Answer:
This is not necessarily evidence that the proportion of Americans who are afraid to fly has decreaseddecreased because belowbelow 0.10 because the proportion of sample, is nothing very close to 0.10.
Explanation:
n = 1100
p = 0.10
Using the formula np(1-p), we will have
= 1100(0.10)*(1 - 0.10)
= 1100*0.10*0.90
= 99
99 ≥ 10
This satisfies normal distribution condition. That is, proportion of sample are normally distributed.
Answer:
(A) Accounts Payable - Liabilities
(D) Equipment - Assets
(E) Supplies - Assets
(F) Retained earning - Owner's Equity
(H) Cash - Assets
Explanation:
The major categories in a balance sheets are: Assets, Liabilities and Owner's Equity,
Assets are many things (as equipment, machinery, Receivables, etc) that belongs to the company, please see details in the answer.
Liabilities represent the obligations of the company with all kind of creditors.
And finally Owner's Equity it's the Capital that support part of the Assets along with the Liabilites.
Price of share is $12.2. Future dividend is therefore expected to grown by 4.5%. To find the rate of return i.e. K, we will do the following steps:
= 0.36(1.045)/12 = 0.03135+4.5 = 4.53135
Therefore, rate of return is 4.53%.
Answer:
(a) $ 46.43
(b) $ 50.00
Explanation:
In 1 year the dividend is:
D1 = $2
In 2 years, the dividend is:
D2 = $4
(a)
Now,
⇒ 
($)
In 2 years, the price will be:
⇒ 
($)
Today's price will be:
⇒ 
($)
(b)
In 1 year, the price will be:
⇒ 
($)
