answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olin [163]
2 years ago
5

You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,

000,000, what is your share?
A. $180,000
B. $190,000
C. $200,000
D. $210,000
Business
1 answer:
GarryVolchara [31]2 years ago
3 0
I think ty best answer would be b.
You might be interested in
Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival di
Sever21 [200]

Answer:

Below is the solution to the given problem

Explanation:

a. What is the average number of customers waiting?

With one barber and exponential service, this system fits Model 1 in the text. λ = 3.000 per hour (given), μ= 60/17 = 3.529 per hour.

You are looking for Lq here.

Lq = λ^{2} / μ(μ – λ) = 3.00^{2}/3.529 (3.529 – 3.000) =  = 4.82 customers

b. What is the average time a customer waits?

Wq = Lq/λ = 4.82/3.00 = 1.607 hours  = 96.40 minutes  

c. What is the average time a customer is in the shop?

You are looking for Ws here, and need to calculate Ls first.

Ls =    λ / μ(μ – λ) = 3.00/3.529 – 3.000= 5.671

Ws =  Ls/λ = 5.671/3.00 = 1.890 hours  = 113.4 minutes

d. What is the average utilization of Benny's time?

ρ =  λ/μ = 3.00/3.529 = 0.85 = 85.0%

7 0
2 years ago
Jenny was buying the company’s first digital copier, and she involved all of the company's department heads in the decision. Jen
Iteru [2.4K]

Answer:

<em>New Buy</em>

Explanation:

A new buy <em>is a situation that requires an item to be purchased for the very first time. </em>

It is crucial for the business seller to provide a compelling argument in this type of purchasing situation to use their product line and a lot of information to help the business owner make an informed choice.

A new buy scenario can take much longer to happen as participants in the research evaluation and purchase center will have to make the final decision.

7 0
1 year ago
According to physicist and philosopher Albert Einstein, "Nothing will benefit human health and increase chances of survival of l
Darya [45]

Answer:

I agree with the statement. Recent researches show that production of beef meat is tremendously demanding of potable water (almost 200 litres of water per kg of beef meat).

Explanation: Watching what is happening in the world today with the climate change, and all the species besides humans that are in risk of extinction now because of these changes in environmental conditions, make me agree with the statement. Nevertheless, it is difficult for me to change my food habits, and I see difficult to change my diet by eating less meat. I think an important part of the behavioral change is to set different stages of change, and many people like me will benefit by using this smooth process to have a conscious mind aligned with consumption patterns

6 0
1 year ago
Rizzo Company has debentures ($1,000 par) outstanding that are convertible into the company's common stock at a price of $25. Th
Phantasy [73]

Answer:

A. $880

B. -$752.23

Explanation:

Calculation to determine the conversion value of the issue

First step is to calculate the Conversion ratio using this formula

Conversion ratio=Per value of security/ Conversion price

Let plug in the formula

Conversion ratio=$1,000/$25

Conversion ratio=40

Now let determine the Conversion value using this formula

Conversion value =Conversion ratio*Conversion price

Let plug in the formula

Conversion value=40*$22 per share

Conversion value=$880

Therefore the conversion value of the issue is $880

B. Calculation to determine the Straight bond value of the issue

Using financial calculator to the Present Value (PV)

PMT=8%*1,000=80

N=12 years

1/Y=12%

FV=1,000

PV=-$752.23

Therefore the Straight bond value of the issue is -$752.23

5 0
2 years ago
The Distribution Point plans to save $2,000 a month for the next 3 years for future emergencies. The interest rate is 4.5 percen
ch4aika [34]

Answer:

A deposit of 36,922.02 dollars will be equivalent to the series of emergencies deposits of 2,000 starting today.

Explanation:

we need to know the future value of the emergencies deposit and then, calculate which lump sum can generate the same amount. As the deposit are done at the beginning It will be an annuity-due:

C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\

C 2,000

time      36 (3 years x 12 months per year)

rate 0.045

2000 \times \frac{(1+0.045)^{36} -1 }{0.045}(1+0.045) = FV\\

FV $180,082.6885

Now we calculate the lump sum which yield this amount as well:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $180,082.6885

time   36.00

rate  0.045

\frac{180082.68854409}{(1 + 0.045)^{36} } = PV  

PV   36,922.02

5 0
2 years ago
Other questions:
  • Handling inventory materials and parts, and supervising the shipping process belongs to the ______ career pathway.
    9·2 answers
  • Which of the following programs provides high quality training and safety, union agreements, hundreds of hours of on-the-job tra
    9·2 answers
  • Jewelry Company has a sales budget for next month of $450,000. Cost of goods sold is expected to be 45 percent of sales. All goo
    11·1 answer
  • Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning
    7·1 answer
  • Describe how job rotation can be used to combat the problems caused by job specialization
    13·1 answer
  • Consider two perfectly negatively correlated risky securities, K and L. K has an expected rate of return of 13% and a standard d
    12·1 answer
  • Bryant Co. reports net income of $20,000. For the year, depreciation expense is $7,000 and the company reports a gain of $3,000
    15·1 answer
  • In May direct labor was 60% of conversion cost. If the manufacturing overhead for the month was $54,000 and the direct materials
    9·1 answer
  • If an insurance company wishes to order a consumer report on an applicant to assist in the underwriting process, and if a notice
    12·1 answer
  • You’re the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia. Your market re
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!