Jill Smith goes to work for Jones under an informal arrangement by which there is no contract stating dates for beginning or ending the relationship, Brown Co. induces Smith to quit her job with Jones and come to work for Brown Co. What if any torts are involved? What are the elements of the tort? What is the probable outcome ?.
In: Operations Management
In: Finance
Company ABC divides its inventory into three different groups. Group 1 has 350 units and the price per unit is $12. Group 2 has 200 units and the price per unit is $20. Group 3 has 900 units and the price per unit is $2.5. The purchase price for all units was $9,000.
Determine the cost per unit for each group. Use the relative sales value method.
In: Accounting
Fresh Market is open 350 days a year. Daily use of cash register tape (daily demand) has a mean of 20 rolls and a standard deviation of 5 rolls. It takes nine days for Fresh Market to receive the order it placed with its register tape supplier. What level of safety stock of the register tape does Fresh Market need to carry, in order to guarantee that the register tape does not run out 95% of the time (the corresponding z-value is 1.6)?
In: Operations Management
Anystate Auto Insurance Company took a random sample of 350
insurance claims paid out during a 1-year period. The average claim
paid was $1555. Assume σ = $256.
Find a 0.90 confidence interval for the mean claim payment. (Round
your answers to two decimal places.)
| lower limit | $ |
| upper limit | $ |
Find a 0.99 confidence interval for the mean claim payment. (Round
your answers to two decimal places.)
| lower limit | $ |
| upper limit | $ |
In: Statistics and Probability
bruce operated as a sole proprietor, reported on schedule c (form 1040). he used 350 square feet of his 2,100 square foot rented loft exclusively and regularly for business. blake used the cash accounting method and had the following income and expenses for this financial planning business
gross receipts 36,960
expenses
advertising 80
business insurance 685
business license 100
comprehensive health insurance (entire year) 7,788
office supplies 76
postage 38
rent (entire Year) 14,400
renter's insurance (entire year) 1055
second phone line exclusively for business 103
tax preparation (allocated to business) 350
Utilities (entire year) 2881
Blake closed his business on April 2018. He had no carry over losses and all assets were fully depreciated. If blake elects to use the office-in-home (OIH) simplified method what is the amount of his schedule c net profit or loss?
34515
34,818
37,674
In: Accounting
Blake operated as a sole proprietor, reported on Schedule C
(Form 1040). He used 350 square feet of his 2100 square-foot
rented loft exclusively and regularly for business, Blake used the
cash accounting method and had the following income
and expenses for his financial planning business:
Gross receipt: $36,960
'Expenses:
Advertising: $80 .
Business insurance: $685 .
Business license: $100 .
Comprehensive health insurance (entire year): $7,788 .
Office supplies: $76 .
Postage: $38
Rent {entire year): $14,400 .
Renter insurance (entire year): $1,055
Second phone line, exclusively for business: $103 .
Tax preparation (allocated to business): $350
Utilities (entire year): $2281.
Blake closed his business on April 1, 2018. He had no carryover
losses and all assets were fully depreciated. lf Blake elects
to use the office-in-home (OlH) simplified method, what is the
amount of his Schedule C net profit or loss?
A. $34,515; B. 34,818; C. 35153; D. 37,674
In: Accounting
the highway fuel economy of a 2016 lexus rx 350 fwd 6 cyinder 3.5l automatic 5 speed using premium fuel is a normally distributed random variable with a mean of u=22.0 mpg and a standard deviation of o=1.25 mpg. 1. what is the standard error of x , the mean from a random sample of 25 fill ups by one driver? 2. within what interval would you expect the sample to fall, with 98 percent probability
In: Statistics and Probability
Answer the following Essential Question: Professor Terrence, from the English department at BMCC, incurred $350 dollars in educational expenses during 2019. He purchased supplies that were used by his students during the academic year. Please advice Prof. Terrence if his educational expenses qualifies as a deduction for Adjusted Gross Income (AGI)?
Guiding Hints/Questions:
- who qualifies for educational expenses deductions?
- what is the limitations, if any?
- see instructions for Form 1040
In: Accounting
A survey of 350 collectors showed the following results:
175 collected coins
122 collected comic books
95 collected shot glasses
97 collected coins and comic books
40 collected coins and shot glasses
35 collected comic books and shot glasses
32 collected all three types of items
Based on the above information, fill in the Venn Diagram and then answer the questions below.
In: Statistics and Probability