Answer:
0.0084
Explanation:
For this probability problem, we will have to make use of the normal probability distribution table.
to use the table, we will have to compute a certain value
z = (x- mean) /Standard deviation
z = = 2.39
Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.
<em>To do this, on the "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>
This gives us 0.99916
Thus we have P (Z < 2.39) = 0.9916
We subtract the value obtained from the table from 1 to get the probability required.
1 - 0.9916 = 0.0084
The Probability that the employee has worked at the store for over 10 years = 0.0084
Answer:
The correct answer is: the costs.
Explanation:
Debt financing is money borrowed to be repaid over a period of time usually as forms of credits or loans from financial institutions such as banks. The benefit of debt financing is that an organization could turn a small amount of money into a large sum. The drawback is that the money borrowed requires payment with interest regardless the organization had revenues or not.
Equity capital is the financing method of a company through stocks. The funds must not be repaid but the organization gives part to its ownership to the investors who profit from dividends.
<em>The cost of equity is higher than the cost of debt</em> because equity financing is a greater risk to the investor since stockholders eventually can take over the ownership of a firm, something that does not happen with debt financing.
Answer:
21%
Explanation:
The formula to compute the annual rate of return is shown below:
= Annual net income ÷ average investment
where,
Annual net income equal to
= Annual revenues - annual expense
= $122,610 - $72,000
= $50,610
And, the average investment would be
= (Initial investment + salvage value) ÷ 2
= ($471,000 + $11,000) ÷ 2
= $482,000 ÷ 2
= $241,000
Now put these values to the above formula
So, the rate would equal to
= $50,610 ÷ $241000
= 21%
<h2>
Answer:</h2>
targeted marketing
<em>I hope this helps you</em>
<em>:)</em>
Answer:
16.31 times
Explanation:
The computation of the inventory turnover is shown below:
Inventory turnover ratio = Cost of goods sold ÷ average inventory
where,
Cost of goods sold is $20,720
And, the average inventory is $1,270
So, the inventory turnover ratio is
= $20,720 ÷ $1,270
= 16.31 times
All other information that is given in the question is not relevant. Therefore, we ignored it