<span>Adding a machine to the factory and producing another car would be the choices that decision makers could use marginal analysis to make effective decisions.</span>
Answer:
The accrual principle
The main purpose of adjusting entries is to update the accounts to conform with the accrual concept. At the end of the accounting period, some income and expenses may have not been recorded, taken up or updated; hence, there is a need to update the accounts.
Answer:
$6.25 (rounded off)
Explanation:
In this case we first have to find the most recent dividend and then multiply is by (1+Growth rate) in order to find year end dividend. The price of the stock currently is $57.50 and the required rate of return is 10.25% so we can assume that the most recent dividend of the stock was 10.25% of 57.5
Recent dividend = 57.50 *0.1025= 5.89
Year end dividend = Recent dividend *(1 +growth rate)
=5.89*(1+0.06)
= 6.247
<span>A term policy's cost increases at the end of each term. If you own a term policy and you want to increase your coverage, your health will have to be ...</span>
Answer:
There is a 0.2419% for a foreman to earn either $1,100 or $900
Explanation:
We calculate the probability of a normal distribution of 0;1
(X-mean)/deviation = Z
(1,100 - 1,000)/100 = 100/100 = 1
900 - 1,00/100 = -100/100 = -1
Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900
As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.
We look into the normal distribution table for the value of z = -1 or 1
0.002419707 = 0.2419%
