Which of these careers requires several years of school beyond a four-year degree?

A supermarket manager notices that there are 20 customers at the checkouts and also knows that arrivals to the checkout at that

rusak2 [61]

Answer:

On an average customers are spending 10 minutes in the queue.

Explanation:

Please see attachment

4 0

3 years ago

During 2018, Raines Umbrella Corp. had sales of $763,000. Cost of goods sold, administrative and selling expenses, and depreciat

sleet_krkn [62]

Answer and Explanation:

The computation is shown below;

a. The net income or loss for the year 2018 is

Sales $763,000

Less: COGS $462,000

Less: A&S expenses $103,000

Less: Depreciation $148,500

EBIT $49,500

Less: Interest $73,800

Taxable income -$24,300

Less: Taxes(22%) $0

Net income(loss) -$24,300

Net loss = $24,300

b. The operating cash flow is

OCF = EBIT + Depreciation - Taxes

= $49,500 + $148,500 - $0

= $198,000

4 0

3 years ago

Walberg Associates, antique dealers, purchased the contents of an estate for 575,000. Terms of the purchase were FOBshipping poi

spin [16.1K]

Answer:$583,680

Explanation:

FOB shipping, means the goods are free to the buyer up to the shipping point at this point the risks and rewards of ownership has been transferred to the buyer . He takes care of transportation, insurance and other costs incurred from that point till the goods gets to it's warehouse.

In the above scenario the cost to be beared by Walberg associates includes cost of goods of $575,000 plus cost of transportation of $2400, plus insurance cost of $5300, and the refurbishing cost of $980 all total $583,680.

5 0

4 years ago

Many states are carefully considering steps that would help them collect sales taxes on items purchased through the internet. ho

Oxana [17]

The sample size needed to obtaing a 95% confidence interval that is within 8 percentage points of the true proportion is given by:

$n=\frac{p(1-p)z_{\alpha/2}}{B^2}$

where: p is a previously known proportion about the population, $z_{alpha/2}=1.96$ is the 95% z-statistics, B is the bound of error = 8.

Because, we have no prior knowledge about the true proportion of the population, we use 50%.

Thus,

$n=\frac{0.5(1-0.5)(1.96)^2}{(0.08)^2} \\ \\ = \frac{0.5(0.5)(3.8416)}{0.0064} = \frac{0.9604}{0.0064} \\ \\ =\lceil150.06\rceil=151$

Therefore, the number of randomly selected sales transactions that must be surveyed to determine the percentage that transpired over the internet within eight percentage points of the true population percentage for all sales transactions with a 95% confident is 151.

8 0

3 years ago

On July 1, 2022, Blossom Company sells equipment for $119000. The equipment originally cost $330000, had an estimated 5-year lif

DanielleElmas [232]

Answer:

Gain= $13,000

Explanation:

Giving the following information:

Selling price= $119,000.

The equipment originally cost $330000, had an estimated 5-year life, and an expected salvage value of $50000.

The Accumulated Depreciation account had a balance of $196000.

First, we need to calculate the accumulated depreciation on July 1, 2022.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (330,000 - 50,000)/5= $56,000

Depreciation for 2022= (56,000/12)*6= 28,000

Accumulated depreciation= 196,000 + 28,000= $224,000

The gain or loss is determined using the book value:

Book value= 330,000 - 224,000= 106,000

Gain/loss= selling price - book value

Gain/loss= 119,000 - 106,000

Gain= $13,000

8 0

3 years ago