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1. A city law-enforcement official has stated that 20% of the items sold by pawn shops within the city have been stolen. Ralph has just purchased 4 items from one of the city's pawn shops. Assuming that the official is correct, and for x 5 the number of Ralph's purchases that have been stolen, determine the following:
a. P(x 5 0)
b. P(2 # x)
c. P(1 # x # 3)
d. P(x # 2)
2. The regional manager in Exercise 6.10 plans to evaluate the speed of service at five local franchises of the restaurant. For the five servers, determine the probability that
a. none will receive a movie coupon.
b. two of the five will receive a coupon.
c. three of the five will receive a coupon.
d. all five will receive a coupon.
Comment on the riskiness of the new operation versus the old operation
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Using an Internet search engine, search for the terms guilty as charged + California Micro Devices in order to find an article about the company, California Micro Devices. Identify the related corporate governance issues.
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Joyce's office building was destroyed in a fire (adjusted basis of $350,000; fair market value of $400,000). Of the insurance proceeds of $360,000 she receives.
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Prepare a schedule of completed jobs on hand as of April 30, 2010. What account does this schedule support?
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