The average starting salary offer for accounting majors who graduated in 2007 was $46,292. (Source: National Association of Colleges and Employers, Salary Survet, Fall 2007.)Assume that X, the starting salary offer for accounting majors in the class of 07, is normally distributed with a mean of $ 46,292 and a standard deviation of $ 4,320.Use the following Standard Normal Distribution tool to help you answern the questions that following. Standard normally Distribution Mean =0.0 and standard deviation =1.0 The probability that a randomly selected accounting major from the class of 07 received a starting salary offer greater than $ 45000 and $ 52,350 What percentage of accounting majors received a starting offer between $ 38,500 and $ 45,000?

Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.