The weather on any given day in a particular city can be sunny, cloudy, or rainy. it has been observed to be predictable largely on the basis of the weather on the previous day. specfically:

if it is sunny on one day, it will be sunny the next day 1/6 of the time, and be cloudy the next day 1/3 of the time

if it is cloudy on one day, it will be sunny the next day 1/6 of the time, and be cloudy the next day 1/6 of the time

if it is rainy on one day, it will be sunny the next day 1/2 of the time, and be cloudy the next day 1/6 of the time

using 'sunny', 'cloudy', and 'rainy' (in that order) as the states in a system, set up the transition matrix for a markov chain to describe this system.

An instance where sellers should work to keep relationships with customers is when they instance where selllars should work to keep relationships with customers is when they feel that the product

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above