<span>1. The current ratio (assets/liabilities) of company X is 3.1. Given that the current assets are $186000, find the current liabilities:

Assets = A
Liabilities = L

A / L = 3.1 => L = A / 3.1

A = 186000 => L = 18600 / 3.1 = 6000

Answer: $ 6000

2. The board of directors determines that the current ratio must never be below 2.6. What is the maximum amount that the company can borrow?

A/L ≥ 2.6

=> L ≤ A / 2.6

=> L ≤ 186000 / 2.6

L ≤ 71538.46

Answer: $71538.46
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6 0

3 years ago

A machine is designed to fill 16-ounce bottles of shampoo. When the machine is working properly, the amount poured into the bott

Andreyy89

Answer:

(15.8495,16.2505)

Step-by-step explanation:

We are given the following information in the question:

Mean, μ = 16.05 ounces

Standard Deviation, σ = 0.2005 ounces

We are given that the distribution of amount poured into the bottles is a bell shaped distribution that is a normal distribution.

Empirical rule:

It states that for a normal distribution, almost all data falls within three standard deviations (denoted by σ) of the mean (denoted by µ).

It shows that 68% falls within the first standard deviation (µ ± σ), 95% within the first two standard deviations (µ ± 2σ), and 99.7% within the first three standard deviations (µ ± 3σ).

Confidence interval:

$\mu \pm 2\frac{\sigma}{\sqrt{n}}$

Putting the values, we get,

$16.05 \pm 2(\frac{0.2005}{\sqrt{4}} ) = 16.05 \pm 0.2005 = (15.8495,16.2505)$

4 0

3 years ago

17 A sampling of dogs at a local groomer revealed that 5 out of 24 dogs have fleas. About how many of the 110 dogs at the

vfiekz [6]

Answer: B

Explaining:

8 0

2 years ago