Which coverage is not included in a typical renter’s insurance policy?

2 Points

Serhud [2]

Answer:

The minimum wage

Explanation:

5 0

3 years ago

The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams) and a box of six

joja [24]

Answer:

A) ≈ 3.509 grams

B) The process is not capable because the lowest Cpk which is 1.89 ≈ 1.9 is far from the ideal 1.33 capability index number ( NO )

c) 1.051 ounces

Explanation:

A) The largest standard deviation ( in grams)

This can be calculated applying the capability index formula and according to the capability index formula the value at which a process is capable is at : 1.33

hence the largest standard deviation = upper limit - lower limit / 6 * 1.33

( 354 - 326 ) / 7.98 = 3.5087 ≈ 3.509 grams

B) we first calculate the process mean and std of the box

standard deviation = $\sqrt{variance }$

std of the six-bar box = $\sqrt{6*0.86^2}$ = 2.106

process mean = 6 * ( 1.03 * 28.33) = 175.079

the mean is not centered between the upper specification and the lower specification hence we will apply the formulae used in calculating the capability index for an uncentered process

Cpk = (upper value - process mean) / (3 * std of box),

= (187 - 175.079) / ( 3 * 2.106) = 11.921 / 6.318 = 1.89

Cpk = (process mean - lower value ) / (3*std of box)

= ( 175.079 - 153 ) / (3 * 2.106) = 22.079 / 6.318 = 3.49

The process is not capable because the lowest Cpk which is 1.89 ≈ 1.9 is far from the ideal 1.33 capability index number ( N0 )

c ) lowest setting

calculate the value of the mean using capability index of 1.33

Cpk = (upper value - mean ) / 3 * std

mean = 187 - 1.33 * 3 * 2.106

= 187 - 8.40 = 178.60 grams

Cpk = ( process mean - lower value ) / 3 * std

mean = 1.33 * 3 * 2.106 + 153

= 8.40 + 153 = 161.40 grams

the lowest setting in ounces

= 178.60 / ( 6 bar * 28 .33)

= 178.60 / 169.98 = 1.051 ounces

5 0

3 years ago

If your employer offers a retirement plan, don’t participate in it. Don’t bother to set target dates for achieving your financia

CaHeK987 [17]

Answer: Please refer to Explanation

Explanation:

If your employer offers a retirement plan, don’t participate in it. Yes.

Having a retirement plan with your employer especially one in which you are a 100% vested is a drain on your income. It might have benefits in future when you retire but if you want to engage in financial planning, you need to have access to every penny and that includes the money going to the retirement plan.

Don’t bother to set target dates for achieving your financial goals. No

Setting a target date for various amounts in your financial goals enables you to work towards them with more determination. It is important to set target dates.

Pay credit card balances in full each month. Yes

Paying your credit card balance in full every month helps you avoid interest accruing as well as increasing your credit score. It is therefore very important to pay off the balance in full every month which will be easier as long as you charge things to it that you can afford.

Start saving early in life and save throughout your life. Yes.

The more you save the more you have to invest. This is why you should start saving early if you want to engage in financial planning. You need to formulate the determination to save every time. And don't just save for saving's case, save to invest.

3 0

3 years ago

A rivalry based on the special interests of different areas is called _____

nalin [4]

<span>A rivalry based on the special interests of different areas is called sectionalism. Each rival has an region or section they possess and they are only interested in scenarios or situations concerning them. The rivalry comes from the fact that both parties may have opposite views on special interests or have had some sort of conflict in the past or present.</span>

4 0

3 years ago

A customer purchased a $2, 700 item at Appliance World, paying with a credit card. Appliance World is charged a 2% fee by the cr

dalvyx [7]

Answer:

B.

Explanation:

Credit card is one of the most common way of making payment while a customer purchases anything in the market. The credit card company charge an amount that is payable by the seller.Thus, it is an expense for the one selling the product.

Given:

Credit card fee: 2%

Sales = $2,700

Credit card charges can be calculated as:

Credit card charges = Sales*Credit card fee

Credit card charges = $2,700*2%

Credit card charges = $54

Now, credit card charge is an expense so it will be debited. The amount is yet to be received so accounts receivable will also be debited. The revenue has been earned so it will be credited.

Thus, the journal entry for the given transaction has been attached below:

4 0

3 years ago