Answer:
about 68% of brand x’s batteries have a lifespan between 95.2 hours and 108.8 hours. about 68% of brand y’s batteries have a lifespan between 98.6 hours and 101.4 hours. the life span of brand y’s battery is more likely to be consistently close to the mean.
Explanation:
According to the empirical rule (68–95–99.7 rule) for a normal distribution, 68% of the data falls within the first standard deviation (μ ± σ).
Given for brand x, mean (μ) = 102 hours and standard deviation (σ) = 6.8 hours.
first standard deviation (μ ± σ) = 102 ± 6.8 = (95.2, 108.8)
about 68% of brand x’s batteries have a lifespan between 95.2 hours and 108.8 hours.
Given for brand y, mean (μ) = 100 hours and standard deviation (σ) = 1.4 hours.
first standard deviation (μ ± σ) = 100 ± 1.4 = (98.6, 101.4)
about 68% of brand x’s batteries have a lifespan between 98.6 hours and 101.4 hours.
Since the standard deviation of brand y is smaller than that of brand x, brand y battery is more likely to be consistently close to the mean
Answer:
Value of a share = $15
Explanation:
<em>According to the </em><u><em>dividend valuation model</em></u><em>, the value of a share is the present value of expected dividend discounted at the required rate of return. </em>
This model is expressed in the formula below;
Value of a share = D/Ke
D- dividend payable in year one
Ke- cost of equity
Value of a share = 2.25/0.15
Value of a share = $15
Value of a share = $15
The equation for the income statement is Revenues - Cost of goods = Net income. The three major items reported on the income statement are net income, gross profits, and operating income.
The income statement is a statement of the profits and losses of a firm. It consists of three income statements. The Net income is derived by deducting the expenses of the firm from its revenues (Net income = Revenue - Expenses). It may also be calculated by adding the operating income with the non-operating items.
Gross profit is arrived at by subtracting the expenditure made on the products that were sold from the revenue of a firm. The Operating income is the result of subtracting the operating expenses from the gross profit.
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The answer to your question is going to be challenge
Answer:
Vince's Vehicle Repairs
The Cost of Sales is:
= $72,000.
Explanation:
a) Data and Calculations:
Turnover = $180,000
Gross profit margin = 60%
Net profit margin = 22%
Gross profit margin = Gross profit/Turnover * 100
60% = Gross Profit/$180,000 * 100
Therefore, the Gross Profit = $180,000 * 60%
Gross Profit = $108,000
Cost of sales = Turnover - Gross profit (100% - 60%)
Cost of sales = $180,000 - $108,000
= $72,000
Alternatively, Cost of Sales:
= $180,000 * (100% - 60%)
= $72,000
