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alexdok [17]
3 years ago
11

there are two packs of cards each containing 52 cards. one card is drawn from each pack. find the probability that at least one

of them will be the ace of hears.​
Business
1 answer:
Alenkasestr [34]3 years ago
7 0

Answer:

Probability drawing at least one ace of hearts is 3.8 %

Explanation:

Probability of drawing at least one ace of hearts = 1 - probability of no aces of hearts being drawn.

Probability of drawing no aces of hearts

(\frac{51}{52})^2 = 0.9619

Probability drawing at least one ace of hearts

= 1- 0.9619\\\\= 0.03809\\= 3.8%

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Calin Corporation has total current assets of $617,000, total current liabilities of $233,000, total stockholders’ equity of $1,
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Answer:

Working capital = Current assets - Current liabilities

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                          = $384,000

Explanation:

Working capital refers to current assets minus current liabilities. It is the capital available for day to day running of a business.

7 0
3 years ago
Read 2 more answers
A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individ
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Answer:a.

It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

Explanation:

A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individual who paid for the bond in cash and the bank placed this cash in its vault, by how much would the money supply change as a result  -  It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

The money supply is the entire stock of currency and other liquid instruments circulating in a country's economy and is given by the formula:

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Therefore the bank reserves increasing in the scenario will increase money supplier by the effect of the money multiplier or the reciprocal of the required reserve ratio.

5 0
3 years ago
At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $102 million rela
masha68 [24]

Answer:

Moonligh Bay Resorts will report a Non-current liability of $126 million

Explanation:

The question is to determine whether Moonlight Bay Resorts is to report an asset (current or non-current) or a liability (current or non-current) in its December 31st 2021 Balance Sheet

The step is to determine the classification of the items in the balance sheet

This is done as follows

Description                                                                           Amount ($)

Total Deferred Tax liability (168 million + 120 million)        288 million

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The net deferred tax liability                                               126 million

Since, under the International Financial Reporting Standards Deferred Tax Liability is a Non-current liability, it means <u>Moonligh Bay Resorts will report a Non-current liability of $126 million</u>

7 0
3 years ago
paced lines use some sort of conveyor to move output along the production line at a variable rate, so that operators do their wo
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This statement is false.

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To learn more about conveyor from the given link:

brainly.com/question/202242

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Which payment method typically charges the highest interest rates
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