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4 years ago

Which best describes how theoretical probability is determined?

Business

2 answers:

ivanzaharov [21]4 years ago

4 0

C by considering all possible outcome

AnnyKZ [126]4 years ago

4 0

I believe the answer is: c. by considering all possible outcomes

To determine the number of theoretical probability, we need to divide Number of favourable outcome with the number of possible outcome.

The number of possible outcomes in this situation would be calculated based on previous experiments, direct observation, and experiences.

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Mark is considering opening a money market account. What is an issue that he needs to be aware of when comparing a money market

Anna11 [10]

The right answer for the question that is being asked and shown above is that: "C) Mark will not be able to write checks from a money market account, which will encourage him to save money." This an issue that he needs to be aware of when comparing a money market account to a checking <span>account</span>

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3 years ago

ROM Corporation had kept all its hiring plans on hold during the last four quarters because the economy was in a state of recess

Vanyuwa [196]

Answer:

D. Computer manufacturers have aggressively started hiring more staff

Explanation:

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3 years ago

You are considering a project and are concerned about the reliability of the cash flow forecasts. To reduce any potentially harm

Nuetrik [128]

Answer: A. Lowering the degree of operating leverage.

Explanation:

The degree of operating leverage measure how much the earnings from a project will change as a result of sales.

If you are worried about the cash flow forecasts, it would be best to lower the operating leverage so as to reduce the forecasting error associated with the project. If the operating leverage is high then a small change in sales could impact income in a relatively huge way. By reducing the DOL, the cashflow from the project is easier to forecast and therefore more reliable.

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3 years ago

Which of the following actions would cause a decrease in the level of reserves in the banking system? A. The FOMC instructs the

den301095 [7]

Answer:

E. The FOMC instructs the NY trading desk to sell government bonds on the open market.

Explanation:

FOMC The Federal Open Market Committee is charged under US Laws.

This is controlled through transactions of FOMC,

When Federal Committee (FOMC) purchases bonds from open markets then there is an instant increase in level of reserves in the banking system.

Thereafter, the sale by Federal Committee in the open market tend to decrease the level of reserves in the banking system.

This is directly related to the reserve level.

5 0

4 years ago

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month’s budget appear be

DochEvi [55]

Answer:

Margin of safety= 150 units

Margin of safety ratio= 15.9%

Explanation:

Giving the following information:

Selling price per unit $29

Variable expense per unit $18

Fixed expense per month $8,800

Unit sales per month 950

To calculate the margin of safety both in units and as a percentage of sales, first, we need to calculate the break-even point in units.

Break-even point= fixed costs/ contribution margin

Break-even point= 8,800/ (29 - 18)= 800 units

Now, we can calculate the margin of safety in units:

Margin of safety= (current sales level - break-even point)

Margin of safety= (950 - 800)= 150 units

As a percentage of sales:

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= 150/950= 0.159= 15.9%

7 0

3 years ago

Read 2 more answers