The answer to the question is D.998
This is binomial
distribution problem. <span>
We are given that:</span>
n = sample size = 500
p = proportion which
burns wood = 0.27,
q = proportion which
does not burn wood = 1-p = 0.73
<span>
A. Mean is calculated as:</span>
Mean = n*p
Mean = 500 * 0.27
Mean = 135
<span>
B. Variance is calculated as:</span>
Variance = n*p*q
Variance = 500*0.27*0.73
Variance = 98.55
<span>
C. Standard deviation is calculated as:</span>
Standard deviation = sqrt(variance)
Standard deviation =
sqrt(98.55)
<span>Standard deviation =
9.93</span>
Answer:
$10,410
Explanation:
Working capital is the difference between a company's current or short term assets and its current liabilities or short term obligations. It gives an insight as to how liquid an organization is.
Working capital = Current assets - current liabilities
= $82,530 - $72,120
= $10,410
Astin's Company's working capital is $10,410
Answer: b. neither the earnings nor the dividends of the investee.
Explanation:
When the cost method is used to account for a stock investment, it means that in the books, the stock is to be recorded at the price it was purchased for.
This means that even if earnings and dividends accrue on the stock, it is not to change in value but should stay being recorded at the price it cost to acquire.
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