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Dahasolnce [82]
3 years ago
8

A local club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distribu

ted with a mean of 100 and standard deviation of 20, trees cost $20 to buy, sell for $50, and have no salvage value at the end of the month, what is the optimal service level?
Business
1 answer:
Ierofanga [76]3 years ago
8 0

Answer:

.60

Explanation:

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pJimmy is a client of yours and he has some holdings in U.S. T-Bonds. Over the past year, he received $500 in interest from thes
Firdavs [7]

Answer:

Jimmy must pay federal income taxes for the $500 earned in dividends during last year = $500 x 28% = $140

Since interest earned on federal securities are not taxed by state or local governments, there is no state tax liability.

Jimmy's total taxes due from dividends earned = $140

5 0
3 years ago
To pay for college, Henry received the following: $1,000 scholarship from the Thespian Club to pay for books $4,000 scholarship
Alika [10]

Answer:

$5,000

Explanation:

Money received as scholarship and used to pay for tuition or related expenses is not included in the gross income. So the $1,000 scholarship from the Thespian Club and the $4,000 scholarship from the Elks Lodge are not taxable. The only taxable income that Henry earned is the $5,000 that he was paid for being a dorm supervisor.

6 0
3 years ago
You are considering a project which will provide annual cash inflows of $4,500, $5,700, and $8,000 at the end of each year for t
liraira [26]

Answer:

Total PV= $15,103.49

Explanation:

Giving the following information:

Cf1= 4,500

Cf2= 5,700

Cf3= 8,000

Discount rate= 9%

<u>To calculate the present value, we need to use the following formula on each cash flow:</u>

PV= FV/(1+i)^n

Cf1= 4,500/(1.09)= $4,128.44

Cf2= 5,700/1.09^2= $4,797.58

Cf3= 8,000/1.09^3= $6,177.47

Total PV= $15,103.49

3 0
3 years ago
Use your knowledge of the common wind types to complete the blanks in the sentences below.
Liula [17]

Answer:

a). <u>Chinook</u> winds are created when cold air descending the sheltered (leeward) side of the Rockies is warmed by compression.

b). A circulation pattern consisting of a light wind blowing into the city from the countryside is characteristic of a <u>country breeze</u>.

c). A <u>sea breeze</u> is the result of the air over land heating, expanding, and rising, thereby creating a low-pressure area into which cooler air from over the ocean can move.

d). Heated air from mountain slopes gliding up along that slope results in a <u>Valley breeze</u>.

Explanation:

The given blanks have correctly been filled with terms matching the definitions provided. 'Chinook' is described as the descending warm, dry wind on the eastern side of the Rocky Mountains that generally blow from the southwest and can rapidly increase the temperature due to the much warmer air it brings. While country winds are the light winds that blow towards the city from surrounding countries. Sea breezes are defined as the air blowing off the sea on the nearby land and make the area cooler. Valley breeze is the warm air that blows up towards the slopes.

3 0
3 years ago
Novak Corporation is preparing its 2020 statement of cash flows, using the indirect method. Presented below is a list of items t
fgiga [73]

Answer:

Code               Transaction

<u>_P-I </u>                 a. Purchase of land and building.

<u> A.</u>                    b. Decrease in accounts receivable.

<u>R-F</u>                   c. Issuance of stock.

<u>A.</u>                     d. Depreciation expense.

<u>R-I</u>                    e.Sale of land at book value.

<u>R-I</u>                    f. Sale of land at a gain.

<u>P-F</u>                   g. Payment of dividends.

<u>D</u>                      h. Increase in accounts receivable

<u>P-I</u>                     i. Purchase of available-for-sale debt investment.

<u>A</u>                       j. Increase in accounts payable.

<u>D</u>                       k. Decrease in accounts payable.

<u>R-F</u>                   l. Loan from bank by signing note.

<u>N</u>                      m. Purchase of equipment using a note.

<u>D</u>                      n. Increase in inventory.

<u>R-F</u>                   o. Issuance of bonds

<u>P-F</u>                   p. Redemption of bonds payable.

<u>R-I</u>                    q. Sale of equipment at a loss.

<u>P-I</u>                    r. Purchase of treasury stock.

Explanation:

Cash flow is categorized into three sections: operating, investing and financing activities.

Operating activities comprise of all cash activities relating to cash received from customers and cash paid to suppliers and other cash used in operation during the period.

Investing activities comprise of all cash activities relating to acquisition and disposal of assets and other investment.

Financing activities comprise of all cash activities relating to suppliers of capital, including both equity owners and debt holders.

7 0
3 years ago
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