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Character recognition
An automatic character recognition device can successfully read about 85% of handwritten credit card applications. To estimate what might happen when this device reads a stack of applications, the company did a simulation using samples of size 20, 50, 75, and 100. For each sample size, they simulated 1000 samples with success rate p = 0.85 and constructed the histogram of the 1000 sample proportions, shown here. Explain how these histograms demonstrate what the Central Limit Theorem says about the sampling distribution model for sample pro- portions. Be sure to talk about shape, center, and spread.
During 2010, Markel had actual outlay of $48,000 for repairs under warranty. Markel employs the expense warranty accrual method-What amount should the company report for estimated liability under warranties at the end of 2010?
Can you get an idea of their working capital management policies from publicly available information? How do the two companies differ in their apparent working capital management policies? Which policy do you think is better and why?
Describe a business situation where you have had to explain a complex problem or solution to a client or colleague. Describe the situation, your approach, and the outcome:
while reviewing the march 31 2012 balance sheet of business solutions santana rey notes that the business has built a
Bass Lake Eatery borrowed $10,000 from the bank on April 1. The note is a 1-year, 12% note, with both principal and interest to be repaid on March 31, 2011.
Linden Co. has 1,000,000 euros as payables due in 90 days, and is certain that euro is going to depreciate substantially over time. Assuming the firm is correct, the ideal strategy is to:
usaco a domestic corporation is the wholly-owned u.s. subsidiary of forco a foreign corporation. the u.s.-country f tax
Discuss the accounting treatment of the depletion and depreciation on the mine and mining equipment.
martina inc. has two service departments human resources and building maintenance and two production departments
in the month of march picard spa services 500 clients at an average price of 120. during the month fixed costs were
a storage tank acquired at the beginning of the fiscal year at a cost of 86000 has an estimated residual value of 10000
The Athletic Accountant Company produces exercise equipment for accountants. Its main product, the Pencil-Pusher Push-Up Platform, is sold with a three-year warranty against defects. amount that should have appeared in warranty obligation
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