1-in-6 wins alan decides to use a different strategy for the 1-in-6 wins game of exercise 85. he keeps buying one 20-ounce bottle of the soda at a time until he gets a winner. (a) find the probability that he buys exactly 5 bottles. show your work. (b) find the probability that he buys no more than 8 bottles. show your work.

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.