Answer: 30 people
Explanation:
In general, only half of those spoken to will ask about upcoming discounts so out of 300, the number that will ask for discounts is:
= 300 / 2
= 150 people
Out of these 150 people who ask about upcoming discounts, only 20% will qualify. The number that will qualify is:
= 150 * 20%
= 30 people
Neal receives the additional $75,000.
<h3>
What are liabilities?</h3>
- A liability is defined in financial accounting as the future sacrifices of economic benefits that an entity is obligated to make to other entities as a result of past transactions or other past events, the resolution of which may result in the transfer or use of assets, provision of services, or another future yielding of economic benefits.
- A company's assets are what it owns, while its liabilities are what it owes.
- Both are included on a firm's balance sheet, which is a financial statement that demonstrates the financial health of the company.
- Equity, or an owner's net worth, is equal to assets with fewer liabilities
Liability Examples -
- Bank indebtedness Debt from a mortgage.
- Suppliers owe money (accounts payable) Wages are owing.
- Taxes are owing.
- In the given situation Neal was the owner and so it will have the liability of $425,000 and the additional amount of $75,000.
Therefore, Neal receives the additional $75,000.
Know more about liabilities here:
brainly.com/question/24534918
#SPJ4
The waiting time at which 10 percent of the people would continue to hold is given as 2.3
<h3>How to solve for the waiting time</h3>
We have to solve for X ~ Exponential(λ).
then E(X) = 1/λ = 3,
= 0.3333
Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case
For 10 percent of the people we would have a probability of
10/100 = 0.1
we are to find
P(X ≤ t)
= 1 - e^(0.3333)(t) = 0.1
Our concern is the value of t
Then we take the like terms
1-0.1 = e^(0.3333)(t)
1/0.9 = e^(0.3333)(t)
t = 3 * ln(1/0.9)
= 0.3157
Answer:
The answer is 3. Quantity of output is higher that it was previously
Explanation:
A perfectly competitive firm acts as a price taker, so its calculation of total revenue is made by taking the given market price and multiplying it by the quantity of output that the firms chooses.
Answer:
D.
Explanation:
That's like saying I'll give you $500 if you can make this basket . He made a PROMISE with money he didn't have yet .
