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Suppose that two unbiased coins are tossed repeatedly and after each toss the accumulated number of heads and tails that have appeared on each coin is recorded. Let Xn be the difference in the accumulated number of heads on coin A and coin B after the nth toss, i.e., Xn = (Total number of heads on coin A) - (Total number of heads on coin B). Thus, the state space S = {0, ±1, ±2, · · · }. Show that the zero state, where the total number of heads equal on each coin, is null recurrent.
Compute the amount of under- or overallocation of manufacturing overhead. Is the amount material? Prepare a journal entry to dispose of this amount.
london purchased a piece of real estate last year for 85400. the real estate is now worth 104300. if london needs to
you have accumulated 8000.00 and are looking for the best rate of return that can be earned over the next year. a bank
on january 1 2009 a company acquired equipment for 120000. the estimated life of the equipment is 5 years or 20000
If you were a small business owner would you implement an activity-based costing system. What potential benefits or pitfalls do you foresee?
Compute the markup percentage if the company uses cost-plus pricing based on total cost. Round to the nearest tenth of a percent (for example, 23.6%). Show calculations.
aaa company had beginning raw materials inventory of 8000. during the period the company purchased 46000 of raw
julie jones was hired by a popular fast food restaurant as an order taker and cashier. shortly after taking the job she
What is the basis for deciding whether to use the spot rate or some other exchange rate when converting a foreign subsidiary's trial balance accounts into U.S. dollars under the temporal method?
There has been a trend across corporate America of promoting financial officers to CEO. What are some advantages and disadvantages of this practice?
burlin company starts the year with 100000 in assets and 80000in liabilities. net income for the year is 25000 and no
Harris Company has shipped $20,000 of goods to Harlow Co., and Harlow Co. has arranged to sell the goods for Harris.
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