What is the high point in a story called?

1. Peter applied for a job at an accounting firm and a consulting firm. He knows that 50% of similarly qualified applicants rece

DENIUS [597]

Answer:

75%

Explanation:

Assume that:

X is the probability that the Peter, qualified accountant would receive offer from the accounting firm AND

Y is the probability that the Peter, qualified accountant would receive offer from the consulting firm.

Here,

P(X) is 50%, P(Y) is 40% and P(X∪Y) is 60%

Now we want to find P(X/Y) = ?

We also know that:

P(X/Y) = P(X∩Y) STEP1 / P(Y)

By putting values, we have:

P(X/Y) = 0.3 / 0.4 = 0.75 = 75%

Step 1: Find P(X∩Y)

P(X∪Y) = P(X) + P(Y) - P(X∩Y)

This implies that:

P(X∩Y) = P(X) + P(Y) - P(X∪Y)

By putting values we have:

P(X∩Y) = 0.5 + 0.4 - 0.6 = 0.3

5 0

3 years ago

All of the following statements concerning shortage are true, EXCEPT: Group of answer choices

mariarad [96]

Answer:

The correct answer is letter "C": shortage costs increase as total carrying costs increase.

Explanation:

A shortage takes place when the quantity demanded is higher than the supply at the current price. Typically, shortages occur because of an increase in demand, a decrease in supply or due to government policies. Shortage costs are those costs a firm is responsible for because the is no enough stock in its inventory. When shortage costs increase, the carrying costs do not necessarily increase.

6 0

3 years ago

CONSIDER a JOB THAT PAYS 100,000 PER YEAR. FEDERAL INCOME TAX IS 19% AND STATE INCOME TAX IS 7% WHAT IS THE ANNUAL TOTAL OF THE

FrozenT [24]

100000 X 19% = 19000

100000 X 7% = 7000

Total deduction: $26,000

$74,000 per year he will get after deduction

6 0

3 years ago

Households and firms with savings lend money to banks and other financial institutions. The credit supply curve shows the relati

rosijanka [135]

Answer:higher real interest rate discourages current consumption and higher real interest rate encourages more saving.

Explanation:The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period. In a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.

Our measure of credit demand is an indicator variable for a firm's need for bank loans decreasing during the period. We measure credit supply using information on whether a firm's loan application was rejected, or the firm received less than 75% of its desired amount.

Credit supply curve is a curve that plots the quantity of credit supplied at different real interest rates.

4 0

3 years ago

All of the following statements regarding accounting treatments for liabilities under U.S. GAAP and IFRS are true except:_______

mihalych1998 [28]

Answer:

A) Accounting for bonds and notes under US GAAP and IFRS is similar.

Explanation:

US GAAP and IFRS do not have the same accounting guideline for bond issue cost:

Under US GAAP, bonds payable is recorded at face value while premiums or discounts are recorded separately. While under IFRS, bonds payable is recorded using the carrying value, and amortization or premiums or discounts is done by using the effective-interest method.

5 0

3 years ago