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This problem is kind of long but here goes.

At December 31, 2008, Jimenez Company reported the following as plant assets.
Land $ 4,000,000
Buildings $28,500,000 Less: Accumulated depreciation -...

Dec. 31 Discarded a delivery truck that was purchased on January 1, 2004. The truck cost $39,000. It was depreciated based on a 6-year useful life with a $3,000 salvage value. Instructions: ...

I recently completed a simulation and I got this problem wrong. I don't understand what formula to use for this question. Insight anyone?

In an effort to counteract student cheating, the...

Thanks I realized when I solved the problem and got an answer of 29 that something was not quite right. Again thank you. You always provide such great insight!

Ok. Actually that did help. I changed my hypothesis to compare the national average salary (Ho: ≤ to the national average) and the average salary of the people, in my sample with more than 12 years...

It's clear from my post that I am not looking for someone to do my work for me but I am looking for some guidance if I am not understanding the concepts being taught.

Have I calculated this correctly?

The mean arrival rate of flights at O'Hare Airport in marginal weather is 195 flights per hour with a historical standard deviation of 13 flights. To increase...

I have been given a earnings data set and I need to set up a research hypothesis. I have an idea but I am not sure if it is sound.

My research question is: Does education affect an individual's...

Thanks for your help.

Have I calculated the following problem correctly?

In 1992, the FAA conducted 86,991 pre-employment drug tests on job applicants who were to be engaged in safety and security-related jobs, and...

OK. I think I actually understood that. Is this the solution?
P(A) = .02, P(B) = .02, P(A`) = 1-.02=.98, P(B`)= .98

P(A∩B)= P(A)xP(B)= (.02)x(.02) = .0004
P(A`∩B`)= P(A`)xP(B`)= (.98)x(.98)=...

Sorry, was not sure how to reply to the original post.

Thanks!

I could really use some help understanding the following problem:

The probability is 1 in 4,000,000 that a single auto trip in the United States will result in a fatality. Over a lifetime, an...

Quote:
Originally Posted by Unknown008 View Post
Ok, let

A denote the event that the first alternator fails andb
B denote the event that the second alternator fails.

(a) The probability that...

so if the events are independent and the probability a given alternator fails is .02 then P(A) = .02, P(B) = .02?

P(AintersectB) = P(A)xP(B) = (.02)(.02) = 0.0004

P(AintersectB w/bar)=...

At least I think that is what I should do. We are working on probability and I am completely confused. We were given the following practice problem but I am lost most of the other problems gave...

I have the following equation to solve:

We are going to try to apply the Standard Normal Distribution.

The average IQ for people is 100. The standard deviation is 16. Since I can't give you an...

Thanks for your help. When the class actually covers doubtful accounts I will be a step ahead.

No, trying to make sense of a homework question. I realized, after posting this question, that I have a comparative income statement and balance sheet with figures from 2008 and 2009 and I can...

I apologize I guess I wasn't really clear the homework assignment is to calculate ratios. I know how the formulas and how to calculate the ratios. I am seeking guidance in correctly interpreting...

I have been given an income statement and balance sheet to calculate the payout ratio. I know the payout ratio formula is cash dividends divided by net income. But I don't know the dividend...

I am working on a homework problem where I have been given an income statement and balance sheet along with additional data that states: The year-end balance in the allowance for doubtful accounts...

D=debit, C=credit

This problem started as a worksheet to be completed. Completed that part and the numbers balanced. The next part is E4-3 Worksheet data for Goode Company are presented in E4-2....

I am not sure if you can help me. I am confused when it comes to adjusting entries. The problem below was given as homework, can you tell me if I have done this correctly and if not where did I go...