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Sliva [168]
3 years ago
5

Students who live on campus and purchase a meal plan are randomly assigned to one of three dining halls: the Commons, Northeast,

and Frazier. What is the probability that the next student to purchase a meal plan will be assigned to the Commons?a. 0.33
b. 0.5
c. 0.66
d. 0.25
Business
2 answers:
slavikrds [6]3 years ago
8 0

Answer:

a. 0.33

Explanation:

Probability is the ratio of possible outcome to the total outcome. Given that there are 3 meals a student can choose from.

This means that the total outcome is 3. If each student is assigned to one, the number of possible outcome then is 1.

Hence the probability that the next student to purchase a meal plan will be assigned to the Commons

= 1/3

=0.33

Brut [27]3 years ago
5 0

Answer:

What is the probability that the next student to purchase a meal plan will be assigned to the Commons?a. 0.33

Explanation:

P(A) = (No. of ways A can occur)/(Total no. of possible outcomes)

P=1/3

P=0,333

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Baxter Company's merchandise inventory at the start of 2014 was $85,000. The company purchased inventory during 2014 in the amou
11Alexandr11 [23.1K]

Answer:

$306,000

Explanation:

The formula and the computation of the cost of good sold is shown below:

Cost of goods sold = Opening balance of merchandise inventory + Purchase made  - ending balance of merchandise inventory

= $85,000 + $323,000 - $102,000

= $306,000

Basically we have applied the above formula to find out the cost of goods sold

7 0
3 years ago
Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How mu
Stels [109]

Answer:

$8000 (increased)      

Explanation:

Given:

Current sales = $600,000

Variable cost = 80% of Sales = $600,000 x 80% = $480,000

Fixed cost = $130,000

Computation of current Operating Income :

= Current sales - Variable cost - Fixed cost

= $600,000 - $480,000 - $130,000

Net Income = -$10,000

Computation of Operating Income(After new sales) :

= New sales - New Variable cost - Fixed cost

= ($600,000 + $40,000) - 80% of ($600,000 + $40,000) - $130,000

= $640,000 - $512,000 - $130,000

Net income after new sales = - $2,000

Change in income = Net income after new sales - Net Income before new sales

= -$2,000 - (-$10,000)

= $8000 (increase)      

5 0
3 years ago
In an effort to help prevent children from accidentally ingesting pharmaceuticals, the government passed a regulation requiring
hodyreva [135]

Answer:

D. Good intentions do not always lead to desirable outcomes.

Explanation:

Here in the question, it is evident that in order to protect the children from poisoning themselves, the government took a good step by passing a regulation to put child-resistance safety caps on the pill bottles.

But it is also evident that this regulation back fired and caused more casualties than before due to the non serious behavior of the general public.

Hence it can be concluded that the government put a good intention but it did not lead to the desired outcome for the government.

Hope I made myself clear buddy.

Good Luck.

4 0
3 years ago
Kuyu Company uses the periodic inventory system. Kuyu started the period with $12,000 in inventory. The Company purchased an add
a_sh-v [17]

Answer:

$29,500

Explanation:

Given that,

Beginning inventory = $12,000

Ending inventory = $6,000

Purchases = $25,000

Purchase return = $1,500

Kuyu’s cost of goods sold during the period:

= Beginning inventory + Net purchases - Ending inventory

= Beginning inventory + (Purchases - Purchase return) - Ending inventory

= $12,000 + ($25,000 - $1,500) - $6,000

= $12,000 + 23,500 - $6,000

= $29,500

5 0
3 years ago
An agenda is needed to conduct a purposeful meeting.
Rom4ik [11]
What do you need answered here?
8 0
2 years ago
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