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mariarad [96]
3 years ago
12

On Mr. Casper’s debate team at Thunderbird High School, 20% of the members are Sophomores, 35% are Juniors and 45% are Seniors.

A team member is selected randomly to give the closing argument for the team. If a sophomore gives the closing argument, the team has a probability of 0.25 of winning the debate. If a junior gives the closing argument, the probability of winning is 0.6. If a senior closes, the probability of winning is 0.85.
Business
1 answer:
balandron [24]3 years ago
4 0

Answer:

here is a 63.25% for winning the debate given the student distribution and the chance of success  of each type of student.

Explanation:

As the student will be picked at random we can determiante the expected value by doing a weighted average:

\left[\begin{array}{cccc}$Student&$Return&$Probability&$Weight\\$Sophomore&0.2&0.2&0.04\\$Junior&0.6&0.35&0.21\\$Senior&0.85&0.45&0.3825\\Total&&1&0.6325\\\end{array}\right]

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In a mixed economy a. all economies choose the same mix of private and public involvement in the economy. b. the government is m
I am Lyosha [343]

Answer:

The correct answer is letter "C": there is some government influence over the workings of the free market.

Explanation:

A mixed economic system combines aspects of capitalism and socialism. A mixed economy is designed to drive economic activity through capitalists ventures while money is collected via taxation to maintain a nation's infrastructure and offer public services such as primary education, social welfare policies, and health insurance. It is said mixed economies have a free market but the government puts hands on it to provoke the free-market atmosphere.

5 0
4 years ago
Assume that on January 1, 2019, after paying interest, Colaw Company calls bonds having a face value of $1,200,000. The call pri
ValentinkaMS [17]

Answer:

Journal entry

Explanation:

This question is incomplete

Kindly find the information related to the question

The following is taken from the Colaw Company balance sheet. line premisam amortization, COLAW COMPANY Balance Sheet (partial) December 31, 2017 and redemption of bonds LO 5) Current liabilities Interest payable (for 12 months from January 1 to December 31) 210,000 Long-term liabilities Bonds payable, 7% due January 1, 2028 Add: Premium on bonds payable $3,000,000 200,000 3,200,000 682 15 Long-Term Liabilities Interest is payable annually on January 1. The bonds are callable on any annual interest date. Colaw uses straight-line amortization for any bond premium or discount. From December 31, 2017, the bonds will be outstanding for an additional 10 years (120 months).

The journal entry is as follows

Bond payable $1,200,000

Premium on bond payable $72,000

              To Cash $1,212,000     ($1,200,000 × 101%)

               To Gain on redemption of bonds $60,000

(Being the redemption of the bond is recorded)

The premium on bond payable is

= ($200,000 - $20,000) × $1,200,000 ÷ $3,000,000

= $72,000

The $20,000 is come from

= $200,000 ÷ 10 years

= $20,000

4 0
4 years ago
26) A tenant wants to lease a building for $50,000 per year. She signs a five-year rental agreement that states that she will pa
Ilia_Sergeevich [38]

Answer:

Please check the attached image for time line

Explanation:

A time orders series of event in a chronological order.

Because the tenant is paying money, it is cash outflow and thus would have a negative sign in front of it.

I hope my answer helps you

6 0
4 years ago
Provide some examples of items that would be adjusted directly against equity, rather than being included as part of profit or l
Hunter-Best [27]

Answer:

1.Common Stocks Issues and Repurchases

2.Preference Stocks Issues and Repurchases

3.Dividends Declared

Explanation:

Common Stocks Issues and Repurchases

Common Stockholders have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Preference Stocks Issues and Repurchases

Preference Stockholders do not have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Dividends Declared

Dividends Paid are not included in Profit and Loss but in Statement of Changes in Equity.

Payment of Dividends adjusts the Retained Earnings Amount in Statement of Changes in Equity.

5 0
3 years ago
Joe​ Henry's machine shop uses 2 comma 480 brackets during the course of a year. These brackets are purchased from a supplier 90
LuckyWell [14K]

Answer:

The EOQ is 242 units

Explanation:

Economic Order Quantity: The Economic order quantity is that quantity which is to be produced by minimizing the ordering cost and the carrying cost

The computation of the economic order quantity is calculated by applying the formula which is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost per order}}{\text{Holding cost per bracket}}}

= \sqrt{\frac{2\times \text{2,480}\times \text{\$18.25}}{\text{\$1.55}}}

= $242 units

The Economic order quantity should always be expressed in units.

The other items which are mentioned are irrelevant. Hence, ignored.

3 0
3 years ago
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