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amid [387]
3 years ago
11

XYZ Corp. has filled 100,000 purchase orders during its existence. 1,100 of the purchase orders have had errors. Using an empiri

cal probability, the probability of the next purchase order having an error is
Business
1 answer:
cluponka [151]3 years ago
5 0

Answer:

1.1%

Explanation:

Calculation to determine what the probability of the next purchase order having an error is using

an empirical probability

Using this formula

Probability=Purchase orders errors/Purchase orders filled

Let plug in the formula

Probability=1100/100000

Probability=0.011*100

Probability=1.1%

Therefore using an empirical probability the probability of the next purchase order having an error is 1.1%

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In a corporation, the shareholders receive 1 vote for each share of stock they hold, which is usually based on the amount of mon
Umnica [9.8K]

Answer:

shareholders A and B will each have 30 votes (each invested $30,000)

shareholders C and D will each have 20 votes (each invested $20,000)

shareholder E will have 10 votes (only invested $10,000)

total number of possible votes = (30 x 2) + (20 x 2) + 10 = 110 votes

any decision must be approved by more than 50% of the votes, but since the votes are bundled in tens, 60 votes are needed.

Stockholders                                     number of    

<u>A        B         C         D          E   </u>       <u> positive votes</u>           <u>  win</u>

yes   no        no       no         no               30                           no

yes   yes       no       no        no                60                           yes

yes    no        yes     no        no                50                            no

yes    no         no      yes      no                50                            no

yes    no        no       no        yes              40                            no

yes    yes      yes      no        no                80                           yes

yes     yes     no       yes       no                80                           yes

yes     yes     no       no         yes              70                           yes

yes     yes    yes      yes        no               100                          yes

yes     yes    yes      no         yes               90                          yes

yes     yes    yes      yes        yes              110                          yes

no      yes     no       no          no               30                           no

no      yes     yes      no          no              50                            no

no      yes     no        yes        no              50                            no

no      yes     no        no         yes             40                            no

no      yes    yes       yes         no              70                           yes

no      yes    yes        no          yes            60                          yes

no      yes     no         yes        yes            60                          yes

no      yes     yes        yes        yes            80                          yes  

all other combinations result in negative outcome (less than 60)  

6 0
3 years ago
The Full Employment and balanced Growth Act of 1978 formally established a specific unemployment target for the economy of
Advocard [28]

The Full Employment and Balanced Growth Act of 1978 formally established a specific unemployment target for the economy of what percentage?

Answer:

4 percent

Explanation:

The Full Employment and Balanced Growth Act of 1978 formally established a specific unemployment target for the economy of 4 percent

The Act also declared that on or before the year 1983 the federal government should achieve an adult unemployment rate of at most 3 percent, a civilian unemployment rate of at most 4 percent, and an inflation rate of at most 3 percent.

Hence, in this case, the correct answer is 4 percent.

7 0
3 years ago
Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 5.2 percent. The bond sells for $
marin [14]

Answer:

The correct answer is 5.72%.

Explanation:

According to the scenario, the given data are as follows:

Coupon rate = 5.2%

Coupon rate (semiannual) = 2.6%

par value (FV)= $1,000

Coupon payment(pmt) = $1,000 × 2.6% = $26

Time period = 16 years

Time period ( semi annual) (Nper)= 32

Sell value ( PV) = $945.32

So, we can calculate the rate by using financial calculator.

Attachment is attached below

So, YTM Semiannual= 0.02863 or 2.86%

And YTM annual = 2.86% × 2 = 5.72%

6 0
3 years ago
Cuppacuppa inc. is a company that owns coffee plantations in brazil. the company trades its coffee produce directly with coffee
podryga [215]
In this scenario, Cuppacuppa incorporation activities best illustrates EXPORTING.
Exporting is an economic activity, which involves the sending of a product made in a particular country to another foreign country which needs the product. The company sending the product is known as the exporter while the receiving country is called the importer. Each countries has its own regulations concerning goods that are coming from foreign countries. 
6 0
3 years ago
Rather than using an institutional loan, a seller extends credit to a buyer and the buyer gives the seller a deed of trust. This
Montano1993 [528]

Answer:

The correct solution would be "Purchase money loan ".

Explanation:

  • The purchasing money allowance would be granted by that of the producer to the consumer of such the property. This is also considered as financing by the seller as well as by the owner.  
  • Those other loans are mostly utilized by borrowers who've had difficulty applying for something like a conventional mortgage leading to negative performance.
4 0
3 years ago
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