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3 years ago

Relevant information is information you can’t trust true or false

1 answer:

5 0

Relevant information is information you can’t trust-This statement is False because Relevant means that is something that makes sense or is important -So the statement holds False

Explanation:

Relevant information is the information that an individual require to perform a given task.

For example in order to write a program the person needs all the relevant information related to the program that is to written like the value of the variable,the format of the output required.

The term Relevant means "of Importance"

If a information required is very important then it can be obtained only through proper research work and hence it can be trusted

so we can say that-the statement that relevant information is information you can’t trust-is False

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Randy earns $250 per week plus 4 ½ percent commission on the dollar amount of all of his sales. to the nearest dollar, what must

puteri [66]

Step 1) Make the equation describing the situation:
y = 0.045 x + 250
Where x is the sales and y is his total earning.
if,
y = 500 (total earning)
then,
500 = 0.045 x + 250
500 - 250 = 0.045 x
250 = 0.045 x
x = 250/0.045
x = $5,555.55
The total value of his sales should be $5,555 to earn a total of $500.

8 0

4 years ago

the american dental assistants association (adaa) is: group of answer choices a tripartite organization. an organization formed

alexira [117]

American Dental assistants association (ADAA) is a tripartite organization formed by Juliette Southard.

The American Dental Assistants Association (ADAA) is a professional organization for dental assistants. It will be 97 years old in 2022. According to President Susan Camizzi, the organization's mission is to advance the careers of dental assistants and to advocate for the dental assisting profession in areas such as education, professional activities, credentialing, and legislation.

To advance the Association's ideals and growth in order to improve public access to and delivery of quality oral health care. Dental Assistants perform highly technical skilled work in the dental office under the supervision of dentists in a wide range of tasks ranging from patient care to administrative duties to laboratory functions.

Learn more about American Dental Assistants Association (ADAA) here:

brainly.com/question/13959834

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4 0

2 years ago

What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont

Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

Explanation:

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

$P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}$

$P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}$

The probability of losing would be:

P(loss) = 1 - P(win)

$P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}$

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

$= 9,999,999 X \frac{1}{15,890,700} + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37$

Thus, we expect to lose $0.37 per lottery ticket

7 0

3 years ago

In an imaginary economy, consumers buy only razors and cologne. The fixed basket consists of 6 razors and 4 bottles of cologne.

Hitman42 [59]

Answer:

The answers are:

The CPI for 2009 is 100 (since it is the base year)
The CPI for 2010 is 129.17
The inflation rate for 2010 is 29.17%

Explanation:

CPI basket for 2009

6 razors x $20 per razor = $120
4 bottles of cologne x $30 per bottle = $120

The total value of the CPI basket for 2009 is $240

CPI basket for 2010

6 razors x $25 per razor = $150
4 bottles of cologne x $40 per bottle = $160

The total value of the CPI basket for 2010 is $310

The CPI for 2009 is 100, since it is the base year
The CPI for 2010 = (CPI basket 2010 / CPI basket 2009) x 100 = ($310 / $240) x 100 = 129.17
The inflation rate for 2010 = [(CPI basket 2010 / CPI basket 2009) - 1] x 100 = (1.2917 - 1) x 100% = 29.17%

3 0

3 years ago

Westmoreland Company Following are selected data from Westmoreland Company's financial statements.

Akimi4 [234]

Answer:

Westmoreland Company

1. The company's times interest earned ratio for 2018

d. Increased, which indicates the company's lenders will be pleased.

2. The TRUE statement regarding valuation amounts on the balance sheet is:

3. A variety of assumptions are used in determining amounts reported on the balance sheet.

Explanation:

a) Data and Calculations:

Westmoreland Company

Selected financial statements data.

2018 2017

Current liabilities $230,000 $160,000

Long-term debt 120,000 320,000

Stockholders' equity 420,000 540,000

2018 2017

Cash payments for additions

to plant and equipment 45,000 32,000

Net cash flow from operating activities 80,000 51,000

Interest and principal payments 12,000 8,000

Net operating cash flows before

interest and taxes 68,000 43,000

Net income 90,000 72,000

Interest expense 8,500 11,500

Income taxes 16,000 14,500

EBIT $114,500 $98,000

Dividends paid 15,000 30,000

Time interest earned (TIE) for 2018 =EBIT/ Interest Expense

= $114,500/$8,500

13.47x

TIE for 2017 = $98,000/$11,500

= 8.52x

5 0

3 years ago