Answer:
The probability more than 72% of the cardholders are carrying a balance is 0.2946
Explanation:
Test statistic (z) = (p' - p) ÷ sqrt[p(1-p) ÷ n]
p' is the sample proportion = 0.72
p is the population proportion = 0.74
n is the number of cardholders sampled = 140
z = (0.72 - 0.74) ÷ sqrt[0.74(1-0.74) ÷ 140] = -0.02 ÷ 0.037 = -0.54
The cumulative area of the test statistic is the probability that less than 72% of the cardholders are carrying a balance. The probability is 0.7054.
Probability (more than 72% of the cardholders are carrying a balance) = 1 - 0.7054 = 0.2946
Answer:
Day
Explanation:
To qualify as an exchange, a redemption must be substantially disproportionate. It should be below 80% of what it was before the redemption
They had 25% 80% would be 20% so those shareholders below 20% will be considered exchange:
Yak: 100 - 34 = 66 then 66 / 300 = 22%
So: 100 - 24 = 76 then 76/300 = 25.33%
Day 100 - 42 = 58 then 58/300 = 19.33%
Dya qualifies as decrease below 80% of their previous percentage of owership
Clara's marginal revenue generated from selling an additional unit of tomatoes is always equal to its unit price since in a competitive market <span>the average revenue is just equal to its marginal revenue.</span>
Answer:
Smith Companypurchases components from three suppliers. Components purchased from Supplier A are priced at $5 each and used at the rate of 20,000 units per year. Components purchased from Supplier B are priced at $4 each and are used at the rate of 2,500 units per year. Components purchased from Supplier C are priced at $5 each and used at the rate of 900 units per year. Smith incurs a holding cost of 20 percent per year. Currently, Smithpurchases a separate truckload from each supplier. As part of JIT drive, Smith has decided to aggregate purchases from the three suppliers. The trucking company charges a fixed cost of $400 for the truck with an additional charge of $100 for each stop. Thus, if Smith asks for a pickup from only one supplier, it charges$500; from two suppliers, it charges $600, and from three suppliers, it charges $700. Suggest a replenishment strategy for Smith that minimizes annual cost.
Required:
Compare the cost of your strategy with Smith's current strategy of ordering separately from each supplier.
Explanation:
I don't know
Answer:
$32.4
Explanation:
According to the scenario, computation of the given data are as follows:
Gross wage in First quarter = $3,000 + $2,400 = $5,400
FUTA tax rate = 0.6%
So, we can calculate the FUTA tax amount by using following formula:
FUTA tax amount = FUTA tax rate × Gross wage in First quarter
= 0.6% of $5,400
= 0.6% × $5,400
= $32.4
