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Vesnalui [34]
4 years ago
6

Again here is the information about the characteristics of a basketball team's season: 60% of all the games were at-home games.

denote this by h (the remaining were away games). 40% of all games were wins. denote this by w (the remaining were losses). 35% of all games were at-home wins. of the at-home games, what proportion of games were wins? (note: some answers are rounded to two decimal places.)
Business
1 answer:
kkurt [141]4 years ago
3 0

We are given that:

h = 60% of all the games were at-home games

w = 40% of all games were wins

35% of all games were at-home wins

To clearly understand the problem and number of games, let us set as a basis of calculation that the total number of games played is 10 (just for the sake of calculation). Therefore:

10 total games

h = 6 home games

w = 4 total wins

3.5 of these games were won at-home

Since we can now clearly see the values, the proportion of at-home games that were wins is simply:

Proportion of at-home games won = 3.5 / 6

<span>Proportion of at-home games won = 0.58</span>

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The following monthly data are available for Waterway Industries. which produces only one product: Selling price per unit, $54;
o-na [289]

Answer:

Margin of safety= 950 units

Explanation:

<u>First, we need to calculate the break-even point in units:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 42,000 / (54 - 14)

Break-even point in units= 1,050

<u>Now, the margin of safety in units:</u>

<u></u>

Margin of safety= (current sales level - break-even point)

Margin of safety= 2,000 - 1,050

Margin of safety= 950 units

8 0
3 years ago
Stephani Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of May. Prior t
VashaNatasha [74]

Answer:

the manufacturing overhead for the month should be overapplied by $16,000

Explanation:

Given that

The debit to the manufacturing overhead is $53,000

And, the credit balance is $69,000

So, it should be overapplied by the

= $53,000 - $69,000

= $16,000

Therefore the manufacturing overhead for the month should be overapplied by $16,000

This is the answer but the same is not provided in the given options

7 0
3 years ago
Texas V. Johnson questioned the meaning of symbolic speech and its rights<br><br> True <br> False
Romashka-Z-Leto [24]

Answer:

True

Explanation:

The text portion of the writing contains word for word the question.  

6 0
3 years ago
We are evaluating a project that costs $1.68 million, has a six-year life, and has no salvage value. Assume that depreciation is
zvonat [6]

Answer:

                              Best-Case        Worst-Case

                                  NPV                     NPV

PV of cash inflows $2,897,706      $3,187,477

PV of project cost  $1,680,000     $1,848,000 ($1,680,000 * 1.1)

NPV                         $1,217,706    $1,339,477

Explanation:

a) Data and Calculations:

Initial project cost = $1.68 million

Project's estimated life = 6 years

Salvage value = $0

Depreciation expense = $280,000 ($1.68 million/6)

Income Statement:

Sales revenue (90,000 * $37.95) = $3,415,500

Cost of goods sold:

Variable cost (90,000 * $23.20) =    2,088,000

Gross profit =                                    $1,327,500

Fixed costs =                                         815,000

Income before tax =                           $512,500

Income tax (21% of $512,500) =          107,625

Net income =                                     $404,875

Add depreciation expense                280,000

Annual cash inflows =                      $684,875

PV annuity factor for 6 years at 11% = 4.231

PV of annual cash inflows of $684,875= $2,897,706 ($684,875 * 4.231)

Annual cash inflows = $753,363 ($684,875 * 1.1)

PV of annual cash inflows of $753,363 = $3,187,477 ($753,363 * 4.231)

3 0
3 years ago
During the maturity stage of the product life cycle, profit declines primarily because: Multiple Choice a) there is fierce price
kipiarov [429]

Answer:

A) there is fierce price competition among sellers.

Explanation:

A product's competition intensifies in the maturity stage, since more competitors enter the market and new production technologies reduce manufacturing costs. The only way a company can increase its customer base is by taking them away from its competitors.

7 0
4 years ago
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