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yuradex [85]
3 years ago
6

A survey of top executives revealed that 35% of them regularly read time magazine, 20% read newsweek, and 40% read u.s. news &am

p; world report. a total of 10% read both time and u.s. news & world report. what is the probability that a particular top executive reads either time or u.s. news & world report regularly?
Business
1 answer:
ioda3 years ago
7 0

Answer: The probability that  a particular top executive reads either time or US news and world report regularly is 0.65

Explanation: Let's say TM represents Time Magazine, NS represents Newsweek, and UW represents U.S news & World report.

Probability of TM readers (P.TM) = 0.35

Probability of UW readers (P.UW) = 0.40

Probability of both TM and UW readers (P.TM ∩ P.UW) = 0.10

Probability of both TM or UW readers (P.TM ∪ P.UW) = ?

Given the probability equation of:

(P.TM ∪ P.UW) = (P.TM) + (P.UW) - (P.TM ∩ P.UW)

= 0.35 + 0.40 - 0.10

= 0.65

Therefore the probability that  a particular top executive reads either time or US news and world report regularly is 0.65

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A.) CASH BOOK

Explanation:

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3 years ago
1. Of the 4 strategic approaches to international markets, which one(s) might be the best for a manufacturing company? a financi
viktelen [127]

Answer:

1a. For manufacturing company– Buying a local manufacturing company

b. For a financial services company– Partnership

c. A company like Coke or Pepsi– Greenfield Investments

Explanation:

1a. Buying a local company saves valuable resources for the foreign manufacturing, and it allows for quick market knowledge since this company has already been in operations for a long time.

b. A partnership would be best for a financial services company, this would involve a smooth transition into new markets without having to spend much on physical structures as the domestic company is already having necessary infrastructures in place.

c. Coke and Pepsi would preferably choose to use the Greenfield investment strategy by building a new plant from the ground up because of its established quality standards as well as trade mark and intellectual property protection.

2. A technology-centric firm would benefit most by buying a Company because of the already available market share as well as benefiting from reduced government regulations.

3. If one is operating a start-up or smaller firm of course cost would be a major consideration, therefore selling out License to foreign companies may be effective. This would transfer the rights to use a product or service in a different market geography.

4. It provides a good foresight into the requirements needed to enter foreign markets.

6 0
3 years ago
Which process is used to produce very high volume products where little product variety is​ required? A. job shop B. batch produ
lesya692 [45]

Answer:

D. mass assembly

Explanation:

Mass assembly is a process used to produce very high volume products where little product variety is​ required.

This ultimately implies that, mass assembly is a manufacturing technique used by various industries or companies to produce standardized products (goods) in large quantities through the use of automated machineries or assembly lines from start to finish.

Hence, mass assembly avails business owners the ability or opportunity to manufacture their products in large quantities so as to enable them meet the needs or requirements of their customers for a long period of time.

8 0
2 years ago
At January 1, 2016, Deer Corp. has beginning inventory of 2,000 surfboards. Deer estimates it will sell 10,000 units during the
BlackZzzverrR [31]

Answer:

Sales revenue= $1,881,600

Explanation:

Giving the following information:

Deer estimates it will sell 10,000 units during the first quarter of 2016 with a 12% increase in sales each quarter. Each surfboard costs $100 and is sold for $150.

Sales:

First quarter= 10,000

Second quarter= 10,000*1.12= 11,200

Third quarter= 11,200*1.12= 12,544

Sales revenue= 12,544*150= $1,881,600

7 0
3 years ago
BuyCo, Inc., holds 25 percent of the outstanding shares of Marqueen Company and appropriately applies the equity method of accou
Oxana [17]

Answer:

$12,000

Explanation:

Calculation for What Equity in Investee Income should BuyCo report for 2020

Equity income accrual $25,000

($100,000 × 25%)

Less: deferral of intra-entity unrealized gross profit ($3,000)

Less: Patent amortization ($10,000)

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Calculation for Intra-entity unrealized gross profit

Profit within remaining inventory $12,000

× Ownership percentage 25%

Intra-entity unrealized gross profit 3,000

($12,000*25%)

Therefore Equity in Investee Income should BuyCo report for 2020 is $12,000

3 0
3 years ago
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