Answer: $3,672,500
Explanation:
Based on the information given in the question, the debit to cash in the journal entry to record this transaction will be:
= $3,250,000 - ($3,250,000 × 4%) + ($3,250,000 × 9%)
= $3,250,000 - $130,000 + $292,500
= $3,672,500
Therefore, the debit to cash will be $3,672,500.
The waiting time at which 10 percent of the people would continue to hold is given as 2.3
<h3>How to solve for the waiting time</h3>
We have to solve for X ~ Exponential(λ).
then E(X) = 1/λ = 3,
= 0.3333
Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case
For 10 percent of the people we would have a probability of
10/100 = 0.1
we are to find
P(X ≤ t)
= 1 - e^(0.3333)(t) = 0.1
Our concern is the value of t
Then we take the like terms
1-0.1 = e^(0.3333)(t)
1/0.9 = e^(0.3333)(t)
t = 3 * ln(1/0.9)
= 0.3157
Answer:
The answer is The Fair Credit Reporting Act of 1970 (FCRA).
Explanation:
The Fair Credit Reporting Act of 1970 (FCRA) is a federal legislation designed to promote fair, accurate, and private background checks and sets national standards for employment screenings. Therefore, any employees can be safe and comfortable to have background and credit checks under the act.
Because a line credit is when the government give u credit and a loan is when the government give u a loan.
Answer:
percent yield graphic
Explanation:
Percent yield defines that it is the ratio of the percentage of actual yield to the yield of theoretical.
To compute the percent yield of the product we simply divided the actual yield by yield of theoretical and after the result we do the multiply with 100 to get the result in percentage form. In this case,, if we found that actual and theoretical yield is similar then the percentage of yield will be 100 percent.
