1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mariana [72]
3 years ago
7

I toss a penny and observe whether it lands heads up or tails up. Suppose the penny is fair, i.e., the probability of

Business
1 answer:
Alexandra [31]3 years ago
7 0

Answer:

A) if I flip the coin many, many times, the proportion of heads will be approximately 1/2, and this proportion will tend to

get closer and closer to 1/2 as the number of tosses increases.

Explanation:

Probability is described as the likelihood of an event happening. It is expressed in numerical fractions between zero and one. Zero means near certainty that the event will not occur while one is a guarantee that the event is happening.

A probability of 1/2 signifies a 50 percent chance. In a coin toss, 1/2 probability means the coins have 50 chance of landing on either tail or head. A coin has only two sides. Each ill toss presents a head or tail. The more tosses one makes, the proposition of heads to tail get closer 1/2. Very many tosses will give show 1/2 to either tails or head.

You might be interested in
Prepare a classified balance sheet. Assume that $13,600 of the note payable will be paid in 2023.The following items are taken f
Aliun [14]

Answer:

A) See attached file for Balance Sheet

B) Current ratio = 1.26

C) Debt to Asset ratio = 18%

The Current ratio tells us that the company has 1.26 dollars of current assets to cover 1 dollar of current debt. That is a good thing, but to know if it´s enough covers, further information is needed. Others ratios can help to complete the picture as for example, quick ratio, assets turn over, inventory turn over, receivables turn over, etc. The debt to assets ratio. Tells us that the company owes 18% of its assets. The rest belongs to the stockholders. Again, it´s a good thing, but further information can help us to know if the company can invest in new projects, financing it with debt in a profitable way, for example, if Return on Assets is higher than debt rate.

Explanation:

B) Current ratio = Current Assets / Current Liabilities

   Current ratio = 52,140 / 41,400

   Current ratio = 1.26

C)Debt to Asset ratio = (Total Liabilities / Total Assets)*100

   Debt to Asset ratio = (121,400 / 691,400)*100

   Debt to Asset ratio = 18%

The current ratio measures a company's ability to pay short-term obligations or those due within one year, by relating current assets with current liabilities (liquidity ratio). The debt to total assets ratio shows the percentage of a company's total assets that were financed by creditors (financial ratio).  

3 0
3 years ago
What components of GDP (if any) would each of the following transactions affect? Explain. Remember Y=C(Y-T)+I(R)+G+X-M a. A fami
horsena [70]

Answer:

A. The household purchase of a new refrigerator will directly lead to an increase in the consumption component of the Gross Domestic Product (GDP). Therefore, the GDP will increase by the amount of refrigerator purchased

4 0
3 years ago
A purely domestic firm that sources and sells only domestically, Multiple Choice should never hedge since this could actually in
Oksana_A [137]

Answer:

faces exchange rate risk to the extent that it has international competitors in the domestic market.

Explanation:

Exchange rate risk is defined as the risk that exists when a company engaged in transactions that are denominated in a foreign currency rather than the domestic currency.

So if a purely domestic firm that sources and sells only domestically has international competitors in its local market, and the exchange rate is favouring the competitors there will be a risk for them.

For example if international competitors can source raw materials cheaper because of the exchange rate of a foreign country, it will be a disadvantage to local firms that cannot reduce their prices.

5 0
3 years ago
Which of the following is a tertiary ratio that drives protability?
Snezhnost [94]

Answer:

Explanation:

wmdjnjjfjjjjjjjjjjjjjjjj

4 0
3 years ago
Which of the following housing decisions provides a person with both
Lana71 [14]
C selling a share in cooperative
3 0
3 years ago
Read 2 more answers
Other questions:
  • Which one of the following best represents the transaction motive for holding cash? A. Buying extra inventory in response to an
    5·1 answer
  • Mittelstaedt Inc., buys 60 percent of the outstanding stock of Sherry, Inc. Sherry owns a piece of land that cost $207,000 but h
    15·1 answer
  • Tom is taking a science test and he needs to get 80% of the 20 questions on the test right in order to pass. how many questions
    10·2 answers
  • Racing Motors wants to save $825,000 to buy some new equipment three years from now. The plan is to set aside an equal amount of
    8·1 answer
  • Which function would you use to change the appearance of data in a cell from decimal to percentage?
    15·2 answers
  • Sergio, the manager of a software firm, has a new project for his team. He is preparing a set of targets and making decisions on
    15·1 answer
  • the return to schooling for society is higher than the return to schooling for the individual if a. the concept of diminishing r
    10·1 answer
  • On January 1, a company agrees to pay $20,000 in three years. If the annual interest rate is 10%, determine how much cash the co
    13·1 answer
  • Suppose that in 1994 the total output in a single-good economy was 10,000 buckets of chicken. Also suppose that in 1994 each buc
    15·1 answer
  • Groups that have a strong interest in the success and outcomes of a business, such as employees, neighbors, or government regula
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!