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3 years ago

What are u guys thankful for

Business

1 answer:

Radda [10]3 years ago

6 0

Answer:

God waking me up this morning also thx for asking how bout you

Explanation:

You might be interested in

Grear Tire Company has produced a new tire with an estimated mean lifetime mileage of 36,500 miles. Management also believes tha

gladu [14]

Answer:

1. The expected cost of production for each tire sold is $0.013 per tire.

2. Probability that Grear will refund more than $50 for a tire is 0.0107

Explanation;

1. Mileage is 36,500 miles

Standard deviation is 5,000 miles

Observed miles is 30,000 miles

100 miles failed at $1

Therefore;

(36,500 - 30,000) /5,000 = 1.3

To get the cost of production,

Since 100 miles equals $1 if fail

1.3 × 1 / 100

= $0.013 per tire.

2. P(Z<25,000 - 36,500/5,000)

= P(Z<-11,500/5,000)

=Z<2.3

Therefore,

1-0.9893

=0.0107

The probability that Grear will refund more than $50 for a tire is 0.0107

3 0

3 years ago

You are thinking about a project to expand your business. In order to start the project, you have to invest $200,000 in new equi

svetlana [45]

Answer:

The initial outlay of this project is $270,000

Explanation:

According to the given data we have the following:

cost of new machine= $200,000

shipping cost=$5,000

installation cost=$15,000

working capital=$50,000

Therefore, in order to calculate the initial outlay of this project we would have to make the following calculation:

initial outlay of this project=cost of new machine+shipping cost+installation cost+working capital

initial outlay of this project= $200,000+$5,000+$15,000+$50,000

initial outlay of this project= $270,000

7 0

3 years ago

A company reports the following: Cost of goods sold $660,000 Average inventory 60,000 Determine (a) the inventory turnover and (

rusak2 [61]

Answer:

the inventory turnover is 11

while the average days outstanding is 33 days

Explanation:

<u>inventory turnover:</u>

the amount of times the inventory rotetes (is being sold) during the period

$\frac{COGS}{AVERAGE\: INVENTORY }$

660,000/60,000 = 11

The company sold his invenotry 11 times

<u>days outstanding :</u>

time to sale the entire inventory

if it rotates 11 times per year and the year has 365 days then:

$\frac{365}{inventory_{TO}}$

365/11 = 33.18 = 33days

3 0

3 years ago

At September 30, the accounts of East Terrace Medical Center (ETMC) include the following:

elena55 [62]

The answer is the number 1

7 0

3 years ago

Lance Brothers Enterprises acquired $755,000 of 4% bonds, dated July 1, on July 1, 2021, as a long-term investment. Management h

Mashutka [201]

Answer:

Dr Investment in bonds $755,000

Cr discount on bonds investment $80,000

Cr cash $675,000

December 31:

Dr cash($755,000*4%*6/12) $15,100

Dr discount on bonds investment(difference) $1775

Cr bond interest revenue($675,000*5%*6/12) $16,875

Explanation:

The purchase of the bonds at $675,000 while the face value was $755,000 meant that the bonds were acquired at a discount of $80,000($755,000-$675,000),as a result the appropriate entries would be to credit cash with $675,000 paid as well as the discount on investment with $80,000 while the investment in bonds account is debited with face value of $755,000

4 0

3 years ago