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3 years ago

Which of the following statements is a characteristic particular to the postindustrial economy?

1 answer:

7 0

Hello there!

The answer is B) Specialization characterizes the division of labor

A Post-Industrial economy is characterized by various factors, such as the change from manufacturing to the service sector. You can see examples of Post-Industrial economies in Western Europe, Japan, and the US.

A key characteristic of Post-Industrial economy is the specialization of labor and the requirement for highly skilled workers, who replace the manual and non-qualified workers in factories.

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Grear Tire Company has produced a new tire with an estimated mean lifetime mileage of 36,500 miles. Management also believes tha

Lelechka [254]

Answer:

$0.013

0.010724

Explanation:

Given that :

Mean, m = 36500

Standard deviation, s = 5000

Refund of $1 per 100 mile short of 30,000 miles

A.) Expected cost of the promotion :

P(X < 30,000)

Using the Zscore relation :

Zscore = (x - m) / s

Zscore = (30000 - 36500) / 5000

= - 6500 / 5000

= - 1.3

100 miles = $1

1.3 / 100 = $0.013

b. What is the probability that Grear will refund more than $50 for a tire?

100 miles = $1

$50 = (100 * 50) = 5000 miles

Hence, more than $50 means x < (30000 - 5000) = x < 25000 miles

P(x < 25000) :

(25000 - 36500) / 5000

-11500 / 5000

= - 2.3

P(z < - 2.3) = 0.010724 (Z probability calculator)

3 0

3 years ago

Cal has a choice between two gambles. The first gamble offers a 50 percent chance of winning $20 and a 50 percent chance of losi

Ber [7]

Answer:

The second gamble has the higher expected value. EV = 4

Explanation:

In betting, expected value can be defined as (Amount won per bet * probability of winning) – (Amount lost per bet * probability of losing)

For the first gamble:

$EV=(0.5*20) - (0.5*20) = 0$

For the second gamble:

$EV= (0.2*100) - (0.8*20) = 4$

This means that Cal is expected to earn $4 for each $20 waged on the second gamble while he is expected to break even in the first gamble.

Therefore, the second gamble has the higher expected value.

4 0

3 years ago

Which federal agency calculates the Consumer Price Index (CPI)?

Jet001 [13]

<span>U.S. Bureau of Labor Statistics</span>

6 0

4 years ago

Read 2 more answers

term in 2013, bodily corporation reported $300,000 pretax accounting income. the income tax rate for that year was 30%. bodily h

Neporo4naja [7]

The Bodily corporation's income tax payable for the year 2013 will be $54,000 at 30% tax rate.

Given,

Pretax accounting Income: $300,000

Unused net operating loss =$120,000

Income tax rate = 30%

Bodily's income tax payable for 2013 would be =

(300000 -120000) *30% = $54000

A tax levied against people or organizations (taxpayers) in proportion to their income or profits is known as an income tax. Tax rates multiplied by taxable income are typically used to calculate personal income taxes. Tax rates might change depending on the taxpayer's attributes and source of earnings.

As taxable income goes up, the tax rate might also (referred to as graduated or progressive tax rates). Corporation tax, which is often imposed at a fixed rate, is the name given to the tax charged on businesses.

The complete question is here:

In 2016, Bodily Corporation reported $300,000 pretax accounting income. The income tax rate for that year was 30%. Bodily had an unused $120,000 net operating loss carryforward from 2011 when the tax rate was 40%.

Bodily's income tax payable for 2013 would be:

a) $90,000

b) $72,000

c) $54,000

d) $42,000

Learn more about income tax here:

brainly.com/question/17075354

#SPJ4

5 0

1 year ago

The Pet Company has recently discovered a type of rock which, when crushed, is extremely absorbent. It is expected that the firm

vladimir2022 [97]

Answer:

$70.26

Explanation:

Dividend payout ratio = Dividend per share / Earning per share

r = cost of equity = 10%, or 0.10

Discounting factor = 1 /(1 + r)^n

n = year

a. For during the rapid growth period

Dividend payout ratio = 20%, or 0.20

Growth rate = 20%, or 0.20

Earnings per share in year 1 = Last year's earnings per share * (1 + Growth rate) = $2 * (1 + 0.20) = $2.40 per share

Dividend per share in year 1 = Dividend payout ratio * Earning per share in year 1 = 0.20 * $2.40 = $0.48 per share

PV of year 1 dividend per share = $0.48 * (1/1.10^1) = $0.436363636363636

Earnings per share in year 2 = Earnings per share in year 1 * (1 + Growth rate) = $2.40 * (1 + 0.20) = $2.88 per share

Dividend per share in year 2 = Dividend payout ratio * Earning per share in year 2 = 0.20 * $2.88 = $0.5760 per share

PV of year 2 dividend per share = $0.5760 * (1/1.10^2) = $ 0.47603305785124

Earnings per share in year 3 = Earnings per share in year 2 * (1 + Growth rate) = $2.88 * (1 + 0.20) = $3.4560 per share

Dividend per share in year 3 = Dividend payout ratio * Earning per share in year 3 = 0.20 * $3.4560 = $0.6912 per share

PV of year 3 dividend per share = $0.6912 * (1/1.10^3) = $0.51930879038317

b. For during the slow growth period

Dividend payout ratio = 50%, or 0.50

Growth rate = 8%, or 0.08

Earnings per share in year 4 = Earnings per share in year 3 * (1 + Growth rate during slow growth) = $3.4560 * (1 + 0.08) = $3.73248

Dividend per share in year 4 = Dividend payout ratio * Earning per share in year 4 = 0.50 * $3.73248 = $1.86624 per share

Dividend per share in year 5 = Dividend per share in year 4 * (1 + Growth rate during slow growth) = $1.86624 * (1 + 0.08) = $2.0155392

Stock price in year 4 = Dividend per share in year 5 / (r - Growth rate during slow growth) = $2.0155392 / (0.10 - 0.08) = $100.77696

PV of stock price in year 4 = $100.77696 * (1/1.10^4) = 68.8320196707875

c. Calculation of the current price of the common stock

Current price of the common stock = PV of year 1 dividend per share + PV of year 2 dividend per share + PV of year 3 dividend per share + PV of stock price in year 4 = $0.436363636363636 + $0.47603305785124 + $0.51930879038317 + $68.8320196707875 = $70.26

Therefore, the current price of the common stock is $70.26.

4 0

3 years ago