All categories

3 years ago

What is 700 units at $6.80 value

Business

1 answer:

jek_recluse [69]3 years ago

8 0

Answer:

$4760

Explanation:

700 units at 6.80 value/unit

700 x 6.80

= 4760

You might be interested in

A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w

Oksi-84 [34.3K]

The waiting time at which 10 percent of the people would continue to hold is given as 2.3

<h3>How to solve for the waiting time</h3>

We have to solve for X ~ Exponential(λ).

then E(X) = 1/λ = 3,

= 0.3333

Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case

For 10 percent of the people we would have a probability of

10/100 = 0.1

we are to find

P(X ≤ t)

= 1 - e^(0.3333)(t) = 0.1

Our concern is the value of t

Then we take the like terms

1-0.1 = e^(0.3333)(t)

1/0.9 = e^(0.3333)(t)

t = 3 * ln(1/0.9)

= 0.3157

5 0

1 year ago

An agent is discussing an equity index annuity purchase with a client. The agent explains that there are several which she feels

Vesna [10]

Answer:

B) should pack her bags for the trip; she earned it

Explanation:

In this scenario, it can be said that if the client purchases that annuity, the agent should pack her bags for the trip; she earned it. Since the annuity that has been recommended by the agent is offering her an incentive, and the agent fully disclosed that fact to the client, then she did her duty correctly. In the case that the client decides to purchase the annuity, they do so with full knowledge of the potential conflict of interest.

4 0

3 years ago

Seeing a golden opportunity to raise revenue, the city of Boston levies a per ticket tax of $5 to be paid by the ticket buyer. B

Dvinal [7]

Answer:

TRUE

Explanation:

When supply is perfectly inelastic, the supply curve is vertical as shown in the attached plot. Thus, the tax that shifts the supply curve upward would have no effect on the equilibrium quantity or price paid by consumers. Since equilibrium quantity or price paid by consumer don't change there's no burden on them. However, no team's owners would receive a lower after tax price and thus bearing the entire tax burden.

8 0

3 years ago

Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b

N76 [4]

Answer:

Adjusted balance = $23,387

Explanation:

Franklin Company

Bank Reconciliation statement

Bank balance as of August 31 $21,837

Add: Deposit in transit <u> $ 7,350</u>

$29,187

<u>Less: Outstanding check $(5,800)</u>

Adjusted cash balance $23,387

Cash balance as of August 31 $22,662

Add: Collection of Note receivable <u> $ 870</u>

$23,532

<u>Less: Bank service charge $( 145)</u>

Adjusted cash balance $23,387

6 0

3 years ago

A project has cash flows of −$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return

Degger [83]

Answer:

Therefore, the internal rate of return is lower than the expected return, for this the project must be rejected

Explanation:

Solution

Given that

The cash flow of a project consists of the following amount from year 0 to 3 = −$161,900, $60,800, $62,300, and $75,000

The rate of return required = 13%

Now,

Let the Internal rate of return be y%

Thus,

At internal rate of return, the value of present inflows is the same as the value of present outflows.

So,

Internal rate of return = Value of present inflows = Value of present outflows

=161900 =60800/1.0y +62300/1.0 y ^2 + 75000/ 1,0 y^3

Therefore, y = internal rate of return 10.41%

7 0

2 years ago