Answer:
0.2308 or 23.08%
Explanation:
Mean (μ) = $12.50
Standard deviation (σ) = $3.25
Assuming a normal distribution, for any given fare X, the z-score is calculated as:

For X = $15.00, the z-score is:

A z-score of 0.7692 corresponds to the 77.91-th percentile of a normal distribution. Therefore, the probability that a fare exceeds $15.00 is:

The probability that a specific fare will exceed $15.00 is 0.2308.
Answer:
I believe it's "a decrease in income if good X is an inferior good"
Explanation:
If the price is decreased people are more likely to buy it. If people have more money they are more likely to buy more thinks including good X. An increase in popularity with good X is sure to make more people want to buy it, so the second option is the only one that really makes sense.
Answer:
Results are below.
Explanation:
Giving the following information:
Each unit of output requires 0.06 direct labor-hours.
The direct labor rate is $8.00 per direct labor-hour.
The production budget calls for producing 5,300 units in June and 5,800 units in July.
<u>Direct labor budget June:</u>
Direct labor hours= 5,300*0.06= 318
Direct labor cost= 318*8= $2,544
<u>Direct labor budget July:</u>
Direct labor hours= 5,800*0.06= 348
Direct labor cost= 348*8= $2,784
trying to pull the safe open seems like a viable answer
Answer:
Diverstiture or Selling assets from another division to pay for Bryan Food
Explanation:
Divestiture
This is the process of disposing a company's business unit or assets through bankruptcy, closure, exchange or sale for different purposes.
Reasons for DIvestiture
1. To sell off redundant business units - business units that are not being used or not generating income but are incurring expenses can be sold off to get some gains.
2. To generate funds - Selling a business unit for cash is a source of income. This is the choice or last resort of Sara Lee to acquire Bryan Foods
3. To ensure business survival or stability- Can be an option to declaring complete bankruptcy or closing off business completely
4. To increase resale value- Selling individual unit assets of a business is more profitable than selling the organisation assets en-mass or as a whole piece
Sara Lee Corporation and Bryan Foods
Sara Lee already has a variety of industries, apparently from these variety there are those ones that after much consideration could be redundant units or a not generating as much income or profit as expected.
Because Bryan Foods represents 'a tremedous' opportunity, with the potential to make Sara Lee more successful, the last resort is to pick assets or business units in Sara Lee that may be redundant or potentially generate less than Bryan Foods will and sell them in order to acquire Bryan Foods.
This is the last resort for Sara Lee.