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Stels [109]
2 years ago
8

Darian has decided to attend an out-of-state public four-year university. His expected expenses are shown in the table. Category

Annual Expected Expense ($) tuition $18,900 room/board $7,650 books/fees $1,475 other expenses $2,350 Darian expects to get $7,500 in grants each year. What is the minimum amount he should expect to contribute for four years at the university? $22,875 $91,500 $114,000 $151,500
Business
2 answers:
Natalija [7]2 years ago
6 0

Answer:

The answer is $91,500

Explanation:

$22,875 x 4 = $91,500.

Marysya12 [62]2 years ago
5 0
The answer is $91,500.
Working:
Total expenses per year = 18900+7650+1475+2350 = $30,375
Expenses less of grant per year = $30,375- 7500= $22,875 (this represents his annual expenditure on college with the grant)
To find out his expenditure for all four years of college = $22,875 x 4 = $91,500.
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In a company that produces containers, the employees were divided into two teams to foster competition in order to increase prod
Bess [88]

Answer:

Synergy

Explanation:

Synergy is the concept that the combined performance of two entities will be better than each of them acting individually.

In this instance when the two teams that each produce 100 containers per day became integrated as one, they now produce 300 containers a day. This is as a result of their increased division of labor, combined efficiencies and expertise of team members.

7 0
2 years ago
Geoff hesitated as he read the fast food menu, unsure whether he should supersize his order of delicious golden French fries. Do
erma4kov [3.2K]

Answer:

Geoff's target service level is 0.76

Explanation:

Doing so would expand his expense from $0.99 to $1.59 and could very well give him the sustenance he expected to endure the second 50% of his day at the workplace. Obviously, in the event that he completed his cheeseburger and the typical measure of fries, he would essentially discard the additional ones. In any case, on the off chance that he neglected to supersize his request, he would need to take a confection break mid-evening and they weren't actually offering them away in the reprieve room candy machines. He would probably require two pieces of candy, which sold for $0.95 each.

5 0
2 years ago
Read 2 more answers
Suppose the daily change in price of a stock is normally distributed with mean = .20 and standard deviation = .30. What price ch
uranmaximum [27]

Answer:

a=0.2 -0.674*0.3=-0.00235

So the value that separates the bottom 25% of data from the top 75% is -0.00235.  

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the variable of interest of a population, and for this case we know the distribution for X is given by:

X \sim N(0.2,0.3)  

Where \mu=0.2 and \sigma=0.3

For this part we want to find a value a, such that we satisfy this condition:

P(X>a)=0.75   (a)

P(X   (b)

Both conditions are equivalent on this case. We can use the z score again in order to find the value a.  

As we can see on the figure attached the z value that satisfy the condition with 0.25 of the area on the left and 0.75 of the area on the right it's z=-0.674. On this case P(Z<-0.674)=0.25 and P(z>-0.674)=0.75

If we use condition (b) from previous we have this:

P(X  

P(z

But we know which value of z satisfy the previous equation so then we can do this:

z=-0.674

And if we solve for a we got

a=0.2 -0.674*0.3=-0.00235

So the value that separates the bottom 25% of data from the top 75% is -0.00235.  

4 0
2 years ago
Azure Inc. assigns $4,000,000 of its accounts receivables as collateral for a $3 million loan with a bank. The bank assesses a 3
Vlad1618 [11]

Answer with its Explanation:

Step 1:

First of all record a loan of $3 million loan:

Dr Bank $3,000,000

Cr Loan      $3,000,000

Step 2:

Finance charge will be 3% on this loan amount:

Dr Finance Charge $3million *3% = $90,000

Cr                   Bank                                       $90,000

Step 3:

The interest on the note is 7% which is $70,000. So the journal entry would be:

Dr Interest Expense $70,000

Cr Interest payable                  $70,0000

8 0
2 years ago
During the month, Cellum, Inc. sold 100 cells at a price of $100 each. Each cell was sold at a 1% sales discount. Cellum had ret
gavmur [86]

Answer:

Net Sales for the month ended is equal to $9,702.

Explanation:

Sale = 100 x $100 = $10,000

Discount = $10,000 x 1% = $100

Sales Return = $198

Net Sales = Sales Price - Sales Discount - Sales Return

Net Sales = $10,000 - $100 - $198

Net Sales = $9,702

Net Sales for the month ended is equal to $9,702.

$20 is an expense and it is not an contra revenue account. So, it is not considered in net sales calculation.

6 0
2 years ago
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