Answer:
1287 spade flushes possible in a 52-card deck.
1287 flushes in any suit.
Explanation:
We have been given that a flush in a five-card poker hand is five cards of the same suit. The suits are spades, clubs, diamonds and hearts.
To find the number of possible spade flushes in a 52-card deck, we need to find choosing 5 cards from 13 cards as a standard deck has 13 spades altogether.
Therefore, there are 1287 spade flushes possible in a 52-card deck.
Since there 1287 possible suits in spade flushes and flushes of different suits are mutually exclusive events, therefore, there will be 1287 flushes in any suit.
Answer: 11.42 times
Explanation:
Inventory Turnover = Cost of Goods Sold / Average inventory
Where,
Cost of goods sold = 4,000 quarter-pound hamburgers each week x $1.00 a pound
COGS = $4,000 per week
Average Inventory = 350 pounds of hamburger
Inventory Turnover = 4000 / 350 = 11.42 times
Answer: The answer is A. Reflects product differentiation.
Explanation:
In a monopolistic competition, companies offer products that are not equal. This product differentiation gives companies power in the market and causes each company to face a demand curve with a downward slope (if it raises the price of its product it will sell less and if it lowers it will sell more). Unlike a perfect competition market where companies face a horizontal demand curve.
Answer:
Since there is not enough room here, I prepared the financial statement effects template on an excel spreadsheet that I attached.
a)
January 1, unearned revenue
Dr Cash 30,150
Cr Unearned service revenue 30,150
b)
January 31, accrued services
Dr Unearned service revenue 5,025
Cr Service revenue 5,025
c)
January 31, service revenue from hourly custodial work
Dr Accounts receivable 570
Cr Service revenue 570
Answer:
One motive that Dominic might have was that he has always wanted to become an entrepreneur and his grandmother wants him to take over the shop for her since his cake-making skills had very much improved since he started. And another motive Dominic had was that there was not a lot of jobs open for him in the area, so he was glad to help.
Explanation:
