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3 years ago

AA Corp can lease a truck for four years at a cost of $25,000

Business

1 answer:

erica [24]3 years ago

3 0

______________________________

<h3>LEASING:</h3><h3>= $25,000 × 4 Years</h3><h3>= $100,000</h3><h3>= 10% × $25,000 ÷ 100 - $25,000</h3><h3>= $22,500 × 4 Years</h3><h3>= <u>$90,000</u></h3><h3 /><h3>BUYING:</h3><h3>= $60,000 + $40,000</h3><h3>= $100,000</h3><h3>= 10% × $10,000 ÷ 100 - $10,000</h3><h3>= $9,000 × 4 Years</h3><h3>= $36,000 + $60,000</h3><h3>= <u>$</u><u>9</u><u>6</u><u>,000</u></h3>

<h3>LEASING IS A BETTER OPTION</h3>

______________________________

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The correct answer is A.

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2 years ago

The College Board reported the following mean scores for the three parts of the Scholastic Aptitude Test (SAT) (The World Almana

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Answer:

a) $P(492$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 0.949)= P(Z$

b) $P(505$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 1.898)= P(Z$

c) $P(484$

And we can use excel or the normal standard table to find this probability:

$P(-1 < Z< 1)= P(Z$

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".

Part a

Let X the random variable that represent the scores for critical reading of a population, and for this case we know the distribution for X is given by:

$X \sim N(502,100)$

Where $\mu=502$ and $\sigma=100$

We select a sample of size n=90, since the distribution for X is normal then the distribution for the sample size is also normal

$\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}}=\frac{100}{\sqrt{90}}=10.54)$

And for this case we want this probability:

$P(502-10 < \bar X < 502+10)$

And for this case we can use the z score given by:

$z= \frac{\bar X -\mu}{\sigma_{\bar x}}$

And if we use this formula we got:

$P(492$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 0.949)= P(Z$

Part b

Let X the random variable that represent the scores for Math of a population, and for this case we know the distribution for X is given by:

$X \sim N(515,100)$

Where $\mu=515$ and $\sigma=100$

We select a sample of size n=90, since the distribution for X is normal then the distribution for the sample size is also normal

$\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}}=\frac{100}{\sqrt{90}}=10.54)$

And for this case we want this probability:

$P(515-10 < \bar X < 515+10)$

And for this case we can use the z score given by:

$z= \frac{\bar X -\mu}{\sigma_{\bar x}}$

And if we use this formula we got:

$P(505$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 1.898)= P(Z$

Part c

Let X the random variable that represent the scores for Writing of a population, and for this case we know the distribution for X is given by:

$X \sim N(494,100)$

Where $\mu=494$ and $\sigma=100$

We select a sample of size n=100, since the distribution for X is normal then the distribution for the sample size is also normal

$\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}}=\frac{100}{\sqrt{100}}=10)$

And for this case we want this probability:

$P(494-10 < \bar X < 494+10)$

And for this case we can use the z score given by:

$z= \frac{\bar X -\mu}{\sigma_{\bar x}}$

And if we use this formula we got:

$P(484$

And we can use excel or the normal standard table to find this probability:

$P(-1 < Z< 1)= P(Z$

3 0

3 years ago

Loyal Pet Company expects to sell 7 comma 000 beefy dog treats in January and 5 comma 000 in February for $ 2.00 each. What will

marin [14]

Answer:

<u>January:</u>

Sales revenue= $14,000

<u>February:</u>

Sales revenue= $10,000

Explanation:

Giving the following information:

Sales:

January= 7,000 units

February= 5,000 units

Selling price= $2

The sales revenue reflected in the sales budget is the result of multiplying the number of units sold with the selling price.

January:

Sales revenue= 7,000*2= $14,000

February:

Sales revenue= 5,000*2= $10,000

3 0

3 years ago

Uptown, Inc. has determined that an account receivable of $125 is uncollectible. The company uses the direct write-off method. W

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Answer:

C. Bad Debts Expense 125 125

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Explanation:

When there is straight waive off of accounts receivable, then it reduces the balance of accounts receivables and along with that the expense in the form of bad debts will be recorded in the income statement.

This provides for an expense to be debited and an accounts receivables would decrease because it is an asset, now no more realizable.

Also the expense will be debited as the general rule of accounting states that all expenses and losses are debited.

7 0

3 years ago