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Anvisha [2.4K]
3 years ago
11

In an initial survey designed to estimate the percentage of time air-express cargo loaders are idle, an analyst found that loade

rs were idle in 6 of the 45 observations.
a.What is the estimated percentage of idle time?
Business
1 answer:
oksian1 [2.3K]3 years ago
3 0

Answer:

13.3%

Explanation:

The time in which the employee are free or not working due to halt in operation or a process. The employee are ready for work in this time and waiting for operation to start.

According to the given data

Total observations = 45 observations

Number of observation that found loader idle = 6 observations

Percentage of idle time is the ratio of number of times labor found idle to total numbers of observations.

Estimated percentage of idle time = (6 / 45) x 100

Estimated percentage of idle time = 13.3%

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2 years ago
Global Technology’s capital structure is as follows: Debt 50 % Preferred stock 35 Common equity 15 The aftertax cost of debt is
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Answer:

The computation is shown below:

Explanation:

The computation is shown below:

For weighted cost of each source of capital is

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8 0
3 years ago
If the contribution margin is not sufficient to cover fixed expenses:.
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2 years ago
Suppose that over the last twenty-five years a country's nominal GDP grew to three times its former size. In the meantime, popul
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Answer:

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3 years ago
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