Answer:
The answer is below.
Explanation:
The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:

a) Given that n = 100, μ = 2000, σ = 18
For x < 1995 millimeters:

From the normal distribution table, P(x < 1995) = P(z < -2.78) = 0.0027
b) P(z > z*) = 10% = 0.1
P(z < z*) = 1 - 0.1 = 0.9
z* = 1.28

From the normal distribution table, P(z < z
Answer:
d. a monopoly firm reducing its price in an attempt to maintain its monopoly.
Explanation:
In a competitive system, a firm practices predatory pricing when it charges prices below its costs in order to eliminate competitors. When the prevailing system is a monopoly, the firm is the only company providing the good and it can practice predatory pricing in the short term to prevent a competitor from entering the market. Thus the firm remains monopolistic.
Answer: $400,000
Explanation:
Only stock that are ISSUED are to be paid dividends on NOT those Authorized.
Even after that, we would still have to remove the Treasury stock because Treasury Stock is stock that was PREVIOUSLY outstanding but was repurchased by the company and so Dividends will not be paid on them.
So now we calculate the Shares Outstanding that are liable for Dividend payment.
That would be,
= 360,000 - 160,000(Treasury Stock)
= 200,000 shares will have dividends paid to them.
Since the dividends are $2.00 per share we then have,
= 200,000 * 2
= $400,000
$400,000 is the total amount of the dividend that will be paid.
Answer:
The Breakeven point is 13,000 units.
Explanation:
The breakeven point can be found from the following equation:
Breakeven units = Fixed Costs / Contribution Per unit
Here, contribution per unit is $5 per unit which is the difference between the selling price and variable costs per unit.
The fixed cost here is $65000.
By putting the values in the above equation, we have:
Breakeven units = $65,000 / $5 per unit = 13,000 units