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Lyrx [107]
1 year ago
12

A college math department consisting of 9 faculty members must choose a department head, an assistant department head, and a fac

ulty senate representative. in how many ways can this be done?
Business
1 answer:
loris [4]1 year ago
4 0
<span>The department consists of 9 members but they must select a department head, an assistant department head, and a faculty senate representative. So they are 3 positions to be occupied by 9 people. It can be done in nPr = n! / (n - r)! ways.
   So 9C3 ways. 9! / (9-3)! = 9! / 6! = 504 ways</span>
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Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During
hammer [34]

Answer= The entry to record this transaction would include:

A debit to Organization Expenses for $5,000.

A credit to common stock for $4,000 and Paid in capital in excess of par-Common Stock of $1,000

Explanation:

Common stock = 400 x $10= $4000

Accounts                             Debit                  Credit

Organisation expense      $5,000

Common stock                                              $4,000

Paid in capital in excess of par value

of common stock                                            $1,000

( $5000 - $4000)

7 0
1 year ago
A repetitive manufacturing firm is planning on level material use. The following information has been collected. Currently, the
Sloan [31]

Answer:

setup cost = $1.75

setup time = 2.625 min

Explanation:

given data

firm operates = 250 days per year

Annual demand  = 22,000

Daily demand  =  88

Daily production  = 250

Desired lot size =  63  (2 hours of production)  

Holding cost   = $40 per unit per year

to find out

setup cost  and setup time

solution

we find first setup cost that is express as

setup cost = \frac{Q^2*H*(1-\frac{d}{p})}{2D}   ......................1

here Q is  Desired lot size and H is  Holding cost and d is  Daily demand and D is Annual demand   and p is  Daily production

put here value

setup cost = \frac{63^2*40*(1-\frac{88}{250})}{2*22000}

setup cost = \frac{2969*40*(0.648)}{44000}

setup cost = $1.75

and

setup time is

setup time = \frac{setup\ cost}{setup\ labor}    ....................2

setup time = \frac{1.75*60min/hr}{40}

setup time = 2.625 min

8 0
2 years ago
Alex wants to measure the nominal 1998 GDP of $993 billion in 2008 dollars. From the data he gathered, he knows the deflator for
schepotkina [342]

Answer:

$2449

Explanation:

Alex wants to measure the nominal 1998 GDP of $993 billion in 2008 dollars.

Also the deflator for 1998 is 30 and for 2008, it is 74

Now he avoids making a misleading calculation

Therefore, the  the nominal 1998 GDP of $993 billion in 2008 dollars

= 993/30×74= $2449.4≅$2449

5 0
2 years ago
On January 1, 2007, Nichols Company’s inventory of Item X consisted of 2,000 units that cost $8 each. During 2007 the company pu
timama [110]

Answer: $45,000

Explanation:

Last In First Out (LIFO) is an inventory valuation and management method that works by selling the most recent inventory to come into the business as opposed to the earlier ones.

In the above, the most recent Inventory to come in is the 5,000 units bought at $10 each.

The 4,500 units sold will therefore come from there.

Cost of Goods Sold = Units Sold * Purchase Price

= 4,500 * $10

= $45,000

4 0
2 years ago
4. College logo T-shirts priced at $15 sell at a rate of 25 per week, but when the bookstore marks them down to $10, it finds th
Lana71 [14]

Answer: PED = -1.665

The price demand elasticity is relatively elastic because PED is greater than 1..(ignore the minus sign)

Explanation:

Using the formula PED = % change in quantity/ % change in price

PED = ((Q1 - Q0)/(Q1 + Q0))/((P1 -P0)/(P1+P0))...EQU 1 where Q1 = 50 is quantity of product at Price P1 =10 and Q0 = 25 is quantity of product at Price P0 = 15 and PED is price of elasticity

Substituting figures into equ1

PED = ((50 - 25)/(50+25)) /((10 -15)/(10+15))

PED = -1.665

7 0
2 years ago
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