Answer: A hire purchase is a system by which one pays for a thing in regular instalmentsinstallments while having the use of it.
A credit sale is a purchases made by customers for which payment is delayed.
Answer: $26; $28.057
Explanation:
Total value = $260 million in assets
Shares outstanding = 10 million
Dividends = $2.5 million
Fund value at the start of the year = 
= 
= $26
Fund value at the end of the year:
Dividend per share = 
=
= $0.25
Price gain at 9% with deduction of 1% of 12b-1
Fund value at the end of the year = $26 × 1.09 × (1 - 0.01)
= $28.057
The answer is d by the way
Answer:
Answer is explained in the explanation section below.
Explanation:
Data Given:
LSL = 4.96 cm
USL = 5.04 cm
Mean = 5 cm
SD = 0.01 cm
1. Capability Index:
Cpk = min (
,
)
So, now, we need to find the following:
= 
= 
= 1.33
Similarly,
= 
= 
= 1.33
So,
Cpk = min (
,
) = 1.33
2. Maximum Standard deviation allowed.
Let SD be maximum standard deviation allowed.
So,
Mean - 3SD = 4.96 Equation 1
Mean + 3SD = 5.04 Equation 2
Subtracting Equation 2 from 1, we have
6SD = 5.04 - 4.96
6SD = 0.08
SD = 0.0133