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Each year, ratings are compiled concerning the performance of new cars during the first 90 days of use.Suppose that the cars have been categorized according to whether the car needs warranty-related repair and the country in which the company manufacturing the car is based. Based on the data collected, the probability that the new car needs warranty repair is 0.04, the probability that the car was manufactured by a U.S.-based company is 0.60, and the probability that the new car needs a warranty repair and was manufactured by a U.S.-based company is 0.025.
Construct a contingency table or a Venn diagram to evaluate the probabilities of a warranty-related repair. What is the probability that a new car selected at random a. needs a warranty repair? b. needs a warranty repair and was manufactured by a U.S.- based company? c. needs a warranty repair or was manufactured by a U.S.- based company? d. needs a warranty repair or was not manufactured by a U.S.-based company?
During 2004, Yvo Corp. installed a production assembly line to manufacture furniture. In 2005, Yvo purchased a new machine and rearranged the assembly line to install this machine. The rearrangement did not increase the estimated useful life of th..
Calculate the multifactor productivity composed of labor and capital units shipped plus finished goods for PCCorp. In place of fixed costs use (sales + finished goods)
stockholders equity is generally classified into two major categoriesa.contributed capital and appropriated
Of the amount paid, $30,000 was for expenses incurred on account in 2010. In addition, Leno incurred $142,000 of expenses in 2011 which will not be paid until 2012.
The company currently owns some unused equipment valued at $60,000. This equipment could be used for producing awnings if $5,000 is spent for equipment modifications. Other equipment costing $780,000 will also be required. What is the amount of th..
V Company's product has a labor standard of 2 hours per unit. For 2011, it estimates its production will be 200,000 units (400,000 DLHs). It budgets total overhead at $900,000, which results in a fixed overhead rate of $1.50 per hour.
information concerning the debt of cole company is as followsshort-term borrowings balance at december 31 2010 525000
Common and preferred stock? issuances and dividends. Flameco Corp. was incorporated on January 1, 2003, and issued the following stock, for cash:
a company manufactures an electric motor that is uses inseveral of its porducts. management is considering whether to
The tax rate is 30% and the FIFO method will result in income before taxes of $5,460. The LIFO method will result in income before taxes of $4,935. What is the difference in tax that would be paid between the two methods?
Calculate the depreciation for each fiscal year using the declining-balance method at twice the rate of straight line depreciation.
although sloan company had good earnings reports in 20x5 and 20x6 it had a negative retained earnings balance on
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