Answer:
0.0923 or 9.23%
Explanation:
We have to use the Poisson distribution:
P(x) = (0.2 x e⁻¹) / [(0.2 x e⁻¹)+ (0.8 x e⁻⁰°¹)]
- e = 2.71828 (given)
- lambda = λ = 0.1
0.073578 / (0.073578 + 0.72387) = 0.073578 / 0.79744 = 0.092267 or 9.23%
The Poisson distribution is used to calculate the probability of occurrence of independent and random variables.
Answer:
a. Regulatory compliance costs - Fixed cost
b. Salaries of top management and key personnel - Fixed cost
c. Cost of metal used in manufacturing - Variable cost
d. Cost of wood used in manufacturing - Variable cost
e. Mortgage payments - Fixed cost
f. Industrial equipment costs - Fixed cost
g. Interest on debt - Fixed cost
h. Postage and packaging costs - Variable cost
Explanation:
The cost which is affected by the production of units is known as variable cost. The cost which does not vary with the units produced is fixed cost. Fixed cost does not change from period to period irrespective of level of output and is usually same for a certain period. It is easy to budget for fixed costs instead of variable cost. Variable cost changes every period and is based on company's output.
Answer:
The book value of the machine at the end of 2021 is $620000.
Explanation:
The straight line depreciation allocates a constant depreciation expense throughout the useful life of the machine. The straight line depreciation expense can be calculated using the following formula,
Depreciation expense per year = (Cost - Residual value) / estimated useful life
Depreciation expense per year = (1000000 - 50000) / 5 = $190000 per year
The book value of asset is the value of the asset calculated by deducting Accumulated depreciation from its cost.
The book value of the machine at the end of 2021 will be the, considering the depreciation expense for year 2021 has been charged,
Accumulated depreciation till 2021 end = 190000 for Year 2020 + 190000 for Year 2021 = $380000
Book value at the end of 2021 = 1000000 - 380000 = $620000
Answer:
B. Blanket loan
Explanation:
According to my research on the different types of loans provided by banks, I can say that based on the information provided within the question the type of loan that Monty will need is called a Blanket Loan. This is because this is a type of loan that is given by a bank in order for an individual to be able to buy multiple pieces of real estate
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Services are a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything.
