Companies in the "sunset" industries develop environment ally sound substitutes

As an it professional you may support databases, but not do any application coding, why do you think it is still important to un

Anarel [89]

It is important to understand that the styles describe different aspects of applications. For example, some architectural styles describe deployment patterns, some describe structure and design issues, and others describe communication factors. Therefore, a typical application will usually use a combination of more than one of the styles described in this chapter.

3 0

3 years ago

Historically, 74% of credit card users carry a balance from month-to-month. A certain credit card company would like to study th

Hoochie [10]

Answer:

The probability more than 72% of the cardholders are carrying a balance is 0.2946

Explanation:

Test statistic (z) = (p' - p) ÷ sqrt[p(1-p) ÷ n]

p' is the sample proportion = 0.72

p is the population proportion = 0.74

n is the number of cardholders sampled = 140

z = (0.72 - 0.74) ÷ sqrt[0.74(1-0.74) ÷ 140] = -0.02 ÷ 0.037 = -0.54

The cumulative area of the test statistic is the probability that less than 72% of the cardholders are carrying a balance. The probability is 0.7054.

Probability (more than 72% of the cardholders are carrying a balance) = 1 - 0.7054 = 0.2946

3 0

3 years ago

When using the specific identification inventory method, cost of goods sold equals the ______.

Elenna [48]

When using the specific identification inventory method, the cost of goods sold equals the "revenues from the goods sold."

This is because the specific identification inventory method calculates each unit of n item in an inventory from when it enters the inventory until it leaves it.

The specific identification inventory method is used by many industries such as automobiles, furniture, jewelry, etc.

This method is mostly used when each unit of items can be specified easily, either through serial number, stamped receipt date, or other means of identification.

Hence, in this case, it is concluded that the specific identification inventory method is a good method to use in certain industries.

Learn more here: brainly.com/question/15896939

8 0

3 years ago

Read 2 more answers

Morgan Corporation purchased a depreciable asset for $600,000 on January 1, 2018. The estimated salvage value is $60,000, and th

KatRina [158]

Answer:

Annual depreciation= $165,000

Explanation:

<u>First, we need to calculate the accumulated depreciation at the end of 2020:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (600,000 - 60,000) / 9

Annual depreciation= $60,000

Three full depreciable years have passed.

Accumulated depreciation= 60,000*3= $180,000

<u>Now, the annual depreciation with the revised information:</u>

Book value= 600,000 - 180,000= $420,000

The useful life remaining is two years.

Annual depreciation= (420,000 - 90,000) / 2

Annual depreciation= $165,000

8 0

3 years ago

Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washingto

boyakko [2]

Answer:

See the explanation below.

Explanation:

Note: Find attached the summary table.

Total annual dividend payable to cumulative preferred 2% stock = 25,000 * $80 * 2% = $40,000

For 20Y1

Dividend declared = $24,250

Total payable to cumulative preferred 2% stock = $24,250

Cumulative preferred stock per share = $24,250 / 25,000 = $0.97 per share

Total cumulative preferred carried forward = $40,000 - $24,250 = $15,750

Total dividend payable to common stock = $0

Common stock dividend per share = $0

For 20Y2

Dividend declared = $9,000

Total payable to cumulative preferred 2% stock = $9,000

Cumulative preferred stock per share = $9,000 / 25,000 = $0.36 per share

Total cumulative preferred carried forward = $40,000 - $9,000 + $15,750 = $46,750

Total dividend payable to common stock = $0

Common stock dividend per share = $0

For 20Y3

Dividend declared = $106,750

Total payable to cumulative preferred 2% stock = $40,000 + $46,750 = $86,750

Cumulative preferred stock per share = $86,750 / 25,000 = $3.47 per share

Total dividend payable to common stock = $106,750 - $86,750 = $20,000

Common stock dividend per share = $20,000 / 100,000 = $0.20 per share

For 20Y4

Dividend declared = $95,000

Total payable to cumulative preferred 2% stock = $40,000

Cumulative preferred stock per share = $40,000 / 25,000 = $1.60 per share

Total dividend payable to common stock = $95,000 - $40,000 = $55,000

Common stock dividend per share = $55,000 / 100,000 = $0.55 per share

For 20Y5

Dividend declared = $110,000

Total payable to cumulative preferred 2% stock = $40,000

Cumulative preferred stock per share = $40,000 / 25,000 = $1.60 per share

Total dividend payable to common stock = $110,000 - $40,000 = $70,000

Common stock dividend per share = $70,000 / 100,000 = $0.70 per share

For 20Y6

Dividend declared = $165,000

Total payable to cumulative preferred 2% stock = $40,000

Cumulative preferred stock per share = $40,000 / 25,000 = $1.60 per share

Total dividend payable to common stock = $165,000 - $40,000 = $125,000

Common stock dividend per share = $125,000 / 100,000 = $1.25 per share

Download xlsx

5 0

3 years ago