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erastova [34]
4 years ago
9

A certain delivery service offers both express and standard delivery. Seventy-five percent of parcels are sent by standard deliv

ery, and 25% are sent by express. Of those sent standard, 80% arrive the next day, and of those sent express, 95% arrive the next day. A record of a parcel delivery is chosen at random from the company's files.
Business
1 answer:
Elena L [17]4 years ago
7 0

Answer:

Probability, P(n) = 3/8

Explanation:  Let standard delivery be S and express delivery be E.

I) When the parcels were sent:

S(n) = 75/100 and E(n) = 25/100

II) When the parcels arrived:

S(n)← = 80/100 and E(n)← = 95/100

The probability a record of a parcel delivery is chosen, P(n) = S(n)*E(n) + E(n)*S(n) = 75/100*25/100 + 25/100*75/100

P(n) = 3/16 + 3/16 = 6/16

∴ P(n) = 3/8

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If policymakers are concerned about the unequal distribution of income within society, then they should prefer a ________ tax sy
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Answer:

Progressive income

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

There are three (3) types of taxation used by the government, these are;

1. Progressive taxation: it involves charging individuals having higher incomes a higher percentage of their total income.

For instance, John pays 30% on $70,000 and Joyce pays 10% on $45.000.

2. Proportional taxation: it involves charging both lower and higher income earners equally in proportion to their income.

For instance, John pays 20% on $50,000 and Joyce pays 20% on $36,000.

3. Regressive taxation: it involves charging individuals with low incomes a higher percentage of their total income and vice-versa.

For instance, John pays 15% on $60,000 and Joyce pays 20% on $36,000.

Hence, if policymakers are concerned about the unequal distribution of income among employees or workers within their society, then they should prefer a progressive income tax system.

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3 years ago
All of the following are considered active job search methods EXCEPT _____. a. sending out resumes b. attending job training pro
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B. attending job training programs is the correct answer.

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Answer: $30,400

Explanation:

Accounts with credit balances are revenue, liabilities and stock or equity.

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After all, adjustments have been made, but before the accounts have been closed, the following balances were taken from the ledg
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Answer:

Dr Service Revenue 186,000

Cr Income Summary 186,000

Dr Income Summary $92,600

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Cr Salary Expense 41,390

Cr Depreciation Expense 13,500

Cr Supplies Expense 2,500

Cr Insurance Expense 2,510

Dr Income Summary $93,400

Cr Ramona Cross, Capital $93,400

Dr Ramona Cross, Capital 48,000

Cr Ramona Cross, Drawing 48,000

Explanation:

Preparation of the journal entries to close the appropriate accounts for the month

Dr Service Revenue 186,000

Cr Income Summary 186,000

(Being to close off revenue account)

Dr Income Summary $92,600

(32,700+41,390+13,500+2,500+2,510)

Cr Rent Expense 32,700

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Cr Depreciation Expense 13,500

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Dr Income Summary $93,400

(186,000-$92,600)

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Dr Ramona Cross, Capital 48,000

Cr Ramona Cross, Drawing 48,000

(Being to close off drawing account)

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