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lana66690 [7]
2 years ago
9

A company receives equipment from two factories: 38% from factory A, and all other equipment from factory B. Each factory has a

percentage of equipment that is defective: 1% of factory A's equipment is defective, while 4% of factory B's equipment is defective. If a piece of the company's equipment is selected at random, what is the probability that it is defective and from factory B?a. 0.0248b. 0.0038c. 0.6012d. 0.6600
Business
1 answer:
nikitadnepr [17]2 years ago
4 0

Answer:

Probability will be 0.0286 which is nit given in the bellow option

So none of the given option is correct

Explanation:

We have given that company receives equipment from company A is 38 %

So p(A)=0.38

And rest of the equipment is received from company B

So p(B)=1-0.38=0.62

It is given that the equipment which is received from company A is 1 % defective

So p(D/A)=0.01

And equipment which is received from company B is 4 % are defective

So p(D/B)=0.04

So the probability that the equipment is defective =p(A)\times p(D/A)+p(B)\times p(D/B)=0.38\times 0.01+0.62\times 0.04=0.0286

So none of the option is correct

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Avon Products, Inc., located in New York City, is one of the world’s largest producers of beauty and related products. The compa
kvv77 [185]

Answer:

a) Accounts Receivable 2015 = $443,000 2014 = $515,600

b) Bad Debt Expense = $144,100

c) Gross sales = $6,083,300

d) Cash collected from Customers = $6,005,000

Explanation:

a and b are given.

c) Gross Sales = $6,076,500 + $6,800 = $6,083,300

d) Cash collected = opening balance in Account receivable + credit  Net sales - Bad debt - Closing balance in Accounts Receivables

                            = $515,600 + $6,076,500 - $144,100 - $443,000

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4 0
2 years ago
Which of the following indicators is not considered when determining whether performance obligations are satisfied at a point in
otez555 [7]

Answer:

The correct answer is letter "B": The customer is likely to reject delivery of the asset.

Explanation:

In the corporate world, contract performance obligations are those established by two parties one to manufacture or render and deliver goods or services and the other to receive them. That contract can be signed in front of sales, resales, granting rights or constructing or developing an asset.

<em>Facts such as the right to payment for the goods, the client's risk of ownership of the title and the goods themselves can determine if the performance obligations are met or not but the possibility that represents the customer could reject the delivery of the product will not.</em>

4 0
2 years ago
Hettenhouse Company's perpetual preferred stock sells for $102.50 per share, and it pays a $9.50 annual dividend. If the company
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Answer:

The company's cost of preferred stock for use in calculating the WACC is 9.65%

Explanation:

For computing the cost of preferred stock, the following formula should be used which is shown below

= Annual dividend based on preferred stock ÷ (Price per share × Flotation cost)

where,

Flotation cost = 1- rate

                      = 1- 4% = 0.96

= $9.50 ÷ ($102.50 × 0.96)

= $9.50 ÷ $98.4

= 9.65%

The flotation cost should be deducted because it is a one time expense. Thus, it would be minus from price per share.

Hence, the company's cost of preferred stock for use in calculating the WACC is 9.65%

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2 years ago
Estelle is trying to create an advertising message that communicates the tangible features of her company's laptop computers, te
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Answer:

Answer is D. Informational.

Refer below.

Explanation:

Estelle is trying to create an advertising message that communicates the tangible features of her company's laptop computers, telling consumers about the relative advantages of her products as compared to other offerings in the market. Estelle is trying to create an informational appeal.

3 0
2 years ago
Read 2 more answers
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