Answer appropriately

Lambda - Arrival Rate (Calls per Minute) Mu - Service Raie(Calls per Minute) Servers 11: Time Server Bus rho Probability of 0.503 0.333 0.1 10 0.030 0.01 2 0.0003 0.00003 In the s stem CUSTOMERS CUSTOMERS CUSTOMERS 0.74 0.07 0.03 0.01 TIME (Minutes) TIME (Minutes) TIME (Minutes) Time in System t(s) Y 4.33 4.38 Time in Line -I Y 0.53 0.03 TIME (Seconds) TIME (Seconds) TIME (Seconds) Time in System I(s) Y 239.7 201 .5 Time in Line I Y 31.7 3.5 Number in System n(s) Number in Line n I Y Y Apps ) New Tab CanipeWhitney 0 Shared with Sydney Following is a series of independent cases. In each situation, indicate the cash distribution to be made at the end of the liquidation process. Unless otherwise stated, assume that all solvent partners will reimburse the partnership for their deficit capital balances. a. The Simon, Haynes, and Jackson partnership presently reports the following accounts, Jackson is personaly insolvent and can contribute only an additional $10,000 to the partnership. Simon is also insolvent and has no available funds. $ 50,000 Liabilities 42,000 Haynes, loan 50,000 Simon, capital (40%) 36.000 Haynes, capital (2096) (26,000) Jackson, capital (40%) (52,000) Simon, Haynes, Capital Loan and Jackson. Capital Capital Beginning balances Contribution by Jackson Capital balances Elimination of Jackson's deficit Final distribution b. Hough, Luck, and Cummings operate a local accounting firm as a partnership. After working together for several years, they have decided to liquidate the partnership's property. The partners have prepared the following balance sheet: Cash $ 40,000 Liabilities $ 36,000 Hough, loan 41,000 Luck, loan 30.000 Noncash assets 202,000 Hough, capital (50%%) 150,000 Luck, capital (40%) 26,000 Cummings, capital (10%) 41.000 Total assets $283,000 Total Habilities and capital $283,000 The firm sells the noncash assets for $100,000; it will use $41,000 of this amount to pay liquidation expenses, All three of those partners are personally insolvent. Allocation based on 50:40:10 for Hough, Luck and Cummings capital respectively. Hough, Loan and Luck, Loan cummings, and Capital Capital Capital Beginning balances Loss on disposal Liquidation exporises Capital balances Allocation of Luck's deficit Final distribution O Type here to searchD Answer Questions 7-11 using information below. Motorists can have one of two types of vehicle insurance - third-party insurance or full insurance. An insurance company has found that 23% of the motor vehicles have only a third-party insurance policy. On a given weekend, 35 motorists are involved in traffic accidents: Question 7 1 pts What is the probability that 9 motorists had only a third-party insurance? (Provide your answer to 4 decimal places) Question 8 1 pts What is the probability that less than 7 motorists had only a third-party insurance? (Provide your answer to 4 decimal places)D Question 9 2 pts Many economists believe that O the corporate income tax satisfies the goal of horizontal equity. O the corporate income tax does not distort the incentives of customers. O the corporate income tax is more efficient than the personal income tax. O workers and customers bear much of the burden of the corporate income tax. Previous Next