I think the answer is B: a person with a credit score of 760 with a small amount of debt who has had steady employment for many years.
Answer:
3.5 customers
Explanation:
The computation of the average number of customers in the system is shown below:
= (Arrival rate) ÷ (Service rate - arrival rate)
= (210 customers) ÷ (270 customers - 210 customers)
= (210 customers) ÷ (60 customer)
= 3.5 customers
We simply apply the average number of customers formula so that the correct value can come
All other information which is given is not relevant. Hence, ignored it
Answer:
A production possibilities frontier identifies the dollar cost of producing a good or service in an economy.
True
Explanation:
Cost of producing could be envisaged through budgeting where the variable cost, fixed cost and total cost is expected to be calculated either through rough estimate.
A likely reason that a company would move its facility from one location to another is that they would like to access various modes of transportation, such as boats and/or railroad.
The following journal entry will be passed in the books of accounts and the interest expense is calculated to an amount of $9600
<u>Explanation:</u>
Given data:
amount of note: $200000, annual principal payments to be made each year at December 31st = $40000, interest amount to be charged = 6 percent, duration of note = 5 years
the following calculation is made in order to find out the amount of interest:
Amount of note minus principal payment multiply with rate of interest
now, putting the figures in formula:
interest = 200000 minus 40000 = $160000 multiply with .06 = $9600
Thus, the interest amount = $9600
The interest expense will be debited with an amount of $9600 in the books of accounts.
