Zero-based budgeting requires the preparation of budget from scratch

Indicate whether the statement is true or false

T

Business

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The owner of a fish market determined that the average weight for a catfish is 3.2 pounds with a standard deviation of 0.8 pound. Assuming the weights of catfish are normally distributed, the probability that a randomly selected catfish will weigh less than 2.2 pounds is ________

Fill in the blank(s) with correct word

Business

A U.S. Corp purchased a computer from a French firm on July 1, 2020, when a Euro cost $0.25 . The U.S. firm will be required to pay the French manufacturer 75,000 Euros on August 1, 2020, when the Euro costs $0.23

Required: Make the necessary journal entries for the U.S. firm on July 1 and August 1.

Business