66% of all bald eagles survive their first year of life. If 35
bald eagles are randomly selected, find the probability that
a. Exactly 23 of them survive their first year of life.
b. At most 22 of them survive their first year of life.
c. At least 23 of them survive their first year of
life.
d. Between 21 and 26 (including 21 and 26) of them survive their
first year of life.
In: Statistics and Probability
78% of all bald eagles survive their first year of life. If 43 bald eagles are randomly selected, find the probability that a. Exactly 33 of them survive their first year of life. b. At most 36 of them survive their first year of life. c. At least 33 of them survive their first year of life. d. Between 31 and 37 (including 31 and 37) of them survive their first year of life.
In: Statistics and Probability
71% of all bald eagles survive their first year of life. If 45
bald eagles are randomly selected, find the probability that
a. Exactly 32 of them survive their first year of life. ____
b. At most 35 of them survive their first year of life.____
c. At least 34 of them survive their first year of life.____
d. Between 29 and 36 (including 29 and 36) of them survive their
first year of life.____
In: Statistics and Probability
Perpetual Inventory Using FIFO
Beginning inventory, purchases, and sales data for DVD players are as follows:
| November 1 | Inventory | 74 units at $97 | |
| 10 | Sale | 56 units | |
| 15 | Purchase | 44 units at $103 | |
| 20 | Sale | 27 units | |
| 24 | Sale | 23 units | |
| 30 | Purchase | 33 units at $109 |
The business maintains a perpetual inventory system, costing by the first-in, first-out method.
a. Determine the cost of the goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost colum
In: Accounting
In: Finance
What importance might deep sea hydrothermal vents have played on early Earth?
What were the first organisms on Earth probably like?
Most likely, what were the first organisms that began to produce oxygen?
What was the Earth's early atmosphere like?
What is believed to have been the earliest form of genetic material?
What are chloroplasts?
What is the endosymbiosis? What organelle may have developed due to such a relationship?
What is the most likely explanation for why the dinosaurs went extinct?
How do we get new species?
What happens to organic compounds in the presence of oxygen?
Which organisms began to sexually reproduce first?
In: Biology
San Jose Mercury News, March 31, 2020: “As classes go online, students want Stanford to lower tuition”: “Thousands of Stanford students are asking for a discount in tuition for this quarter --- up to 80% --- as, (as one student leader stated): “the online education will affect our EDUCATIONAL EXPERIENCE – (the caps are mine) – interacting with faculty and peers … (is)… a more ESSENTIAL PART of our time spent at Stanford” …. Online education “makes us UNABLE TO ENJOY AN EDUCATIONAL EXPERIENCE QUALIFIED FOR THE $10,000 (tuition only) that we spent for this Spring quarter”…. “if the experience is not IMMERSIVE, then IT IS NOT FULL AND DOES NOT DESERVE THE PRICE TAG”……. QUESTIONS!
A. Should students be given a discount on tuition this quarter (or semester) owing to classes going online? (you did not SIGN UP for this, right???) Why or why not? At Stanford? At EVC? Is there a difference?
B. Is your answer any different for GRADUATE students in law and medicine? Why or why not? C. Stanford has offered to let students take a quarter off, thus delaying… THE REST OF THEIR LIVES…..in your opinion, why may this solution be… ‘less than optimal’? D. Is it relevant that Stanford is sitting on MANY TENS OF BILLIONS OF DOLLARS IN ENDOWMENTS, --- one of the highest in the nation -- and could EASILY AFFORD to give their students a discount of 80% for one quarter?
E. WHAT SHOULD STANFORD DO? Offer an 80% discount? 100%? 50 %? 30%? No discount at all? Should it vary depending on the INCOME of the student and her family---- (just like the tuition itself, and room and board expenses)?
F. May we agree that students who were living in the dorms should be reimbursed for their HOUSING costs, given that they were KICKED OUT (evicted)? What about students who had been renting apartments from landlords in and around Palo Alto? Should they be treated differently? Why or why not? (Many landlords will suffer a huge drop in income in 2020) G. WHAT HAS BEEN YOUR MOST CHALLENGING OBSTACLE, IN TERMS OF TAKING AND COMPLETING YOUR CLASSES ONLINE, SINCE MARCH 10, 2020? IN YOUR OPINION, HOW HAS THE QUALITY OF YOUR EDUCATION CHANGED?
H. IS THIS ISSUE IN YOUR ‘TOP TEN’ LIST OF PROBLEMS RIGHT NOW, IN YOUR OPINION? Top 5? Top 3? WHY OR WHY NOT?
In: Economics
How many people do you expected to arrive during a 45min period?Suppose that trees are distributed in a forest according to a two-dimensional Poisson process with parameter λ, the expected number of trees per acree, equal to 80.
In: Statistics and Probability
Suppose you have 2 nickels, 3 dimes, and 1 quarter in a coin purse. You choose two coins from the purse at random. What is the probability you draw out at least 20 cents?
A three of a kind in a five-card poker hand is obtained by having exactly three of the same type of card (3 Js or 3 4s). What is the probability that a randomly selected five-card hand is a three of a kind?
A committee of 3 is to be selected from 4 Democrats and 7 Republicans. What is the probability that the committee has exactly 2 Democrats given that it has at most one Republican?
In: Statistics and Probability
Applying and Analyzing Inventory Costing Methods
At the beginning of the current period, Chen carried 1,000 units of
its product with a unit cost of $32. A summary of purchases during
the current period follows.
| Units | Unit Cost | Cost | |
|---|---|---|---|
| Beginning Inventory | 1,000 | $32 | $32,000 |
| Purchase #1 | 1,800 | 34 | 61,200 |
| Purchase #2 | 800 | 38 | 30,400 |
| Purchase #3 | 1,200 | 41 | 49,200 |
During the current period, Chen sold 2,800 units.
(a) Assume that Chen uses the first-in, first-out method.
Compute both cost of good sold for the current period and the
ending inventory balance. Use the financial statement effects
template to record cost of goods sold for the period.
Ending inventory balance $Answer
Cost of goods
sold $Answer
Use negative signs with answers, when appropriate.
|
Balance Sheet |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Transaction | Cash Asset | + |
Noncash Assets |
= | Liabilities | + |
Contributed Capital |
+ |
Earned Capital |
|
| Record FIFO cost of goods sold | Answer | Answer | Answer | Answer | Answer | |||||
|
Income Statement |
||||
|---|---|---|---|---|
Revenue |
- |
Expenses |
= |
Net Income |
| Answer | Answer | Answer | ||
(b) Assume that Chen uses the last-in, first-out method. Compute
both cost of good sold for the current period and the ending
inventory balance.
Ending inventory balance $Answer
Cost of goods
sold $Answer
(c) Assume that Chen uses the average cost method. Compute both
cost of good sold for the current period and the ending inventory
balance.
Ending inventory balance $Answer
Cost of goods
sold
$Answer
please show work
In: Accounting