Newspaper Boy Problem: Daily demand for a newspaper is independent and identical. Demand can be characterized as follows: Demand in Units 10 20 30 40 50 Probability 0.20 0.20 0.20 0.20 0.20
Cost of the newspaper is $1. The newspaper is sold to customers for a price of $1.40. Any unsold newspapers at the end of the day have to be sold as waste, and yields a revenue of $0.25 per copy. How many newspaper must be stocked at the start of the day? Simulate for 100 days, and draw your conclusion.

Which of the following statements is true regarding the definition of a fund? a fund is a fiscal entity which is designed to provide reporting that demonstrates conformance with finance-related legal and contractual provisions separately from gaap reporting. a fund exists to assist in carrying on activities and attaining objectives where there are no specific rules or restrictions. a fund is an accounting entity which is designed to enable reporting in conformity with gaap without being restricted by legal or contractual provisions. a fund is a mechanism developed to provide accounting for revenues and expenditures that are subject to certain restrictions separate from revenues and expenditures that are not subject to restrictions.

The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?

Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.