A history class is comprised of 8 female and 7 male students. If the instructor of the class rando the probability that 3 female students and 2 male students will be selected? Round your answer (If necessary, consult a list of formulas.)
Q: Direct Labor Budget for Service The School of Accounting (SOA) at State University is planning its…
A: GIVEN Direct Labor Budget for Service The School of Accounting (SOA) at State University is…
Q: One of the following journals does not fall under the classification of books of prime entry: a.…
A: Assets are important part of accounting.They are of two types current and non-current.Some examples…
Q: The bank statement issued by bank to its clients can be used as a source document for the following…
A: Source document is the primary and reliable evidence of a business transaction.
Q: Problem 16-18 (IAA) Emerald Company reported net income for 2021 at P1,550,000 hefore any…
A: Adjusted Net Income: The Net Income balance to be shown in the Financial Statements should be…
Q: Instructions (a) Determine the pension expense to be reported on the income statement for 2021. (b)…
A:
Q: One of the following attributes in respect of accounting transactions is not correct: O a.…
A: Accounting transactions indicate the system of recording events having a monetary value that have…
Q: 1. Budgeted Income Statement Coral Seas Jewelry Company makes and sells costume jewelry. For the…
A: Budgeted Income Statement is the Statement that helps estimates and evaluate Revenue and expenses…
Q: 7. Question Content Area Schedule of Cash Receipts Del Spencer is the owner and founder of Del…
A: Cash budget: It implies to a financial plan that gives an estimated figure of all the cash outflows…
Q: What are the ethical responsibilities of the tax practitioner in dealing with tax evasion?
A: Tax evasion is described as the unlawful nonpayment of actual tax due or unpaid wages. The IRS can…
Q: Peter has adjustedrgross income of $48,000 in the current year. He contributes $27,000 to his church…
A: The donation can be made by the taxpayer and the deduction can also be claimed for the same. The…
Q: This rate is included in the face of the note: stated rate market rate effective interest yield…
A: Rate of the note determine the payment amount in form of interest to the holder. Interest payment is…
Q: Stephanie's Cafes, Inc., has declared a dividend of $1.53 per share for shareholders of record…
A: Solution: Dividend per share declared = $1.53 Nos of outstanding shares = 250000
Q: Belarmino COMPANY sells its products in expensive, reusable containers. The customer is charged a…
A: The Answer to the Question is P27,500 . Explanation The condition for recognising revenue of…
Q: Prepare the adjusting entries required by the following information made available to you December…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub parts for…
Q: Marketing Expense Budget Timothy Donaghy has developed a unique formula for growing hair. His…
A: Variable expense are expense that varies with the level of output. Fixed expenses are expense that…
Q: Face value X PV of 1 at effective rate for 3 periods Face Value X PV of ordinary annuity of 1 at ER…
A:
Q: 00 units of electricity valued at N$2 450. In the stateme rrent asset n-current asset ng-term…
A: There are two types of assets current assets and non current assets that depends on the time period…
Q: 6.) The discounted cashflows of a bond is equal to Dirty Price (Value) Accrued Interest Clean Price…
A:
Q: monthly income sta Headphones acturing Company is given below: Department A Department B (S) 406,650…
A: Ranking Method of Selecting the Production Mix: Under this method, Products are ranked based on the…
Q: Dunne Limited manufactures a standard model of garden gate. The selling price of a gate is €150.…
A: Break even point shows the number of units which are required to sold so that the fixed cost gets…
Q: A shareholder owns 15,000 shares costing P3,000,000. Subsequently, the shareholder receives notice…
A: The stock split increases the number of issued and outstanding shares and decreases the par value of…
Q: In the trial balance the balances of accounts are classified as follows, except one statement: a.…
A: Trial balance is the list of all ledger accounts which is written in the debit or credit side…
Q: Virtual banks are subject to the same set of supervisory requirements applicable to conventional…
A: Virtual banking is the act of gaining online access to banking organizations and their services…
Q: The University of Cincinnati Center for Business Analytics is an outreach center that collaborates…
A: Fees for the Symposium = $70 per person Rental cost for auditorium = $150 Registration processing…
Q: Use the following information to calculate cash received from dividends: Dividends revenue $ 30,300…
A: Introduction: Dividends: Dividends are distributed to shareholders of the company. Dividends are…
Q: Jax Company provides an incentive compensation plan under which its president received a bonus equal…
A: Amount of the bonus = 10% x income before income tax but after deduction of the bonus…
Q: Faith Company issued 5500 convertible bonds on January 1, 2019. The bonds have a three-year term and…
A: As Given in the question Faith Company provided 5,000 convertible notes due on January 1, 2019. The…
Q: Given: Below are some data of the Income Statement accounts of Wishing Well Company for the year…
A: Cost of goods sold = Cost of goods available for sale - Ending Inventory where, Cost of goods…
Q: 00% of the equity share capital of RRR Corp. was acquired by QQQ Corp. on June 30, 2021. QQQ Corp.…
A: As per the provision of PFRS 3 in business combination for all accounting purpose Aquisition method…
Q: Happy Selling's had the following accounts atyear end: Cash-250,000, Accounts Payable-70,000,…
A: Introduction: Current Assets: The assets which can be easily converted in to cash with in 12 months…
Q: Hills Department Stores has $54 million of current assets and $58 million of noncurrent assets. It…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Melissa reviewed her six-month plan for Orchard Creek's Children's Accessory Department, including…
A: A purchased budget prepared by a retailer for the inventory orders in the future for a specific…
Q: Amortizing Software Development Costs During 2020, the E-Software Company capitalized computer…
A: Amortization expense is the reduction in the value of intangible asset over the life of the asset.…
Q: ectively from the textbook to calculate the price of the bonds at issuance. Prepare the journal…
A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Laurent is a single individual with an adjusted groes income of $50.000 in 2021. During the ourent…
A: Deductions are the reliefs which are given to the individuals for certain aspects. These amounts are…
Q: a. Gains or losses from amendments to post retirement plans are a component of other comprehensive…
A: The answer is stated below: Note: Answering the first three subparts as there are…
Q: The following source document is used to support the transactions related to returns outwards to…
A: Return outwards to creditors means purchase returns.
Q: At the end of the month, the schedule of accounts payable (a list of ending amounts owed to…
A: Accounts payable is a part of current liabilities which shows the amount due to creditors in respect…
Q: Cash Budget Khloe Company imports gift items from overseas and sells them to gift shops and…
A: The cash budget is prepared to record the cash receipts and cash disbursements made during the…
Q: On January 7, 2019, Rey Co., acquired a 35% interest in Joanne Co., for P4,300,000. Rey already held…
A: It is the excess of purchase price of a business over the fair market value of the business's assets…
Q: On July 1, 2020, Philip Company acquired the net assets of Shayne Company for a consideration…
A: The exact net fair value could not be ascertained on the date of acquisition. The net assets of…
Q: For the current year ending October 31, Papadakis Company expects fixed costs of $636,800, a unit…
A: Introduction: Break even sales units: The level of sales units where there is no profit nor loss to…
Q: onvention formula
A: A day-count convention is used to calculate the interest accrues on different investments such as…
Q: The following information was taken from the balance sheet of Aglugub Cash P13 250 Accounts Payable…
A: Introduction: Working Capital: Capital spent for running the day to day business activities called…
Q: hè Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a…
A: Solution 1: Impact on net income on discontinuing racing bike Particulars Current Total…
Q: 5.) True or False The correct formula is. Clean Price- Accrued Interest = Dirty Price True False
A: Since you have posted question two questions, we will do the first one for you. Please re-post the…
Q: The following selected transactions relate to investment activities of Ornamental Insulation…
A: Available for sale securities refer to those securities purchased by a business entity for the…
Q: Rainbow Corporation, an S corporation, uses the calendar year as its tax year. Bentley, Abby, and…
A: S corporation refers to a type of corporation set-up where the income of the corporation is not…
Q: Name the error which was made under the following circumstances: The purchase of the machinery on…
A: When machinery is purchased on credit . Machinery account is debited. It's wrongly debited to…
Q: The following statement suits best the definition of ASSETS: O a. The assets are expenses incurred…
A: Assets are considered as the resources of the business used to run the daily activity of the…
Step by step
Solved in 2 steps
- Suppose all incoming freshmen at a private college must take an entrance exam. Suppose the scores have normal distribution with a mean of U = 420 and standard deviation of σ = 95. (Show your work by indicating what calculator commands and input you use to find your answers. Round your answer to 1 decimal place.) No Work No Crédit. 1. If a student scores in the bottom 8%, they must attend summer school. What would a student have to score to avoid summer school? Sketch a corresponding normal curve in your solution. Interpret your answer in a complete sentence. 2. If a student scores in the top 4%, they get a free vacation in Hawaii. What would a student have to score to get the vacation? Sketch a corresponding normal curve in your solution. Interpret your answer in a complete sentence.Answer the following questions in a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link. This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions. Please respond to the following: You have just won the Strayer Lottery jackpot of $11,000,000. You will be paid in 26 equal annual installments beginning immediately. If you had the money now, you could invest it in an account with a quoted annual interest rate of 9% with monthly compounding of interest. What is the present value of the payments you will receive? In your own words and using various bond websites, locate one of each of the following bond ratings: AAA, BBB, CCC, and D. Describe the differences between the bond ratings. Identify the…The Venn diagram below shows the students in Ms. Morris's class. The diagram shows the memberships for the Tennis Club and the Soccer Club. A student from the class is randomly selected. Let denote the event "the student is in the Tennis Club." Let denote the event "the student is in the Soccer Club." The outcomes for the event are listed in the circle on the left. The outcomes for the event are listed in the circle on the right. Note that Linda is outside the circles since she is not a member of either club. Answer Submitted: (a) Find the probabilities of the events below. Write each answer as a single fraction. (b) Select the probability that is equal to . Correct Answer: (a) Find the probabilities of the events below. Write each answer as a single fraction. (b) Select the probability that is equal to . P(A)= P(B)= P(A and B)= P(A) * P(B/A)=1/6
- Compute a final numerical answer for each of the following problems. Youshould work out your solutions on loose leaf paper in an organized manner so that when I post the solutionkey, you can determine why answers that you missed were incorrect. This will allow you to LEARN fromany mistakes so you to not repeat these on the Final Exam (which is worth 35% of your grade in this class).Unless instructed otherwise on a question, round all dollar answers to 2 decimal places, record IRR valuesas a percent rounded to 2 decimal places, round payback period or profitability index values to 1 decimalplace, and record WACC values as a percent rounded to 2 decimal places.USE THE TABLE BELOW TO ANSWER THE FOLLOWING THREE (3) QUESTIONSYear Project A Cash Flows ($s) Project B Cash Flows ($s) Project C Cash Flows ($s)0 -100,000 -700,000 -2,350,0001 25,000 180,000 2,500,0002 20,000 150,000 2,500,0003 30,000 190,000 2,500,0004 25,000 140,0005 25,000 140,0006 20,000The payback period for Project A is…A teacher will pick one student at random from 25 for the lead in a play what is the probability of a student Joe of winning.The Graduate Management Admission Test (GMAT) is a standardized exam used by many universities as part of the assessment for admission to graduate study in business. The average GMAT score for a university is 549. Assume that GMAT scores are bell-shaped with a standard deviation of 50. If required, round your answers to one decimal place. (a) What percentage of GMAT scores are 599 or higher? (b) What percentage of GMAT scores are 649 or higher? (c) What percentage of GMAT scores are between 499 and 549? (d) What percentage of GMAT scores are between 449 and 599?
- Typed and correct answer please. I will rate accordingly with 4 votes. Please do it correctlySolve both questions correctly. I will rate accordingly with 3 votes. I need both answer.Each student should answer question 1 A, B, C. Answers to these questions are related to your actual age. Simplify your age to the month, if for example your age is 20 years 1 month and 19 days, use 20 years and 2 months. If your age is 34 years and one month and 3 days, use 34 years and one month, in other words, bring your age to the closest month. IMPORTANT NOTE: When answering a question, copy the whole question (Don’t write Q, so that when other students see the answer, they can relate the answer to the question. Assume you drink one coffee per day, 5 days a week. Assume coffee price is $4.00. That makes it $20 per week and $80 per month. Assume you can invest $80 per month in the stock market and assume you can earn 1 % per month on your stock investment or 12 % per year. A: At your retirement, when you are 65 years old, how much you will have in your retirement account if you switch from coffee drinking to investing in the stock market? B. Assume that when you get…
- On Tuesday we had a quest speaker discuss his undergradaute experience and career path. Can you identify what Zach Hudson majored in while at Kennasaw State University? Business Administration English Math O EconomicsThe Scholastic Aptitude Test (or SAT) is a standardized college entrance test that is used by colleges and universities as a means for making admission decisions. The critical reading and mathematics components of the SAT are reported on a scale from 200 to 800. Several universities believe these scores are strong predictors of an incoming student’s potential success, and they use these scores as important inputs when making admission decisions on potential freshman. The tile RugglesCollege contains freshman year GPA and the critical reading and mathematics SAT scores for a random sample of 200 students who recently completed their freshman year at Ruggles College. Develop an estimated multiple regression equation that includes critical reading and mathematics SAT scores as independent variables. How much variation in freshman GPA is explained by this model? Test whether each of the regression parameters β0, β1, and β2, is equal to zero at a 0.05 level of significance. What are the correct interpretations of the estimated regression parameters? Are these interpretations reasonable? Using the multiple linear regression model you developed in part (a), what is the predicted freshman GPA of Bobby Engle, a student who has been admitted to Ruggles College with a 660 SAT score on critical reading and at a 630 SAT score on mathematics? The Ruggles College Director of Admissions believes that the relationship between a student’s scores on the critical reading component of the SAT and the student’s freshman GPA varies with the student’s score on the mathematics component of the SAT. Develop an estimated multiple regression equation that includes critical reading and mathematics SAT scores and their interaction as independent variables. How much variation in freshman GPA is explained by this model? Test whether each of the regression parameters β0, β1, β2, and β3 is equal to zero at a 0.05 level of significance. What are the correct interpretations of the estimated regression parameters? Do these results support the conjecture made by the Ruggles College Director of Admissions? Do you prefer the estimated regression model developed in part (a) or part (c)? Explain. What other factors could be included in the model as independent variables?Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.Paul Duncan, financial manager of EduSoft Inc., is facing a dilemma. The firm was founded 5 years ago to provide educational software for the rapidly expanding primary and secondary school markets. Although EduSoft has done well, the firm's founder believes an industry shakeout is imminent. To survive, EduSoft must grab market share now, and this will require a large infusion of new capital.Because he expects earnings to continue rising sharply and looks for the stock price to follow suit, Mr. Duncan does not think it would be wise to issue new common stock at this time. On the other hand, interest rates are currently high by historical standards, and the firm's B rating means that interest payments on a new debt issue would be prohibitive.…