Answer:
23%
Step-by-step explanation:
If in any year there is a 12% chance that a mutual fund will outperform the market, that is in a mutually exclusive situation where the previous years performance is not considered. In this situation where trying to calculate the probability of a mutual fund outperforming the market 2 years in a row, the answer will be 23% as according to the calculations done by the financial analyst where the probability is calculated in a situation dependent on the previous years performance.
y=9
x=12
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Area=2.6
Area=12
We are looking for the inner perimeter of the track. Since there are two semicircles, these mix to form one full circle so we can use the formula to find the circumference of the circle with a diameter of 60 m, which was given to us. With a diameter of 60m, the radius will be 30m. Now we can solve this problem.
C = 2πr
C = 2π(30)
C = 60π
The semicircle ends of the track are a distance of 60π m, and now we just need to add the lengths of the inner track which are 100 m each. So:
P = 60π + 100m + 100m
P = 200 + 60π
P = 388.5 m
The inventory account expected to have by December 31 is more than $5800. Option C
<h3>How to calculate the end inventory</h3>
The formula for end inventory is given as ;
Ending inventory = Beginning inventory + net purchases –sales
Beginning inventory = $5800
Net purchases = $65000
Sales = $112000
Put into the formula
Ending inventory = $ 
Add first,
Ending inventory = $ 
Ending inventory = $ -41, 200
Thus, the inventory account expected to have by December 31 is more than $5800. Option C
Learn more about ending inventory here:
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