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balandron [24]
3 years ago
12

A specific brand name has an 80% recognition rate. ten people are randomly surveyed in an area to determine if the rate is valid

. what is the probability that exactly 8 people recognize the brand?
Business
2 answers:
oksian1 [2.3K]3 years ago
7 0

the right answer is 0.302

Alla [95]3 years ago
6 0
With the information given in the problem, we know that 80% of the time the brand will be recognized.

As we know, 8/10 is the same thing as 80%.

The probability that exactly 8 people will recognize the brand is 100%.

Let me know how this works out.
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ABC Corporation distributes property to its sole shareholder, Andre. The property has a fair market value of $350,000, an adjust
saul85 [17]

Answer:

ABC has a gain of $145,000 and Andre's dividend income is $130,000

Explanation:

Property ABC issued, has the following:

fair market value = $350,000

Adjusted basis = $205,000

Liability = $220,000

Calculate ABC's Corporation gain:

Gain = market value - Adjusted basis

= $350,000 - $205,000

= $145,000

ABC has a gain of $145,000

Calculate Andre's dividend income since he is the sole shareholder:

Dividend earnings = fair market value - liability

= $350,000 - $220,000

= $130,000

Andre's dividend income is $130,000

Correct option is D.

With respect to distribution, ABC has a gain of $145,000 and Andre's dividend income is $130,000

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swat32

Answer:

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