Business Math (11th Edition)
11th Edition
ISBN: 9780134496436
Author: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Videos
Question
Chapter 21.1, Problem 8SE
To determine
To calculate: A vertical analysis balance sheet of O’Dell’s Nursery to December 31, 2016 and 2017.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Describe this chart from a technical analysis perspective. If you were an investor what would you read from this chart?
Complete the chase production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan correctly, your hiring, layoff, and
inventory costs should match those given here.
Click the icon to view the costs table.
Click the icon to view the forecasted sales.
Fill in the production plan table below (enter your responses as whole numbers).
More Info
Totals
Costs
Cost of plan
Month
March
Planning values
Starting inventory
Starting and ending workforce
Hours worked per month per worker
Hours per unit
Hiring cost per worker
Layoff cost per worker
Monthly per-unit holding cost
Print
Forecasted
sales
1,917
Sales in
to meet
worker
sales
hours average = 253
Layoff
256
$256,000
Done
Hiring Inventory
256
18,000
$18,000
$1,024,000
$1,298,000
1,500
209
315
35
$4,000
$1,000
$1
Actual
workers
209
Actual
production
Layoffs Hiring
More Info
Ending
inventory
1,500
Month
March
April
May
June
July
August
September
October…
AS2. NO9. DATA ANALYSIS
Chapter 21 Solutions
Business Math (11th Edition)
Ch. 21.1 - Prob. 1-1SCCh. 21.1 - Prob. 1-2SCCh. 21.1 - Prob. 1-3SCCh. 21.1 - Prob. 1-4SCCh. 21.1 - Prob. 2-1SCCh. 21.1 - Prob. 2-2SCCh. 21.1 - Prob. 2-3SCCh. 21.1 - Prob. 2-4SCCh. 21.1 - Prob. 3-1SCCh. 21.1 - Prob. 3-2SC
Ch. 21.1 - Prob. 3-3SCCh. 21.1 - Prob. 3-4SCCh. 21.1 - Prob. 1SECh. 21.1 - Prob. 2SECh. 21.1 - Prob. 3SECh. 21.1 - Prob. 4SECh. 21.1 - Prob. 5SECh. 21.1 - Prob. 6SECh. 21.1 - Prob. 7SECh. 21.1 - Prob. 8SECh. 21.1 - Prob. 9SECh. 21.1 - Prob. 10SECh. 21.1 - Prob. 11SECh. 21.1 - Prob. 12SECh. 21.2 - Prob. 1-1SCCh. 21.2 - Prob. 1-2SCCh. 21.2 - Prob. 1-3SCCh. 21.2 - Prob. 1-4SCCh. 21.2 - Prob. 2-1SCCh. 21.2 - Prob. 2-2SCCh. 21.2 - Prob. 2-3SCCh. 21.2 - Prob. 2-4SCCh. 21.2 - Prob. 1SECh. 21.2 - Prob. 2SECh. 21.2 - Prob. 3SECh. 21.2 - Prob. 4SECh. 21.2 - Prob. 5SECh. 21.2 - Prob. 6SECh. 21.2 - Prob. 7SECh. 21.3 - Prob. 1-1SCCh. 21.3 - Prob. 1-2SCCh. 21.3 - Prob. 1-3SCCh. 21.3 - Prob. 1-4SCCh. 21.3 - Prob. 1-5SCCh. 21.3 - Prob. 1-6SCCh. 21.3 - Prob. 1-7SCCh. 21.3 - Prob. 1-8SCCh. 21.3 - Prob. 1-9SCCh. 21.3 - Prob. 1-10SCCh. 21.3 - Prob. 1SECh. 21.3 - Prob. 2SECh. 21.3 - Prob. 3SECh. 21.3 - Prob. 4SECh. 21.3 - Prob. 5SECh. 21.3 - Prob. 6SECh. 21.3 - Prob. 7SECh. 21.3 - Prob. 8SECh. 21.3 - Prob. 9SECh. 21.3 - Prob. 10SECh. 21 - Prob. 1ESCh. 21 - Prob. 2ESCh. 21 - Prob. 3ESCh. 21 - Prob. 4ESCh. 21 - Prob. 5ESCh. 21 - Prob. 6ESCh. 21 - Prob. 7ESCh. 21 - Prob. 8ESCh. 21 - Prob. 9ESCh. 21 - Prob. 10ESCh. 21 - Prob. 11ESCh. 21 - Prob. 12ESCh. 21 - Prob. 13ESCh. 21 - Prob. 14ESCh. 21 - Prob. 15ESCh. 21 - Prob. 16ESCh. 21 - Prob. 17ESCh. 21 - Prob. 18ESCh. 21 - Prob. 19ESCh. 21 - Prob. 20ESCh. 21 - Prob. 21ESCh. 21 - Prob. 22ESCh. 21 - Prob. 23ESCh. 21 - Prob. 24ESCh. 21 - Prob. 25ESCh. 21 - Prob. 26ESCh. 21 - Prob. 1PTCh. 21 - Prob. 2PTCh. 21 - Prob. 3PTCh. 21 - Prob. 4PTCh. 21 - Prob. 5PTCh. 21 - Prob. 6PTCh. 21 - Prob. 7PTCh. 21 - Prob. 8PTCh. 21 - Prob. 9PTCh. 21 - Prob. 10PTCh. 21 - Prob. 11PTCh. 21 - Prob. 12PTCh. 21 - Prob. 1CTCh. 21 - Prob. 2CTCh. 21 - Prob. 3CTCh. 21 - Prob. 4CTCh. 21 - Prob. 5CTCh. 21 - Prob. 6CTCh. 21 - Prob. 7CTCh. 21 - Prob. 8CTCh. 21 - Prob. 9CTCh. 21 - Prob. 10CTCh. 21 - Prob. 11CTCh. 21 - Prob. 1CPCh. 21 - Prob. 2CPCh. 21 - Prob. 3CPCh. 21 - Prob. 1CS1Ch. 21 - Prob. 2CS1Ch. 21 - Prob. 3CS1Ch. 21 - Prob. 1CS2
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- Discuss the relationship between advertising expenditure and sales revenue.arrow_forwardCreate a descriptive summary of the Revenue variable of the data.arrow_forwardConsider a business owner, how would you use methodology and the data results to increase sales or improve overall profitability? What are some of your recommendations?arrow_forward
- List one possible confounding variable for this analysis and explain what impact it might have on the variables of interest.arrow_forwardTV Viewing Times. Data from a sample of Americans yielded the following estimates of average TV viewing time per month for all Americans 2 years old and older. The times are in hours and minutes; Q1 stands for first quarter. [SOURCE: The Cross-Platform Report, Quarter 1, 2011. Published by The Nielsen Company, _c 2011.]arrow_forwardIn 2014, the median salary nationwide for a high school teacher was $56,310 per year. The median annual wage for all workers was $35,540.SOURCE: United States. Department of Labor. "High School Teachers." Occupational Outlook Handbook. 17 Dec. 2015. Web. 7 March 2016. Suppose a worker makes $29,000 in wages per year. Find the percent increase in salary the worker can expect if he/she trains to be a teacher and can expect to earn a salary of $40,000. Enter your response to the nearest 0.1% %arrow_forward
- The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. HINT [See Example 2.] Symbol Company Price ($) Yield Source: www.dogsofthedow.com. AT&T 33.59 5.48% VZ Verizon 46.78 4.70% CVX Chevron 112.18 3.82% MCD McDonald's 93.70 3.63% PFE Pfizer 31.15 3.60% GE General Electric 25.27 3.48% MRK Merck 56.79 3.17% CAT Caterpillar 91.53 3.06% Хом ExxonMobil 92.45 2.99% KO Соса-Cola 42.22 2.89% If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.5% or more?arrow_forwardIn 2014, the median salary nationwide for a high school teacher was $56,310 per year. The median annual wage for all workers was $35,540.SOURCE: United States. Department of Labor. "High School Teachers." Occupational Outlook Handbook. 17 Dec. 2015. Web. 7 March 2016. Suppose a worker makes $28,000 in wages per year. Find the percent increase in salary the worker can expect if he/she trains to be a teacher and can expect to earn a salary of $54,000arrow_forwardSocial media is popular around the world. Statista provides estimate of the number of social media users in various countries in 2017 as well as the projections for 2022. Assume that the results for surveys in the United Kingdom, China, Russia, and the United States are as follows.arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Hypothesis Testing using Confidence Interval Approach; Author: BUM2413 Applied Statistics UMP;https://www.youtube.com/watch?v=Hq1l3e9pLyY;License: Standard YouTube License, CC-BY
Hypothesis Testing - Difference of Two Means - Student's -Distribution & Normal Distribution; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=UcZwyzwWU7o;License: Standard Youtube License