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According to a research firm, in U.S., the mean amount spent by a family of four on food per month is $500 with a standard deviation of $75. Assuming that the food costs are normally distributed, what is the probability that a randomly selected family of four spends less than $480 per month? (Round your answer to 4 decimal places.)
what is the value of the stock today (assume the market is in equilibrium with the required return equal to the expected return)? Round your answer to the nearest cent. Do n
What reorder level should the company use for an item that has a Normally distributed demand with mean of 1,000 units a week and standard deviation of 100 units? What is the
During 2009, Starbucks purchased fixed assets costing approximately $450 million. Assume that the company purchased the assets at the beginning of the year, uses straight-li
Would exchange rate changes always increase the risk of foreign investment? Discuss the condition under which exchange rate changes may actually reduce the risk of foreign inv
What is the breakeven point in pillows? What is the margin of safety, assuming sales total $60,000? What is the breakeven level in pillows, assuming variable costs increase by
In a typical day, 31% of people in the United States with Internet access go online to get news. You randomly select five people in the United States with Internet access an
a. Reconstruct the three-column chart assuming Connecticut's EBIT remains at $8,000. b. Interpret the result in terms of stock price and the advisability of restructuring ca
The $3,000 space charge in Matthew's budget is his share (allocated based on relative square feet) of the company's total cost of rent, utilities, and janitorial costs for t
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