Answer: 
Explanation:
If r is the number of successes out of n trials , then the sample proportion of success = 
For binomial experiment , if the population probability of success p on a single trial is not given , then the best point estimate for probability of success p on a single trial is the sample proportion of successes.
i.e. a point estimate for the probability of success p on a single trial :

Hence, a point estimate for the probability of success p on a single trial = 
Answer:
Effect on income= $10,290 increase
Explanation:
Giving the following information:
Falcon can handle the special order, and for this order, a variable selling cost of <u>$2 per unit would be eliminated.</u>
<u>Because it is a special order that would not affect current sales, we won't take into consideration the fixed costs.</u>
<u></u>
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= Number of units sold*unitary contribution margin
Effect on income= 1,470*(21 - 14)
Effect on income= $10,290 increase
Answer:
$1,081,434
Explanation:
<em>At indifference point, the present value of cash outflow equals present value of cash inflow.</em>
Present value of cash inflow = Annual cash inflow * PV annuity factor (12%, 5 years)
Present value of cash inflow = $300,000*3.60478
Present value of cash inflow = $1,081,434
So, the amount at which the firm would be indifferent between accepting or rejecting the investment is $1,081,434.
Answer:
Current price of the share common stock will be $30
So option (c) will be correct answer
Explanation:
We have given expected dividend 
Required rate of return = 15 % = 0.15
Tax rate = 30 %
Growth rate = 5 %
Beta = 2
We have to find the price of the share
Price of the share is given by 
So current price of the share stock will be equal to $30
So option (C) will be correct answer
Answer:
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