Answer:
0.0042 is the probability of the stick's weight being 2.33 oz or greater.
Explanation:
We are given the following information in the question:
Mean, μ = 1.75 oz
Standard Deviation, σ = 0.22 oz
We are given that the distribution of drumsticks is a bell shaped distribution that is a normal distribution.
Formula:
P(stick's weight being 2.33 oz or greater)
P(x > 2.33)
Calculation the value from standard normal z table, we have,
0.0042 is the probability of the stick's weight being 2.33 oz or greater.
Answer:
0.75 wheat
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
the opportunity cost of producing cars, is the quantity of wheat that would have to be forgone to produce one car
18 / 24 = 0.75 wheat
Answer:
The correct answer is (d)Research and development costs are expensed when incurred, except when the research and development expenditures result in a successful patent.
Explanation:
Research and development costs must be recognized as an expense within the accounting period in which they are presented, since regardless of whether or not a patent was obtained, the organization incurred costs represented in the research and development process that was executed. When this process generates a patent, it is necessary to recognize said right in an asset, but at no time will it be equal to the expenses incurred in the investigation process, since the company hopes to commercialize that knowledge for its own benefit.
Answer:
d. $96,914
Explanation:
Parker Co. can execute money market hedge in following steps:
(1) Parker Co. pledges Receivable of SF200,000 to borrow SF190,476 with rate 5% in Switzerland; SF190,476 = SF200,000/ (1+5%)
so it has to pay interest expense of SF9,524 in 360 days. The receivable of SF200,000 is enough for both principal and interest in 360 days.
(2) Then it sells SF190,476 at spot rate $0.48 to get $91,428
(3) Then it deposits $91,428 in US with rate 6% to get back $96,914 in 360 days
; $96,914 = $91,428 * (1+6%)
