Business, 24.05.2021 15:20 Jalyn4262

You are the manager of a Honda automobile dealership. If you are able to sell 5,000 autos in 2021, the dealership owner will give you a bonus of $10,000. Right now you are deciding how many salespeople to hire next year. Moreover, you would like to use regression analysis to estimate the relationship between auto purchases and the number of salespeople working for you. Your model is: autos sold = a +B. number of salespeople +€ Your estimate of a equals -15 Your estimate of ß equals 125 Question Based on these estimates, how many salespeople should you hire if your goal is to sell 5,000 autos in 2021?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 04:00

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Answers: 2

Answer

Business, 22.06.2019 10:50

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.

Answers: 2

Answer

Business, 22.06.2019 11:00

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Answers: 1

Answer

Business, 22.06.2019 11:00

Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150

Answers: 2

Answer

You know the right answer?

You are the manager of a Honda automobile dealership. If you are able to sell 5,000 autos in 2021, t...

Questions