What is FR(N)? How is it calculated? How are FR(N) and MTBF related?
What will be an ideal response?
FR(N) is the number of failures during a period of time. It is the ratio of number of failures to number of unit-hours of operation time. MTBF is the reciprocal of FR(N).
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For the year ending December 31, 2019, the partnership reported a net loss of $147,000. What is Peter's share of the net loss?
Nancy and Peter enter into a partnership and decide to share profits and losses as follows: 1. The first allocation is a salary allowance with Nancy receiving $13,000 and Peter receiving $11,000. 2. The second allocation is 15% of the partners' capital balances at year end. On December 31, 2019, the capital balances for Nancy and Peter are $82,000 and $18,000, respectively. 3. Any remaining profit or loss is allocated equally. A) $13,700 B) $54,000 C) $5800 D) $67,700
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