Answer: 0.48
Explanation:
P(A/B) = P(AnB)/P(B) where:
P(A/B) = The probability of event A occurring given that B has occurred.
P(AnB) = The probability of both events A and B occurring.
P(B) = the probability that event B occurs.
So let
P(A) = Probability that the residents of a household own 2 cars.
P(B) = Probability that the annual household income is greater than $25,000.
The question tells us that
P(A/B) = 0.8
Note that: P(A) = 0.7, P(B) = 0.6.
Since we want to work out P(AnB), because it gives the probability that residents have an annual household income over $25,000 and own 2 cars.
We would Rearrange our initial equation to make P(AnB) the subject formula becoming;
P(A/B) = P(AnB)/P(B)
P(B)*P(A/B) = P(AnB)
So, inserting our probabilities into this equation gives:
0.6*0.8 = 0.48
Answer:
$3540.
Explanation:
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Ending inventory comprises of goods bought in May, September and November
cost of the ending inventory :
(4 x $130) + (12 x $135) + (10 x$140) = $3540
Incomplete question. The remaining part reads;
<u>Identify the sales promotion technique based on the given scenario.</u>
Answer:
<u>Loyalty Points to Customers.</u>
Explanation:
An important sales promotion technique that fits well into this technique is the sales promotion technique. This technique involves providing some incentives that motivate your aggrieved customers to reconsider coming back to you.
For example, Tara could offer her customers loyalty points which they can redeem as discounts for every pair of the new style of lightweight running shoe. By so doing, she may be able to regain the trust of her customers.
Basically Brainly is an academic version of Facebook. It allows for the real-time communication of people who either need help or are helping.
Answer:
IRR= 20%
Explanation:
The Internal Rate of Return (IRR) tries to find the profitability of the money that remains invested during the life of a proyect. It is also known as the discount rate that makes the Net Present Value (NPV) equal to cero. When the NPV is equal to cero, then the proyect does not create or destroy value. So, if we calculate the NPV with the IRR we will find that it is equal to cero. In this case, if the cost of capital were 20% the proyect will not create or destroy value, but the problem is giving us a cost of capital that is less than 20%, then the proyect creates value. If we calculate the NPV with the rate of 16% it will be grater than zero.
The figure attached shows the IRR formula. But i calculated using Excel: first i put the cash flows of each year ( the first one is negative because it is an investment ). Then i used the formula: "=IRR(C4:C8)"
