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Bayesian revision of probabilities
Seepage from dams containing uranium tailings is known to cause radio-active pollution of surrounding ground water of an average of 1 dam in 2000. The presence of radio-active pollution can be tested using a geiger-counter. This instrument, however, provides imperfect signals. Background atmospheric radiation causes it to indicate the presence of radio-active seepage on 15% of the occasions when no radio-active seepage has occurred. However, when radio-active seepage has occurred, it fails to accurately signal the presence of radio-active pollution only 2% of the time.
If a geiger-counter measurement indicates the presence of radio-active pollution, what is the probability that radio-active seepage has occurred?
show how these transactions would be reflected on the NBA's financial statements, prepare a December 31, 2013, statement of financial position and statement of activities.
The Concept of a balance scorecard is the topic. While there is not necessarily one best way to view a balance scorecard, clearly the good indicators of measurement and performance go beyond financial perspectives.
Determine the Number of lollipops that must be sold to reach this target and determine the DL and DM budget needed to reach this target.
james manufacturing and technology jmt manufactures private-label small electronic products such as alarm clocks
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Recognize three key learning points with respect to application of concepts like fixed costs, variable costs, contribution margin, breakeven analysis, indifference point, and operating leverage to organization's overall financial performance.
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The Doral Company manufactures and sells pens. Currently, 5,000,000 units are sold per year at $0.50 per unit. Fixed costs are $900,000 per year. Variable costs are $0.30 per unit.
Find out the current operatng profit for the company as whole? Supposing that all fixed cost are unavoidable, if company eliminated the unprofitable segments, what would be the new operating profit for the company as a whole be?
Prepare an analysis based on the data presented that will show which product or products Sportway, Inc., should manufacture and/or purchase in order to maximize the company's profitability.
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