Answer:
Based on selecting a sample of 300 computers The probability questions are follows
1. . What is the probability that no computer needs service within the warranty period?
2 . What is the probability that more than half of the computers that are sampled will need warranty period?
3. What is the expected number of computers fail before the warranty period?
Answer:
A. No entry
B. Dr Cash $900
Cr Unearned sales Revenue $900
C. Dr Unearned sales Revenue $900
Dr Cost of goods sold $575
Cr Sales Revenue $900
Cr Inventory $575
Explanation:
A. Preparation of the journal entry on May 1, 2020, for Richardson.
May 1, 2020
No entry
B. Preparation of the journal entry on May 15, 2020, for Richardson.
May 15, 2020
Dr Cash $900
Cr Unearned sales Revenue $900
C Preparation of the journal entry on May 31, 2020, for Richardson.
May 31, 2020
Dr Unearned sales Revenue $900
Dr Cost of goods sold $575
Cr Sales Revenue $900
Cr Inventory $575
Answer:
Answer for the question :
"An economy consists of three workers: Larry, Moe, and Curly. Each works 10 hours a day and can produce two services: mowing lawns and washing cars. In an hour Larry can either mow one lawn or wash one car; Moe can either mow one lawn or wash two cars; and Curly can either mow two lawns or wash one car. a. Calculate how much of each service is produced under the following circumstances, which we label A, B, C, and D: • All three spend all their time mowing lawns. (A) • All three spend all their time washing cars. (B) • All three spend half their time on each activity. (C) • Larry spends half his time on each activity, while Moe only washes cars and Curly only mows lawns. (D) b. Graph the production possibilities frontier for this economy. Using your answers to part (a), identify points A, B, C, and D on your graph. c. Explain why the production possibilities frontier has the shape it does.d. Are any of the allocations calculated in part (a) inefficient? Explain."
is explained in the attachment.
Explanation:
Answer:
16.62%
Explanation:
First, use CAPM to find the expected return of each stock;
r= risk free + beta (market risk premium)
<u>UPS;</u>
r = 0.06 +(1.6*0.09)
r = 0.204 or 20.4%
<u>Walmart;</u>
r = 0.06 + (0.9*0.09)
r = 0.141 or 14.1%
Next find the return of portfolio;
Let UPS be represented by <em>U </em>and Wal-Mart by <em>W</em>
rP = wU*rU + wW*rW
P= portfolio
w= weight of...
r = return of....
rP = (0.40*0.204) + (0.60 * 0.141)
rP = 0.0816 + 0.0846
rP = 0.1662 or 16.62%
Therefore, the expected return on a portfolio is 16.62%