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Dima020 [189]
3 years ago
8

If you have a credit card limit of $1,000, you should never carry a balance of more than $800 T/F

Business
1 answer:
borishaifa [10]3 years ago
7 0
The answer would be true
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Rhombus corp. is a rapidly growing company that just experienced a very profitable quarter. the company's board of directors has
marissa [1.9K]
<span>This shows that the board has decided to re-invest the profits in the business instead of paying it to common shareholders. This is one of the drawbacks of owning common stock in comparison to preferred stock. Dividends and other company earnings are not always shared with the stockholder.</span>
3 0
3 years ago
Edwin is a consultant working for a large engineering firm. He travels to visit clients and uses his laptop and a smartphone to
pychu [463]

Answer:

Mobile user.

Explanation:

A mobile user can be defined as a person that has access to relevant software through mobile device such as laptops, tablets, or mobile phones. They also communicate using mobile devices like smart phones or laptop over the internet.

Edwin is using the mobile user method in doing his job. He uses his laptop and phone to communicate bwith clients and his office. The laptop is used to handle work through business related software he has installed.

3 0
3 years ago
Repair calls are handled by one repairman at a photocopy shop. Repair time, including travel time, is exponentially distributed,
wolverine [178]

Answer:

the average number of customers awaiting repairs = 0.30

the system utilization = 42

the amount of time that the repairman is not out on a call is  = 4.64 hours

the probability of two or more customers in the system = 0.1764

Explanation:

Given that :

Repair time, including travel time =  mean of 1.6 hours per call.

Requests for copier repairs = mean rate of 2.1 per eight-hour day

i.e mean rate R = 2.1/day

Time = 8 hours

thus; mean rate μ = 8 hours/ 1.6 hours = 5

(a)

Let the average number of customers awaiting repairs be I_i :

I_i = \dfrac{R^2}{\mu (\mu-R)}

I_i = \dfrac{2.1^2}{5 (5-2.1)}

I_i = \dfrac{4.41}{5 (2.9)}

I_i = \dfrac{4.41}{14.5}

\mathbf{I_i = 0.30}

the average number of customers awaiting repairs = 0.30

(b) Determine system utilization.

The system utilization is determined as follows:

\delta = \dfrac{R}{\mu}

\delta = \dfrac{2.1}{5}

{\delta = 0.42}

\mathbf{\delta = 42}

(c) The amount of time during an eight-hour day that the repairman is not out on a call is calculated as :

Percentage of Idle time = 1 - \delta

Percentage of Idle time = 1 - 0.42

Percentage of Idle time = 0.58

However during an 8 hour day; The amount of time that the repairman is not out on a call is = 0.58 × 8 = 4.64 hours

(d)

the probability of two or more customers in the system by assuming Poisson Distribution is:

P(N ≥ 2) = 1 - (P₀+ P₁)

where;

P₀ = 0.58

P₁ = 0.58  × 0.42 = 0.2436

P(N ≥ 2) = 1 - ( 0.58 + 0.2436)

P(N ≥ 2) = 1 - 0.8236

P(N ≥ 2) = 0.1764

Thus; the probability of two or more customers in the system is 0.1764

7 0
3 years ago
The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for 3 years. The project's cost is $20,000
Jlenok [28]

Answer:

c. $20,416.50

Explanation:

Cost of assets = 20,000

Depreciation year 1 = 33% * 20,000 = $6,666

Annual cost saving = 25,000

Tax rate = 25%

Operating cash flow Year 1 = Cost saving*(1 - tax) + Tax*Depreciation

Operating cash flow Year 1 = 25,000*(1-0.25) + 0.25*6,666

Operating cash flow Year 1 = 25,000*0.75 + 0.25*6,666

Operating cash flow Year 1 = 18750 + 1666.5

Operating cash flow Year 1 = $20,416.5

So, the cash-flow from the project in year 1 is $20,416.50

8 0
2 years ago
Wilder Company manufactures two models of its banjo, the Basic and the Luxury. The Basic model requires 10,000 direct labor hour
OLEGan [10]

Answer:

The inspecting costs should be allocated to the Basic model using ABC costing is $30,600

Explanation:

The computation of the inspecting cost is shown below:

= Total number of basic model inspection + the total number of inspection

where,

Total number of basic model inspection equals to

= Number of units produced ÷ every units produced

= 3,400 units ÷ 100

= $34

And, the total number of inspection equals to

= Total inspection cost ÷ number of inspection

= $84,600 ÷ $94

= 900

The number of inspection includes

= total number of basic model inspection + the total number of luxury model inspection

= $34 + $60 (600 units ÷ 10)

Now put these values to the above formula  

So, the value would equal to

= 900 × $34

= $30,600

7 0
3 years ago
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