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Juli2301 [7.4K]
2 years ago
6

Each bank in the town of La Rinconada has only a single set of locking doors at its entrance. In the town of Inverness, on the o

ther hand, the entrances to nearly all banks are equipped with two sets of locking doors, operated by a mechanism that allows only one set of doors to be open at a time. It is clear, then, that banks in Inverness experience more robbery attempts than do those in La Rinconada, and have thus adopted the extra doors as a security measure.Which of the following, if true, most weakens the argument above?(A) Last year the number of bank robberies in La Rinconada was almost one-half greater than the corresponding figure for the previous year.(B) Inverness is known for its harsh winters, while the climate of La Rinconada is quite temperate year-round.(C) The mechanism of the double doors used by banks in Inverness allows bank security personnel to lock the doors remotely.(D) Bank robbery attempts are typically unsuccessful, and, even when the robbers do manage to escape with stolen money, the sum is usually quite small.(E) Inverness has almost twice as many police officers per capita as does La Rinconada.
Business
1 answer:
Aleks [24]2 years ago
3 0

Answer: <em>Option (B) is correct.</em>

Explanation:

The town of Inverness is well known for harsh winters, whereas the climate of La Rinconada is quite temperate during the same time, if the above stated is  true, then it weakens the argument in the comprehension.

Let's assume that during warm weather , we leave door open, but at times when the weather is cold, we will close the door. This option does administer information to indicate that the double doors may have been installed for protection against climate instead of installing them for prevention against robbery.

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A tyre manufacturer wants to set a minimum mileage guarantee on its new MX100 tyre. Tests reveal the mean mileage is 47,900 with
maria [59]

Answer:

51,487.5

Explanation:

Calculation to determine the minimum guaranteed mileage should the manufacturer announce

Sinces no more than 4% of the tires will have to be replaced First step will be to determine the InvNorm(.96) using normal distribution table

InvNorm(100%-4%)

InvNorm(.96) = 1.75

Now let determine the minimum guaranteed mileage

Let x represent the Minimum guaranteed mileage

(2050*1.75)+47,900=x

x=3,587.5+47,900

x = 51,487.5

Therefore the minimum guaranteed mileage that the manufacturer should announce is 51,487

6 0
3 years ago
Lang Warehouses borrowed $196,401 from a bank and signed a note requiring 7 annual payments of $33,942 beginning one year from t
Snezhnost [94]

Answer:

5%

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  

The interest rate implicit in the agreement can be determined by finding the internal rate of return.

Cash flow in year 0 =  $-196,401

Cash flow each year from year 1 to 7 = $33,942

IRR = 5%

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.  

5 0
2 years ago
Cargo Industries began the month with a $10,000 debit balance in the Cash account. During the month, the total of the debit entr
alukav5142 [94]

Answer:

B$10,800 debit balance.

Explanation:

In the given question, first we have to compute the difference of cash account which equals to

= Total debit entries - Total credit entries

= $4,800 - $4,000

= $800 debit

Now add this amount to the beginning balance which equals to

= Beginning amount of cash balance + Difference amount

= $10,000 + $800

= $10,800 debit

7 0
3 years ago
On January 2, year 1, Lava, Inc. purchased a patent for a new consumer product for $90,000. At the time of purchase, the patent
Archy [21]

Answer:

The amount Lava should charge against income during year 4 is $63,000.

Explanation:

Since amortization is assumed to be recorded at the end of each year, this can be calculated as follows:

Annual amortization expense = Cost of the patent  / Patent's estimated useful life = $90,000 / 10 = $9,000

Amortization expense recorded prior to year 4 = Annual amortization expense * 3 years =  $9,000 * 3 = $27,000

Unamortized cost of patent charge against income during year 4 = Cost of the patent - Amortization expense recorded prior to year 4 = $90,000 - $27,000 = $63,000

Therefore, the amount Lava should charge against income during year 4 is $63,000.

4 0
2 years ago
Comprehensive income is defined as: Net income plus other comprehensive income. Changes in equity for a period resulting from al
SVEN [57.7K]

Answer: Changes in equity for a period from all sources except those by non-owner sources.                            

Explanation: In simple words, comprehensive income refers to those transactions that were not realized before so they later get recorded in the income statement.

These transactions usually results in increase in shareholders equity. Usually such transactions involve unrealized gain or loss from available for sale securities or foreign currency transactions.

8 0
2 years ago
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