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Business, 24.10.2019 23:43 makaylahunt
Barber college is the best deal in town! for only $5, you can get a shampoo and cut by any one of four untrained stylists completed in 7.5 minutes on average. perhaps this is why customers show up on average two minutes apart (both interarrival times and service times are exponentially distributed). management is concerned about the waiting time for customers and decides to train one more student. if the arrival and service rates remain the same as in the original scenario, what happens to the number of customers in the system?
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Business, 23.06.2019 02:50
Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?
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Business, 23.06.2019 04:40
2. a computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000, and an estimated useful life of five years. determine the second year’s depreciation expense using the straight-line method.
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