Every year, in the weeks surrounding certain holidays, USPS stations all over the country have a surge in parcels, which contain a lot of eventually useless gifts. USPS collects and maintains data about the number of truckloads of mail they had to deliver during these weeks. The data below demand distribution for the number of trucks that have been used in Austin, TX over the last several years; USPS believes that the current year demand will also follow a similar pattern. # of trucks 15 16 17 18 19 20
Probability 0.10 0.15 0.25 0.2 0.18 0.12
The weekly cost of owning and operating a mail truck at the central post office in Austin has been calculated as $600 per week. In the case of an emergency, trucks can be leased from a central USPS depot. This costs the Austin USPS location $1000.

Suppose USPS decides to keep 17 trucks locally for the holiday season. What would be the expected overall cost associated with that decision?

What is the optimal number of trucks that minimizes the overall expected cost? What is the corresponding cost?

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.

The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?