Answer:
d. a Poisson probability distribution.
Explanation:
Based on the information provided within the question it can be said that the best description of the arrival pattern is provided by a Poisson probability distribution. This concept that tries to map out the probability that a given number of the same event occurred during a fixed interval of time. Which in this case would be the other arrivals during the set amount of time you are in the waiting line.
Answer:
See below
Explanation:
Goodwill arises when is a business is acquired as a going concern. It is an intangible asset of a business. Goodwill represents the value of a company's customer base, its location, any patents, and the brand name. It consists of the value of suppliers, customers, and employee relationships that facilitates the smooth running of the business.
The value of goodwill is the difference between the purchase price and the net cost of its tangible and other intangible assets of a business. Amortization of goodwill means spreading the cost of goodwill to several financial years.
Goodwill is amortized because the business benefits from the goodwill for many years. In other words, the expenditure on goodwill will profit the company in more than one financial year. As per the matching principle, expenses and incomes should be recognized in the period they occur. As benefits will be enjoyed in many years, the expenses should also be spread in similar years.
Answer:
inflation rate = 4.66%
Explanation:
we can determine the inflation rate using the future value formula:
future value = present value x (1 + i)ⁿ
- future value = $68.69
- present value = $10.61
- n = 41 years
- i = inflation rate ?
$68.69 = $10.61 x (1 + i)⁴¹
(1 + i)⁴¹ = $68.69 / $10.61 = 6.474081056
⁴¹√(1 + i)⁴¹ = ⁴¹√6.474081056
1 + i = 1.0466
i = 1.0466 - 1 = 0.0466 = 4.66%
Answer:
the matrix model is a temporary arrangement, whereas the cross-functional team is a more permanent arrangement.
Explanation:
- The matrix model is a temporary setting where participants report back to their functional unit upon completion of the project.
- The cross-functional team is a more stable system where the same team works on multiple projects.
- so correct option is the matrix model is a temporary arrangement, whereas the cross-functional team is a more permanent arrangement.
Answer:
Worthy Ships:
Treasury Stock account balance would be $80,000.
Explanation:
Treasury Stock account is a contra account to the Common Stock account. Using the cost method, the account will have a debit entry and balance of $400,000 in 2023. In 2024, with the resale of shares, the account will have a credit entry of $320,000. This would bring the balance to $80,000 at the end of 2024.
