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Nezavi [6.7K]
2 years ago
5

On January​ 1, 2017,​ Sophie's Sunlounge owned 4 tanning beds valued at​ $20,000. During​ 2017, Sophie's bought 3 new beds at a

total cost of ​$10 comma 00010,000. At the end of the​ year, the market value of all of​ Sophie's beds was ​$26 comma 00026,000. Calculate​ Sophie's gross investment and depreciation during 2017. ​Sophie's gross investment during 2017 was ​$nothing. ​Sophie's depreciation during 2017 was ​$nothing.
Business
1 answer:
Natali5045456 [20]2 years ago
4 0

Answer:

Net Investment = 4,000

Explanation:

Gross Investment = 10,000

Depreciation = Market Value - Book value

Depreciation =26,000 - 20,000

Depreciation = 6,000

Net Investment = Gross Investment - Depreciation

Net Investment = 10,000 - 6,000

Net Investment = 4,000

NOTE: Gross investment for 2017 will be the 3 new beds that Sophie bought during 2017 at a total cost of 10,000. To calculate Net investment we should calculate depreciation first by deducting book value from market value.

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The united states department of agriculture (usda) found that the proportion of young adults ages 20–39 who regularly skip eatin
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Answer:

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Explanation:

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so first consider random variable = x

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and here Normal Approximation will be

x~ Normal Approx (np, npq)    .................2

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here x~ Normal Approx (119, 90.678)

and now we get P(X > 122)

so

We will convert it to Z by as that

z = \frac{x-\mu}{\sigma}     ................4

and here

mean  \mu = np

and standard deviation \sigma =  \sqrt{npq}

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now we use here z table for value

probability  = 1-0.6443

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