Answer: The major source of competition for motor carrier is intermodal in nature.
The major source competition for motor carriers is railroad. This is because rail system is quicker than motor carriers and has been used widely. Railroads do not cover all geographical zones but they have been a trend in several regions.
Explanation:
Answer:
He would expect his monthly expenses for food to fall between $147.00 and $202.00 with a probability of 21.95%
(the wording of the question should be something like "What percent would he expect his monthly expenses for this category to fall between $147.00 and $202.00?)
Explanation:
Assume that his spending on food follows standard distribution
The probability that his expenses would be from 147.00 to 235.00 is given by f(z)
z = (235.00 - 147.00)/55 = 1.6 => f(z) = 0.4452 (44.52%)
(z is the z-score)
The probability that his expenses would be from 202.00 to 235.00 is given by f(z)
z = (235.00 - 202.00)/55 = 0.6 => f(z) = 0.2257 (22.57%)
So the probability that his expenses would be from $147.00 to $202.00 is
44.52% - 22.57% = 21.95%
101
x 9
-------
909
Thats how ill explain how to solve that problem.
Answer:
3 times
Explanation:
Times Interest earned is a financial ratio that shows how many times an entity's net income or earnings before interest and taxes can be used to settle the company's interest expense.
It is given as the ratio of earnings before interest and tax to interest expense.
Earnings before interest and taxes is the difference of sales and operating costs.
= $400,000 - $362,500
= $37,500
Hence, the firm's times-interest-earned (TIE) ratio
= $37,500/$12,500
= 3
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