Ireland Corporation obtained a $40,000 note receivable from a customer on June 30, 2011. The note, along with interest at 6%, is
1 answer:
You might be interested in
Answer:
Difference between A and B =$42398.5
Process B is better as its PW value is smaller than Process A.
Explanation:
In order to use present worth, both Alternatives must have same time period. Since Process B has 4 years means 16 quarters so we make process A to have 16 quarters two with 2% interest rate per quarter.
Note:
We are going to use Compound Interest tables to simplify our work. Formulas can also be used.
For Process A:
Present value of process A=
Present value of process A=
Present value of process A=-$466,932.5
For Process B:
Present value of process B=
Present value of process B=
Present value of process B=-$424,534
Difference between A and B =(-$424,534)-(-$466,932.5)
Difference between A and B =$42398.5
Process B is better as its PW value is smaller than Process A.
Answer:
Please see attachment
Explanation:
Please see attachment
Answer:
a) H₀ : p = 0.5
b) z = 2.0785
c) p - value = 0.0188
d) Our conclusion is that there has been a significant increase in the proportion of registered voters who are planning to vote for the incumbent president
Explanation:
Probability of those planning to vote for the incumbent president before the debate, P₀ = 50/100 = 0.5
a) The null and the alternative hypothesis
Let the null hypothesis be represented by
and the alternative hypothesis be represented by
H₀ : p = 0.5
b) compute the test statistics
sample size, n = 1200
number of voters planning to vote for the incumbent president, x = 636
Probability of those planning to vote for the incumbent president in the selected sample:
Formula for the test statistic:
z = 2.0785
c)
For , the critical value as checked from the normal table will be:
The P value for z > 2.0785
d) What do you conclude?
since , we will reject the null hypothesis.
Our conclusion is that there has been a significant increase in the proportion of registered voters who are planning to vote for the incumbent president