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atroni [7]
3 years ago
5

Builtrite has calculated the average cash flow to be $16,000 with a standard deviation of $4000. What is the probability of a ca

sh flow being less than $9000? (Assume a normal distribution.)
Business
1 answer:
Drupady [299]3 years ago
6 0

Answer:

4%

Explanation:

For Builtrite, we can find the probability of cash flows by using the following formula:

Z = (X - C) / S

Average Cash Flow is $16000 which denoted by "C"

Standard Deviation is $4000 and is denoted by "S"

And

For cash flows that are less than $9000 which is denoted by X in the equation, "Z" can be calculated as under:

Z = (X - C) / S = ($9,000 - $16,000) / $4,000 = -1.75

As Z is less than -1.75, now we can see that the probability from the Z-table is 4% for -1.75.

Hence the probability of cash flow below $9,000 is 4%.

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Some organizations have the project sponsor complete a ____________ form to close a project or phase.
Harrizon [31]

Some organizations have the project sponsor complete project completion/ Client acceptance form to close a project or phase.

The Client Acceptance form means add up of the delivered solution, it confirms what deliverables has been yielded to the client and that the client has accepted those deliverables.

A project acceptance form is a document that, when implemented, means formal, written approval of the complete project. It accepts that all project requirements have been achieved and that all deliverables are completed.

An Acceptance Form assists to gain approval from the customer that the production done is according to the needs of the customer. An Acceptance Form includes all of the Acceptance Criteria for attaining the approval of the customer.

To learn more about project completion/ Client acceptance form here

brainly.com/question/15090038

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8 0
2 years ago
Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $10.90; direct
siniylev [52]

Answer:

$ 8.9

Explanation:

Given:

Direct materials cost = $ 10.90

Direct labor = $ 14.90

Variable overhead cost = $ 3.90

Fixed overhead cost = $ 8.90

Selling price offered for the product = $ 38.60

Net incremental cost = Offered selling price - ( Direct materials cost + Direct labor + Variable overhead cost )

The fixed cost is not included because, it will be incurred whether the offer is accepted or not.

therefore,

Net incremental cost = $ 38.60 - ( $ 10.90 + $ 14.90 + $ 3.90 )

or

The net incremental cost = $ 8.9

7 0
3 years ago
Read 2 more answers
On november 18, 2003, _______________, a reissue of a 1970 beatles album, is released featuring alternate takes and mixes. one w
cupoosta [38]
<span>LET IT BE NAKED was a reissue of a 1970 Beatles album was released on November 18, 2003, featuring alternate takes and mixes. </span>
4 0
3 years ago
Read 2 more answers
A characteristic of the market system is:A. Extensive use of direct methods of productionB. A focus on labor, as opposed to capi
riadik2000 [5.3K]

Answer: Option C

Explanation: In a market system, the suppliers are willing to produce those goods that have value to the consumers directly or indirectly. The focus is on maximizing output for achieving the economies of scale so that goods could be sold at a lower price, thus, increasing the sales.

Hence,the suppliers in case of market system use more of capital goods as they produce more output and relatively shortens the cost per piece.

Thus, the correct option is C.

5 0
3 years ago
9. The least risky method by which firms conduct international business is: a franchising b. acquisitions of existing operations
TEA [102]

Answer:

c. international trade

Explanation:

Options A and E are wrong because franchising and licensing businesses need to pay a special commission or extra expense to do the business. In that case, if the first company faces any disreputed problem due to the food, it is challenging for other franchisees to operate. Licensing business needs a massive cost at the start of the market.

Options B and D are wrong because acquisitions of existing operations or establishing a new subsidiary require high investment.

<em>Option C</em> is correct because international trade can take place at any time. There is a little cost when the trading period starts. Otherwise, there are not many costs. So, it is a less risky method.

4 0
3 years ago
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