the month are as follows: four days with no sales, ten days with one sale, twelve days with two sales, three days with three sales and two days with four sales. Calculate the average daily sales?

Step by Step Solution

★★★★★

3.40 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

Total no of sales 01 2 3 4 To... 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

Step: 3

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 An Introduction to Concepts, Methods and Uses

Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis

14th edition

978-1111823450, 1-133-36617-1 , 1111823456, 978-1-133-3661, 978-1133591023

More Books

Students explore these related Accounting questions

Question

Let Vf -2xe two ways sin(y) i+ecos(y)j. Find the change in f between (0,0) and Let Vf -2xe two ways sin(y) i+ecos(y)j. Find the change in f between (0,0) and (1,/2) in (a) First, find the change by...

Answered: 3 weeks ago

Question

JAJ Incorporated reported a balance in retained earnings of $26,571 million at the beginning of the year and $28,132 million at the end of the year. Its dividends payable account increased by $233...

Answered: 3 weeks ago

Question

The projected benefit obligation was $80 million at the beginning of the year. Service cost for the year was $10 million. At the end of the year, pension benefits paid by the trustee were $6 million...

Answered: 3 weeks ago

Question

Question 2A) Explain the differences between right issues and bonusissues. Your answer should include the advantages and disadvantagesof both right issues and bonus issues. [ 8marks}b) Explain pos 0...

Answered: 3 weeks ago

Question

Show that, for any constants a and b, the set D = {(t, y) | a t b, Answered: 1 week ago

Answered: 3 weeks ago

Question

Suppose K is the Gram matrix computed from V1,. " , v" V relative to a given inner product. Let K be the Gram matrix for the same elements, but computed relative to a different inner product. Show...

Answered: 3 weeks ago

Question

1. During the 1960s and 1970s, some educators suggested that students of color and students living in poverty were culturally disadvantaged. The cultural deficit model implied students home cultures...

Answered: 3 weeks ago

Question

Analyzing and Interpreting the Inventory Turnover Ratio Dell Inc. is the leading manufacturer of personal computers. In a recent year, it reported the following in dollars in millions: Net sales...

Answered: 3 weeks ago

Question

This problem summarizes typical transactions engaged in by notforprofit organizations. The American Association for Freedom, a political think tank, was recently established. During its first year of...

Answered: 3 weeks ago

Question

What Happens When You Dont Deliver on Your Promises Web: www.clearly.ca Facebook: Clearly Canadian If a new product or service seems like the perfect option to solve a problem or capitalize on an...

Answered: 3 weeks ago

Question

I need the cash flow ststement in good form. Balance 12/31/19 Balance 12/31/18 $125,000 52,000 4,000 30,000 $ 48,000 33,000 3,000 80,000 5,000 240,000 40,000 9,000 42,000 10,000 Cash Accounts...

Answered: 3 weeks ago

Question

Scenario: Generally, we have considered sexual harassment actions or verbal abuse of women to be done by men. Over the past several decades, the culture of society has evolved. The diversity of sex...

Answered: 3 weeks ago

Question

Global cities are performing a differentiated function within a global network of exchange and they play specific roles in specific networks. What are examples of such roles and networks? Taipei and...

Answered: 3 weeks ago

Question

Nomsa feels her low performance rating is unfair as she was not aware of all the concerns and deadlines. During which stage can Nomsa raise her dissatisfaction? a. Performance contract b. Performance...

Answered: 3 weeks ago

Question

A coal-powered power plant requires a heat transfer of 2.5 x 1014 J into the plant is per full day of operation, with an efficiency of 36%. If the turbines in the power plant were upgraded to improve...

Answered: 3 weeks ago

Question

A train approaches a station at a constant speed, sounding its whistle continuously. Three students are discussing what an observer standing at a station would hear as the train is approaching:...

Answered: 3 weeks ago

Question

On May 1, 2015, Peters Company purchased 80% of the common stock of Smith Company for $51,500. Additional data concerning these two companies for the years 2015 and 2016 are: 2015 2016 Peters Smith...

Answered: 3 weeks ago

Question

Solve each equation or inequality. |6x8-4 = 0

Answered: 3 weeks ago

Question

Radion Corporation reported a balance in Income Taxes Payable of $78.1 million at the beginning of the year, $60.1 million at the end of the year, and income tax expense for the year of $161.5...

Answered: 3 weeks ago

Question

Company A and Company B both start 2012 with $1 million of shareholders equity and 100,000 shares of common stock outstanding. During 2012, both companies earn net income of $100,000, a return of 10%...

Answered: 3 weeks ago

Question

Microchem Corporation reported a balance of 5,196 million in accounts receivable at the beginning of the year and 5,334 million at the end of the year. Its statement of cash flows using the direct...

Answered: 3 weeks ago

Question

=+a. Calculate an estimate of how much plastic hardness is increased or decreased by switching from the brand A resin to the brand B resin.

Answered: 3 weeks ago

Question

=+24. Refer to Example 4.15 and Figure 4.2(b). Suppose the hardness measurements (in Mohs) of plastics in four test runs are as follows: 2.6 2.8 3.2 3.6 Brand A Machine 1 Machine 2 Brand B

Answered: 3 weeks ago

Question

=+25. To estimate the accuracy and precision of an instrument that measures lengths, a .300-in. gauge block was used as a reference standard and was measured five times. The resulting measurements...

Answered: 3 weeks ago

Previous Question Next Question