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2 years ago

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Prior to opening her new restaurant, Alice is deciding what items to offer on the menu, the anticipated profits and expenses, th

e tasks of various employees, and how those jobs will be handled. Alice is creating her

1 answer:

4vir4ik [10]2 years ago

7 0

Layout of the job schematics

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Ten years ago you put $150000.00 into an interest earning account. Today it's worth $275000. What is the effective annual intere

Nikolay [14]

Answer:

the effective annual interest earned on the account is 6.25%.

Explanation:

The effective annual interest earned on the account can be calculated as follows :

PV = - $150,000

N = 10

PMT = $0

P/yr = 1

FV = $275,000

R = ?

Using a Financial calculator, the effective annual interest, R, earned on the account will be : 6.2488 or 6.25%.

3 0

3 years ago

Aldo has just been audited by the IRS. He does not agree with the agent's findings but believes that he has only two choices: pa

vivado [14]

Answer is given below :

Explanation:

In many audit disagreements that remain unresolved at the agent level, the taxpayer should consider the appeal to the Appeals Division.
Although it is part of the IRS, it has the power to resolve audit disputes. It has more settlement power than the agent.
In many cases, an agreement is reached in the appeals section, which can avoid an expensive and time consuming trial.

8 0

2 years ago

Which accurately describes the terms of this mortgage? Check all that apply.

vredina [299]

Answer: 3, 4, 5.

3. Monthly payments must be made for 30 years.

4. The annual interest rate is 4.8 percent.

5. The homeowner is borrowing $200,000.

Explanation:

8 0

2 years ago

Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Tests revealed that the tire's mileage is no

kogti [31]

Answer:

The manufacturer should announce a guaranteed mileage of 44528 miles

Explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the zscore of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

$\mu = 47900, \sigma = 2050$

What guaranteed mileage should the manufacturer announce

Only until the 5th percentile will have to be replaced, which is the value of X when Z has a pvalue of 0.05. So it is X when Z = -1.645.

$Z = \frac{X - \mu}{\sigma}$

$-1.645 = \frac{X - 47900}{2050}$

$X - 47900 = -1.645*2050$

$X = 44528$

The manufacturer should announce a guaranteed mileage of 44528 miles

6 0

3 years ago

Read 2 more answers

Suppose your employer offers you a choice between a $ 4 comma 600 bonus and 200 shares of the company stock. Whichever one you c

Virty [35]

Answer:

a. Suppose that if you receive the stock bonus, you are free to trade it. Which form of the bonus should you choose? What is its value?

I would choose the stock bonus because the current market price = 200 x $64 = $12,800 which is much higher than $4,600 (cash bonus)

b. Suppose that if you receive the stock bonus, you are required to hold it for at least one year. What can you say about the value of the stock bonus now? What will your decision depend on?

Even if you are required to hold the stock for one year, the price difference with the cash bonus is too great = ($12,800 - $4,600) / $4,600 = 178% higher. Since you are employed by the company, you should know if the company is doing well or not, and the probable future stock price.

Only if something catastrophic happened to the company would make the cash bonus more attractive.

6 0

3 years ago