Answer and Explanation:
a. The computation of the probability for a student either a finance or marketing major is shown below:
= Number of expected outcomes ÷ total number of outcomes
= (67 + 45) ÷ (67 + 45+ 51 + 18)
= 112 ÷ 181
= 0.6188
b. Now for mutually exclusive, we make the assumption that the none of the students has taken for multiple specializations also nothing is mentioned in the question
Answer:
$105,000
Explanation:
Calculation for How much income tax expense is recognized in the secound quarter of 2021
Secound quarter income tax expense=$300,000 × .35
Secound quarter income tax expense= $105,000
Therefore How much income tax expense is recognized in the secound quarter of 2021 is $105,000
It is called dominant temenent
Answer:
Part 1
$1,422,940
Part 2
$331,480
Explanation:
cost of the land calculation
Purchase Price $1305000
Cost to tear down building $121000
Sale of Salvages ($8400)
Leagl fees $5340
Total $1,422,940
The cost of the land that should be recorded by Wilson Co. is: $1,422,940
cost of the building calculation
Architect's fees $47000
Insurance $3900
Liability insurance $4200
Excavation cost $15480
city for pavement $9900
Borrowing Costs $251000
Total $331,480
The cost of the building should be recorded by Wilson Co. is $331,480
Answer:
d. Commercial paper
Explanation:
-Short-term bank loans is a loan that has to be paid back in a year.
-Factoring is when a company sells its accounts receivable to another company at a cheaper price.
-Trade credit is a credit that a supplier gives to its clients to make the payments later.
-Commercial paper is a promissory note used by companies to get money to cover short-term liabilities and has a period of time of up to a year.
According to this, the answer us that the short-term financing option that is being offered by Juxipi Inc. in the given scenario is commercial paper.
