during december year 10, nile co. incurred special insurance costs but did not record these costs until payment was made during year 11. these insurance costs related to inventory that had been sold by december 31, year 10. what is the effect of the omission on nile's accrued liabilities and retained earnings at december 31, year 10?

Answers

Answer 1

The omission would have no effect on Nile's accrued liabilities and retained earnings at December 31, Year 10.

The insurance costs would not be recorded until payment was made in Year 11, and therefore would not be reflected in the financial statements for Year 10. Accrued liabilities are liabilities that have been incurred but not yet paid, and since the insurance costs were not recorded until payment was made in Year 11, they would not be included in Nile's accrued liabilities at December 31, Year 10. Similarly, retained earnings are the cumulative net income of a company since its inception, and since the insurance costs were not recorded until Year 11, they would not be included in Nile's retained earnings at December 31, Year 10. The word "accrued liability" refers to a business expenditure that has been incurred but has not yet been paid for. These are charges for products and services that a corporation has previously received but must compensate for in the future. A business can incur liabilities for any number of commitments, which are then documented on the balance sheet.

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Related Questions

How many times has the debt ceiling been raised ?

Answers

On October 7, 2021, the Senate decided to raise it, but merely to give the U.S. Treasury permission to borrow until that December.

What are equity and debt?

Total debt is the process of borrowing money from people or organizations for a set period of time. The money a corporation raises in exchange for investors' ownership rights is called equity capital. Role. Total debt is a risk for the business that it must repay within a set period of time.

What is debt, exactly?

Debt can be defined as the sum that the borrower owes the lender. A debt is an amount of money that has been borrowed for a specific period of time and that must be repaid, plus interest. The

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if the function describing one of the charlie's indifference curves is 100/a what is the equation for the mrs for this indifference curve?

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U(Xa, Xb) can be used to denote a utility function. You can calculate MRS by using (Xa, Xb) as a point on the indifference curve to determine the MRS. MRS, for instance, equals -Xa/Xb.

What is the indifference curve's formula?

In algebraic terms, g(t, c) is a decreasing and convex function of t for a given c if we rewrite the equation for an indifference curve U(t, y)=c in the form y=g(t, c).

How is the MRS of a utility function determined?

Therefore, the MRS can be calculated by multiplying this expression by -1 and dividing the utility function's partial derivative with respect to x1 by its partial derivative with respect to x2.

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which of the following are characteristics of a gift tax charitable deduction? it is only for the amount of the charitable gift in excess of the annual exclusion amount. it allows up to 50% of the value of the gifted property to go to charity free of gift tax. the donee charity assumes any gift tax liability. it is available only for gifts to a qualified charity. a) ii and iii b) iii and iv c) i and iv d) i and ii

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The answer is D) i and ii, It is only for the amount of the charitable gift in excess of the annual exclusion amount and allows up to 50% of the value of the gifted property to go to charity free of gift tax.

Which are characteristics of a gift tax charitable deduction?

The concept used in this question is the gift tax charitable deduction, which is a tax deduction available to individuals who make charitable gifts.This deduction allows them to reduce their total gift tax liability by deducting the amount of their charitable gift that is in excess of the annual exclusion amount and up to 50% of the value of the gifted property that is donated to charity free of gift tax.

The donee charity assumes any gift tax liability associated with the gift.

The explanations are as follows:

Step 1: A gift tax charitable deduction is available to individuals that make charitable gifts.

Step 2: Gifts to qualified charities may be deducted from your total gift tax liability.

Step 3: The amount of the charitable gift that can be deducted is limited to the amount in excess of the annual exclusion amount.

Step 4: In addition, up to 50% of the value of the gifted property may be donated to charity free of gift tax.

Step 5: The donee charity assumes any gift tax liability associated with the gift.

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in a swot analysis, the prospect of entering new markets and launching new products would be listed under _______.
a. threats b. weaknesses c. opportunities d. strengths

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Opportunities in a SWOT analysis might include the potential for expanding into new markets and introducing new goods.

What are some applications of SWOT analysis?

The SWOT analysis measures a company's strengths, weaknesses, opportunities, and threats. The internal strengths and weaknesses of your business are aspects over which you have some control and where improvements may be made. Examples include your team members, your patents and intellectual property, and where you are.

Which four areas does SWOT analysis cover?

Strength, Weakness, Opportunity, and Threat, or SWOT, are its initials. A SWOT analysis helps you pinpoint the advantages and disadvantages (S-W) of your company as well as potential threats and opportunities (O-T). Gaining a more complete understanding of the issue is beneficial for both strategic planning and decision-making.

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the radius of the procedural outer area of class c airspace is normally

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20 NM, An Outer Area is indeed the procedural counterpart to Class C airspace, even if it doesn't call for any regulatory action. An outer area's normal radius from the main Class C airport is 20 nautical miles.

What are the boundaries of Category C airspace on the sides?

Class C airspace is constructed as two concentric rings centred on the airfield reference point using Standard Lateral Dimensions. The radius of the inner circle, also known as the surface, should be 5 NM. The outermost concentric circle shouldn't surround the airport point of comparison by more than 10 NM.

What distinguishes Class C from Class D airspace?

Around terminals with a modest degree of traffic, category C airspace is used. Class D airports are those that are smaller and Having a control tower An ICAO controlled Substance and D area is used in the United States, however only radio communication with ATC instead of an ATC permission is necessary for VFR operations.

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mohammad ishaque has checked his credit report with experian and believes there is an error in it. which consumer protection law specifies that he has the right to have incorrect information reinvestigated and removed?

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According to the Fair Credit Reporting Act, he has the right to have false information examined and erased.

What precisely is the Fair Credit Reporting Act?

The Fair Credit Reporting Act is a piece of law adopted by the United States Federal Government to improve the truth, fairness, and privacy of consumer information kept in the files of consumer reporting organizations. It was designed to protect customers from the intentional and/or careless inclusion of incorrect data in their credit reports. The FCRA governs the acquisition, transmission, and use of consumer information, including consumer credit information, to that goal. The FCRA, together with the Fair Debt Collection Practices Act, is the cornerstone of consumer rights legislation in the United States. It was enacted in 1970 and is enforced by the Federal Trade Commission, the Consumer Financial Protection Bureau, and private plaintiffs in the United States.

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A merchandising business that sells to those who use or consume the goods. answer choices. a. retail merchandising business. b. wholesale merchandising business.

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Retail merchandising business involves selling goods directly to consumers.

What is Retail merchandising?

Retail merchandising is the process of selecting, pricing, and displaying products in a retail store in order to maximize sales and profits. It involves analyzing customer needs, creating a product mix that meets those needs, setting prices that are competitive yet profitable, and arranging products in an attractive manner.

This type of business typically operates in a physical store, such as a department store, grocery store, or specialty shop. Wholesale merchandising business involves selling goods to other businesses who then resell the goods to consumers. This type of business typically operates online or through a distribution network.

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Assume that a company produced 10,000 units and sold 8,000 units during its first year of operations. It has also provided the following information: Per Unit Per Year Selling price $ 240 Direct materials $ 85 Direct labor $ 60 Variable manufacturing overhead $ 10 Sales commission $ 11 Fixed manufacturing overhead $ ? Fixed selling and administrative expense $ 250,000 If the company’s unit product cost under absorption costing is $208, then what is the amount of fixed manufacturing overhead per year?

Answers

The amount of fixed manufacturing overhead per year is $390,000

How to Calculate the unit cost?

Cost of goods sold and unit costs are equivalent terms (COGS).

The costs both fixed and variable involved in producing a good or service are all included in this accounting measure.

Direct material per unit = $85

Direct labor per unit = $60

Variable manufacturing overhead per unit = $10

Fixed manufacturing overhead per unit = ?

Unit product cost = $194

Unit product cost = Direct material per unit + Direct labor per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit

194 = 85 + 60 + 10 + Fixed manufacturing overhead per unit

Fixed manufacturing overhead per unit = $39

Number of units produced = 10,000

Total Fixed manufacturing overheads = Fixed manufacturing overhead per unit x Number of units produced

= 39 x 10,000

= $390,000

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test that the expected price of a house of 2000 square feet is equal to, or less than, $120,000. what is the p-value of the test?

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$60 per square feet is the p-value of the test. The probability that you would have discovered a specific collection of observations if the null hypothesis were true is expressed as a number called the p value.

Which is determined from a statistical test. In order to determine whether to reject the null hypothesis, P values are utilised in hypothesis testing. The likelihood that the null hypothesis is correct is P > 0.05. The likelihood that the alternative probability is correct is equal to 1 minus the P value. If the test result is statistically significant (P 0.05), the test hypothesis is unreliable or needs to be rejected. If the P value is higher than 0.05, no effect was seen.

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as a follow-up to her annual testing, isabella would like to conduct quarterly disaster recovery tests. these tests should include role-playing and introduce as much realism as possible without affecting live operations. what type of test should isabella conduct?

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Isabella should perform a desktop crash recovery test. This is a type of test which involves a group of participants simulating a disaster scenario in a safe, controlled environment.

The purpose is to practice disaster response and test the recovery plan. The test should include role playing and as much realism as possible, but should not affect live operations. The group should consist of key personnel involved in disaster response, including executives, IT personnel, business unit leaders, and other stakeholders. The test should also include a facilitator who will lead the discussion and ensure that the objectives of the exercise are met.

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as of january 1, 2014, the company has $300,000 in retained earnings. during the year the company had earnings/net income of $150,000 and paid cash dividends of $50,000. what is the amount of retained earnings as of december 31, 2014?

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As of january 1, 2014, the company has $300,000 in retained earnings. during the year the company had earnings/net income of $150,000 and paid cash dividends of $50,000. The balance the ending retained earning is $400,000

The amount of retained earnings on the balance sheet is determined using the beginning period, any net income or loss, and any dividends.

The following chart illustrates how the ending retained earning balance was calculated:

= Beginning retained profits plus earning minus dividend paid

= $300,000 + $150,000 - $50,000

= $400,000

Consequently, $400,000 is the final retained earning balance at december 31, 2014

The same needs to be taken into account and applied.

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which peripheral device is best for capturing a customer's signature when they check out at a convenience store or supermarket?

Answers

Electronic signature pads and ID card design software can be used to add signatures to the front or back of ID cards and badges.

What is a signature pad used for?

Signatures can be added to the front or back of ID cards and badges using electronic signature pads and ID card design software. In addition to these additional uses, signature pads are also used to sign papers that are stored electronically. Input devices, output devices, and storage devices make up the three categories of peripherals that are most frequently used.

An external or internal device that is directly connected to a computer or other digital device is referred to as a peripheral device if it has a purpose other than the computer's main one, which is to perform computations. It facilitates the usage of a computer's features by end users.

A computer's peripheral, also known as a peripheral device, is an auxiliary tool used to input and output data.

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in addition to cost, quality and access, which can be considered a building block of health systems?

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Answer:

Another building block of health systems is organization and governance. This includes the structure and management of the health system, as well as the policies and regulations that govern it. Additionally, Human Resources for Health (HRH) is also considered as one of the building block of health systems. This includes the availability and training of healthcare personnel, as well as their distribution and deployment within the system.

If I helped you, could you please make my answer as best?

4. assets taken out of a business for the personal use of the owner are called (a) net income. (b) net loss. (c) investments. (d) withdrawals.

Answers

Assets taken out of a business for the personal use of the owner are called (c) investments.

Investments could include withdrawing funds from a business account to purchase items for personal use, or taking out a loan from the business in order to make a personal purchase.

The tax implications of such investments should be carefully considered, as the owner may be liable for tax on the income generated from these investments. It is also important to remember that the funds taken out of the business must be repaid in order for the business to remain financially viable.

Taking out investments without proper planning could lead to significant financial losses for the business.

Assets taken out of a business for the personal use of the owner are called investments. These can range from stocks and bonds to real estate and cash. Investing in your business is a great way to ensure its long-term growth and success.

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how did southern democrats most likely react to stephen douglas’s freeport doctrine?

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A Federal Slave Code was demanded by the South as a result of the Freeport Doctrine. They demanded that the Federal Government ensure the right to slavery in all territories.

Why was Douglas Plan a source of ire for politicians from the southern states?

Democrats in the South worried Stephen Douglas' support for popular sovereignty would not go down well with southern voters. While popular sovereignty gave people the power to decide whether to allow slavery in their country, it did not guarantee that newly created states would agree to allow slavery to spread throughout the west.

What possible harm could the Freeport Doctrine do to Douglas' political reforms in the South?

Douglas's reaction, in which he claimed that slavery could only continue in places with support from local police restrictions, is where the Freeport Doctrine was derived.

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All of the following are part of the FASB conceptual framework: (Select all that apply).A,Multiple select question.B,ElementsC, ObjectivesD, Recognition and measurementE, Assumptions

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A,C,D, and E are all part of the FASB conceptual framework. The elements of the framework include assets, liabilities, equity, income, expenses, and gains and losses

What is liabilities ?

Liabilities are a company's financial obligations or debts. They are usually listed on a company's balance sheet and can include items such as accounts payable, loans, mortgages, deferred revenues, and accrued expenses. Liabilities also represent the future sacrifices of economic benefits that an entity is required to make to other entities in order to settle a present obligation.

The objectives of the framework are to provide the basis for making accounting decisions, to guide the selection of accounting policies, and to provide a useful tool for resolving accounting issues. The recognition and measurement component of the framework includes the recognition and measurement of assets, liabilities, and equity, as well as the recognition and measurement of income and expenses. Finally, the assumptions component of the framework includes the economic entity assumption, the going concern assumption, the periodicity assumption, and the monetary unit assumption

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an uncontrollable aspect of the domestic environment that can have a direct effect on the success of a foreign venture is

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Political/legal forces, market circumstances, and competition are example of uncontrollable home elements that might negatively affect a foreign business enterprise.

Why is it termed legal?

Law-abiding conduct is defined as being lawful, legal, legitimate, or licit. Lawfulness can refer to adherence with any type of legislation . Legal refers to something that is permitted by law either in compliance with the law, particularly as it is established or applied by the courts.

What do the laws are there to protect?

It includes social, economic, and rights in addition to civil and political rights: Equality rights. Lack of Sensitivity. Right to liberty, liberty, and security of person. emancipation from servitude.

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what is the purpose of the auditor? multiple choice question. to report taxable income to the irs. to provide investment advice. to add credibility to the financial statements.

Answers

The auditing is done to give the financial statements more credibility and to give the users of the financial statements an independent auditor's view on whether or not the financial statements are presented fairly in compliance with the applicable financial reporting framework.

An independent auditor's opinion on whether the financial statements are honestly presented in compliance with the appropriate financial reporting framework is provided to users of financial statements as part of the audit process. An audit is the examination of an organization's accounting records by an auditor, who may then physically examine the inventory to ensure that transactions are accurately documented and tally with what is stated in the book of accounts. To assess the veracity of financial accounts, work is being done.

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what sport marketing giant was originally known as blue ribbon sports?

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Nike was first introduced on January 25, 1964, by University of Oregon track athlete Phil Knight and his coach Bill Bowerman as Blue Ribbon Sports (BRS).

What used to be known as Blue Ribbon Sports?

The American sportswear corporation Nike, Inc., formerly known as Blue Ribbon Sports, has its headquarters in Beaverton, Oregon (1964–1978). Bill Bowerman, the University of Oregon's track & field coach, and Phil Knight, a former student, established it as Blue Ribbon Sports in 1964.

What was the debut item from Blue Ribbon Sports?

Phil Knight, the founder of Nike, did not begin his shoe business by creating his own but rather by selling imported Japanese shoes from the company Onitsuka. His first business was known as Blue Ribbon Sports. At track meets, he originally sold shoes out of the trunk of his car.

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write
the full abbreviation of franco​

Answers

Applied to several adjectives and nouns, with or against France war between France and Germany.

What is an acronym's entire form?

a printed word or phrase that has been abbreviated and substituted for its entirety. Amount is denoted by the abbreviation "amt. the act or outcome of shortening something: abridgment. "USA" is an abbreviation for "United States of America.

What is Paris's complete name?

The Industrial Property Rights Paris Convention.

What does the term "foreign office" stand for?

Over 14,000 individuals serve in approximately 270 diplomatic offices across The Foreign & Commonwealth Office's (FCO) global network of embassies and consulates.

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sarah is an actively licensed broker for xyz realty, a registered real estate brokerage corporation. she has an opportunity to buy an existing real estate corporation, bbd realty, inc., in a town which is located 25 miles away. sarah wants to become the only broker for both corporations; however, she does not wish to change the name or combine the two corporations. how may sarah accomplish this?

Answers

She has the chance to purchase BBD Realty, Inc., an existing real estate company in a town 25 miles away.

Which company can legitimately apply to become a real estate brokerage?

Joint ventures and corporations cannot register as real estate brokers. To provide brokerage services, a general partnership may apply for registration with the DBPR. True partnerships do not exist in apparent or quasi-partnerships.

What responsibilities does the broker have to the client?

When a broker becomes a client's fiduciary, he or she has a duty to treat the client's account with the utmost good faith, reasonable care, and loyalty. The broker also has a responsibility to stay informed of market changes that could affect the interests of the client, to act responsibly to protect those interests, and to keep the client's account in good standing.

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absolute and comparative advantage problems for each of the next four problems, answer the three letters below (make sure you show your work to receive full credit): a. whether the problem is an input or out. b. which entity has the absolute advantage in each item (for example, dr. rhine has the absolute advantage in cleaning dishes while his wife has the absolute advantage in laundry). c. which entity has the comparative advantage for the products? within this answer, you should also tell me which entity is specializing in that item.

Answers

Consequently, the theory did not consider the possibility of multilateral commerce between nations. Free trade between nations was another tenet of the Absolute Advantage Theory. The protectionist policies established by various nations were not taken into consideration.

What is Absolute Advantage?Absolute advantage, as used in economics, refers to an economic agent's ability to generate more of a good than its rivals. This ability can be possessed by either an individual or a group. Absolute advantage was first mentioned by Scottish economist Adam Smith in his 1776 book "An Inquiry into the Nature and Causes of the Wealth of Nations," which defined it as a country's innate capacity to create more of a good than its rivals throughout the world.In order to explain the benefits of free trade on the global market, Smith also used the idea of absolute advantage. He postulated that countries' unquestionable advantages in certain commodities would enable them to profit simultaneously from imports and exports, further highlighting the significance of free international trade in the context of the global economic system.

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sales $ 300,000 beginning merchandise inventory $ 20,000 purchases $ 200,000 ending merchandise inventory $ 7,000 fixed selling expense $ ? fixed administrative expense $ 12,000 variable selling expense $ 15,000 variable administrative expense $ ? contribution margin $ 60,000 net operating income $ 18,000

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Todrick Company is a merchandiser that reported the following information based on 1,000 units sold. Fixed selling expense is $30,000.

Cost of goods sold = $213,000 ($20,000 + $200,000 - $7,000).

The variable administrative expense ($12,000) shown above is calculated as follows:

(a) $ 300,000 in sales

(a) $ 60,000 contribution margin

Total variable costs (a) $ 240,000 (b)

(a) $ 240,000 in total variable costs

$ 213,000 in cost of goods sold

15,000 in variable selling expenses

(a) $ 228,000 cost of goods sold plus variable selling expenditure

(a) $12,000 Variable administrative expense

The fixed selling expense ($30,000) shown above is calculated as follows:

(a) $ 60,000 contribution margin

(a) $ 18,000 in net operating income

Total fixed costs (a) $ 42,000 (b)

Total fixed expenses (a) $42,000

(a) $ 12,000 fixed administrative costs

Fixed selling costs (a) $ 30,000 (b)

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Correct question:

Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:

Sales $ 300,000

Beginning merchandise inventory $ 20,000

Purchases $ 200,000

Ending merchandise inventory $ 7,000

Fixed selling expense $ ?

Fixed administrative expense $ 12,000

Variable selling expense $ 15,000

Variable administrative expense $ ?

Contribution margin $ 60,000

Net operating income $ 18,000

Prepare a contribution format income statement.

the primary conversion for a lead generation site is____

Answers

A visitor's phone call and a website form fill are the two main conversions for a content marketing site.

What three things does a website serve?

A website might be a terrific idea if you want to increase the number of leads for any local shopping website, sell things in an online store, or establish your own online presence.

Why are websites so important to companies?

You have the opportunity to enter new markets and reassure potential buyers that your business is reputable by having a good and friendly website.

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how do your values play a role in the groups, organizations, or career opportunities you decide to be a part of

Answers

Knowing your values can help you not only choose the profession you really want, but it can also help you make better decisions at work and ease the transition if you decide to take on a completely different role.

A job in freelancing or entrepreneurship may appeal to you if you place a high importance on independence. You might choose to pursue a career in academics if lifelong learning is one of your core principles. Beginning your career may also assist you in realizing your values by the enabling you to move into a role that more accurately represents them.

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Your company will generate $68,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8. 5 percent, what is the present value of the savings?

Answers

A production expense known as a variable cost can go up or down in response to shifts in a firm's manufacturing activities.

What causes such high interest rates?

Therefore, why are bond yields increasing? The most straightforward argument is that rising inflation is the source of rising interest rates. The Federal Reserve raises interest rates in an effort to stifle inflation by curbing economic expansion. This trend is anticipated to last through the end of 2023 and into 2023.

What is an example of an interest rate?

For instance, if we borrow $100 at 5% interest, your repayment to the lender will be $105 dollars. The money lender will profit $5. You might come across a variety of interests throughout.

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supreme inc. offers a 3-year extended warranty for all its products. on january 1, of the current year the company collects $45,000 relating to extended warranty contracts. what entry should supreme make on december 31, of the current year?

Answers

Journal Entry: Debit $45,000 from cash and credit it to deferred revenue.

The business must report $15,000 in deferred revenue and $15,000 in revenue from an extended warranty. The money that has been paid for the extended warranty contracts but has not yet been earned is shown as deferred revenue in the balance sheet. The money that has been made from the extended warranty contracts is shown in the revenue—extended warranty account.

Calculation:

Deferred revenue = $45,000 - $30,000 = $15,000

Revenue - extended warranty = $30,000

The $30,000 indicates the revenue generated by the extended warranty agreements. This is computed by deducting the amount that has not yet been earned ($15,000) from the total amount collected ($45,000.)

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a financial advisor schedule an introductory meeting

Answers

The initial encounter between a financial planning and a potential client is crucial since it establishes a client's first impression.

What exactly does financial planning entail?

Establishing a company's ability to afford its strategic objectives and goals is the responsibility of financial planning. A business often develops a financial plan as soon as the vision and goals have been established.

Why is preparing your finances so important?

With a well-defined financial plan, you have a measurable goal to work toward. You may make adjustments to help you get beyond any obstacles since you can track your progress, which removes any uncertainty or doubt about your decisions.

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net income is the amount you get paid before taxes.

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It is calculated by subtracting all of your expenses from your total revenue. Net income is also known as "net profit" or "net earnings".

What is net income calculated by?

Net income is determined by deducting total expenses from total revenue. Total expenses include all costs associated with running a business, such as purchases, wages, and taxes.

Total revenue includes all of the money a company brings in from sales, investments, and other sources. Net income is calculated by taking the total revenue and subtracting all of the expenses associated with running the business.

This calculation is important because it provides a measure of how profitable the company is. It can be used to inform decisions on how to allocate resources and help identify areas of improvement. Additionally, it is used to calculate dividends and other distributions of company profits.

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reduce inventory of slow-moving and obsolete products a. how do the sales of each product compare with forecasts?

Answers

Sales of each product should be compared to the forecasted sales to identify which products are slow-moving or obsolete. If sales of a particular product are significantly lower than the forecasted sales, then it is likely a slow-moving or obsolete product.

What are the best practices for disposing of slow-moving and obsolete products? When it comes to disposing of slow-moving and obsolete products, there are a few best practices to follow.First, assess the value of the product. If it has little to no value, it may be best to donate the product to a charity or organization that can put it to use. This also provides a tax benefit for the company.Second, consider liquidation. If the product has some value, it may be worthwhile to sell it to a liquidator in order to recoup some of the cost.Third, consider recycling. If the product cannot be sold, then it should be recycled or otherwise disposed of in an environmentally responsible manner.Finally, document the process. Make sure to keep track of all the steps taken to dispose of the product, as this will be useful for future reference.By following these best practices, companies can ensure that slow-moving and obsolete products are disposed of in the most efficient and cost-effective manner.

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Other Questions
GIVING 50 POINTS FOR THE RIGHT ANSWER!!!! What is 34 + 4/9 x 1/2 It is a cold, dark, and stormy winter morning. Your boss has called a 5 a.m. meeting before she leaves to catch a flight to the Bahamas for her vacation, and there is a power outage. Your alarm does not go off and you sit up in bed with a fright at what you guess is about 4:45 a.m. You are trying frantically to get dressed and you need to reach into your sock drawer to get two matching socks in the dark. Naturally, your mind wanders to solving probability equations. Your sock drawer contains 20 total socks which consist of 10 matched pairs of socks. All of them are only black or white and they are loose, disorganized randomly, and not bound together. This means you have 10 black socks and 10 white socks in your disorganized drawer. You do not have a light source because your phone did not charge and you cannot find a flashlight or a candle. You are completely in the dark! You have to get dressed and go! You have to math fast! 1. Think for a minute and describe your optimal strategy for solving this problem in 50 words or less. 2. Lets say for a moment that all 20 socks are different colors meaning that none match. What is the total number of different ways they could be combined in pairs? 3. Now consider all the socks are only black and white. What is the total number of different ways they could be combined in pairs? (Suggestion: You might consider listing the sample space of all possible outcomes.) For the remaining problems, lets go back to the assumption that there are 20 total socks, 10 white and 10 black. This makes 10 total matching pairs of 5 pair of white and 5 pair of black. catherine jones has determined the following information about her own financial situation. her checking account is worth $850 and her savings account is worth $1,200. she owns her own home that has a market value of $119,000. she has furniture and appliances worth $12,000 and a home computer and laptop worth $3,300. she has a car worth $12,500. she has recently purchased a mutual fund worth $5,500 and she has a retirement account worth $38,550. what is the value of her real estate assets? multiple choice $171,900 $119,000 $2,050 $44,050 $27,800 the most distinctive characteristic of the experimental method is that it Round 0.814 to the nearest hundredth. using the tax rate schedule in exhibit 4-6, determine the amount of taxes for the following taxable income amounts: 50000 of the following, turnout among young voters is likely to be highest among Growth that increases at a constant percentage per unit time is known as_____ growth Put the following equation of a line into slope-intercept form, simplifying all fractions.2x+4y=16 10 pts.!!!!! You select a marble without looking and then put it back. If you do this 7 times, what is the best prediction possible for the number of times you will pick a marble that is not orange?ASAPPPPPPPPP PLSSS ITS GRADED match the combining form ischi/o with its closest definition. select one: a. ilium b. ischium c. hump d. lamina Two people push on a shopping cart from opposite sides. In which situation will the motion of the shopping cart stay the same? A. The two people push with different amounts of force. B. One of the people stops applying a force. C. One of the people applies twice as much force. D. The two people push with a balanced face Water is flowing from a horizontal pipe 48 feet above the ground. The falling stream of water has the shape of a parabola whose vertex (0, 48) is at the end of the pipe (see figure). The stream of water strikes the ground at the point (10 sqrt3 , 0). Find the equation of the path taken by the water What i the correct biological term for the proce by which lime mould engulf food? Julia: Cunto dinero ganas cada mes?Mateo: Cada mes yo ___________ 200.000 pesos. A. gano B. gana C. gan D. gan under the uniform securities act, an agent may engage in which of the following transactions? i performing investment advisory services for customers as long as they are solely incidental to his work as a broker and no fees are charged ii soliciting orders for non-exempt unregistered securities if he is registered in the state iii effecting transactions in a state where he is not registered, but where the broker-dealer is registered iv effecting transactions in a state where the broker-dealer is not registered, but where he is registered A nurse is preparing to administer ampicillin 1.5 g IV bolus. The nurse reconstitutes a vial of ampicillin to yield a final concentration of 30 mg/mL. how many mL? you are studying the basic emotions of 11-month-olds from the united states and china. what differences would you expect in how these basic emotions are expressed? expresa con una fraccin cada situacion. a) la temperatura ambiente es un tercio bajo cero a central tenet of the 2010 health care reform bill in the united states was . group of answer choices deregulation of medical doctors and services provided by them a single-payer nationalized health care system fee-for-service payments affordable insurance through a new insurance marketplace