Answer:
Please see attachment
Explanation:
Please see attachment
You purchase a bond with an invoice price of $1,410. The bond has a coupon rate of 6.8 percent, and there are 3 months to the ne
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Answer:
the average number of customers awaiting repairs = 0.30
the system utilization = 42
the amount of time that the repairman is not out on a call is = 4.64 hours
the probability of two or more customers in the system = 0.1764
Explanation:
Given that :
Repair time, including travel time = mean of 1.6 hours per call.
Requests for copier repairs = mean rate of 2.1 per eight-hour day
i.e mean rate R = 2.1/day
Time = 8 hours
thus; mean rate μ = 8 hours/ 1.6 hours = 5
(a)
Let the average number of customers awaiting repairs be :
the average number of customers awaiting repairs = 0.30
(b) Determine system utilization.
The system utilization is determined as follows:
(c) The amount of time during an eight-hour day that the repairman is not out on a call is calculated as :
Percentage of Idle time = 1 -
Percentage of Idle time = 1 - 0.42
Percentage of Idle time = 0.58
However during an 8 hour day; The amount of time that the repairman is not out on a call is = 0.58 × 8 = 4.64 hours
(d)
the probability of two or more customers in the system by assuming Poisson Distribution is:
P(N ≥ 2) = 1 - (P₀+ P₁)
where;
P₀ = 0.58
P₁ = 0.58 × 0.42 = 0.2436
P(N ≥ 2) = 1 - ( 0.58 + 0.2436)
P(N ≥ 2) = 1 - 0.8236
P(N ≥ 2) = 0.1764
Thus; the probability of two or more customers in the system is 0.1764
Answer:
Dividend Per Each Share = $0.85 per share
Explanation:
given data
common stock outstanding = 41,000 shares
preferred stock outstanding = 5,000 shares
common stock = $6.00 par value
preferred stock 4% noncumulative = $100.00 par value
total dividend payment = $55,000
solution
we get here Total Preferential Divided that is
Total Preferential Divided = Shares × Face Value × 4% ........1
Total Preferential Divided = 100 × 5000 × 4%
Total Preferential Divided = 20000
so as that Total Equity Dividend is
Total Equity Dividend = Total Dividend - Total Equity Dividend .............2
Total Equity Dividend = $55,000 - 20000
Total Equity Dividend = 35000
so Dividend Per Each Share will be
Dividend Per Each Share = ..............3
Dividend Per Each Share =
Dividend Per Each Share = $0.85 per share