5.) A sample of 5 different calculators is randomly selected from a group containing 10 that are defective and 8 that have no defects. Assume that the sample is taken with replacement. What is the probability that at least one of the calculators is defective? Express your answer as a percentage rounded to the nearest hundredth.

6)At Sally's Hair Salon there are three hair stylists. 32% of the hair cuts are done by Chris, 35% are done by Karine, and the rest are done by Amy. Chris finds that when he does hair cuts, 6% of the customers are not satisfied. Karine finds that when she does hair cuts, 4% of the customers are not satisfied. Amy finds that when she does hair cuts, 3% of the customers are not satisfied. Suppose that a customer leaving the salon is selected at random. If the customer is not satisfied, what is the probability that their hair was done by Amy? Express your answer as a percentage rounded to the nearest hundredth.

7) How many ways can 4 people be chosen and arranged in a straight line if there are 8 people to choose from?

Record the following transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1.

(a) Started business by issuing 10,000 shares of common stock for $30,000.
(b) Hired Rebecca as an administrative assistant, promising to pay her $2,900 every two weeks.
(c) Rented a building for three years at $570 per month and paid six months' rent in advance.
(d) Purchased equipment for $5,000 cash.
(e) Purchased $1,900 of supplies on account.
(f) Provided services to customers for $7,200 cash.
(g) Paid employees’ salaries, $5,800.
(h) Paid for supplies purchased in item (e).
(i) Paid $810 for current advertising in a local newspaper.
(j) Paid utility bill of $1,200 for the current month.

2. A company provides services to customers on account, $4,900.

3. A company collects $5,100 cash from customers for services previously provided on account.

4. A company purchases a building for $200,000, paying $29,000 cash and signing a note payable for the remainder.

The Bijou Theater shows vintage movies. Customers arrive at the theater line at the rate of 80 per hour. The ticket seller averages 30 seconds per customer, which includes placing validation stamps on customers’ parking lot receipts and punching their frequent watcher cards. (Because of these added services, many customers don’t get in until after the feature has started.)

a. What is the average customer time in the system? (Round your answer to 2 decimal places.)

b. What would be the effect on customer time in the system of having a second ticket taker doing nothing but validations and card punching, thereby cutting the average service time to 20 seconds? (Round your answer to 3 decimal places.)

c. What would be the customer time in the system if a second window was opened with each server doing all three tasks? (Use closest λ/µ value . Do not round intermediate calculations. Round your answer to 3 decimal places.)

how can i get the code for this problem in visual basic? Create a Windows Forms applications called ISP (Internet Service Provider) Project. You must enter the number of hours for the month and select your desire ISP package. An ISP has three different subscription packages for it's customers:

can the options be display without using a radio button for the choose

international marketing The Euro Yo-Yo

Since the inception of the European Monetary Union (EMU) on January 1, 1999, the ups and downs of the euro have created challenges and opportunities for global companies. The euro’s volatility has also compounded the economic problems of the 12 countries in the euro zone. The euro began its life as an electronic medium with an exchange rate set at €1 equal to $1.161. Then, the unexpected happened: The euro’s value plunged relative to the currencies of Europe’s major trading partners. The lowest point came in October 2000, when one euro was worth only about 83 cents. By December, the euro has strengthened to about 97 cents; it then plunged again in mid2001. Euro coins and bills began to circulate on January 1, 2002, after which the euro began to steadily gain strength. By mid-2003, as the war in Iraq and the ballooning deficit raised concerns about U.S. economy, the euro’s value had strengthened to a monthly average of $1.17. The euro’s volatility forces businesses that export to Europe to think carefully about business strategies and policies. One such company is Markel Corp, a Philadelphia-based manufacturer of cable-control tubing and insulated wire used in the automotive and appliance industries. About 40 percent of Markel’s $26 million in sales is generated in Europe; important euro zone customers are located in Spain, the Netherlands and Germany. In an effort to build up market share, company president Kim Reynolds aim to hold prices steady for Markel’s euro zone customers; contracts with euro zone customers call for payment in euros. The strategy is paying off; today, Markel commands about 70 percent of the global market for high-performance tubing. This success came at a cost, however; as the euro plunged in value, Markel’s losses mounted. In 2000, the company suffered a currency loss of $650,000; losses in 2001 and 2002 amounted $400,000 and $225,000 respectively. However, Reynolds hedges his exchange risk by buying forward contracts that guarantee him a set number of dollars for each euro his customers pay. Even so, Reynolds was forced to institute pay cuts for salaried employees and cancel year-end bonuses and dividends to shareholders. The situation has changed dramatically as the euro has gain strength again; in 2003, Reynolds expects a currency gain of up to $500,000. Policy makers in the 12 euro zone nations are also facing challenges. Here too, an analysis of the Euroland economy must begin by addressing issues related to the currency’s volatility. Twelve nations make up Euroland: Germany, France, Spain, Portugal, Luxembourg, the Netherlands, Ireland, Italy, Austria, Finland, Belgium and Greece. Sweden voted in late summer of 2003 to retain the Krona. No doubt the volatility of the euro was a consideration, as was the desire to preserve Sweden’s generous social welfare system. There is more support for the euro in the remaining two holdouts. According to Eurobarometer, an EU public opinion poll, 53 percent of the citizens of Denmark now favour the common currency. By contrast, in the United Kingdom, only 24 percent support a change to the euro. It is possible that both countries will wait until 2006 to put the euro to a vote again. Given the challenges faced by companies such as Markel and the governments in the euro zone, it is fair to ask whether the euro experiment has been a success or a failure. Is there a bright future ahead for the new currency zone or will the old problems of an inflexible labor market and slow growth continue to plague Europe? European economic success will depends on a strong American economy. Trade with the United States will create economic growth in Europe. Increasingly stressed relations resulting from American export tax relief and European Union preferential tariffs work to limit free trade and growth. 2 | P a g e M K T G 3 4 1 0 / J u n e 2 0 2 0 Enlargement of the European Union is sustaining the drive toward open free trade and competitiveness that began with the coal and steel communities, but Europe needs to wake up to the fact that globalization has passed enlargement by. Global capital flows, global sourcing of products and global movement of people are facts of modern economic life. While Europe goes about the business of building its federal nation state, it must also go about the business of building institutions and attitudes that are necessary to accommodate the global market.

1. What are the business implications due to the volatility of the euro?

2. Why 74 percent of citizens of United Kingdom are not support the euro?

3. Why Markel Corp suffers from currency losses?

You have been conducting an audit of the financial reports of Rainbow Forest Ltd (Rainbow Forest). Rainbow Forest Ltd is a publishing company, specialising in books and other promotional material for special industry sectors and professional bodies. Over the last three years Rainbow Forest has been experiencing difficult trading conditions resulting in operating losses and deferred dividends. In particular, Rainbow Forest has had difficulty managing its cash flow. Book sales are down on the prior year and longstanding customers are no longer making bulk purchases, but instead they are producing e-books which are emailed to members on the mailing list. Whilst Rainbow Forest can still provide online technical support services and web design advice, they have lost a major source of revenue and 20% of employees have been made redundant. You have been told by different sources that Senior Management is under a lot of pressure to turn this difficult situation around and improve both sales and profitability. You note that some of the reports you have been provided are either incomplete or are not consistent with what you have been told. Based on your initial understanding of the entity and its environment, you have concluded that Rainbow Forest Ltd is a going concern risk.

Universal Leasing leases electronic equipment to a variety of businesses. The company’s primary service is providing alternate financing by acquiring equipment and leasing it to customers under long-term sales-type leases. Universal earns interest under these arrangements at a 11% annual rate. The company leased an electronic typesetting machine it purchased for $40,900 to a local publisher, Desktop Inc. on December 31, 2017. The lease contract specified annual payments of $8,959 beginning January 1, 2018, the beginning of the lease, and each December 31 through 2019 (three-year lease term). The publisher had the option to purchase the machine on December 30, 2020, the end of the lease term, for $22,700 when it was expected to have a residual value of $26,700, a sufficient difference that exercise seems reasonably certain. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Show how Universal calculated the $8,959 annual lease payments for this sales-type lease. 2. Prepare an amortization schedule that describes the pattern of interest revenue for Universal Leasing over the lease term. 3. Prepare the appropriate entries for Universal Leasing from the beginning of the lease through the end of the lease term.

Universal Leasing leases electronic equipment to a variety of businesses. The company’s primary service is providing alternate financing by acquiring equipment and leasing it to customers under long-term sales-type leases. Universal earns interest under these arrangements at a 11% annual rate.
  
The company leased an electronic typesetting machine it purchased for $39,900 to a local publisher, Desktop Inc., on December 31, 2020. The lease contract specified annual payments of $8,617 beginning January 1, 2021, the beginning of the lease, and each December 31 through 2022 (three-year lease term). The publisher had the option to purchase the machine on December 30, 2023, the end of the lease term, for $22,600 when it was expected to have a residual value of $26,600, a sufficient difference that exercise seems reasonably certain. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
1. Show how Universal calculated the $8,617 annual lease payments for this sales-type lease.
2. Prepare an amortization schedule that describes the pattern of interest revenue for Universal Leasing over the lease term.
3. Prepare the appropriate entries for Universal Leasing from the beginning of the lease through the end of the lease term.

10) Universal Leasing leases electronic equipment to a variety of businesses. The company’s primary service is providing alternate financing by acquiring equipment and leasing it to customers under long-term sales-type leases. Universal earns interest under these arrangements at a 10% annual rate.
  
The company leased an electronic typesetting machine it purchased for $30,900 to a local publisher, Desktop Inc. on December 31, 2017. The lease contract specified annual payments of $8,000 beginning January 1, 2018, the beginning of the lease, and each December 31 through 2019 (three-year lease term). The publisher had the option to purchase the machine on December 30, 2020, the end of the lease term, for $12,000 when it was expected to have a residual value of $16,000, a sufficient difference that exercise seems reasonably certain. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
1. Show how Universal calculated the $8,000 annual lease payments for this sales-type lease.
2. Prepare an amortization schedule that describes the pattern of interest revenue for Universal Leasing over the lease term.
3. Prepare the appropriate entries for Universal Leasing from the beginning of the lease through the end of the lease term.
  

Splish Brothers Inc. completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Splish Brothers Inc. showed Cash of $5,500 and Common Stock of $5,500.

Splish Brothers Inc. ’s chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 126 Supplies, No. 201 Accounts Payable, No. 311 Common Stock, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, No. 414 Sales Discounts, and No. 505 Cost of Goods Sold.

A) Journalize the transactions using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter "0" for the amounts. Record journal entries in the order presented in the problem.)

B) Enter the beginning cash and common stock balances and post the transactions. (Post entries in the order of journal entries presented in the previous question.)

C) Prepare an income statement through gross profit for the month of May 2019.