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ikadub [295]
3 years ago
5

Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical method for computing probabil

ity is used, the probability that the next customer will purchase a computer is
a.0.25
b.0.50
c.1.00
d.0.75
Business
1 answer:
nlexa [21]3 years ago
3 0

Answer:

correct option is b.0.50

Explanation:

given data

computer shop = 100 customers

purchased computer = 25

solution

we know that past data does not affect the probability of next outcome

so when they buying computer or net

so here

probability of customer buy computer is = \frac{1}{2}  = 0.5

and

probability of customer not buy computer is = \frac{1}{2}  = 0.5

so here chance of buying as they buying or not buying is 50 %

so correct option is b.0.50

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On January 1, 2020, Headland Company issued 10-year, $1,840,000 face value, 6% bonds, at par. Each $1,000 bond is convertible in
Anna11 [10]

Answer:

a. $3.64

b. $3.56

Explanation:

Basic Earning per Share = Earnings Attributable to Holders of Common Stocks / Weighted Average Number of Common Shares

Earnings Attributable to Holders of Common Stocks Calculation :

Net income                                                                           $473,800

Less Interest on bonds after tax ($1,840,000×6%×80%)   ($88,320)

Earnings Attributable to Holders of Common Stocks       $385,480

Weighted Average Number of Common Shares Calculation:

Common Shares                                                                    103,000

Weighted Average Number of Common Shares                103,000

Basic Earning per Share = $385,480/103,000

                                          = $3.74

Diluted  Earning per Share = Adjusted Earnings Attributable to Holders of Common Stocks / Adjusted Weighted Average Number of Common Shares

Adjusted Earnings Attributable to Holders of Common Stocks Calculation:

Earnings Attributable to Holders of Common Stocks             $385,480

Add Back Interest on bonds after tax ($1,840,000×6%×80%) $88,320

Earnings Attributable to Holders of Common Stocks             $473,800

Adjusted Weighted Average Number of Common Shares Calculation:

Weighted Average Number of Common Shares                       103,000

Add Convertible Bonds (1840,000/1000×16)                               26,440

Adjusted Weighted Average Number of Common Shares       129,880

Diluted  Earning per Share = $473,800/ 129,880

                                              = $3.64

6 0
4 years ago
Fatima is struggling in her job and is experiencing increased dissatisfaction. She related to you that her manager has been unfa
oee [108]

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is a psychological notion when an individual experiences thoughts and emotions that are not consistent (no matter the environment). In this example, it was expected from Fatima to quit her job (since she hated the manager). In spite of that, she continued to work. That caused the cognitive dissonance in her behavior, as she changed her attitude.

6 0
4 years ago
A firm just paid its annual dividend of $1.80 and expects to increase that dividend each year. The discount rate is 11 percent.
Digiron [165]

Answer:

d. Po = $1.80/(0.11 -0.025); The value of D1, is incorrect as $1.80 equals Do.

Explanation:

Calculation to correctly identifies which one of these is an error when computing the current value of this firm's stock

P0 = $1.80/(0.11 - 0.025)

P0 = $1.80/0.085

P0=$9.76

Therefore Based on the information given Po = $1.80/(0.11 -0.025); because The value of D1, is INCORRECT as $1.80 equals Do.

8 0
3 years ago
Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $1
Grace [21]

Answer:

1. Break even points in units will be =  2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

Explanation:

Break even point = \frac{Fixed Cost}{Contribution per unit}

Fixed Cost = $8,100

Contribution per unit = Sale Price - Variable Cost = $21 - $18 = $3

1. Break even points in units will be

= \frac{8,100}{3} = 2,700 units.

2. Break-even point in dollar sales

= Break even point in units X Sale price per unit

= 2,700 units X $21 = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales

= \frac{8,100 + 600}{3} = 2,900 units

Final Answer

1. Break even points in units will be =  2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

3 0
4 years ago
Suppose the government has imposed a price ceiling on sale of laptop computers. Which of the following events could transform th
lozanna [386]

Answer:

The number of firms selling laptop computers decreases

Explanation:

Price ceiling is the legal maximum price for a good or service. It is a government imposed price control mechanism put in place to limit how high the price for a product, services or commodities can be.

Government out this in place so as to protect the consumers by ensuring commodities prices don not become expensively high or conditions that might warrant commodities to be expensive.

In the instance above, since the government have placed a price ceiling on sales of laptop computers, the factor/event that would make the market change from price ceiling that is not binding to one that is binding is if the number of firms selling laptop decreases, this would result that the price ceiling not initially having effect on the market price to do have effects on the market prices as the required price set for the sales of laptop will be at price below equilibrium and bind on the remaining number of sellers of laptops in the market. It will mean that the remaining firms selling laptop will not be able to satisfy the market and demand for laptop because the price has been artificially set low by the government.

5 0
4 years ago
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