Answer:
880 blue ink pens
Explanation:
The computation of the inventory position is shown below:
= Current stock counted in the closet + already placed orders with the supplier
where,
Current stock counted in the closet is 220 blue ink pens
And, the already placed orders with the supplier is 600 blue ink pens
Now placing these values to the above formula
So, the inventory position is
= 220 blue ink pens + 600 blue ink pens
= 880 blue ink pens
Answer:
A. The number of houses that an individual owns
Explanation:
The use of normal distribution in option A would produce an error. That is the number of houses individuals own.
We know that people can own 1 house or more than 1 house or no house at all. But a person can never be said to have less than 0 houses.
Option a is going to be skewed positively. Using Normal distribution would give us an error.
Answer: Current Price $26.65
Explanation:
Rate of return = 12.5%
dividends = $1.98
Expected Price (in a year from now) Pe= $28
Current price = Pc
R = (Pe - Pc + D)/Pa
0.1250 = (28 - Pc + 1.98)/Pc
28 - Pc + 1.98 = 0.1250Pc
-Pc - 0.1250Pc = - 28 - 1.98
- 1.125Pc = -29.98
Pc = -29.98/(-1.1250Pc) = 26.64888889
Pc = $ 26.65
Answer:
D) Both the landowner and the attorney.
Explanation:
The bank will succeed in obtaining a judgement against both the former landowner and the attorney. The bank can sue either of them or both of them, but it can only collect the $5,000 once.
- When the attorney assumed the mortgage, he expressly promised to pay it. The lender becomes a third party beneficiary of the attorney's promise to pay and can sue him if the mortgage isn't paid.
- The former landowner became secondarily liable to the lender in case the attorney didn't pay.
