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Angelina_Jolie [31]
2 years ago
8

You are thinking about the things that can go wrong on your trip home over the Thanksgiving break. You have booked a flight with

US-Scareways. You know that in 35 percent of the cases the company has canceled the flight you were on. Should such a thing occur, there would be no other air travel option home for you. As a backup, your friend Walter has offered you a ride back. However, you know that Walter only has a seat in his car for you with 70 percent probability.
What is the probability of you making it home for the holidays?
Business
1 answer:
pashok25 [27]2 years ago
4 0

Answer: 89.5% or 0.895

Explanation:

Probability of you making it home if the flight is canceled:

= Probability that flight is canceled * probability that Walter has a seat

= 35% * 70%

= 24.5%

Probability of you making it home by flight:

= 100% - 35%

= 65%

Probability of you making it home for the holidays:

= Prob. if flight is canceled + Prob. by flight

= 24.5% + 65%

= 89.5%

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Suppose the real rate is 2.5 percent and the inflation rate is 4.1 percent. what rate would you expect to see on a treasury bill
Ganezh [65]
Thank you for posting your question here at brainly. The rate that would you expect to see on a treasury bill is <span>3.67%. Below is the solution:

</span><span>(1+R)= (1+r)*(1+h)
</span><span>R=((1+0.025)*(1+0.09))-1
</span><span>H=3.67%</span>
8 0
3 years ago
Derek can deposit $279.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month.
algol13

Answer:

The rate that Bank B must pay Derek to have have the same amount in both accounts after 10 years is:

= 22.611%

Explanation:

a) Data and Calculations:

Monthly deposit in Bank A= $279

Period of deposit = 120 (10 * 12) months

Interest rate = 14% compounded monthly

Using an online finance calculator, the future value =

Sum of all periodic payments = $33,480.00

Total Interest =                           $38,800.23

Future value of funds =             $72,280.23

Annual deposit in Bank B = $2,447

Period of deposit = 10 years

Future value = $72, 280.23

Therefore, the Interest rate = 22.611%

8 0
2 years ago
Mustard Corporation (a C corporation) owns 15% of the stock of Burgundy Corporation (a C corporation), which pays an annual divi
irina1246 [14]

Answer:

Yes, it will affect it.

Explanation:

The dividends received deduction (DRD) refers to a US federal tax law that allows some corporation that are paid dividend by related entities to deduct  certain percentage of the dividend received from their income tax depending on their percentage of ownership of the related entity that paid the dividend.

The three criteria or tiers that determines how much to deduct as DRD are as follows:

1. Generally, the DRD a corporation is qualified for is 70% of the dividend received.

2. A DRD equals to 80% of the dividend received can be deducted if the corporation holds more than 20% but less than 80% shareholding of the company that paid the dividend.

3. If the corporation holds more than 80% shareholding of the company that paid the dividend, a DRD of 100% of the dividend applies.

Therefore, additional stock purchase will affect the amount of dividends received deduction that Mustard can claim.

4 0
3 years ago
Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a specific year. If the firm sol
jenyasd209 [6]

Answer:

$200,000

Explanation:

Accounting profit = Total revenue - Explicit cost

Total revenue = 4000 × $300 = $1,200,000

$1.2 million - $1 million = $200,000

I hope my answer helps you

4 0
3 years ago
In evaluating the profit center manager, the income from operations should be compared a.across profit centers b.to historical p
olya-2409 [2.1K]

Answer: to historical performance or budget

Explanation:

A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.

This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.

If the profit center exceeds either of these then they are performing well.

6 0
3 years ago
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