<span>The answer in the given statement above is the accounts
receivable conversion. This type of process allows an individual to receive the
amount that he or she converts from paper check into a real amount when scanned
under an electronic machine in which is being described above.</span>
Answer:
Expected value of X = -11.09
Explanation:
Expected profit:
= Probability of winning × Amount she wins
= 0.03 × $180
= 5.4
Expected loss:
= Probability of loosing × Amount she paid
= 0.97 × $17
= 16.49
Let X be amount of money Mary wins or loses.
E(X) = Expected profit - Expected loss
= 5.4 - 16.49
= -11.09
Expected value of X = -11.09
That is expected value of loss of $11.09
The answer is B) what is the overall cost to produce a batch of 10,000 camcorders
Answer:
The correct answer to the given above question is Zone of tolerance.
Explanation:
Zone of tolerance in simpler terms can be defined as the difference between a consumers desired level of service and the level of service a consumer considers adequate. This zone consists a range of various service performance that a consumer considers to be satisfactory. We can see this zone of tolerance when a consumer will stand in a line at a retail store , a consumer would be willing wait longer in the line if he or she thinks that product or service is valuable or a necessity to him and the waiting time would also depend on the type of store it is.
Answer: $1750
Explanation:
Given Data
Earnings = $44/ hr
Overtime Earnings = 1.5 times Of $44
= $66
Hours worked during the week = 55 hrs
Social security tax rate = 6.0%
Medicare tax rate = 1.5%
Federal income tax = $633
Therefore:
Gross pay = Normal pay + overtime pay
Normal pay
= $44 * 40 hrs
= $1760
Overtime pay
= $66 * 15 hrs
= $990
Gross pay = $1760 + $990
= $1750
Social security tax
= 0.06 * $2750
= $165
Medicare tax
= 0.015 * $2750
= $41.25
Total tax
= $633 + $41.25 + $165
= $839.25
Net pay
= $2750 - $839.25
= $1910.75
