which career cluster does the accouning pathway belong in? a.finance b.manufacturing c.information technology d. health sciences
1 answer:
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Answer:
The maximum time guaranteed = 19.04 minutes.
Explanation:
From the given problem data, we have:
Let Y be the random variable which follows the normal distribution.
So,
Y ~ N(u = 15, SD = 2.4
Where, u = mean and SD = Standard Deviation
Let the maximum time guaranteed is = M
So,
P (Y > M) = 0.05 equation 1
Convert this equation 1 into standard normal variable, that is,
P(Y> M) = 0.05
1 - P(Y M) = 0.05
P(Y M) = 1 - 0.05
P(Y M) = 0.95
P = 0.95
P ( Z ) = 0.95 Equation 2
From the equation 2, we have,
= 1.644853627
1.644853627 value is from using the function of Excel
( =NORSINV(0.95)) = 1.644853627
So,
M = 1.644853627 + 2.4 + 15
M = 19.04
Hence, the maximum time guaranteed = 19.04 minutes.
Answer:
Explanation:
From the given information, the ratio analysis for the year 2017 at OHARA Company can be computed as follows:
1. Working capital = Current (assets - liabilities)
Working capital = $458900 - $195500
Working capital = $263,400 (for 2017)
Given that the working capital for 2016 = $160,500
Thus, the % increase of 2017 over 2016 = 64.11% increase.
2. Current ratio = Current assets / Current liabilities
Current ratio = 458,900/195,500
Current ratio = 2.35 (for 2017)
Given that the Current ratio for 2016 = 1.65
Thus, the % increase of 2017 over 2016 = 42.43% increase
3. Free cash flows = Operating cash flows - Capital expenditure - dividends
Free cash flows = $190800 - $92000 - $31000
Free cash flows = $67,800
Given that the free cash flow for 2016 = $48,700
Thus, the % increase of 2017 over 2016 = 39.22%
4.
Debt to assets ratio = 395,500/10,34,200
Debt to assets ratio = 38.24%
Given that the debt to assets ratio for 2016 = 31%
Thus, the % increase of 2017 over 2016 = 23.35%
5.
Earnings per share =
Earnings per share =
Earnings per share = $3.06
Given that the earnings per share = $3.15
Thus, the % decrease of 2017 over 2016 = 2.86%