# File157

If there is a 2% increase in price and a 4%increase in quantity demand, what is the price of elasticity?
Northern Specialties just purchased inventory-management computer software at a cost of \$1,645,276. Cost savings from the investment over the next six years will be reflected in the following cash flow stream: \$212,455, \$292,333, \$387,479, \$516,345, \$645,766, and \$618,325. What is the payback period on this investment?

Though the drawbacks are real, , the advantages of switching to the new system outweigh the disadvantages. Which transition word or phrase should be used to connect the clauses?Choose 1 answer
A. furthermore
B. however
C. generally
D. for this reason
E. moreoever

You are playing an online guessing game. You have 4 choices numbered 1, 2, 3,and 4. One number is ***** and you do not know which number that is. If you guess the correct number on the first attempt, the game ends. If you guess incorrectly on the first attempt, the incorrect number you selected will disappear thereby leaving three choices. You guess again. What is the probability of winning the game?ANSWER: Some people say the answer is 2/5 and some say it is
A company publishes statistics concerning car quality. The initial quality score measures the number of problems per new car sold. For one year, Car A had
1.49
1.49 problems per car. Let the random variable X be equal to the number of problems with a newly purchased model A car. Complete (a) and (b) below. If you purchased model A car, what is the probability that the new car will have zero problems?
A contract entered into between XYZ Corp. and ABC Corp. states that, in order to terminate the contract, the terminating party must give a “10 day written notice”. XYZ decides to terminate the contract, and notifies ABC in writing on December 1st that they will terminate the contract as of December 11th. The contract also states “this Contract constitutes the entire agreement of the parties, and neither has relied upon any representations except those contained herein”.
During the negotiation of the contract, it was verbally agreed upon that, in order to terminate the contract, the terminating party must give a ten business day notice prior to termination.
ABC files suit against XYZ for breach of contract, claiming that XYZ failed to give a ten business day notice as agreed upon.
Questions:
a) What is the name of the rule that governs admissibility of the oral agreement in this instance?
b) What is the name of the type of clause in the second set of quotations?
During the negotiation of the contract, it was verbally agreed upon that, in order to terminate the contract, the terminating party must give a ten business day notice prior to termination.
ABC files suit against XYZ for breach of contract, claiming that XYZ failed to give a ten business day notice as agreed upon.
a) What is the name of the rule that governs admissibility of the oral agreement in this instance?
A multiple choice test has 12 questions each of which has 5 possible answers, only one of which is correct. What is the probability of getting exactly 3 questions correctly??
b) What is the name of the type of clause in the second set of quotations?
A study conducted at a certain college shows that 57% of the school’s graduates find a job in their chosen field within a year after graduation. Find the probability that among 9 randomly selected graduates at least finds a job in his or her chosen field within a year of graduating.
An airline estimates that 94% of people booked on their flights actually show up. If the airline books 73 people on a flight for which the maximum number is ***** what is the probability that the number of people who show up will exceed the capacity of the plane??
A batch consists of 12 defective coils and 88 good ones. What the probability of getting two good coils when two coils are randomly selected if the first selection is replaced before the second is made.
Which of the following Word features allows you to copy multiple paragraph-formatting styles?
A. Templates
C. Format Painter
D. Paragraph dialog box

How would you insert a section break in a document?
A. Click the Breaks button in the Page Layout tab.
B. Click the Break button in the Insert tab.
C. Click the Section button in the Home tab.
D. Press Ctrl+Enter.

Kirkland Theater sells season tickets for six events at a price of \$90. In pricing the tickets, the planners assigned the leadoff event a value of \$23 because the program was an expensive symphony orchestra. The last five events were priced equally; 1,500 season tickets were sold for the 2016 season.
Calculate the theater’s earned revenue after the first three events have been presented.
Exercise 9-10 Calculate gross profit, cost of goods sold, and selling price LO 2, 3MBI, Inc., had sales of \$36 million for fiscal 2016. The company’s gross profit ratio for that year was 26%.
Required:
a. Calculate the gross profit and cost of goods sold for MBI, Inc., for fiscal 2016. (Enter your answers in millions rounded to 2 decimal places. (i.e., 5,500,000 should be entered as 5.50))
b. Assume that a new product is developed and that it will cost \$476 to manufacture. Calculate the selling price that must be set for this new product if its gross profit ratio is to be the same as the average achieved for all products for fiscal 2016. (Do not round intermediate calculations. Enter your answer in dollars rounded to 2 decimal places.)
Robbie owns 15% more movies than rebecca and rebecca owns 10% more movies than joshua if rebecca owns 220 movies how many movies do robbie and joshua each have
A cube of lead that having the same edge length as the aluminum cube is placed in a beaker filled to the brim with alcohol causing alcohol to overflow. Take the density of alcohol to be 0.8 g/cm3. What volume of alcohol overflows when the lead cube is submerged?
V alcohol =
Marcus receives an inheritance of \$11, 000. He decides to invest this money in a 14-year certificate of deposit (CD) that pays 5.5% interest compounded monthly. How much money will Marcus receive when he redeems the CD at the end of the 14 years?
Marcus receives an inheritance of \$10, 000. He decides to invest this money in a 14-year certificate of deposit (CD) that pays 6.5% interest compounded monthly. How much money will Marcus receive when he redeems the CD at the end of the 14 years?
determine the effective annual year for \$1 invested for 1 year at 5.1 % compounded semiannually
Determine the effective annual yield for \$1 invested for 1 year at 7.9% compounded quarterly
determine the effective annual yield for \$1 invested for 1 year at 5.5% compounded semiannually
Anna is buying a house selling for 215, 000. To obtain the mortgage, Anna is required to make a 15% down payment. Anna obtains a 30-year mortgage with an interest rate of 5%.
a) Determine the amount of the required down payment.
b) Determine the amount of the mortgage.
c) Determine the monthly payment for principal and interest.
Laura and Martin obtain a 25-year, \$100, 000 conventional mortgage at 9.5% on a house selling for \$120, 000. Their monthly mortgage payment, including principal and interest, is \$874.00.
a) Determine the total amount they will pay for their house.
b) How much of the cost will be interest?
c) How much of the first payment on the mortgage is applied to the principal?
use the simple interest formula to determine the missing value. principal=? rate=8% time=9months interest=\$132
use the simple interest formula to determine the missing value principal =966.14 rate=8.54% t=? interest =\$164.24
A patient is to receive Humulin 70/30 insulin at a dose of 45 units at 8:00 every morning. Using the label provided, how many milliliters should be drawn into the syringe