1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aksik [14]
3 years ago
10

A set of sweater prices are normally distributed with a mean of 585858 dollars and a standard deviation of 555 dollars.What prop

ortion of sweater prices are between 48.5048.5048, point, 50 dollars and 606060 dollars?
Business
1 answer:
Mama L [17]3 years ago
8 0

Answer:

Explanation:

 Mean μ = 58

standard deviation σ = 5

x₁ = 48.5 , x₂ = 60

value of t = (x₂ -  μ )/ σ

= (60 - 58) / 5 = .4

Area under normal curve = .1554

value of t = (μ -x₁)/ σ

=(58 - 48.5 )/5

= 1.9

Area under normal curve = .4713

Total area = .4713 + .1554

= .6267

= 62.67%

You might be interested in
Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rat
tamaranim1 [39]

Answer:

Predetermined manufacturing overhead rate= $14.77 per direct labor hour

Explanation:

Giving the following information:

Estimated overhead cost for the period= $325,000

Estimated total direct labor hours for the period= 22,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 325,000 / 22,000

Predetermined manufacturing overhead rate= $14.77 per direct labor hour

8 0
3 years ago
According to the bond-yield-plus-risk-premium approach, a firm's cost of retained earnings, r s , can be estimated by adding a r
Masja [62]

The approach suggest that a firm's cost of retained earnings can be estimated by adding a risk premium of 3% to 5% points to the before-tax interest rate on the firm's own long-term debt.

The bond-yield-plus-risk-premium approach does assumes that cost of equity is closely related to the firm's cost of debt.

  • The premium approach does help to determine the value of an assetof a company's such as its traded equity.

However, the approach suggest that a firm's cost of retained earnings can be estimated by adding a risk premium of 3% to 5% points to the before-tax interest rate on the firm's own long-term debt.

Read more about the premium approach:

<em>brainly.com/question/20354983</em>

7 0
2 years ago
State the following statement is True or False, and explain why. Thor who lives in Montana purchased a car produced in Japan for
Likurg_2 [28]

Answer:

false

His purchase left GDP unchanged

Consumption of non durables would increase.

Also, net export would decrease.

these effects would cancel out

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

3 0
2 years ago
Brandon owes his brother $120. He has a stamp collection worth $1,250 and he has $300 in a bank account. He also has a skateboar
monitta

Answer:

Complete the problem. What are you trying to solve for?

Explanation:

4 0
1 year ago
Aguilera corp. has a current accounts receivable balance of $336,500. credit sales for the year just ended were $4,515,830. what
Alika [10]

The receivables turnover ratio is an activity ratio computing how proficiently a firm uses its assets.

Receivables turnover ratio can be calculated by: net value of credit sales during a given period divided by the average accounts receivables.

Receivables turnover = sales / receivable

= 4,515,830 / 336,500

= 13.42

 

Days’ sales in receivables = 365 days/ receivable turnover

= 365 / 13.42

= 27.20

The average collection period is 27.20 days.

6 0
3 years ago
Other questions:
  • If a company has five employees with annual salaries of $40,000, $90,000, $40,000, $30,000, and $80,000, respectively, what is t
    8·1 answer
  • John gets a job with a large firm that audits small businesses. while working there, he becomes friends with dave, who invites h
    6·1 answer
  • In an economy where planned aggregate spending is given by PAE = 5,500 + 0.6Y - 20,000r, the interest rate is currently 5 percen
    14·1 answer
  • Jeanne and Mark are buying a home. They've been told their mortgage payment will be $1,072 per month. There's also an additional
    13·1 answer
  • Analyzing Unearned Revenue Disclosures
    5·1 answer
  • How would the value of a firm be affected by the following events? a.The introduction of a new product designed to increase the
    11·1 answer
  • How is a post from a social media influencer different than a comment from a regular consumer?
    6·1 answer
  • Write the president (me) a memo explaining your reasoning and suggest a new pricing strategy. (You can decide what kind of busin
    13·1 answer
  • What state in the country has the highest percent of their credit economy with subprime credit scores?.
    14·1 answer
  • On January 4, David Company acquired all of the net assets (assets and liabilities) of William Company for $ 145,000 cash. The t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!