Historically, 20% of flights from a major carrier arrive at the designation late.  A frequent flyer takes 9 flights on the carrier in the month of June.  What is the probability that the exactly 3 of the flights were late?

Historically, 20% of flights from a major carrier arrive at the designation late.  A frequent flyer takes 10 flights on the carrier in the month of March.  What is the probability that the exactly 3 of the flights were late?

This is a continuation of the previous problem (question 2 of 2) Bama Company exchanged business realty (initial cost $55,250; accumulated depreciation $28,750) for like-kind realty worth $48,000 and $6,000 cash. If the assets being exchanged did not qualify as like-kind properties, how much gain or loss would Bama Company recognize? Type your answer below.  Show all of your work.

This question is a continuation of the previous question (question 2 of 2) Below is information for JB Corporation.  Answer all of the following questions regarding COGS and other expenses.  Assume the UNICAP rules apply to tax cost of goods sold calculations. Sales = $140,000 Direct product costs of producing 1,200 units = $80,000 Selling, general and administrative expenses include: Depreciation = $10,000 (25% allocable to inventory for tax purposes) Officer’s salaries = $60,000 (20% allocable to inventory for tax purposes) Other costs = $12,000 (10% allocable to inventory for tax purposes) During the year, JB produced 1,200 units and sold 660 units. JB had no beginning inventory.   How much other current tax deductions would JB Corp deduct (DO NOT INCLUDE COGS)? 

Joy expects her marginal tax rate to be 25% during the investment period (i.e., t0) and 30% at the end of the investment horizon and thereafter (i.e., tn).  Joy has $600,000 of before-tax income (i.e., subject to tax at the ordinary rate) to invest with an expected 5-year time horizon.  The investment department at your firm has identified the following potential investments: A traditional IRA that is expected to earn a 9% annual rate of return. Savings account paying 6% annually. An investment in gold expected to appreciate 8% annually.  The gold would be held for investment and not otherwise used in a business.  Required: Based on the information above, what is the formula for the expected after-tax future value of each investment? You do not need to compute the after-tax value, but you must enter the variable values in the formula rather than simply variables (i.e., R, t0 etc.). Traditional IRA:  ATFV = __________________________________________________ Savings Account:  ATFV = ________________________________________________ Gold:  ATFV = __________________________________________________________ Clearly type the formula for each of the investments.  All variables must contain values (i.e., numbers, not letters!).

The rate of reaction increases with an increase in the substrate concentration (According to the lab manual)

Enzyme activity is measured by the height of the    

Which of the following entries would be made to record the purchase of inventory on account if a company uses the perpetual inventory system?

Lincoln replaced McClellan as Union commander because McClellan was overly aggressive.

Mexico’s independence from Spain slowed American expansion westward.