A cashier at Carter's cafeteria can total an average of 2.2 trays per minute. The probability that the cashier will total exactly four trays in a minute is:

a. 0.9275.
b. 0.8918.
c. 0.1082.
d. 0.0992.
e. 0.1169.


C

Business

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Paul and Roger are partners who share income in the ratio of 3:2 . Their capital balances are $90,000 and $130,000, respectively. Income Summary has a credit balance of $50,000 after the second closing entry. What is Roger's capital balance after closing Income Summary to the capital accounts?

a. $155,000 b. $150,000 c. $110,000 d. $115,000

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The marketing department is primarily responsible for establishing the sales forecast.

Answer the following statement true (T) or false (F)

Business

When goods are received, the receiving clerk sends copies of the receiving report to the inventory control clerk and the AP clerk

Indicate whether the statement is true or false

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According to the ________ clause, when the insured has purchased insurance policies from more than one insurer, the loss will be apportioned among the insurance companies.

A. exculpatory B. pro rata C. valued D. coinsurance

Business