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Question - The probability that a university graduate will not be offered any job within a month of graduation is estimated to be 5%. The probability of receiving one, two and three job offers has similarly been estimated to be 43%, 31% and 21% respectively. Determine the following probabilities:
(a) A graduate is offered fewer than two jobs.
(b) A graduate is offered more than one job.
(c) The expected number of jobs a graduate would be offered.
(d) The standard deviation of number of jobs a graduate would be offered.
Movies are expensive to produce and market. According to IMDb, the most expensive film on record is Pirates of the Caribbean: At World’s End, with a total budget of $336 million. What reasons can a movie director have for misrepresenting the overall ..
Journalize the entries on March 1 to correct the errors. The receipt of $8,400 for services rendered was recorded as a debit to Accounts Receivable
question during 2011 becky loans her brother ken 5000 which he intends to use to create a small business. ken has no
Mike Barton owns Barton Products, Inc. The corporation has 30 employees. Barton Corporation expects $800,000 of net income before taxes in 2016. Mike is married and files a joint return with his wife, Elaine, who has no earnings of her own. Should Mi..
Sachs Brands' defined benefit pension plan specifies annual retirement benefits equal to: 1.4% × service years × final year's salary, payable at the end of each year. Estimate by the accumulated benefits approach the amount of Davenport's annual reti..
Rachelle and Ruben who shared profits and losses in the ratio of 3:7 admitted Omar. What is the journal entry to record the admission of Omar?
The present value of the benefits,What is the value of the investment's internal rate of return, its net present value, and its profitability index?
What The company break-even point in terms of total sales dollars is? The product has a selling price of $45 per unit and variable expenses of $15 per unit.
Product A can be sold for $100 per unit. Product B can be sold for $80 per unit. What amount of the joint costs will be assigned to Product A if joint costs are allocated on the basis of number of units produced?
Given the following, solve for the Cost of Goods Sold to be debited on sale of 250 bottles during Feb 1 using: FIFO method
Delightful Desserts had a quick ratio of 1.8, If the cost of goods sold equaled 80 percent of sales, what were the company's annual sales and DSO?
Make Three-column cash book recording the transactions. July Cash in hand Sh.141,300; cash at bank sh.228,600 and capital account Shs.369,900
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