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stich3 [128]
1 year ago
13

A company that is located in the us and sells its product to customers in mexico is participating in what

Business
1 answer:
zimovet [89]1 year ago
5 0

International Trade.

When a company sells its product over the US border into another country they are participating in International Trade.

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The united states department of agriculture (usda) found that the proportion of young adults ages 20–39 who regularly skip eatin
Sunny_sXe [5.5K]

Answer:

probability  = 0.3557

Explanation:

given data

young adults ages =  20 to 39

skip eating breakfast p = 0.238

random sample of size n = 500

to find out

we find the probability that the number of individuals in Lance's sample who regularly skip breakfast is greater than 122

solution

we use here Normal Approximation to Binomial Distribution

so first consider random variable = x

so

x~ Bin (n,p)   .............1

and here Normal Approximation will be

x~ Normal Approx (np, npq)    .................2

so it will be

x~ (500, 0.238)  

as here we know q will be

q = 1 - p

q = 1 - 0.238

q = 0.762    .............3

so

here x~ Normal Approx (119, 90.678)

and now we get P(X > 122)

so

We will convert it to Z by as that

z = \frac{x-\mu}{\sigma}     ................4

and here

mean  \mu = np

and standard deviation \sigma =  \sqrt{npq}

so here for P(X > 122)

P(\frac{X-\mu}{\sigma}>\frac{122-119}{\sqrt{90.678}})     ............5

and it is  P(Z>0.37)

so

probability  = 1 - P(Z<0.37)

now we use here z table for value

probability  = 1-0.6443

probability  = 0.3557

7 0
1 year ago
For a particular competitive firm, the minimum value of average variable cost (AVC) is $12 and is reached when 200 units of outp
Makovka662 [10]

Answer:

The answer is: ALL THE OPTIONS ARE WRONG

Explanation:

A) In the short run, the firm will shut down if the price of its product is < $12.

B) In the long run, the firm will shut down if the price of its product is < $15.

C) The minimum value of variable cost equals the variable cost of producing 1 single unit, not the variable cost of producing 200 units.

D) If the firm's fixed costs are $500, it means that they decreased. According to the question the fixed costs were $690 (230 units x $3 per unit). So if the fixed costs decrease, then the average total cost should also decrease, not increase to $16.

4 0
1 year ago
You win a lottery with a prize of $1.5 million. unfortunately the prize is paid in 10 equal annual installments. the first payme
8090 [49]

Answer:

PV= $1,006,512.21

Explanation:

Giving the following information:

Annual payments= $150,000

Discount rate= 8%

Number of periods= 10 years

<u>First, we need to calculate the future value using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {150,000*[(1.08^10) - 1]} / 0.08

FV= $2,172,984.37

<u>Now, we can determine the present value:</u>

PV= FV/(1+i)^n

PV= 2,172,984.37/(1.08^10)

PV= $1,006,512.21

3 0
2 years ago
g On January 1, 2021, Tiny Tim Industries had outstanding $1,000,000 of 11% bonds with a book value of $966,500. The indenture s
pentagon [3]

Answer:

The loss on early extinguishment is $8677.5

Explanation:

First of all,one needs to compute the carrying value of the bond as at the date of the call in order to determine the loss on early redemption.

carrying value =book value+interest expense-coupon payment

book value is $966,500

interest expense=$966,500*13%*6/12=$62,822.50  

coupon payment=$1000,000*11%*6/12=$55,000

carrying value=$966,500+$62,822.50-$55,000=$ 974,322.50  

Loss on redemption =call price -carrying value of the bond

call price is $983,000

loss on early redemption=$983,000-$974,322.50  =$8,677.5

4 0
1 year ago
Elliot and Conrad (a two-member LLC) operated a consulting firm (a "specified services" business). The business is equally owned
juin [17]

Answer:

Elliot's qualified business income deduction is $28,000.

Explanation:

total income

= share in specified service business income + wages of wife

= 280000*50% + $90000

= $230,000

taxable income before QBI = total income - standard deduction

                                              = $230,000 - $24,000

                                              = $206,000

QBI deduction is lesser of:

- 20% of qualified business income

= $140,000*20%

= $28,000

Therefore,  Elliot's qualified business income deduction is $28,000.

8 0
1 year ago
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