Answer:
74.64%
Explanation:
Average sales (μ) = 50 hot dogs
Standard deviation (σ) = 7 hot dogs
In a normal distribution, the z-score for any given number of hot dogs sold, X, is determined by:
For X = 45 hot dogs:
For X = 65 hot dogs:
A z-score of -0.7143 falls in the 23.75th percentile of a normal distribution while a z-score of 2.1429 falls in the 98.39th percentile.
Therefore, the probability that he vendor will sell between 45 and 65 hot dogs is:
Answer:
china
Explanation:
if your traveling to china on business do not discuss business during meals .
Answer:
$116,499.15
Explanation:
To find the amount he will have to invest today, we have to find the present value of $500,000 at the 6% interest rate
PV = FV (1+r)^-n
PV = Present value
FV = Future value = $500,000
R = interest rate = 6%
N = number of years = 25
$500,000 ( 1 + 0.06) ^-25 = $116,499.15
I hope my answer helps you
Answer: E. 18,000
Explanation:
Wesley Corporation has 80,000 shares of common stock authorized. This the total amount of common stock that is available for sale by the company.
Only 50,000 shares of common stock were issued and 12,000 shares of common stock as held as treasury stock.
Then the total number of outstanding shares of Wesley Corporation amounts to 80,000 - 50,000 - 12,000 = 18,000
Answer:
From the strategies provided, the correct debt strategies that will help a corporate borrower eliminate credit risk are strategy 1 and strategy 2, which are; Strategy #1: Borrow $1,000,000 for three years at a fixed rate of interest of 7%. and Strategy #2: Borrow $1,000,000 for three years at a floating rate of LIBOR + 2%, to be reset annually. The current LIBOR rate is 3.50%.
