Answer:
The answer is below
Explanation:
A What is the probability that all 4 selected workers will be the day shift?
B What is the probability that all 4 selected workers will be the same shift?
C What is the probability that at least two different shifts will be represented among the selected workers.
A)
The total number of workers = 10 + 8 + 6 = 24
The probability that all 4 selected workers will be the day shift is given as:
[tex]P_a=\frac{C(10,4)}{C(24,4)}= \frac{210}{10626}=0.0198[/tex]
[tex]C(n,r)=\frac{n!}{(n-r)!r!}[/tex]
B) The probability that all 4 selected workers will be the same shift ([tex]P_B[/tex]) = probability that all 4 selected workers will be the day shift + probability that all 4 selected workers will be the swing shift + probability that all 4 selected workers will be the graveyard shift.
Hence:
[tex]P_B=\frac{C(10,4)}{C(24,4)}+\frac{C(8,4)}{C(24,4)}+\frac{C(6,4)}{C(24,4)}=0.0198+0.0066+0.0014=0.0278[/tex]
C) The probability that at least two different shifts will be represented among the selected workers ([tex]P_C[/tex])= 1 - the probability that all 4 selected workers will be the same shift([tex]P_B[/tex])
[tex]P_C=1-P_B\\\\P_C=1-0.0278\\\\P_C=0.972[/tex]
Joanna Grimshaw makes an hourly rate of $12.50, and she works 40 hours per week. Her boss offers her a promotion to a salaried position that pays $675 per week. How much more will she earn per week with the salaried position?
Answer:
$175 more
Explanation:
She makes 500 without the promotion and 675 minus 500 is 175
Answer: She will get $16.85 cents per day. She will be earning $175 more per week.
Explanation:
$12.50*40 = original salary
675-500=how much more she will get
Chapter 2 Mastery Problem
The T –
Hassan Rahim won a concession to rent bicycles in the local park during the summer. During the month of June, Hassan completed the following transactions for his bicycle rental business:
Chart of Accounts
Cash
Hassan Rahim Capital
Accounts Receivable
Hassan Rahim, Withdrawals
Supplies
Rental Income
Shed
Wages Expense
Bicycles
Maintenance Expense
Accounts Payable
Repair Expense
Concession Fee Expense
June
2
Began business by placing $7,200 in a business checking account.
3
Purchased supplies on account, $150
4
Purchased 10 Bicycles for $2,500, paying $1,200 down and agreeing to pay the rest in thirty days.
5
Purchased for cash a small shed to hold the bicycles and to use for other operations, $2,900
6
Paid cash for shipping and installation costs (considered as an addition to the cost of the shed) to place the shed at the park entrance, $400.
8
Received cash of $470 for rentals during the first week of operation.
13
Hired a part-time assistant to help out on weekends at $7.50 per hour
14
Paid a maintenance person to clean the grounds, $75.
15
Received cash, $500, for rentals during the second week of operation.
16
Paid the assistant for a weekend’s work, $150.
20
Paid for the supplies purchased on June 3, $150.
21
Paid repair bill on bicycles, $55.
22
Received cash for rentals during the third week of operation, $550.
23
Paid the assistant for a weekend’s work, $150.
26
Billed a company for bicycle rentals for an employee outing, $110
27
Paid the fee for June to the Park District for the right to the bicycle concession, $100.
28
Received cash for rentals during the week, $410.
29
Paid the assistant for a weekend’s work, $150.
30
Transferred $500 to personal checking account.
Answer:
27.
Explanation:
If you plan to take money out of the bank frequently, what type of account should you get? A. A savings account B. A checking account C. An interest account D. An investment account
Answer:
B, A checking account
If you have the intention of taking money from your account fairly frequently, you should get B. A checking account.
A checking account:
Allows for a lot of withdrawal and deposits Does not accrue much interest for the owner Allows for withdrawal via several means such as ATMs, checks, and debit cards.Checking accounts would be best to get if you want to withdraw frequently because the fees are less for withdrawals.
In conclusion, a checking account would be best for you.
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what is martin suarez current physical address
Answer:
174 Se Naranji Ave,Port Saint Lucie,FL; 38 Saint Fitchburg,MA;461 Se Thornhill Dr,Port Saint Lucie FL
Explanation:
When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.
The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.
A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.It do occur when government give that control to a firm on essential service such as water treatment.
Therefore, option B is correct.
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Answer:
B. a natural monopoly.
Explanation:
Question 2 (1 point)
Huda wants to buy soda. A 12-pack costs $9.50. She knows that with the local sales
tax of $2.00, the total should be $11.50. However, when she gets to the checkout,
the total is now $13.00. Which type of tax is Huda MOST likely paying that would
explain the extra $1.50?
estate
excise
inheritance
O income
Question 3 (1 point)
Answer:
$2:00,o income $ 1:50 huda soda most type that tax 3)1 point )
Magazines make most of their money from?
Answer:
advertisers
Explanation:
There are many Magazines that are published ion the market and becomes popular. Magazines make most of their money from advertiser.
Who is advertiser?An advertiser is the institution, administration, or any person that pays for an advertising attribute or time to demonstrate a convincing promotion or content to the public. Magazines make most of their money from by the means of advertiser.
Therefore, advertiser advertises the content to the public to publish any information.
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how could you make your credit score increase ? please help do tonight
Answer:
Try working hard and getting your money to increase your credit score.
CrEdIt KaRmA l m a o
Explanation:
3. Earning of profit is regarded as the main objective of business? Explain by giving any 3reasons
Ed, an employee of the Natural Color Company, suffered from a rare disease that was very expensive to treat. The local media ran several stories about Ed’s problems, and the family created a website that generated more than $10,000 in gifts from individuals to help pay the medical bills. Ed’s employer provided hospital and medical insurance for its employees, but the policy did not cover Ed’s illness. When it became apparent that Ed could not pay all of his medical expenses, the hospital canceled the $25,000 Ed owed at the time of his death. After Ed’s death, his former employer paid Ed’s widow $12,000 in "her time of need." Ed’s widow also collected $50,000 on a group term life insurance policy paid for by Ed’s employer. What are Ed’s and his widow’s gross income?
Answer:
Ed and his Widow's Gross Income is:
$97,000
Explanation:
a) Data and Calculations:
Gifts from individuals $10,000
Medical expense offset 25,000
Time of need pay 12,000
Group life insurance 50,000
Gross income $97,000
b) Ed and his widow's gross income is $97,000. It is the sum of all forms of earnings before any deductions or taxes. The gross income is higher than the net income, which is defined as the gross income minus taxes and other deductions.
Please help!!!
Drag each label to the correct location on the image.
Match the descriptions to the possibility of being addressed by a Trial Balance.
can detect the accuracy
of the accounting process
can help prepare the
income statement
can help check whether the
debit side is equal to the
credit side
can help check whether a
particular transaction has
been completely omitted
helps serve as a proof of
the application of the
double-entry system
According to given Image the all the scenario are possible of being addressed by a Trial Balance
Give explanations for how a Trial Balance might be addressed
Can determine whether the accounting procedure is accurate: PossibleMay aid in the income statement's preparation: PossibleMay assist in determining whether the debit and credit sides are equal: PossibleCan assist in determining whether a specific transaction has been entirely missed: PossibleAids in providing evidence of the double-entry system's use: PossibleWhat is trial balance?
A Trial Balance is a financial statement that lists all the general ledger accounts and their balances at a specific point in time.
It serves as a tool to ensure that the total debits equal the total credits in the accounting system and helps to detect errors and discrepancies in the accounting records.
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Which function of money describes its ability to enable trade between
different people?
A. Store of value
B. Measure of value
O C. Standard of deferred payment
D. Medium of exchange
Answer:
D. Medium of exchange
Explanation:
A medium of exchange is any physical object used as a measure of value to facilitate the transfer of goods and services between sellers and buyers. A medium of exchange acts as a go-between in transactions. In modern trade, money is the most widely accepted medium of exchange.
Today, goods and services are given a monetary value. Trade becomes relatively easy as buyers and sellers know how much money is needed to complete a transaction.
A
person who
owns stock in a
corporation.
Which choice best describes differences in corporate decision-making
between the United States and the European Union?
A. Workers in the United States are usually more involved in
corporate decision-making.
B. Workers in the European Union are involved less in decisions over
labor.
ternati
C. Workers in the European Union are usually more involved in
corporate decision-making.
D. Workers in the European Union are usually less active in trade
unions.
expand
SUBMIT
Answer:
C.WORKERS in the European union are usully move involved in corporate decision-makng
Answer: workers in the European Union are usually more involved in corporate decision-making.
Explanation:
A p e x
A federal tax paid for old-age, survivors, and disability insurance is called:
A insurance tax
B income tax
C Social Security tax
D Medicare tax
Answer: medicare tax
Explanation:
Type the correct answer in the box. Spell all words correctly.
Which form of marketing do firms use when they market their products to all consumers alike, even when not all of them constitute the target audience?
When firms market their products to all consumers alike, even when not all of them constitute the target audience, they exhibit (___?___) marketing.
Answer:
Outbound Marketing is the correct answer
Explanation:
Answer:
outbound marketing - I just took the test this is correct
Explanation:
Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $28 per share. She borrows $3,000 from her broker to help pay for the purchase. The interest rate on the loan is 12%. a. What is the margin in Dée’s account when she first purchases the stock? b. If the share price falls to $18 per share by the end of the year, what is the remaining margin in her account? (Round your answer to 2 decimal places.) c. If the maintenance margin requirement is 30%, will she receive a margin call? Yes No d. What is the rate of return on her investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)
Answer and Explanation:
The computation is shown below:-
a. Margin
Equity account = Number of shares × Price per share
= 400 × $28
= $11,200
Margin = Purchase price - Money borrowed from the broker
= $11,200 - $3,000
= $8,200
b. Remaining margin
Equity account = Number of shares × Price per share
= 400 × $18
= $7,200
Total liability = Borrowed amount × 1.12
= $3,000 × 1.12
= $3,360
Remaining margin = Equity value - Liability to the broker
= $7,200 - $3,360
= $3,840
Remaining margin ratio = Remaining margin ÷ Equity value
= $3,840 ÷ $7,200
= 53.33%
c. As per the information maintenance margin requires 30%
No, maintenance margin requires 30% and the remaining martin is 53.33% then it will no margin calls
d. Rate of return
Rate of return = (Return - Initial inventment) ÷ Initial investment
= ($3,840 - $8,200) ÷ $8,200
= -53.17%
Countries use monetary policy in order to:
O A. increase investment in specific industries.
O B. ensure economic equality for all citizens.
O c. manage the supply of money that is available.
O D. encourage companies to import goods.
Answer:
O c. manage the supply of money that is available.
Explanation:
Monetary policies are deliberate macroeconomic initiatives undertaken by the Federal Reserve to control the money supply in the economy. The Fed has several monetary policies it can use to achieve the desired results. Some policies increase the money supply( Expansionary monetary policies ). Others reduce the money supply in the economy ( Contractionary monetary policies).
Monetary policies are used together with fiscal policies to achieve the overall macroeconomic objectives.
Answer: C. Manage the supply of money that is available
Writing Reader Friendly Sentence
1. Please be so kind as to send us the infomation about your charges for rental of the large conference room at your hotel on or about March 30 of this year so that we are able to call you and book the room for an event that will be held sometime in June.
Rewrite:
Answer:
see below
Explanation:
Please send us an invoice for renting the large conference room at your hotel. We used it on or about March 30 of this year. We intend to hold another event there sometime in June. Please give us a quotation so that we can call you and book the room.
Concept check 1. 54/32 converted to a mixed number is ________. 22/32 1.6875 1/38 1 22/32 2. The product of one and four thirty-seconds and twenty thirty-seconds is ________. 1 24/32 45/64 56/32 720 3. One and eight thirty-seconds divided by twelve thirty-seconds is ________. 480/1024 20/1024 3 1/3 3 40/32 4. A u.S. Treasury bond is trading at 98 and 6/32. Convert this price to its decimal form. 98.19 96.63 9/86 98.06 5. What is the percentage increase if the s&p 500 index is currently trading at 1,100 and rises 55 points? 4.5% 5% 55% 5.5%
Questions
Concept check
1. 54/32 converted to a mixed number is ________.a) 22/32 b)1.6875 c) 1/38 d)1 22/32
2. The product of one and four thirty-seconds and twenty thirty-seconds is ________. a)1 24/32 b)45/64 c)56/32 d)720
3. One and eight thirty-seconds divided by twelve thirty-seconds is ________. a)480/1024 20/1024 3 1/3 3 40/32
4. A u.S. Treasury bond is trading at 98 and 6/32. Convert this price to its decimal form. a)98.19 b)96.63 c)9/86 d)98.06
5. What is the percentage increase if the s&p 500 index is currently trading at 1,100 and rises 55 points? a)4.5% b)5% c)55% d)5.5%
Answer:
1.d)1 22/32
2. b)45/64
3. c)3 1/3
4. a)98.19
5. b)5%
Explanation:
1. 54/32 converted to a mixed number is ________.a) 22/32 b)1.6875 c) 1/38 d)1 22/32
Mixed number is another way of writing improper fraction
54/32= 1 (54 - 32)/32
= 1 22/32
Therefore, option d) 1 22/32 is the correct option
2. The product of one and four thirty-seconds and twenty thirty-seconds is ________. a)1 24/32 b)45/64 c)56/32
d)720
One and four thirty-seconds = 1 4/32
Twenty thirty-seconds = 20/32
= 1 4/32 × 20/32
= 36/32 × 20/32
= 9/8 × 5/8
= 45/64
Therefore, option b)45/64 is the correct option
3. One and eight thirty-seconds divided by twelve thirty-seconds is ________. a)480/1024 b)20/1024 c)3 1/3 d)3 40/32
One and eight thirty-seconds = 1 8/32
Twelve thirty-seconds = 12/32
= 1 8/32 ÷ 12/32
= 40/32 ÷ 12/32
= 40/32 × 32/12
= 40/12
= 3 4/12
= 3 1/3
Therefore, option c) 3 1/3 is the correct option
4. A u.S. Treasury bond is trading at 98 and 6/32. Convert this price to its decimal form. a)98.19 b)96.63 c)9/86 d)98.06
98 and 6/32 = 98 + 6/32
We convert 6/32 to decimal
= 98 + 0.1875
= 98.1875
≈ 98.19
Therefore, Option a is the correct option
5. What is the percentage increase if the s&p 500 index is currently trading at 1,100 and rises 55 points? a)4.5% b)5% c)55% d)5.5%
Percentage increase = Increase/ Orginal amount × 100
Increase = 55 points
Original amount = 1,100
Percentage Increase = 55/1100 × 100
= 0.05 × 100
= 5%
Therefore, option b)5% is the correct option
milk = $3.15
Romaine lettuce= $3.46
Zesty italian dressing= $1.76
Quaker instant grits= $3.48
(4) Chef Boyardee Beefaroni = $3.52
Nestle pure life 12 pack= $1.94
soap= $3.97
clorox= $2.48
subtract these prices from $145 for how much is left!
A central bank would like to increase the money supply in the country. It
achieves this by buying treasury securities from investors who had purchased
them earlier. Investors who sell their securities now have more money on
hand to invest in businesses.
This action best illustrates the central bank's use of which tool of monetary
policy?
A. Open market operations
B. Reserve requirements
C. Discount rate
D. Interest on reserves
Answer:
A) Open Market Operations
Explanation:
I just got it right
Open market operations action is best illustrates the central bank's use of which tool of monetary policy. Thus, option (a) is correct.
What is investors?
Anyone who makes investments in a business, organization, or piece of real estate is referred to as a “investor.” Shares of corporations, bonds, and debentures are frequently bought by investors.
A central bank implements monetary policies by expanding the money supply through open market transactions. They affect central bank reserve balances and moderate changes to regularly occurring interest rates.
Therefore, option (a) open market operations is correct.
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The last stage in sales is
Conviction
Action
Desire
Interest
Answer:
action
Explanation:
A traditional store selling products
Which of the following has the most significant impact on consumer purchasing power and spending patterns?
Select one:
a. Demographic environment
b. Political and legal environment
c. Technological environment
d. Economic environment
The most significant impact on consumer purchasing power and spending patterns has the economic environment. Thus, the correct option is (D).
The purchasing power of a currency is the amount of products or services that one unit of money can purchase.
The environment contains components that affect consumer spending preferences and purchasing power.
Natural resources that are needed by marketers as inputs or that are influenced by marketing activities are referred to as the natural environment.
More than just how much you can buy with your money determines your purchasing power. Additionally, it affects stock prices and the state of the economy as a whole.
Therefore, the correct option is "D".
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explain the steps of process of online transaction
Answer:
Stages of Online Transaction:
Pre purchase/Sale:
Purchase/Sale:
Delivery Stage:
The steps involved in online transaction are as follows:
Registration:
Placing an Order:
iii. Payment:
Answer:
Online transactions occur when a process of buying and selling takes place through the internet. Transactions between the buyer and seller that are carried out and completed with the help of internet are called online business transactions.
The steps involved in online transaction are as follows:
i. Registration:The consumer has to register online on the particular website to buy a particular good or service.
ii. Placing an OrderWhen a customer likes a product or a service, he/she puts the product in the ‘shopping cart’.
The buyer then proceeds to the payment option after selecting all the products.
iii. PaymentThe buyer then has to select the payment option, he/she has various payment options. These payment pages are secured with very high-level encryptions so that the personal financial information that you enter (bank/card details) stay completely secure.
Explanation:
❣️(◍Jess bregoli ◍)❣️#keep learning!!In July, Harry's shoes sold 8 pairs of purple crocs for $75 each. On the first day of August, he lowered the price of purple crocs to $50 each and sold 27 pairs during the month. Does this demonstrate Elastic Demand or Inelastic Demand?
Answer:
Elastic Demand
Explanation:
The term elastic means stretchy or stretching. Elastic demand implies a demand that is changing or moving.
Elastic demand is the term used to describe the demand for a good that changes due to an increase or decrease in prices. A product or service whose demand changes significantly in response to a small change in price is said to have elastic demand.
The scenario described in this case is that of elastic demand. The demand for purple crocs rose from 8 in July to 27 in august. An increase of 19 units, which represents an increase of 237 percent. The increase in demand was a result of a decrease in price from $75 to $50. The price changes by $25, which is a decline of 33 percent. A drop in price by 33 percent results in a rise in demand by 237 percent is an illustration of elastic demand.
what is the importance of opportunity cost to an individual
Answer:
Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. The idea of opportunity costs is a major concept in economics. Because by definition they are unseen, opportunity costs can be easily overlooked if one is not careful. These are from my notes btw
Which of the following things can help you get a lower interest rate when you receive a loan?
A. A low credit score
B. A history of defaulting
C. Using all of your available credit
D. Collateral
Answer:
D. Collateral
Explanation:
Collateral refers to an asset offered to a lender to secure a loan. Borrowers use properties, motor vehicles, or other valuable items to convince lenders to advance credit facilities. Collateral reduces the risk of lending. If the borrower default, lenders have the option of selling the collateral to recover their money.
Because collateral makes a loan less risky, the interest charged is low. A high-interest rate reflects a high-risk borrower.
Answer:
D. Collateral
Explanation:
is it true that in the music buisness people will pray satin over a contract before the artists sign it and will they sell their soul?
Answer:
No.
Explanation:
If this is an actual question for an extremely religious school put yes. but this doesn't actually happen.
Answer:
I don't believe its true for all parts of the music industry, but there is a lot of crazy things going on in the world so you never know.