Hey there!
In the case of Florida (it might be different depending on the state that you live in, so please look this up on your own!), if you get 12 points within 12 months, your license will get suspended for 30 days. The most common reasons for receiving points include speeding (3 to 6 points, depending on severity), child safety restraint violations (3 points), reckless driving (4 points), and littering (3 points).
Hope this helped you out! :-)
The probability that the dealer will be fined is 0.0948
To find p(a <= Z <= b) = F(b) - F(a)
P(X < 20) = (20 - 30.5)/3.4489
= -10.5/3.4489
= -3.0444
= P(Z < -3.0444) from standard normal table
= 0.00117
P(X < 26) = (26 - 30.5)/3.4489
= -4.5/3.4489 = -1.3048
= P(Z < -1.3048) From standard normal table
= 0.09599
P(20 < x < 26) = 0.09599 - 0.00117 = 0.0948
The answer in this question is 0.0948
Answer:
$19.95
Explanation:
Breakeven is where when total Cost = Total Revenue,
Let Selling Price = X
Total Revenue = Total cost
X*800 = 10,600+6.70*800
800x = 15960
Hence, selling Price(X) = 15960/800 = $ 19.95
Answer:
e. The optimal capital structure simultaneously maximizes stock price and minimizes the WACC.
Explanation:
The optimal capital structure involves the combination of both debt and equity where debt is a type of loan which is needed to pay back in some years while the equity represents the ownership of the shareholder in the organization
So here the optimal capital structure represents the maximum stock price that minimizes the weighted average cost of capital
hence, the correct option is d.
