Answer:
A) is used to determine minimum legal capital balances at issuance
Explanation:
The par value of stock represents the minimum amount that must be paid per share. Par value is also referred as the Face Value or Nominal Value of common stock. The Par Value of common stock is derived by Par value per share * No. of Issued Shares.
The probability that the company will not lose money next quarter using both addition and complement rules is 0.8.
<h3>Calculation of a Probability Using Addition and Complement Rules</h3>
Let:
P(E) = The probability that the company will earn a profit next quarter = 50%, or 0.50
P(B) = The probability that the company will break even next quarter = 30%, or 0.30
P(L) = The probability the company will lose money next quarter = 20%, or 0.20
P(NL) = The probability the company will not lose money next quarter = ?
Therefore, we have:
a. The probability the company will not lose money next quarter using addition rule can be calculated as follows:
P(NL) = P(E) + P(B) = 0.5 + 0.3 = 0.8
b. The probability the company will not lose money next quarter using complement rule can be calculated as follows:
P(NL) = 1 – P(L) = 1 – 0.2 = 0.8
Learn more about the complement rule here: brainly.com/question/13655344.
Answer:
Contribution margin per hour= $360
Explanation:
Giving the following information:
Bread Machines:
Sales price= $140
Variable costs= $50
Contribution margin per unit= $90
Kitchen Convenience can manufacture four bread machines per machine hour.
<u>To calculate the total contribution margin per hour, we need to multiply the number of bread machines produced in an hour for the unitary contribution margin.</u>
Contribution margin per hour= $90*4 units= $360
Answer:
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The answer to this question is Critical thinking.
Critical thinking is also known as critical analysis which means analyzing data, facts, and evidences to make a judgement. This also means evaluation, conceptualizing, and analyzing ideas and facts to create an answer or judgement. Some of the skills related to critical thinking are problem solving skills, reasoning skills, objectivity, and interpretation.
