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andriy [413]
3 years ago
10

From previous records a shipping company knows that the cost to deliver a small package within 24 hours is $15.50. The company c

harges $17.95 for shipping but guarantees to refund the full charge if the delivery is not made within 24 hours. If the company fails to deliver within the 24-hour window only 3% of the time, what is their expected gain per package?
Business
1 answer:
Ahat [919]3 years ago
8 0

Answer:

Their expected gain per package is $1.9115

Explanation:

Expected gain per package

= (what it gets if delivery is made)(probability delivery is made) + (what it loses if delivery is not made)(probability delivery is not made)

= (17.95 - 15.50)*(0.97) + (-15.50)*(0.03)

= 2.3765 - 0.465

= 1.9115

Therefore, Their expected gain per package is $1.9115

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    It can be challenging to recover after natural disasters like tsunamis, hurricanes, earthquakes, and floods. Residents of communities must be able to both obtain the resources they need for reconstruction and get around the issue of collective action that plagues post-disaster relief efforts.

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2 years ago
Mark Paxson maintains that the statement of cash flows is an optional financial statement. Do you agree? Explain.
AlekseyPX

Answer:

I Disagree

Explanation:

The statement of cash flows is of extreme importance for a company and its stakeholders (especially investors). It shows how activities affecting the balance sheet and the financial statement also affect cash and cash equivalents, and while it is true that the balance sheet has an account under that name, it does not provide enough detail.

The statement of cash flows on the other hand details how much cash the company gets from financing, operating, and investing activities, and from this information, a potential investor can make crucial analysis when determining whether to invest or not.

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3 years ago
3.What are some factors that influence a person's credit rating or their ability to get credit? Explain how these factors influe
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Several factors are taken into account with credit scores. It weighs greatly on debt ratios and payment history. Other items that can influence credit are the length of credit as well as credit inquiries. Credit scores can fluctuate frequently as credit history changes. 
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(c) dividends are federally tax exempt, but capital gains are subject to taxation.

What is dividend?

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In order to collect dividends on a stock, you simply need to own shares in the company through a brokerage account or a retirement plan such as an IRA. When the dividends are paid, the cash will automatically be deposited into your account.

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Mr. Divers will be affected bey th unatnticpated inflation causng his retirement account to be worth less in the future than before inflation. Due to inflation, the prices of goods and services rise causing his money to be spent in a shorter time period on less items then it would have if it were spent without any type of inflation issues.

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