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A marketing manager of a leading firm believes that total sales for the firm next year can be modelled by using a normal distribution, with a mean of $2.5 million and a standard deviation of $300000 Problem 1: What is the probability that the firm's sales will exceed $3 million?
Problem 2: In order to cover fixed costs, the firm's sales must exceed the breakeven level of $1.8 million. What is the probability that sales will exceed the break-even level?
Problem 3: Determine the sales level that has only a 9% chance of being exceeded next year.
What is the threshold for determining the ABSENCE of significant influence? Under PFRS for Small Entities, property, plant and equipment.
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A machine is purchased on January 1, 2016, for $100,000. It is expected to have a useful life of ten years and a residual value of $10,000. The company closes its books on December 31. Under the double-declining balance method, what is the total amou..
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