Several years ago, kurt paid $15,000 for 1,000 shares of stock in abc. during the current year abc declares a three-for-one stock split. shortly thereafter, kurt sells 1,000 shares of abc stock for $12,000. his recognized gain on the sale of the 1,000 shares is: a. $7,000.b. $2,000.c. $0.d. $12,000.e. $5,000.

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?