Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
CBT has agreed to finance the needs of a stereo wholesaler for the next month. To complete the loan agreement, the wholesaler must estimate the cash on hand during the first 90 days of operation. Daily receipts are normally distributed with a mean of $50,000 and a standard deviation of $12,000. Disbursements are also normally distributed with a mean of $48,000 and a standard deviation of $3,000.
(a) Construct a computer simulation model to keep track of the cash flow during the first 90 days of operation. Assume that initially that there is $75,000 of cash on hand.
(b) Repeat the simulation model constructed in part (a) 50 times using a data table. Use the results in the data table to estimate the probability that a short term loan will be needed.
(c) Suppose that CBT has agreed to finance a short term loan if the probability a loan is needed is between 3% and 7%. How much initial cash on hand should the stereo wholesaler have?
Explain what is meant by population and sample
What are the consequences of non-compliance to each accounting concepts?
1. What type of correlation coefficient would you use to examine the relationship between the following variables? Explain why you have selected the correlation coefficients. A.
Write a report to an investor comparing the performance by using the financial statements between two different companies
compute three protected t tests to compare all possible pairs of means. Also, for α = .05, what is the value of LSD ? Which pairs are significantly different from one another,
Cash basis A basis for accounting whereby revenues are recorded only when received & expenses are recorded only that salaried with no regard to the era in which they be earned, in
the probability that you win a game is 0.3. if you play the game 20 times. what is the probability that you will win at least 8 times?
report on comparing information system in organisations
IN two separate studies, the actual difference between the means of a treated group and untreated group is 3 points. However, in one study sm1-m2 is very large and so the 3 points
uses of time series with example
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd