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Vika [28.1K]
3 years ago
15

The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation

of $5,000. Refer to Exhibit 6-4. What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least $47,500
Business
1 answer:
Sophie [7]3 years ago
8 0

Answer: The answer is 6.68%

Explanation:

Using the z value formula

Z = x - mean / standard deviation

x = $47,500

Mean = $40,000

Standard deviation = $5,000

= 47,500 - 40,000 / 5,000

= 7,500 / 5,000

= 1.5

Then we look for z value of 1.5 to the left of normal distribution table because the probability is at least

The z value is 0.0668

0.0668 × 100

= 6.68%

Therefore the probability that an individual with an MBA degree will get a starting salary of at least $47,500 is 6.68%

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A company's corporate code of ethics is a document given to a newly hired employee on the first day of work. Usually he is asked
harina [27]

Answer:

Answer is explained in the explanation section below.

Explanation:

Solution:

A Corporate Code of Ethics represents a set of business principles designed to regulate employee behaviour and to ensure that the mission and objectives of the company do not conflict. The most important ethical codes are listed below:

Integrity is a virtue.

Objectivity is a virtue.

Competence in the field.

Trustworthiness.

Professional conduct.

These are extremely important for us to maintain because they not only mark us as individuals, but also make us responsible employees of any organization that wishes to keep us together in the long run. WE MUST OBEDIENT TO THEM in order to ensure that, regardless of what we say or think, there will be a code of ethics that will help us to change over time and contribute to the progressive nature of things in our environment. This will also identify the IT firm employee, helping us to get a clearer understanding of the situation.

3 0
2 years ago
Purchase investment in bonds for $115,000. Sell land costing $40,000 for only $31,000, resulting in a $9,000 loss on sale of lan
Juli2301 [7.4K]

Answer:

net cash flow  26,800

Explanation:

NOTE: missing information attached.

Operating

net income                 104,000

removal of non-monetary terms

depreciation expense 37,000

loss on sale of land       9,000

adjusted net income        150,000

<u>Changes in working capital:</u>

Increase in AR                  (22,000)

Decrease in Inventory       40,000

Prepaid increase                 (7,200)

Decrease in AP                 (16,000)

decrease interest paayble (5,000)

increase in tax payable         1,000

net change in working capital     (9,200)

net cash generated from operating     140,800

investing

sale of land 31,000

purchase of debt securities (115,000)

cash used in investing activities 84,000

financing

cash dividends (30,000)

cash used in financing activites 30,000

net cash flow  26,800

beginning cash 227,800

ending cash 254,600

6 0
3 years ago
How much taxes you pay on a 100k salary in new york state?
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A lot more than 100k I believe
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in an audit of inventories, an auditor would least likely verify that all inventory owned by the client is on hand at the time o
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In an audit of inventories, an auditor would least likely verify that all inventory owned by the client is on hand at the time of the count.

An auditor no longer assumes all inventories to which the auditee has a name to be available a the date of the depend. A few bought goods may also still be in transit at that time. Additionally, some stock may be on consignment or in public warehouses through properly included in the county.

An audit is an "impartial exam of monetary statistics of any entity, whether or not profit oriented or now not, no matter its size or legal form whilst such an exam is performed so one can explicit an opinion thereon.”

An auditor is a person or a firm appointed with the aid of an employer to execute an audit. to act as an auditor, someone should be licensed by means of the regulatory authority of accounting and auditing or possess sure detailed qualifications.

Learn more about audit here brainly.com/question/24317218

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6 0
2 years ago
you work with a group of employee's who are in their early 20s. Which of the following methods of communication should you use t
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Please give the options in order for us to determine which is best.
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