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
sergeinik [125]
3 years ago
12

Peter pine is doing his budget. he discovers that he has spent an average of $225.00 a month on entertainment for the year with

a standard deviation of $75.00. what percent of his monthly expenses for this category would he expect to fall between $60.00 and $390.00
Business
1 answer:
Olin [163]3 years ago
6 0

The z for $60.00 = -2.2

The percent of area associated with $60.00 = 48.6%

The z for $390.00 = 2.2

The percent of area associated with $390.00 = 48.6%

Adding the two percentages together, Peter calculates his answer to be: 97.2%

You might be interested in
What role do entrepreneurs plays in the u.s economy?
shepuryov [24]
1st lets define <span>entrepreneurs - starting his or her own bussiness offering a product, So I'd guess the role they play is the they start new bussiness, create jobs for people in need and they also bring something new to economy. 
    

 I hope I helped you </span>
4 0
3 years ago
Stadford Inc. is financed with 40 percent debt and 60 percent equity. This mixture of debt and equity is referred to as the firm
lesya692 [45]

Answer: Capital structure                            

Explanation: In simple words, capital structure refers to the proportion of different securities that an organisation uses as a combination to fund its operations. In other words, the amount of debt and equity in total capital in hand of the business is termed as capital structure.

Capital structure is of high importance to the investors as it directly impacts the liquidity and profitability of the organisation.

The ability of a company to bear its short term obligation is called liquidity and the ability to generate profit with given amount of resources is called profitability.

8 0
3 years ago
our Grandfather wants to establish a scholarship in his father’s name at a local university and had stipulated that you will adm
inn [45]

Answer:

The correct answer is Option A. you will need to deposit $111,111 so that you can fund the scholarship forever, assuming that the account will earn 4.50% per annum every year.

Explanation:

Perpetuity is the cash flows to be receivable for an unspecified period of time. The present value of a perpetuity is calculated as the cash flows divided by the interest rate provided.  

Given data;

Amount needed to be deposited = $5000

Interest rate = 4.50%

Present Value of Perpetuity = Cash Flows ÷ Interest rate  

= $5000 ÷ 0.045

= $111,111

3 0
3 years ago
A company reports the following information for the year: Net credit sales $ 120,000 Average accounts receivable 20,000 Cash col
Alborosie

Answer:

receivable turnover ration = 6

Explanation:

credit sales = 120000

Credit sales =As we know that: Receivables turnover ration = Net credit sales /Average account receivable.

                                 =    120000/ 20000

                                 = 6.

it indicates that company convert its receivable to cash 6 times that year.

7 0
3 years ago
Ron just started working for a car wash company two weeks ago. Ron's team members come back from breaks late, and do not worry t
s344n2d4d5 [400]

Answer:

I would say B would be the best answer.

Explanation:

You shouldn't try to push it onto yourself to fix, the owner/manager to fix the problem!

3 0
3 years ago
Other questions:
  • Ash company reported sales of $410,000 for year 1, $460,000 for year 2, and $510,000 for year 3. using year 1 as the base year,
    14·1 answer
  • Mergers of separate local governments in an effort to reduce bureaucratic redundancy and service inefficiencies are known as ___
    11·1 answer
  • The following information is available for the pension plan of Swifty Company for the year 2020.
    8·1 answer
  • A business manager finds that the building expense each month is completely uncorrelated with revenue levels. What should the bu
    7·1 answer
  • TRUE OR FALSE
    5·1 answer
  • Ngày 1/9/N, doanh nghiệp mua một lô hàng X, giá mua trên hóa đơn: 50.000. Giá cước vận chuyển lô hàng này về kho: 6.000; chi phí
    5·1 answer
  • PLEASE HELP !!!!!!!!
    14·1 answer
  • Latasha is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence:
    14·1 answer
  • the ceo of what company stepped down this week, after having co-founded the business and led it from 2006-2008 and from 2015-202
    11·1 answer
  • A net exports deficit will become a surplus if?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!