"A local gas station waits 4 days to receive a delivery of regular gasoline to replenish its inventory. During the wait period the demand for regular gasoline follows the normal distribution with a mean of 900 gallons and standard deviation of 100 gallons. Determine the reorder point that will ensure the station a 95% probability that it will have enough inventory of regular gasoline until the next order arrives? (careful critical thinking required). Round to 1 decimal, for example, 1300.5"

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.