ANSWER IS B 20,640 Clinton Company sells air purifiers to customers for $150 per unit. An overseas company supplies the purifiers for $80 per unit. All sales are for cash and the company pays the supplier immediately. The company has budgeted the following data for the first quarter: January February March Sales (in units) 2,000 2,500 2,100 Cash, beginning balance $42,000 ? ? Selling and administrative (of which depreciation, $8,000) $205,000 $205,000 $205,000 Required minimum cash balance $20,000 $20,000 $20,000 3 If necessary, the company will borrow cash from a bank through their credit-line arrangement on the first day of each month. Assume that they can borrow in increment of $1,000. The bank requires an interest payment at the end of each month at a monthly rate of 1%, starting from the first month when the company borrows cash. What is the closest amount of cash balance on February 1? A. $ 30,959 SALES B. $ 20,640 C. $ 30,920 D. $ 30,340 E. None of the above

Answers

Answer 1

The amount of total cash balance is B. $20,640. therefore, correct option is B


To find the cash balance on February 1, follow these steps:

Step 1: Calculate January's sales revenue and cost.
Sales revenue = 2,000 units * $150/unit = $300,000
Cost of goods sold = 2,000 units * $80/unit = $160,000

Step 2: Calculate January's cash balance after sales and cost.
Beginning cash balance + Sales revenue - Cost of goods sold - Selling and administrative expenses
= $42,000 + $300,000 - $160,000 - $205,000 = -$23,000

Step 3: Calculate the borrowing amount for January.
Required minimum cash balance - Cash balance = $20,000 - (-$23,000) = $43,000

Step 4: Calculate the interest payment for January.
Interest payment = $43,000 * 1% = $430

Step 5: Calculate the cash balance on February 1.
Cash balance + Borrowing amount - Interest payment = -$23,000 + $43,000 - $430 = $20,640

The Correct Value for total cash balance is B. $20,640.

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Related Questions

which word best describes the writing process in business writing ?

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Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing

verify describe the distillation process of alcohol​

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It’s a process that can be used to separate pure liquids from a mixture of liquids

What are three elements of negligence?
Actual Harm
Breach of duty
State of mind
Duty of care
Proximate cause
Motive

Answers

Answer:

actual harm

breach of duty

duty to act

how are wages determined in a free market?

Answers

Answer:

Classical economists argue that wages—the price of labor—are determined (like all prices) by supply and demand. They call this the market theory of wage determination. ... Long story short: the price of labor is determined in the free market just like every other price, by the intersection of supply and demand.

Explanation:

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If the fed wanted to expand the money supply as part of an antirecession strategy, it could?

Answers

The Federal Reserve could expand the money supply as part of an anti-recession strategy by taking a number of actions.

First, the Federal Reserve could reduce the federal funds rate, which is the rate at which banks lend to each other. This could be done by buying government bonds from banks, which would increase the money supply and lower the rate.

Second, the Federal Reserve could engage in quantitative easing by purchasing government bonds and other assets from banks. This would increase the money supply and provide liquidity to the banking system.

Third, the Federal Reserve could engage in open market operations by buying and selling government securities. This could be used to increase the money supply and provide liquidity to the banking system.

Finally, the Federal Reserve could reduce reserve requirements, which are the number of money banks must hold in reserve in order to lend money. This could be used to increase the money supply and provide liquidity to the banking system.

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Which best describes the facilities involved in the Healthcare cluster?

Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Some facilities are privately owned businesses that are owned by people who want to make money, and some facilities are nonprofit hospitals.
Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Many facilities are nonprofit clinics with the rest of the facilities owned and operated by private individuals to make a profit.

Answers

Answer: (C) Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.

Answer:

C. government

jared's co. has total assets of $60,000 and total liabilities of $40,000. its debt-to-equity ratio is _____ . multiple choice question. 2.0 0.7 1.5

Answers

Jared's Company therefore has a debt-to-equity asset and liability ratio of 2.0, which is option A.

Total liabilities must be divided by total equity in order to arrive at the debt-to-equity ratio.

Total liabilities minus total assets equals total equity, which can be calculated:

Total equity = Total assets - Total liabilities

Total equity = $60,000 - $40,000

Total equity = $20,000

Now we can calculate the debt-to-equity ratio:

Debt-to-equity ratio = Total liabilities / Total equity

Debt-to-equity ratio = $40,000 / $20,000

Debt-to-equity ratio = 2.0

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dividends paid to corporate stockholders have already been taxed once as corporate income. TRUE OR FALSE

Answers

TRUE. Dividends given to shareholders of businesses have previously been subject to one corporate income tax.

What function do shareholders serve?

As part of their ownership of a business, stockholders are entitled to a number of privileges, including voting rights over who sits on the board of directors, dividend payments, and even a claim to a piece of any remaining assets in the event of a corporate liquidation.

Can everyone own shares of stock?

A shareholder or shareholder of a company is somebody who has shares of that company. A shareholder may be an individual, a group, or another business. Shareholders are an industry's real owners.. The shareholders gain from an increase in the value of their shares if the company does well.

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All service encounters are equally important in building good customer relationships.
a. true
b. false

Answers

The correct option is a. True

All service encounters are equally important in building good customer relationships.

A service encounter is a certain period in which the customer interacts with a particular service required by him or her.

Satisfaction in customer service comes with good interaction as it helps in a service good reputation in the market and also impacts service differentiation, quality control, and delivery systems.

One will be able to provide a good service if kept important things in mind like-

not faking promises to your customer.providing him the option needed by him or according to his particular need.always showing a positive and accepting attitude.being always polite with your customers. last but not least listen more speak less.

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A company had the following cash flows for the year: (a) Purchased land, $60,000 (b) Borrowed from a local bank, $100,000 (c) Paid employee salaries, $50,000 (d) Issued common stock, $75,000 (e) Paid dividends, $20,000 (f) Sold equipment, $130,000 (g) Sold services to customers, $120,000 What amount would be reported for net investing cash flows in the statement of cash flows

Answers

Answer:

$70,000

Explanation:

Calculation to determine What amount would be reported for net investing cash flows in the statement of cash flows

Using this formula

Net investing cash flows=(f) Equipment sold- (a) Purchased land

Let plug in the formula

Net investing cash flows=$130,000-$60,000

Net investing cash flows=$70,000

Therefore The amount thatwould be reported for net investing cash flows in the statement of cash flows is $70,000

The Reconcliation Discrepancies account Select one: a. is an account used to record and balance adjustments when a bank reconciliation is finished before it balances to zero. b. is a list of unreconciled transactions recorded after the reconciliation date. c. is used to record the balance on the bank statement before you reconcile the account. x d. is a non posting account in QBO.

Answers

The correct answer is d. is a non-posting account in QBO. The correct option is D. This account serves as a temporary holding place for unresolved discrepancies until they are resolved or corrected.

The Reconciliation Discrepancies account is a non-posting account in QuickBooks Online (QBO). It is used to track and record any discrepancies or differences found during the bank reconciliation process. When performing a bank reconciliation in QBO, if there are any unreconciled transactions or errors identified that prevent the bank balance and the QBO balance from matching, these discrepancies are recorded in the Reconciliation Discrepancies account.

This account serves as a temporary holding place for unresolved discrepancies until they are resolved or corrected. It allows for better tracking and management of reconciliation issues without affecting the actual account balances or financial statements in QBO. Once the discrepancies are resolved, necessary adjustments can be made, and the Reconciliation Discrepancies account can be cleared.

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Suppose Europeans began purchasing real assets in the United States. How would this impact the foreign exchange market for the euro and the U.S. dollar price of the euro?
Supply of euro / U.S. dollar Price of euro

Increase / Increase
Increase / Decrease
Decrease / Increase
Decrease / Decrease
Decrease / Not Change

Answers

Depreciation of the U.S. dollar will affect the exchange rate again for euro and the price of a euro in U.S. dollars.

What does it mean to diminish?

Definition: Use, deterioration, or obsolescence over time lower an asset's value. Depreciation, or the loss in value of an asset, can also be caused by other factors, such as unfavorable market conditions.

What does "depreciate" actually mean?

The annual proportion of the overall depreciation is known as the depreciation rate. For example, if a company depreciated a piece of equipment at a pace of $15,000 every year over the expected lifespan of the item, it would be a total loss of $100,000. So, 15% would be the annual percentage.

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Burke's Corner currently sells blue jeans and T-shirts. Management is considering adding fleece tops to its inventory to provide a cooler weather option. The tops would sell for $47 each with expected sales of 4,600 tops annually. By adding the fleece tops, management feels the firm will sell an additional 315 pairs of jeans at $59 a pair and 450 fewer T-shirts at $20 each. The variable cost per unit is $30 on the jeans, $10 on the T-shirts, and $25 on the fleece tops. With the new item, the depreciation expense is $27,000 a year and the fixed costs are $79,000 annually. The tax rate is 35 percent. What is the project's operating cash flow?
Multiple Choice
$32,743
$26,893
$15,017
$20,867
$18,842

Answers

To calculate the project's operating cash flow, we need to consider the incremental revenues and costs associated with adding the fleece tops to Burke's Corner's inventory.

Incremental revenue from the additional sales of jeans: 315 pairs x $59/pair = $18,585

Incremental revenue from the decrease in T-shirt sales: 450 fewer x $20/T-shirt = $9,000

Incremental revenue from the sale of fleece tops: 4,600 tops x $47/top = $216,200

Total incremental revenue = $18,585 + $9,000 + $216,200 = $243,785

Incremental cost from the additional sales of jeans: 315 pairs x $30/pair = $9,450

Incremental cost from the decrease in T-shirt sales: 450 fewer x $10/T-shirt = $4,500

Incremental cost from the sale of fleece tops: 4,600 tops x $25/top = $115,000

Total incremental cost = $9,450 + $4,500 + $115,000 = $129,950

Depreciation expense = $27,000

Fixed costs = $79,000

Operating income before taxes = Incremental revenue - Incremental cost - Depreciation expense - Fixed costs

Operating income before taxes = $243,785 - $129,950 - $27,000 - $79,000 = $7,835

Taxable income = Operating income before taxes - Depreciation expense

Taxable income = $7,835 - $27,000 = -$19,165

Taxes = Taxable income x Tax rate

Taxes = -$19,165 x 0.35 = -$6,711.75

Operating cash flow = Operating income before taxes + Depreciation expense - Taxes

Operating cash flow = $7,835 + $27,000 - $6,711.75 = $28,123.25

Therefore, the project's operating cash flow is $28,123.25.

The correct answer is not provided among the multiple-choice options.

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In general, a decrease in consumer income will have what effect on demand for normal goods?.

Answers

Income and demand for common commodities are tightly correlated, which means that as income rises, demand will follow suit and vice versa if income falls.

How does the demand for everyday commodities depend on consumer income?

A typical good is one whose demand rises as a result of an increase in consumer income. In other words, as earnings rise, so does demand for typical commodities; conversely, when wages fall or employment decreases, so does demand.

Do common goods decline when income falls?

A good whose demand increases as a result of an increase in pay, such as when a person's income increases, is referred to as a normal good. Contrarily, when income falls, as it can due to a wage cut or a layoff, the demand for regular items reduces.

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he Ginsberg Co. issued 10-year bonds on April 30, YR 1. The debt has a face value of $1,000,000 and an annual stated interest rate of 8%. Interest payments are due semiannually beginning October 31, YR 1. The market interest rate on the bonds is 10%. Ginsberg amortizes any discount or premium using the effective interest method and has a fiscal year-end of December 31. In addition, Ginsberg incurs $30,000 of bond issue costs related to this bond issue. Ginsberg uses a straight line to recognize bond issue costs at the end of each year. If Ginsberg retires 40% of the bonds on May 31, YR 2 by paying 101 (plus accrued interest), answer the following questions. Assume interest expense has been recognized up to 5/31/YR2. Cash paid ____________. Gain/Loss recognized = __________nt/Premium removed= _______. Bonds Payable eliminated=________

Answers

The answers to the questions are as follows:

a. Cash paid = $612,333.33

b. Gain/Loss recognized = -$304,333.34

c. Premium removed = $212,333.33

d. Bonds Payable eliminated = $400,000

To answer the questions, let's calculate the relevant amounts and transactions based on the given information:

Cash paid:

To retire 40% of the bonds on May 31, YR 2, Ginsberg will need to pay the bondholders 101% of the face value of the bonds, plus accrued interest.

Cash paid = 40% of face value * (1 + 101%) + accrued interest

Gain/Loss recognized:

The gain or loss recognized on bond retirement is the difference between the cash paid and the carrying value of the bonds being retired.

Gain/Loss recognized = Cash paid - Carrying value of bonds being retired

Premium removed:

If the bonds were issued at a premium, a portion of the premium will be removed upon bond retirement. This is calculated as the difference between the cash paid and the face value of the bonds being retired.

Premium removed = Cash paid - Face value of bonds being retired

Bonds Payable eliminated:

The Bonds Payable account will be reduced by the face value of the bonds being retired.

Bonds Payable eliminated = Face value of bonds being retired

Now, let's calculate these values:

Face value of the bonds = $1,000,000

Discount or premium on bonds = Market interest rate - Stated interest rate = 10% - 8% = 2%

Bond issue costs = $30,000

Bond issue costs recognized per year = Bond issue costs / Bond term = $30,000 / 10 = $3,000 per year

Cash paid:

Cash paid = 40% of face value * (1 + 101%) + accrued interest

accrued interest = face value * (Market interest rate / 2) * (5/12) = $1,000,000 * (10% / 2) * (5/12) = $208,333.33

Cash paid = 40% of $1,000,000 * (1 + 101%) + $208,333.33

Cash paid = $400,000 * 1.01 + $208,333.33

Cash paid = $404,000 + $208,333.33

Cash paid = $612,333.33

Gain/Loss recognized:

Carrying value of the bonds being retired = Face value - Unamortized discount or + Unamortized premium

Carrying value of the bonds being retired = $1,000,000 - (2% * $1,000,000 * (5/12)) = $1,000,000 - $83,333.33 = $916,666.67

Gain/Loss recognized = Cash paid - Carrying value of bonds being retired

Gain/Loss recognized = $612,333.33 - $916,666.67

Gain/Loss recognized = -$304,333.34 (Loss)

Premium removed:

Premium removed = Cash paid - Face value of bonds being retired

Premium removed = $612,333.33 - 40% of $1,000,000

Premium removed = $612,333.33 - $400,000

Premium removed = $212,333.33

Bonds Payable eliminated:

Bonds Payable eliminated = Face value of bonds being retired = 40% of $1,000,000 = $400,000

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Which repayment plan will you be placed on automatically unless you change it by contacting server.

Answers

A "standard repayment plan" is the one that will be put on automatically unless you contact the servicer to change it.

What is the standard repayment plan?

Particularly for people paying back student loans, this kind of payback schedule is regarded as being bare.

In most cases, when the payback process starts, clients are automatically put into this plan, unless they consciously modify it.

Thus, A "standard repayment plan"

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are the exact words of an expert or of an interesting or notable person and are used to add spice and wit as well as authority to speeches.

Answers

Quotations are employed to add wit and authority to talks. They are the precise words of an authority figure, an intriguing or remarkable person, or both.

How do you define authority?

the ability or right to direct, evaluate, or forbid another person's behavior. a position that demands such a right or authority. (often plural) an individual or group of persons with this status, such as an administration, police force, etc.

Which of the following three authorities exist?

Power is the capacity to impose one's will despite opposition from others. Traditional, reasoned, and charismatic are the three categories of legitimate authority, according to Max Weber. Our right to life, liberty, & property can be safeguarded by the government.

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the monetary control act of 1980 extended the fed's authority to a. impose required reserve ratios on all depository institutions. b. control the discount rate. c. control the federal funds rate. d. all of the answers are correct.

Answers

The monetary control act of 1980 extended the fed's authority to Impose required-reserve ratios on all depository institutions. Option A.

The Financial Regulation Act of 1980 fundamentally changed the Federal Reserve's role in the interbank clearing market. Among other things, the law obliged the Fed to give all custodians equal access to its payment services and to price those services competitively. granted access to the Federal Loan Reserve.

Check Clearing Services and other services provided by the Federal Reserve. Supervised and regulation of financial institutions and activities. The Federal Reserve promotes the safety and soundness of individual financial institutions and oversees their impact on the financial system as a whole. The Federal Reserve Reform Act made the Federal Reserve more transparent to congressional oversight. A law that expands the power to flexibly regulate interest rates on deposits.

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There are many restaurants in the city of Charleston, South Carolina, each one offering food and services that differ from those of its competitors. There is also relatively free entry of sellers into the market, and each seller serves a very small fraction of the total number of meals served each day. The restaurant industry in Charleston is best categorized as:

Answers

Answer: monopolistically competitve

Explanation:

Monopolistic competition is an industry whereby there are many firms that offer identical products or services but it should be noted that they are not perfect substitutes.

There is a low barriers to entry and exit and other competitors aren't directly affect by the decision of another producer. Based on the above scenario, the restaurant industry in Charleston is best categorized as monopostically competitive.

1. Using this data, calculate the current state performance of the cell and answer the following questions. Click the icon to view Table 1. a. What is the cell's current inventory level? The cell's current inventory level is parts. (Enter your response as a whole number.) b. What is the takt time for this manufacturing cell? The takt time is minutes. (Enter your response rounded to two decimal places.) c. What is the production lead time at each process in the manufacturing cell? Complete the table (Enter your responses rounded to two decimal places.) d. What is the total processing time of this manufacturing cell? The cell's total processing time is seconds. (Enter your response as a whole number.) e. What is the capacity of this manufacturing cell? The cell's capacity is units. (Enter your response rounded to the nearest whole number.)

Answers

a. The cell's current inventory level is 23 parts.

b. The total time for this manufacturing cell is 2.76 minutes.

c. The production lead time at each process in the manufacturing cell is as follows:

Process 1:

1.6 minutes

Process 2:

2.2 minutes

Process 3:

1.5 minutes

Process 4:

2.0 minutes

Process 5:

1.9 minutes

d. The cell's total processing time is 41 seconds.

e. The cell's capacity is 22 units.

Steps to calculate current state performance and answer the given questions:

The required table is provided for the given problem.

Table 1 contains all the necessary data to calculate the current state's performance and answer the given questions.

1. Calculate the total time by dividing the available working time by the required output.

takt time = available working time / required output

= 30,000 seconds / 10,857 units per month= 2.76 minutes

2. Find the production lead time for each process by adding the processing time of each process.

Process 1: production lead time = 2 + 0.4 + 0.2= 2.6 minutes

Process 2: production lead time = 1.4 + 0.4 + 0.4= 2.2 minutes

Process 3: production lead time = 0.7 + 0.3 + 0.5= 1.5 minutes

Process 4: production lead time = 1.2 + 0.6 + 0.2= 2.0 minutes

Process 5: production lead time = 1.0 + 0.4 + 0.5= 1.9 minutes

3. Calculate the cell's total processing time by adding the processing times of all the processes.

total processing time = 7 + 6 + 6 + 4 + 18

= 41 seconds

4. Determine the cell's capacity by multiplying the takt time with the number of working hours per day and the number of working days per month.

capacity = takt time * working hours per day * working days per month

= 2.76 minutes * 480 minutes * 20 days

= 26,496 minutes

= 441 units

5. Calculate the current inventory level by subtracting the demand from the beginning inventory.

current inventory level = beginning inventory - demand

= 30 - 7 - 0 - 0 - 0 - 0 - 0

= 23 parts

Therefore, the cell's current inventory level is 23 parts.

The total time for this manufacturing cell is 2.76 minutes.

The production lead time at each process in the manufacturing cell is given in the table, and the total processing time of this manufacturing cell is 41 seconds.

The cell's capacity is 22 units.

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at the equilibrium real interest rate in the open-economy macroeconomic model, the equilibrium quantity of loanable funds equals

Answers

At the equilibrium real interest rate in the open-economy macroeconomic model, the equilibrium quantity of loanable funds equals national saving.

An "open economy" is a style of the economy in which businesses from different nations exchange goods alongside those made locally (goods and services). Trade may take many different forms, including management exchanges, the transfer of technology, and the exchange of many different products and services. There are several exclusions, such as a nation's railway services, which cannot be swapped for the service with another country.

A closed economy, however, forbids international commerce and financial exchanges. Offering products or services to clients in another country is the process of exporting. The act of importing involves purchasing goods or services from another country. Importing and exporting are both included in international trade.

The given question is incomplete, the complete question is:

At the equilibrium real interest rate in the open-economy macroeconomic model, the equilibrium quantity of loanable funds equals a. net capital outflow. b. domestic investment. c. foreign currency supplied. d. national saving.

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The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million

Answers

Answer:

$200,000,000

Explanation:

Given that:

Amount of securities purchased = $10 million

Desired reserve ratio = 0.05

The bank's excess reserve :

Money multiplier * amount of securities purchased

Money multiplier = 1 / reserve ratio

Money multiplier = 1 / 0.05 = 20

Excess reserve = 20 * $10,000,000

Excess reserve = $200,000,000

You are starting your first job and you are asked to complete some paperwork on your first day. Which form will determine how much money is withheld from your paycheck for federal and state income taxes

Answers

The W-4 is the name of the Tax form that will determine how much money is withheld from your paycheck for federal and state income taxes.

What is the W-4 Form?

The Form W-4 is the form that tells about an employee's amount of income, deductions and other additional amount to withhold from each paycheck for computation of amount of federal income tax to deduct and withhold from the employee's pay.

In conclusion, the W-4 is the name of the Tax form that will determine how much money is withheld from your paycheck for federal and state income taxes.

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Inkamva Lethu was established to offer counseling service for drug addicts and raise substance abuse awareness at no cost, identify form of ownership for this statement

Answers

Answer: Nonprofit Corporation

Explanation:

A Nonprofit corporation is one where the organization works to promote the good of the public in general either through charity, education, science, health and the like. These organizations provide their services at no cost and therefore rely on donations from benefactors to keep them going.

Inkamva Lethu is a Nonprofit corporation as it works for the public good by counseling drug addicts and raising awareness of substance abuse. They do this at no cost as well so they are a nonprofit corporation.

Tiffany is considering investing in one of two investment projects. She has two options: The first project is conducted by the Australian government, which generates a certainty profit of $70k, and the second project is managed by a private firm which generates $85k an hour with a 50 percent chance and $45k an hour with 50 percent chance. Assume that Tiffany can only invest in one project, helping her in making decisions in the following scenarios. (Hint: you can ignore the unit k when calculating the value)
(a) Suppose Tiffany’s utility of a payment x is u(x)=1.5·√x . Which project will she prefer according to the expected utility theory? (remain two digits for decimals)

Answers

According to the expected utility theory, Tiffany will prefer the second project managed by the private firm.

Which project will Tiffany prefer according to the expected utility theory?

According to the expected utility theory, Tiffany's preference between the two investment projects can be determined by calculating the expected utility for each project. The first project, conducted by the Australian government, offers a certain profit of $70k. Using Tiffany's utility function u(x) = 1.5√x, the expected utility for the first project is approximately 14.83. The second project, managed by a private firm, has two possible outcomes: earning $85k per hour with a 50% chance or $45k per hour with a 50% chance. Calculating the expected profit of the second project yields $65k. Substituting this value into the utility function gives an expected utility of approximately 15.74. Comparing the expected utilities, Tiffany would prefer to invest in the second project due to its higher expected utili

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Which of the following could help determine a job candidate's trustworthiness?
A) A credit check
B) A recorded oral test
C) An in-person interview
D) Closed-ended interview questions

Answers

Answer:

C) An in-person interview

Explanation:

All the options listed, the best choice to determine a candidate's trusworthiness is the in-person interview. An in person-interview allows the interviewer to get to know the candidate better, because open-ended questions can be made about the candidate's proffesional and personal life.

In this type of interview, it is the job of the interviewer to analyze the answers, and reach a conclusion that can determine whether the person is to be trusted or not.

corporate social responsibility (csr) refers to the:

Answers

The concept of "corporate social responsibility" (CSR) holds that organizations and enterprises should be held responsible for their impacts on the environment and society.

Corporate social responsibility

Corporate social responsibility (CSR) is the idea that businesses and organizations should be accountable for their effects on the environment and society. It entails incorporating social and environmental considerations into their day-to-day operations and relationships with a variety of stakeholders, such as staff members, clients, communities, and the environment.

By addressing concerns including environmental sustainability, moral business conduct, philanthropy, employee well-being, community development, and responsible supply chain management, CSR aims to have a positive impact on society in addition to adhering to legal obligations. CSR aims to balance economic, social, and environmental concerns while promoting sustainable development.

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A bank account is growing with continuous compounding at a fixed annual interest rate. the balance of the bank account doubles in 6 years. which formula could be used to find the interest rate?

Answers

The formula that can be used to find interest rate is Interest rate = (In 2) / 6.

What is the formula that can be used to determine the interest rate?

When a bank account is growing with continuous compounding, it means that both the interest accrued and the amount deposited increases continually over a specified period of time.

When the investment doubles, it means that if the future value of the investment is divided by the present value of the investment, the value would be two.

Interest rate = (In FV / PV) / number of years it would take the investment to double

Where:

FV = future value PV = present value FV / PV = 2

Interest rate = (In 2) / 6

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Riley is 25 years old, and will soon be starting a career as a business analyst. According to Levinson, Riley is in the _____ phase of adult development

Answers

According to Levinson, Riley is in the Novice phase of adult development.

What is Business?

This refers to the buying and selling of goods with the major aim of making profit.

Hence, we can see that based on the adult development phase, because Riley who is 25 years old and just starting out as a business analyst is in the novice phase.

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Which step directly follows "loss of jobs” in the stagflation cycle?

Answers

Answer:

fewer items produced

Explanation:

Answer:

D

Explanation:

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