Answer:
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- <u><em>4.75% of the candidates takes more than two hours to learn the computer system.</em></u>
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Explanation:
The relevant information to solve the problem is:
- 1. <em>The time it takes to learn follows a Normal distribution </em>
- 2.<em> The mean is 90 minutes</em>
- 3. T<em>he standard deviation is 18 minutes</em>
- 4. <em>The question is What proportion of candidates takes more than two hours to learn the computer system?</em>
Then, you shall calculate the Z-score and use a standard distribution table to look up the Z-score and the corresponding probability.
Repeating myself from a recent answer, "there are two types of standard distribution tables: tables that show values that represent the AREA to the LEFT of the Z-score, and tables that show values that represent the AREA to the RIGHT of the Z-score".
<u>1. First, calculate the Z-score:</u>
<u>2. Use the table that represents the area to the right of the mean to find the ratio of typists that have a Z-score greater than 1.67.</u>
Therefore, 4.75% of the candidates takes more than two hours to learn the computer system.
Answer:
d. sinking fund.
Explanation:
A bond refers to a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.
Generally, the bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.
A sinking fund is a provision of a bond indenture which is designed to ease the burden of principal repayment by spreading it out over several years.
<em>Hence, a sinking fund is generally viewed or assumed to protect the bondholders such as creditors or investors because the fund set aside would serve as a collateral incase the bond issuer can't pay in the future. </em>
Answer:
Net cash increase is $45000.
Explanation:
Net cash flow from (OA) operating activity = $5000
Net cash flow from (I) investing = $10000
Net cash flow from (F) financing activity = $50000
Net cash increase = Operating activity cash flow + Financing activity cash flow - Net cash flow from investing
Net cash increase = 5000 + 50000 – 10000
Net cash increase = 45000
Suppose an unlevered firm issues $1000 in debt at a cost of debt of 10%. If the corporate tax rate is 20%, $200 t is the change in the firm's value.
Due to the issue of the corporate tax rate is entitled to Interest Tax Shield assuming Debt issued by the firm is perpetual and ignoring financial distress costs
Change in Value of firm
=Net Effect of Debt Financing
=Present Value of Interest Tax Shield (financial distress costs ignored)
= DebtValue * Cost of Debt * Tax Rate Interest Rate
= $1,000 * 10% * 20% 10%
=$200,
corporate tax rate, also known as corporate income tax or corporate tax, is a direct tax levied on the income or capital of a corporation or similar corporation. Many countries impose such taxes at the national level, and similar taxes may be levied at the state or local level.
Learn more about tax rate here: brainly.com/question/25791968
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Answer:
AP North Company
Income statement for the year ended December 31, 2020
Amount in $'000
Sales 2,250
Cost of goods sold <u> 1,250</u>
Gross profit 1,000
Operating expenses
Selling and administrative expenses (300)
Non- Operating or others
Interest expense <u> (10) </u>
Net Income/(loss) before income taxes 690
Income taxes <u> (200)</u>
Net Income/(loss) after income taxes <u> 490 </u>
Explanation:
A multi-step income statement is one in which the elements of incomes and expenses are grouped into operating and non-operating heads.
Operating income and expenses are those that are directly related to the ordinary activities of the entity.