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yaroslaw [1]
3 years ago
15

The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220. Furthermore, it

is known that the computer prices manufactured by MNM are normally distributed. a. What is the probability that a randomly selected computer will have a price of at least $1,530?
Business
1 answer:
crimeas [40]3 years ago
8 0

Answer:

The required probability is 0.066807

Explanation:

Given,

σ = 220

μ = 1200

The probability that a random selection of computer which will have the price of at least $1,530 is computed as:

P (X ≥ 1530 ) = 1 - P (X ≤ 1530)

= 1 - P ( X - μ / σ)

= 1 - P ( 1530 - 1200 / 220)

= 1 - P ( z ≤ 1.5)

= 1 - 0.933193

= 0.066807

Note: This 0.933193 value is taken from the z table.

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Emma Pebble and Chase Stone formed a partnership in a landscape business. Under their arrangement, Emma actively manages the com
Elena L [17]

Answer:True

Explanation:A limited partnership is a form of partnership business between two or more patners in which the major partner which is the general patner has controllable interests in the running of the business and making the managerial decision while the other partner(s),which is the limited partner has only a limited liability equating to the amount invested by him/her.But in the case of the general partner,he/she has unlimited liability of the business debt.Also,the limited partner(s) core&only objective is just about making profit/returns of his/her own initial investment.

So in the case of Emma Pebble and Chase Stone,Emma is the general partner who actively takes part in the running of the business,thus bearing the major risks&liablities,while Chase is the limited partner whose only interest is to partake in profits from his initial investment.

8 0
3 years ago
When the policies of a non-profit organization and the beliefs or policies of a donor do not match or are contrasting, it leads
zaharov [31]

When the policies of a non profit organization and the beliefs or policies of a donor do not match or are contrasting, it leads to a <u>conflict</u>.

There are a variety of policies that non profit organizations must follow in order to remain operational. These policies include financial policies, fundraising policies, and policies regarding the distribution of resources for a non profit.

Non profit organizations must be careful to adhere to these policies, as any deviations could jeopardize their tax-exempt status. Additionally, non profit organizations must be transparent in their policies and procedures, as this is essential to maintaining the public's trust and support.

To know more about Organization, click here.

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5 0
1 year ago
Pedregon Corporation has provided the following information: Cost per UnitCost per Period Direct materials$ 6.35 Direct labor$ 3
sergij07 [2.7K]

Answer:

$ 7.95

Explanation:

Calculation for what the contribution margin per unit sold is closest to:

Sales price$ 20.60

Less: VARIABLE COSTS

Direct material$ 6.35

Direct labor$ 3.75

Variable manufacturing overheads$ 1.50

Sales commission$ 0.50

Variable admin expenses$ 0.55

Total Variable costs$ 12.65

Contribution margin$ 7.95

($20.60-$12.65)

Therefore the the contribution margin per unit sold is closest to:$ 7.95

7 0
3 years ago
You're trying to choose between two different investments, both of which have up-front costs of $86,000. investment g returns $1
Leni [432]

Answer: The Rate of return earned by Investment G is 8.37%, while the rate of return earned by investment H is 8.54%.

We have

                                   Investment G           Investment H


Future Value of returns         151000                         271000


No. of years                               7                              14


Costs                                 86000                           86000


Rate of Return Formula :

RoR = \left (\frac{Ending Value of investment}{Beginning Value of investment}\right )^\frac{1}{n} -1

Substituting we get ,            

Investment G

RoR = \left (\frac{151000}{86000}\right )^\frac{1}{7} -1

RoR = 1.755813953^{0.142857143} -1

RoR = 1.083740989 -1 = 0.083740989

RoR = 8.37%

Investment H

RoR = \left (\frac{271000}{86000}\right )^\frac{1}{14} -1

RoR = 3.151162791^{0.071428571} -1

RoR = 1.085438096-1 = 0. 085438096

RoR = 8.54%

5 0
4 years ago
Which of the following questions tends to be important to external users of a company's accounting information? Is the company p
Vladimir79 [104]

Answer: The question "¿Is the company profitable?" tend to be important to external users.

Explanation:For external users who make the decision to invest or not in the company, that is to buy shares, or to grant a loan to the company or to buy debt securities, in all cases TO FINANCE THE COMPANY, they generally take into account The question: is the company profitable or not? Because the risk of your investment will depend on the ability of the company to return the funds delivered, either in the form of dividends (shares) or in the form of payment plus interest (loan or debt securities).

The other questions are those that internal users will ask themselves to achieve a correct operational operation of the company and to generate benefits.

6 0
4 years ago
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