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andrew11 [14]
3 years ago
12

The jackson family is undecided about whether or nara buy a new car of the

Business
1 answer:
ICE Princess25 [194]3 years ago
3 0

The question is incomplete. The complete question is :

The Jackson family is undecided about whether or not to buy a new car. If the probability is .9 that they will buy one, and if the probability is .3 that they will buy a Ford, and if the probability is .4 that they will purchase a car getting more than 20 miles per gallon, what is the probability that they will buy either a car getting more than 20 miles per gallon or a Ford, if all Fords get more than 20 miles per gallon?

Solution :

Given that :

The probability of buying a new car,  P(NC) = 0.9

Probability of buying Ford = 0.3

That is, if Jackson family buy a car that is a ford car, $P(F) = 0.9 \times 0.3$

                                                                                                = 0.27

The probability for getting more than 20 miles per gallon = 0.4

That is if Jackson family buy a car that have more than 20 miles per gallon mileage, $P(20) = 0. 9 \times0.4=0.36$

The conditions

All of the car have more than 20 miles per gallon mileage.

It means that buying a ford car is subset of getting more than 20 miles per gallon.

$P(20 \text{ miles per gallon}\ \cap \ \text{Ford})=P(F)$

Therefore, the probability of buying a car either getting more than 20 miles per gallon or ford = $P(20 \text{ miles per gallon}\ \cup \ \text{Ford})$

Therefore,

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20) + P(F) - P(20 \text{ miles per gallon }\cap \ \text{Ford})$

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20) + P(F) - P(F)$

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20) $

                                                = 0.36

Thus the probability that Jackson family is buying a car either getting more than 20 miles per gallon or ford is 0.36

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In February, one of the processing departments at Whisenhunt Corporation had beginning work in process inventory of $35,000 and
Lerok [7]

Answer:

$426,000

Explanation:

In order to arrive at the cost to be accounted for, the cost incurred on the closing WIP (Work-In-Progress) and the units transferred out is added.

The cost incurred on the opening WIP is deducted whenever the cost to be accounted for is calculated.

Calculate the cost to be accounted for in the department as shown below.  

Cost to be accounted for = Closing WIP + Transferred out to department − Opening WIP

Given:

Closing WIP = $18,000

Transferred out to department  = $443,000

Opening WIP = $35000

Cost to be accounted for = $18000 + $443000 − $35000

=$426,000

​

8 0
4 years ago
On December 16, 2019, Carboy, Inc., borrows $120,000 cash from Third National Bank at 9 percent annual interest. The note is due
BabaBlast [244]

Answer:

See explanation section.

Explanation:

Carboy records an adjusting entry at December 31, 2019. The journal entry is -

Interest Expense   (Debit)   450 (Note - 1)

          Interest Payable    (Credit)  450

Note - 1: Borrowing - $120,000; Interest Rate = 9%; Maturity date = 45 days.

(Assuming 360 days = 1 year).

Therefore, interest expense = ($120,000*0.09)*(15/360) = $450.

Since the maturity date is 45 days, from December 16 to December 31, it should be 15 days. And the maturity date should be January 30, 2020.

The journal entry to record the interest plus principal paid -

Date                     Particulars                               Debit                Credit

Jan-30, 2020 Interest Expense                           900

                       Interest payable                            450

                       Notes Payable                        120,000

                                       Cash                                                      121,350

The interest expense for this month to be payable = $(120,000*0.09)/12 = $900.

Since there is an interest due of 450, interest payable becomes debit as the payment is done. The same as for notes payable.

8 0
4 years ago
When delivering an oral presentation, you should: A. Use your prepared remarks as a script. This means that you will need to mem
icang [17]

Answer:

D.

Explanation:

Coming out from behind the podium helps to minimize barriers between you and the participants, so that way your presentation is more likely to be heard or accepted. On the contrary, standing behind the podium will put you in a place of authority and it will make it difficult to empathize with who's listening and to give them a chance to participate.

The answer A, is not correct because you have to study your presentation but not memorize the content. If you memorize the content as an a script it will be more likely to forget some things.

It's good to make eye contact as described in answer B, however, if you maintain eye contact with just one person, you leave the other participants out, and will make it difficult to cut the barriers with them.

At last, the answer C is wrong because if you stay in a fixed position, you won't be comfortable to stay loose and make your presentation more distended.

Hope it will help you!

7 0
3 years ago
Why must business market managers be adept at analysing understanding, building & playing an active part in work teams worki
WINSTONCH [101]

Business market managers be adept at analyzing understanding working relationships & business network because they want to promote and improve the production.

<h3>What is Business?</h3>

Business refers to the activity carried out by the individual or the group of the people in order to produce goods and services for generating the profits.

The Business Market manager helps to promote the business and the improve the production ability in the employees by maintaining the good relationship with them.

There main goal is to develop the business network by connecting with the customers. They builds more customers by maintaining the old customers and building the new potential customers.

Learn  more about the business here:

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5 0
2 years ago
EA14.
Softa [21]

Answer:

work in process    debit

  raw materials inventory  credit

--to record assignment of DM to work in process--

work in process   debit

 wages payable               credit

--to record assignment of Labor to work in process--

work in process    debit

 manufacturing overhead   credit

--to record assignment of MO to work in process--

Explanation:

We are n't given with numbers but we can determinate the account and were to post the value

a) Our materials stock decrease so we credited. We will debit WIP in order to balance the entry.

b) WIP as qualifies as assets (later it will become finished product that once sold will generate cash for the company) Thus, we need to debited. In the credit side there are two possible options:

if labor weren't paid then it will wages payable. If they were; we will credit cash to represent it.

c) for MO we credit for the allocate amount and debit WIP

At the end of the period, once we got the actual Manufacturing Overhead we will adjust

5 0
4 years ago
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