Probability that there are enough seats for the passengers
Assume 85% of passengers show up, 15% will not. Airline booked 11 people for 10 seats.
1) find probability there are enough seats for the passengers who show up?
2) how many are expected to show up?
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Gammell, Inc. reported net income of $40,000 for 2009. The income tax return excluded an expense item of $3,000 (reported on the income statement) because under the tax laws the $3,000.
Assume 85% of passengers show up, 15% will not. Airline booked 11 people for 10 seats. 1) find probability there are enough seats for the passengers who show up.
Gammell issued $50,000 bonds payable, 9% annual interest, maturity in ten years. The bonds were issued at $52,000. Gammell uses straight-line amortization. The amount of interest expense each full year would be?
The balance sheet of Werther Company showed the following data about its common stock, par $1: authorized shares, 10,000,000; oustsanding shares, 4,300,000; and issued shares 7,700,000. Therefore, the number of treasure stock shares was?
in 2009, Werther Co. reported a current ratio of 3.75 and in 2008 it was 3.10. Which of the potential cause of a rise in this ratio?
Return on sales for Long Pond is lower in 2008 than in 2007. What expense or expenses are causing this lower profitability?
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