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Gekata [30.6K]
3 years ago
15

Before a new phone system was installed, the amount a company spent on personal calls followed a normal distribution with an ave

rage of $ 600 per month and a standard deviation of $50 per month. Refer to such expenses as PCE's (personal call expenses). Using the distribution above, what is the probability that during a randomly selected month PCE's were between $475.00 and $690.00 ?

Business
2 answers:
d1i1m1o1n [39]3 years ago
7 0

Answer: 0.9579

Explanation:

See attached file

Zigmanuir [339]3 years ago
5 0

Answer:

The solution is attached in the picture below

Explanation:

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Answer:

Explanation:

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CF year 0 = -$14,200

CF year 1 = [($3,400 - $2,160) x 0.6] + $2,160 = $2,904

CF year 2 = [($3,400 - $3,456) x 0.6] + $3,456 = $3,422.40

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CF year 4 = [($3,400 - $1,244.16) x 0.6] + $1,244.16 = $2,537.66

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CF year 6 = [($3,400 - $622.08) x 0.6] + $622.08 + $1,200 + $2,200 = $5,688.83

 

WACC = 12%

a) the steamer should not be replaced, since the NPV is negative.

b) Using a financial calculator, NPV = -$14,200 + $13,298.29 = -$901.71

8 0
3 years ago
Why has climate change become a major issue for both business and government?
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The change in climate patterns affects the entire planet.

Although climate change is occurring at a relatively mild pace at the moment, one possible outcome in the future of increased environmental damage is more rapid climate change.

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Drive Action objective is effective in finding customers that are very close to making a purchase.

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The answer is marginal revenue (MR) curve above $22.

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