Bare with me here. I may be wrong but I hinkle it's true
Answer:
d. a Poisson probability distribution.
Explanation:
Based on the information provided within the question it can be said that the best description of the arrival pattern is provided by a Poisson probability distribution. This concept that tries to map out the probability that a given number of the same event occurred during a fixed interval of time. Which in this case would be the other arrivals during the set amount of time you are in the waiting line.
This doesn't seem to be a question, but rather, a statement.
Answer: A
Explanation: Tariffs are imposed on foreign goods that are bought into a country. There are several reasons for the imposition of tariff such as revenue generation for the government, prevention of dumping, and protecting local industries.
When tariffs and other trade restrictions are placed on a product, it increases the domestic prices of such products. This is a blessing to domestic producers selling similar products because there will be an increase in demand for domestic products
Answer:
C. What percentage of sales will likely be made on credit?
Explanation:
Accounts receivable are defined as the claims of payment that can be legally enforceable which is held by any business for the supply of goods or the services that are rendered that the customers have utilized or ordered but not paid for it. It is the balance of the money which is due to the organization for the goods or the services taken.
So when forecasting about the accounts receivable, one question we need to ask is -- "What percentage of sales will likely be made on credit?"
When the cash is received by the debtor, and the transaction is recorded, the accounts receivable are credited and the cash is debited.