Answer:
$165,670
Explanation:
Cost of goods sold = Sales revenue (1 - Gross profit)
= $669,900 × (1 - 0.30)
= $669,900 × 0.70
= $468,930
Estimated ending inventory destroyed in fire:
= Beginning inventory + Purchase - cost of goods sold
= $160,600 + $474,000 - $468,930
= $165,670
As a result of Consumer Confidence Index rising, spending in the economy will increase and aggregate demand will rise.
Consumer Confidence Index (CCI) refers to how optimistic people are about their finances. When the CCI is high:
- People are more confident in their finances and the ability to make income in future
- People will spend more in the economy because they are more confident in their income
- Aggregate demand will rise as more people demand goods and services
If the CNN is correct in reporting that the CCI is rising, we can expect that spending in the economy will rise and so will aggregate demand.
In conclusion, spending in the economy will increase and aggregate demand will rise.
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Answer:
Part A. Compute the probability that operator of the hotel is busy.
The call arrives at Lynn Ann Hotel at the rate of 2/min.
Therefore, 2 min = 120 customers per hour
Thus, the call is serviced by the operator at a rate of 20 seconds per customer.
Therefore,
P = 180 customers per hour
Probability that the operator will be busy:
P = λ / µ
P= 120 / 180
P = 0.67
Therefore, the probability that the hotel operator is busy is 0.67 hours
Part B. Determine the average time customer must wait:
= λ / µ (µ - λ)
= 120 / 180(180 - 120)
= 120 / 180(60)
= 120 / 10,800
= 0.011
Thus, the average wait time for the customer is 0.011 hours
Part C. Determine the average number of call waiting:
= λ^2 / µ (µ - λ)
= 120^2 / 180 (180 - 120)
= 14,400 / 180 (60)
= 14,400 / 10,800
= 1.33
Thus, the average waiting call to be answered is 1.33 hours
First of all, an ordered list is another phrase for numbered list.
In Microsoft PowerPoint, there are two ways to organize a list: using the Bullets option to create a bulleted list, where the order of items does not matter or using the Numbering option to create a numbered list, <u>where the order of items matter</u>.
Thus, to create an ordered list in Microsoft PowerPoint, you should use the Numbering option.
<span>what is the price-earnings ratio</span> is 17.1