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
eimsori [14]
3 years ago
12

A certain person goes for a run each morning. when he leaves the house for his run, he is equally likely to go out either the fr

ont or the back door and similarly when he returns, he is equally likely to go to either the front or the back door. the runner owns 3 pairs of running shoes which he takes off after the run at whichever door he happens to be. if there are no shoes at the door from which he leaves to go running, he runs barefoot. we are interested in determining the proportion of time that he runs barefoot. 1. set this problem up as a discrete time markov chain. give the states and the one-step transition probability matrix. 2. determine the proportion of days that he runs barefoot.
Business
1 answer:
boyakko [2]3 years ago
7 0
<span>if there are no shoes at the door from which he leaves to go running, he runs barefoot. but i would think this to be a math probability question</span>
You might be interested in
Perpetual Inventory Using LIFOBeginning inventory, purchases, and sales data for prepaid cell phones for May are as follows:Inve
Ivan

Answer:

<u>Date                                      Purchases                    Sales        </u>

May 1                                1,550 units at $44

May 10                                720 units at $45

May 12                                                                    1,200 units

COGS                                                                  (720 x $45 = $32,400)

COGS                                                                  (480 x $44 = $21,120)

TOTAL COGS FOR MAY 12 SALE                       = $53,520

Inventory after sale        1,070 units at $44

May 20                             1,200 units at $48

May 14                                                                      830 units

COGS                                                                  (830 x $48 = $39,840)

TOTAL COGS FOR MAY 14 SALE                       = $39,840

Inventory after sale         1,070 units at $44

                                          370 units at $48

May 31                                                                    1,000 units

COGS                                                                  (370 x $48 = $17,760)

COGS                                                                  (630 x $44 = $27,720)

TOTAL COGS FOR MAY 12 SALE                       = $45,480

Inventory after sale        440 units at $44

Under LIFO (last in, first out), the cost of goods sold is determined using the price of the last units purchased, which means that the most recent (or updated) price is used to calculate COGS.

7 0
3 years ago
Green Frog is an environmentally friendly firm in the cosmetics industry. Even though Green Frog is environmentally friendly, th
kakasveta [241]

Answer:

D) Growth in earnings per share averaging 15% or better annually for the next five years

Explanation:

First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.

Improving product quality will help improve total sales but it is not a financial objective.

The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.

5 0
3 years ago
To accurately determine the financial performance of a company, it is necessary to compare the company's performance ________.
ratelena [41]

To accurately determine the financial performance of a company, it is necessary to compare its performance from <u>year to year</u>.

In order to accurately determine the financial performance of a company, financial statements are used in evaluating, which include the balance sheet,  statement of cash flows, and the income statement.

Financial performance indicators are quite necessary as they are quantifiable metrics which are used to measure how well a company is doing. Some companies also hire an outside accounting firm to audit the financial statements.

Hence, it is necessary to compare the financial performance of a company from year to year.

To learn more about financial performance here:

brainly.com/question/17307055

#SPJ4

6 0
2 years ago
The cost to manufacture one unit of Rinker Audio Products' bestselling hearing aid, the Magnifier, is $87.50. The CFO of the com
padilas [110]

Answer:

d. economies of scale

Explanation:

Based on the information provided within the question it can be said that this concept is known as an economy of scale. Like mentioned in the question this concept states that as a company scales their operation, the cost of each input unit decreases as their output or production increases, Thus granting the company a cost advantage. As is happening in this scenario.

4 0
3 years ago
Consuming 2 widgets provides 240 total utility, while consuming 3 widgets provides 270 total utility. What is the marginal utili
inessss [21]

Answer:

30

Explanation:

Data provided in the question

Total utility consuming the 2 widgets = 240

Total utility consuming the 3 widgets = 270

So by considering the above information, the marginal utility of consuming the third widget is

= Total utility consuming the 3 widgets - Total utility consuming the 2 widgets

= 270 - 240

= 30

Basically we deduct the total utility consumes 2 widgets from the total utility consumes 3 widgets

3 0
3 years ago
Other questions:
  • On may 10, the ceo of massmachine announced a quarterly dividend of $.50 per share to be paid on june 25 to all stockholders on
    6·1 answer
  • ​________ is used to describe how changes in price affect a​ consumer's purchasing​ power, and​ ________ is used to describe how
    13·2 answers
  • Wood Carving Corporation manufactures three products. Because of a recent lack of skillled wood carvers, the corporation has had
    7·1 answer
  • Which of the following statements is false?
    5·2 answers
  • A difference between Maslow's need hierarchy and Alderfer's ERG theory is that
    12·1 answer
  • The big dilemma an acquisition-minded firm faces is whether to
    12·2 answers
  • what is the government-regulated distribution of a good that is in low supply. A. Surplus B. Shortage C. Rationing D. Price floo
    8·2 answers
  • Installing strong locks on the doors that lead to your company's data servers is an example of which of the following security m
    6·1 answer
  • As a noncommissioned employee in a company, your pay rate is most likely based on
    6·2 answers
  • IBM issues bonds with a sinking fund provision that the company can call 7% of the bonds at par value or the company can buy the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!