The difference between the revenues taken in by a business and the costs of operating the business is called

Forty-three percent of Americans use social media and other websites to voice their opinions about

rjkz [21]

Answer:

(a) 0.2896 (b) 0.5029 (c)0.5758 (d)In this case they are dependent because the gender is segregated as social media user or not as asocial media worker. the probability and variable is tied to it

Explanation:

Solution

(a)In a survey of 1,364 people, 395 were females who used social media and 232 did not. of males 232 use social media and 355 did not

To make or develop a probability table, take each group and divide their number by their total for example female that use social media is 395 of a total of 1364

395/1364 =0.2896

The probability that a woman uses social media in the survey is 0.2896

so,

A B T

Female 0.2896 0.2133 0.5029

Male 0.2368 0.2603 0.4971

Total 0.5264 0.4736 1.00

(b) To find the probability of a surveyed person being a female, we divivde the total number of females by the whole number, shown below

686/1364 = 0.5029

(c)Conditional probability is defined using the formula which is shown below:

P(A/B) = P(A∩B)/P(B)-------(1)

Where P(A∩B) is the probability of females that use social media 0.2896 and P(B) is the total female probability which is 0.5029

Now we substitute the values in the equation 1 and calculate the probability as shown below:

P(A/B) = 0.2896/0.5029 =0.5758

the conditional probability that are surveyed person is female and uses social media is 0.5758

(d) In this case they are dependent because the gender is segregated as social media user or not as asocial media worker. the probability and variable is tied to it

3 0

3 years ago

Assume that on September 30, 2017, Flyair, an international airline based in Germany, purchased a Jumbo aircraft at a cost o

Murrr4er [49]

Answer: Highest income=The units of Production method of depreciation with $3,412,500

Lowest income=double declining depreciation method with $18,000,000

Explanation:

a) Using Straight line depreciation method

(Cost of value - Salvage value)/ Useful life =(45,000,000 -6,000,000)/5 =$7,800,000

b)Using Units-of-production depreciation method

Depreciation Expense = (Cost – Salvage value) x (Number of units produced / Life in number of units)

=45,000,000 -6,000,000) x (350,000/4,000,000)= $3,412,500

b)Using Double-declining-balance depreciation method

Depreciation Expense = Beginning book value x Rate of depreciation

Rate of depreciation = 100% / useful life x 2= 100/5 x2 = 40 %

Depreciation expense = 40 % x $45,000,000 =$18,000,000

or you use this method directly= 45,000,000/5 x 2= $18,000,000

Now the highest income will come from the depreciation with least expense and from our calculation, the depreciation method with the least expense is from The units of Production method with $3,412,500

In the same vein, the lowest income will come from the most depreciation expense, therefore the most depreciation expense is from the double declining method with $18,000,000

6 0

3 years ago

On january1, 1994, Joan sMITH BEGAN HER BUSINESS BY INVESTING 35,000 in cash in a checking account that

BARSIC [14]

A checking account is important to keep the money for easy withdrawals through usually an Automated Teller Machine, or ATM

<h3>What is Accounting?</h3>

This refers to the record-keeping of financial records with the aim of keeping track of the finances of a business or corporation.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

Read more about accounting here:
brainly.com/question/26243955

3 0

3 years ago

When Whitney took over her father's sporting goods store, she evaluated some of her father's vendor relationships. She found tha

muminat

Answer:

<em>Open Communication</em>

Explanation:

In business, open communication is<em> really the capacity of anyone to obtain, access and share communication resources on one level in order to provide value-added facilities on yet another level in a layered communication system architecture under equal conditions with a transparent relationship between cost and pricing.</em>

It is important for business because it encourages your staff to become more involved and recognize that what they are doing counts to business success.

6 0

4 years ago

Zoo Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $1

kicyunya [14]

Answer:

Zoo Inc.

Cash budget for the month of March

Amount in $

Beginning cash balance 27,000

Add:

Cash receipts 106,000

Total cash available 133,000

Less:

Cash disbursements (93,000)

Ending cash balance before borrowing 40,000

Desired ending cash balance <u> 65,000</u>

Cash excess (deficiency) <u>(25,000)</u>

The borrowing required to attain desired ending cash balance is $25,000

Explanation:

Cash budget is a forecast of the net cash flows to/from an entity over a given period of time.

Details of the cash budget include the opening cash balance, the expected expenses or outflows of cash, the expected inflows and the closing balance expected as a result of the three (3) items mentioned earlier.

7 0

3 years ago