Answer:
The shrinkage as a percentage of sales is 1.6%.
Step-by-step explanation:
In order to find the percentage of the sales that can be contributed to shrinkage, we first need to find the amount of shrinkage between the book value ($907,340) and the physical inventory ($875,435). The difference between these two values is $31,905. With this value of shrinkage, I then divide by the total amount in sales, which is $1,988,345. This would give me an overall percentage of 1.6%, which represents the shrinkage as a percentage of sales.
Answer:
30
Step-by-step explanation:
Theorm
Answer:
48 inches
Step-by-step explanation:
38+10=48
48 inches
Answer:
8% or 80%
Step-by-step explanation:
$13.00 - $5.00 = $8.00
Answer:
0.5015 = 50.15% probability that it came from manufacturer A.
Step-by-step explanation:
Conditional Probability
We use the conditional probability formula to solve this question. It is

In which
P(B|A) is the probability of event B happening, given that A happened.
is the probability of both A and B happening.
P(A) is the probability of A happening.
In this question:
Event A: Defective
Event B: From manufacturer A.
Probability a unit is defective:
2% of 43%(from manufacturer A)
1.5% of 57%(from manufacturer B). So

Probability a unit is defective and from manufacturer A:
2% of 43%. So

What is the probability that it came from manufacturer A?

0.5015 = 50.15% probability that it came from manufacturer A.