Answer: 0.7973
Explanation:
Binomial probability formula :-
, where P(x) is the probability of getting success in x trials , p is the probability of success in one trial and n is the number of trials.
Given : The probability of getting a defect components :
If randomly select and test 26 components , then the probability that this whole shipment will be accepted will be :-
Hence, the probability that this whole shipment will be accepted = 0.7973
Answer:
8%
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $-300
Cash flow each year from year 1 to 4 = × $300 = $24
Cash flow in year 5 = $300 + 24 = $324
IRR = 8%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
$6,744.83
Explanation:
We calcualte the present value of a three years annuity discounted at 5.5% considering their cashflow are 2,500
C 2,500.00
time 3
rate 0.055
PV $6,744.8334
Answer:
330,000
Explanation:
Selling price per unit as per static budget
=$615,000÷$20,500
=$30 per units
Actual sales volume =11,000 units
Sales Revenue as per flexible budget = Actual sales volume × Budgeted selling price per unit
=11,000×30
=330,000
Therefore the flexible budget for sales revenues will be 330,000
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