Answer:
(a) 
(b) 
(c) X=4.975 percent
Explanation:
(a) Find the z-value that corresponds to 5.40 percent
.
Hence the net interest margin of 5.40 percent is 2.5 standard deviation above the mean.
The area to the left of 2.5 from the standard normal distribution table is 0.9938.The probability that a randomly selected U.S. bank will have a net interest margin that exceeds 5.40 percent is 1-0.9938=0.0062
(b) The z-value that corresponds to 4.40 percent is 
The net interest margin of 4.40 percent is 0.5 standard deviation above the mean.
Using the normal distribution table, the area under the curve to the left of 0.5 is 0.6915
Therefore the probability that a randomly selected U.S. bank will have a net interest margin less than 4.40 percent is 0.6915
(c) The z-value that corresponds to 95% which is 1.65
We substitute the 1.65 into the formula and solve for X.
A bank that wants its net interest margin to be less than the net interest margins of 95 percent of all U.S. banks should set its net interest margin to 4.975 percent.
Answer:
$14,000
Explanation:
Company X Company Y
cost per equipment $75,000 cost per equipment $65,000
sales price $105,000 sales price $91,000
Both companies sold one unit and they exchanged clients in order to reduce shipping cost:
company X income = $105,000 (selling price) - $75,000 (COGS) + $14,000 (money received from company Y) = $44,000
company Y's income = $91,000 (selling price) - $65,000 (COGS) - $14,000 (money given to company X) = $12,000
This exchange resulted in company X's income increasing by $14,000, while company Y's income decreased by $14,000
Answer:
E
Explanation:
all of those statements seem valid about being an effective decision maker
Answer:
The answer is through legal redress known as Specific Performance.
Explanation:
A contract is an agreement between two or more people. It is legally binding and enforceable. Each individual must satisfy their separate obligations.
Since the contract has been signed. This means it is legally binding.
Since it is legally binding, the best course of action is to proceed to court of law.
In law, this known as Specific Performance. Specific Performance is a resolution used by competent court of law to order a party to perform a specific act like order the owner of the land to relinquish the land. Specific Performance is an equitable remedy.
Answer:
C. WIP InventoryminusMolding
Explanation:
Crediting is the amount or the items leaving the account, so since the Molding inventory is the one letting go of things, this is in the positive part of the T graph, so since it is having a credit, since it is providing it, the C. WIP InventoryminusMolding is the one that is being credited, on the other hand you should debit the WIP InventoryminusColoring since it is the one receiving the products.
