Finx, Inc., purchased a truck for $35,000. The truck is expected to be driven 15,000 miles per year over a five-year period and then sold for approximately $5,000. Determine depreciation for the first year of the truck’s useful life by the straight-line.
In: Accounting
In: Economics
The radius of the wheel on a bike is 27 inches. If the wheel is revolving at 144 revolutions per minute, what is the linear speed of the bike, in miles per hour? Round your answer to the nearest tenth, and do not include units in your answer.
In: Math
company crashed four cars in succession at 5 miles per hour the cost of repair for each of the four crashes was $425 $455 400 $16 $232 compute the range sample variance and variance standard deviation cost of repair
In: Statistics and Probability
if the concentration of mercury in the water of a polluted lake is 0.200 ug (micrograms) per liter of water, what is the total mass of mercury in the lake, in kilograms, if the lake has a surface area of 13.5 square miles and an average depth of 28.0 feet
In: Chemistry
A man 6ft tall walks away from a lamp post 16 ft high at the rate of 5 miles per hour. How fast does the end of his shadow move? How fast does the shadow lengthen?
In: Math
The pipeline industry has approximately 100 companies, as compared to the motor carrier industry with more than 50,000. What are the underlying economic causes for this difference, given the fact that they both carry approximately the same volume of intercity ton-miles?
In: Operations Management
Mileage ratings for cars and trucks generally come with a qualifier stating actual mileage will depend on driving conditions and habits. A car manufacturer states that its new truck will average 19 miles per gallon with combined town and country driving. Assume the mean stated by the manufacturer is the actual average, and the distribution has a standard deviation of 3.6 mpg. Complete parts a and b below
a. Given the above mean and standard deviation, what is the probability that 100 drivers will average more than 18.1 miles per gallon? _________(round to four decimal places as needed)
b) Suppose 1000 drivers were randomly selected. What is the probability the average obtained by these drivers will exceed 18.1 mpg? _________(round four decimal places as needed)
Thank you
In: Statistics and Probability
PROBLEM 3 A fire station is located one mile from the west end of a 3 mile east-west stretch of road. (The fire station is located along that road, one mile from the west end and two miles from the east end.) Fires to which the fire truck must respond are uniformly distributed along this stretch of road. When a fire call comes, the truck leaves immediately and travels at 30 miles per hour (= 1/2 mile per minute). Let T be the time in minutes until the truck gets to the fire.
(a). Find the CDF F(t) of T, for all real numbers t.
(b). Find the density f(t) of T.
(c). Find E(T).
(d). Find var(T).
In: Statistics and Probability
Units-of-Production Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expected to have a $2,000 residual value at the end of its 5-year useful life. Irons uses the units-of-production method of depreciation. Irons expects the truck to run for 150,000 miles. The actual miles driven in 2019 and 2020 were 40,000 and 36,000, respectively. Required: Prepare the journal entry to record depreciation expense for 2019 and 2020. Round your answers to the nearest dollar. Do not round intermediate calculations. 2019 Dec. 31 Depreciation Expense Accumulated Depreciation (Record units-of-production depreciation expense) 2020 Dec. 31 Depreciation Expense Accumulated Depreciation (Record units-of-production depreciation expense)
In: Accounting