In 2019, 15.9% of Broadway actors were acting in their first…

In 2019, 15.9% of Broadway actors were acting in their first role on Broadway. Suppose we took a survey of 38 Broadway actors and found that 18.4% of the actors we surveyed were first-timers. What are the mean and standard deviation for the sampling distribution of

Assume that 4% of people’s blood type is AB+. The Red Cross…

Assume that 4% of people’s blood type is AB+. The Red Cross has 60,000 donors and needs at least 2496 that is AB+. What is the probability that AB+ blood type runs out? (i.e. what is the probability that there will be less than 2496 donors whose blood type is AB+?)

Able Corp has a pretax financial income of $100,000.  Able h…

Able Corp has a pretax financial income of $100,000.  Able has a single difference from the tax return for this year, which is a $40,000 taxable temporary difference.  The tax rate is 30%.  Any deferred tax asset will require an allowance for 20% of its value. What is net income?

A shoe retailer allows customers to return shoes within 90 d…

A shoe retailer allows customers to return shoes within 90 days of purchase. The company estimates that 5% of sales will be returned within the 90-day period. During the month, the company has sales of $200,000 and returns of sales made in prior months of $5,000. What amount should the company record as net sales revenue for new sales made during the month?