Let f. d. p., which characterizes the proportion of profits of a certain company in a year.
Find
a.- k
b.- The probability that at least 50% of the company will have profits during the first year.
c
Answers
a. The value of K is 1.
b. 0,6065 is the probability that at least 50% of the company will have profits during the first year.
Given, f. d. p. which characterizes the proportion of profits of a certain company in a year. Let X be a random variable with a distribution function given by F(x) = 1 - e^(-kx).
a) To find k:
When X = 0, F(x) = 0.
Thus, 1 - e^(-k * 0) = 0.
On solving, e^(0) = 1.
So, k = 1.
Therefore, k = 1.
b) To find the probability that at least 50% of the company will have profits during the first year, we need to calculate P(X > 0.5).
P(X > 0.5) = 1 - P(X ≤ 0.5).
P(X ≤ 0.5) = F(0.5) = 1 - e^(-k * 0.5).
On substituting k = 1, we get:
P(X > 0.5) = 1 - P(X ≤ 0.5) = 1 - (1 - e^(-0.5)) = e^(-0.5) = 0.6065.
Therefore, the probability that at least 50% of the company will have profits during the first year is 0.6065.
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Related Questions
HELP ASAP ! When a person does not have their basic needs met, what is the focus?
O education
O population growth
O mental health
quality of life
Answers
1,
Assume you are an engineer working for a chemical production company. You are on the technical team that is responsible for deciding what to do about the dangerous chemical that your company is using to produce its best-selling chemical product. Recent reports have just made known the dangers of this chemical, and the company now needs to decide how to proceed. There are several options to consider: stop producing the harmful product altogether and take a hit on total profits; continue to make the product and sell it, like nothing's wrong, since the federal government has not cracked down. You could also spend money and engineering efforts in R&D to develop a safe chemical that would take its place. There is no guarantee that this would happen any time soon, but the scientists think it is realistically possible. To make matters worse, your biggest competitor produces this harmful product off-shore and is not hampered by the US regulations. If you stop producing this product altogether, the financial positions of the company would be at risk to some extent. Additional marketing efforts would have to be made to sell other products to gain back the lost revenue and profits.
Consider the possible decisions and the ethics of this situation. Take into account, safety, costs, profits, competition, etc. Discuss what you would propose as a member of the decision team and why you would propose it.
2. Six years ago when the relative cost index was 50, a 15 MW power generation facility cost $10M to build. Today the cost index is 80. What would the cost be to produce a 45MW facility today if the power sizing factor is 0.7?
Answers
While the competitor producing the harmful product offshore may seem like a threat, investing in R&D to develop a safe alternative could actually give the company a competitive advantage in the long run, as it would demonstrate the company's commitment to safety and responsibility. The cost to produce a 45 MW facility today would be approximately $22.24 million.
1. As an engineer on the technical team responsible for deciding what to do about the dangerous chemical, I would propose that the company invests in R&D to develop a safe chemical that would take the place of the harmful chemical. While this option may be costly and time-consuming, it is the most ethical choice as it prioritizes the safety of both the workers and the consumers. In addition, it would also ensure the company's compliance with future government regulations and eliminate any potential legal and financial risks associated with the use of the harmful chemical.
Continuing to produce and sell the harmful product without making any changes would be unethical and could potentially harm workers and consumers, leading to legal and financial repercussions. Stopping production of the product altogether could also have negative financial consequences, but with a strategic marketing plan, the company could mitigate these risks and eventually recover from any losses.
2. To calculate the cost of producing a 45 MW facility today, we can use the following formula:
Cost of new facility = Cost of old facility x (Cost index new / Cost index old) x (Size new / Size old) ^ sizing factor
Plugging in the given values, we get:
Cost of new facility = $10M x (80 / 50) x (45 / 15) ^ 0.7
Cost of new facility = $10M x 1.6 x 1.81 ^ 0.7
Cost of new facility = $10M x 1.6 x 1.39
Cost of new facility = $22.24M
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How is the field of consumer behavior defined what are the four major applications of consumer behavior?There are four factors that determine the characteristics of consumer behavior: personal, psychological, social, and cultural. All factors have a major impact on a consumer's behavior and the characteristics that define a customer will change as her/his life changes
Answers
The field of consumer behavior is defined as the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy their needs and wants. Consumer behavior is the intersection of psychology, sociology, anthropology, economics, and marketing. It is an interdisciplinary field that seeks to understand why and how consumers make choices.
There are three major applications of consumer behavior: marketing strategy, public policy, and social marketing. The first application involves using consumer behavior insights to develop effective marketing strategies that can influence consumer decisions and increase sales. The second application involves the use of consumer behavior research to inform public policies and regulations that protect consumers from harm and ensure fair competition. The third application is social marketing, which uses consumer behavior insights to promote social causes and encourage positive behaviors.
In conclusion, the field of consumer behavior is a complex and multidisciplinary field that seeks to understand how consumers make choices and what factors influence their behavior. The four major factors that determine the characteristics of consumer behavior are personal, psychological, social, and cultural. Understanding these factors is essential for businesses and policymakers to develop effective strategies that can influence consumer behavior and improve outcomes. The three major applications of consumer behavior are marketing strategy, public policy, and social marketing.
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Which of the following is a correct statement of one of the rules for converting net income to the cash flow from operating activities using the indirect method? (a) Increases in current liabilities are added to net income. (b) Increases in current assets are added to net income. (c) Decreases in current assets are subtracted from net income. (d) All noncash expenses and losses are subtracted from net income. (e) None of the above
Answers
The correct statement for converting net income to the cash flow from operating activities using the indirect method is (c) Decreases in current assets are subtracted from net income.
The indirect method of converting net income to cash flow from operating activities requires adjustments to net income for non-cash items, changes in working capital accounts, and other adjustments. Current assets are the assets that can be converted into cash within one year or operating cycle. Decreases in current assets, such as accounts receivable and inventory, mean that the company has collected cash or sold inventory, respectively, which would increase the cash flow from operating activities. Therefore, decreases in current assets are subtracted from net income while increases in current assets are added to net income. This adjustment is necessary to reconcile the accrual basis net income to the cash basis operating cash flow.
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assuming that the monopolistic competitor faces the demand and costs depicted below and finds the profit maximizing level of output, what will be the firm’s total cost? $120$120$125$125$140$140$180
Answers
The total cost for the monopolistic competitor in the given scenario will be $125. To determine the profit-maximizing level of output, we need to compare the marginal revenue (MR) with the marginal cost (MC).
The MR curve is derived from the demand curve, and in this case, it is not provided. However, since the monopolistic competitor faces downward-sloping demand, the MR curve will lie below the demand curve. Therefore, we can assume that the MR curve will have a similar shape to the demand curve, indicating diminishing marginal revenue. The profit-maximizing level of output occurs where MR equals MC. Looking at the cost figures provided, we can see that the MC curve intersects the demand curve at a quantity of $125. Therefore, the firm will produce the quantity of output that corresponds to this intersection point. The total cost associated with producing this level of output is $125.
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Which of the following is the best summary of the parol evidence rule?
A. Oral evidence is never allowable in interpreting the meaning of
contracts
B. Oral evidence can only be used to interpret contract meanings in
certain situations
C. A written contract is assumed to contain all the terms and
conditions of an agreement unless otherwise stated.
OD. Oral evidence is always valuable and useful in clarifying the
meaning and intent of written contracts.
Answers
Answer:
C. A written contract is assumed to contain all the terms and
Answer:
oral evidence can only be used to interpret contract meanings in certain situations
Explanation:
a p e x
Why is the volatility of the Market less than the volatility of any individual equity investments within the portfolio in the prior question ? Group of answer choices: 1- The more stocks the investor puts into her portfolio, the more sensitive the portfolio 2- The volatility of the market can never be less than that of an individual security 3- none of the above 4- The more stocks an investor puts into her portfolio, the more likely that price changes in one stock in any given direction will be offset by an opposite-direction price change of another stock. 5- The more stocks added to a portfolio, the less likely an investor will have included over or under priced stocks.
Answers
The answer to this question is option 4. The more stocks an investor puts into her portfolio, the more likely that price changes in one stock in any given direction will be offset by an opposite-direction price change of another stock.
This is known as diversification, and it helps to reduce the overall volatility of the portfolio. While individual stocks can be subject to large price swings, a well-diversified portfolio will smooth out those fluctuations and provide a more stable return over time. Therefore, the volatility of the market is less than that of any individual equity investments within the portfolio due to diversification.
Your answer: 4- The more stocks an investor puts into her portfolio, the more likely that price changes in one stock in any given direction will be offset by an opposite-direction price change of another stock. This results in the overall volatility of the market being less than the volatility of individual equity investments, as the diversification of stocks in a portfolio helps to mitigate the impact of specific risks associated with individual securities.
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Charging high prices for a new product to earn large profits during a time when there is little competition represents a __________ strategy.
Answers
Charging high prices for a new product to earn large profits during a time when there is little competition represents a skimming strategy.
Skimming pricing strategySkimming is a pricing strategy that establishes a high initial price in the launch of a new product. The purpose is to increase the perception of the brand, create a competitive advantage, and generate sales revenue that allows for covering the initial expenses more quickly. The price decrease when the product enters the maturity and decline phase.
Price skimming exampleAn example of price skimming is Apple's iPhone, using a high pricing strategy during its initial launch. After competitors release rival products, such as the Samsung Galaxy, the price of the iPhone drops so that the product maintains a competitive advantage.
Other examples of products that use this strategy are PlayStation 5 de Sony or Nike sports shoes.
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What are some possible short-term savings goals and why are they important? (give examples)
Answers
Savings goals for the short term involve planning for the immediate future.
EXAMPLES: Paying for holidays, buying a new TV or smartphone or putting down a deposit on a house are all short-term savings goals.
It's easier and more convenient to save when you have goals. Setting goals gives you more time to save.
It is still very common for people to be very impulsive with their money, resulting in them rarely having the cash on hand needed to buy things they truly want or to cover emergencies. So, by having short term saving goals you would be able buy something you really wanted, pay for a holiday etc
b) They hire a new employee and after orientation, they collect the person's state
ID, social security number, and other important documents. At this point, what
responsibility do the two friends have as it pertains to regulation? Which guidelines
does this correspond with? (2 points)
Answers
Based on the given information, The guidelines do correspond with General Data Protection Regulation highlighting personal information.
As the context seems incomplete the answer is written in generalise manner.
When new employees start working for a firm, their personal information and other sensitive data must be collected and stored in accordance with numerous requirements to preserve their privacy and security.
The General Data Protection Regulation (GDPR), is a comprehensive data protection law that applies to firms operating in the European Union (EU) and the European Economic Area (EEA).
The GDPR requires businesses to seek explicit consent from individuals before collecting and processing their personal information, as well as to adopt sufficient technical and organizational safeguards to secure that data from unauthorized access or disclosure.
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Based on what we discussed about interest rates, which of the following will likely charge the highest interest rate on a loan?
Credit Union
Payday Lender
Bank
Charity
Answers
The highest interest rate on a loan will likely charge the Credit Union, it is the financial institution. Option A is correct.
What is a Credit Union?A credit union is a member-owned nonprofit financial cooperative that functions similarly to a commercial bank.
Credit unions offer similar services to merchandising banks to their members, such as deposit accounts, credit, and some other financial services.
The Credit Union will most probable be shooting down the highest interest rate on a loan.
Therefore, option A is correct.
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unsought goods and services are purchased on impulse and provide no added value to consumers is called?
Answers
Unsought goods and services purchased on impulse and providing no added value to consumers is called as impulse buying. Impulse buying refer to unplanned and spontaneous buying decisions made without much thought or consideration.
Impulse buying occurs when consumers purchase unsought goods and services without prior planning or research, often driven by emotions and immediate desires.These purchases may not always provide added value to the consumer, as they are made spontaneously without considering long-term benefits or needs.
Examples of impulse buying can include items like candy, snacks, or novelty items that consumers may pick up on a whim while waiting in line at a checkout counter.
While impulse buying may provide temporary satisfaction or momentary gratification, they are generally not considered to have significant long-term value or utility to the consumer.
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pure ______ involves a very large number of firms.
Answers
Pure competition involves a very large number of firms, each producing a standardized product or service. In a pure competition market, there is no single firm that has enough market power to influence the market price, and all firms are price-takers.
In a pure competition market, there are no barriers to entry or exit, meaning that new firms can enter the market easily, and existing firms can exit the market just as easily. This creates a situation where firms are constantly competing with each other, which keeps prices low and prevents any one firm from dominating the market.Because all firms in a pure competition market produce a standardized product, buyers have little reason to prefer one firm's product over another. As a result, firms must compete primarily on price, which means that profit margins are generally low.Pure competition is often used as a benchmark for evaluating the efficiency of other market structures, such as monopolies or oligopolies. While pure competition may not be a common market structure in practice, it is still an important concept for understanding how markets work and how firms compete with each other.
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The Architecture and Construction career cluster is a group of careers focused on designing, constructing, and maintaining buildings and other structures. assembly of buildings and structures. designing and planning buildings. identifying the safety standards for building regulations.
Answers
The Architecture and Construction career cluster is a group of careers focused on designing, constructing, and maintaining buildings and other structures. Hence, option A is appropriate.
What are Architecture and Construction?Architecture, as opposed to construction-related abilities, is the art as well as the technique of building and designing. Buildings and other structures are created through the processes of drawing, conceiving, planning, designing, and building.
A competent professional, an architect, is responsible for the planning, design, and Construction of buildings. In both the science and art of building design, architects receive extensive training. Architects are required to hold a professional license since they are in charge of the tenants' safety in the buildings they design.
Construction is a general term that describes the art and science of creating objects, systems, or organizations. It is a combination of Latin construction and also Old French construction. The noun "construction" describes the type of building projects or the qualities of a structure, whereas the verb "to construct" relates to the act of building.
Construction, sometimes known as "building construction," refers to the methods as well as the business associated with assembling but also erecting structures, primarily those that serve as homes.
Hence, option A is correct.
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Explain 5 documents involved in the formation of a company i need answers asap
Answers
Answer:
Memorandum of Association, Articles of Association, consent of proposed directors, agreement, statutory declaration and payment of fee.
Palmer Bhd. markets tennis balls to various clients throughout Malaysia. The company is reviewing its purchasing policy. It expects to sell 750,000 tennis balls next year. A 3-Ball can have a selling price of RM29.75 and is purchased for RM8.25 per ball. The company places an order for 187,500 tennis balls at regular intervals throughout the year. Storage and other carrying cost are estimated at RM0.05 per ball. Ordering cost is RM235 per order. The company maintains a safety (buffer) stock which is sufficient to meet demand for 20 working days and the delivery time is 14 days based on a 365-day year. The demand for such balls per year is about 250,000 3-Ball cans. Required: a) Calculate the reordering level. b) Calculate the annual cost of the current ordering policy. ( 9 Marks) c) Calculate the annual cost of the economic order quantity model policy. d) What order size should the company place? (Total: 25 Marks)
Answers
a) Reordering level The reordering level is the level of inventory at which a company has to order a new batch of inventory to ensure that it does not run out of stock.
Reordering Level = Maximum usage rate x Maximum lead time= (250,000 / 365) x (14 + 20)= 2,945 balls
b) Annual cost of the current ordering policy
Total Annual Cost (TAC) = (Annual ordering cost) + (Annual carrying cost)= [(Number of orders per year) x (Ordering cost per order)] + [(Average inventory) x (Carrying cost per unit)]
Number of orders per year = Annual demand / Order quantity per order= 250,000 / 187,500= 1.33 orders
Ordering cost per order = RM235Average inventory = Order quantity per order / 2= 187,500 / 2= 93,750
Carrying cost per unit = RM0.05
Total Annual Cost (TAC) = (1.33 x 235) + (93,750 x 0.05)= RM 26,198.75
c) Annual cost of the economic order quantity (EOQ) model policy
EOQ = √ [(2 x Annual demand x Ordering cost per order) / Carrying cost per unit]= √ [(2 x 250,000 x 235) / 0.05]= √ 23,500,000= 4,848 units
Total Annual Cost (TAC) = (Annual demand / EOQ) x (Ordering cost per order) + (EOQ / 2) x (Carrying cost per unit)= (250,000 / 4,848) x 235 + (4,848 / 2) x 0.05= RM 9,755.11
d) Order size that the company should place The order size that the company should place is the EOQ which is 4,848 units as calculated above.
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You just received your financial aid offer and you see that you’ve been offered a Direct Subsidized Loan and a Direct Unsubsidized Loan. Assuming you accept both loans, explain how interest is handled differently between these two types of loans and how that can impact your monthly payments.
Answers
The way that interest is handled in Direct Subsidized Loan and a Direct Unsubsidized Loan is that:
Interest accrues (additionally) on loans with daily interest every day. You are not liable for paying the interest that accrues while you are in school if your loans are subsidized. Even when you're in school, if your loans are unsubsidized, you're still responsible for paying all accumulated interest.
While you are enrolled in school at least half-time or even during deferment periods, interest on your subsidized loans does not accrue.
Have interest-bearing loans, subsidized or unsubsidized?Subsidized loans clearly prevail when compared to unsubsidized loans. A subsidized loan will save you money throughout the course of the loan if you are eligible for one. You will pay less in interest costs. Nevertheless, not everyone will be eligible for a subsidized loan.
While enrolled at least half-time in school or during deferment periods, interest is not charged on subsidized loans. Loans that aren't based on financial need are known as unsubsidized loans, and they are available to both undergraduate and graduate students.
Therefore, with the use of a subsidized direct loan, the lender or government (for Federal Direct Subsidized Loans, also known as Subsidized Stafford Loans) pays your interest while you're in school (a minimum of one year).
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Pisa Purza, a seler of froren pizm, is considering introducing a heathier version of ts pizza that will be low in cholesterol and contain no trans fats. The firm expects that saies of the new pizza will bo $25 milion per year. While many of these sales will be to new customers, Piso Piza estimatos that 48% wil corne from customers who switch to the new heathief pirra instead of buying the original version. a. Assume customen wil spend the same amount on either version. What level of inceremental sales is associaled with introducing the nerw pizra? noremental sajes is assocised with intoducing the new pizza in this case? a. Assume customers will spend the same amount on ester version. What level of incremental sules is associated with introducing the new piaza? The incremental sales are 5 milion. (Round to two decimw places)
Answers
The level of incremental sales associated with introducing the new pizza is $12 million.
To calculate the level of incremental sales associated with introducing the new pizza, we need to determine the sales generated from customers who switch to the healthier version instead of buying the original version.
Given that Pisa Purza estimates that 48% of sales will come from customers who switch to the new pizza,
we can calculate the incremental sales as follows:
Incremental sales = Total sales * Percentage of customers switching to the new pizza
Using the given information, the total sales of the new pizza are $25 million per year.
Incremental sales = $25 million * 0.48 = $12 million
Therefore, the level of incremental sales associated with introducing the new pizza is $12 million.
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What does a risk mean in regard to investments?
A. Uncertain outcomes
B. Certain outcomes
C. High rate of return
D. Low rate of return
E. Both A and C
regard to investments?
F. Both B and D
Answers
Every investment-related uncertainty that has the potential to have a negative influence on your financial well-being is referred to be a risk.
What are risk mean in regard to investments?
It is the possibility of losing the money invested if the security's fair price drops. Higher returns are offered by riskier securities. Market risk is a major component of the risk, but it is not the only one. Other risk categories include inflation risk, reinvestment risk, and credit risk, among others. For instance, market circumstances might influence the value of your investment to increase or decrease (market risk).
Market risk, credit risk, operational risk, strategic risk, liquidity risk, and event risk are just a few of the categories into which risks may be divided. One of the risk categories with the highest priority for every firm is financial risk. Financial risk is a result of market fluctuations, which may be influenced by a variety of causes.
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Oberon, Inc., has a $15 million (face value) 12-year bond issue selling for 97 percent of par that pays an annual coupon of 8.10 percent.
What would be Oberon’s before-tax component cost of debt? (Round your answer to 2 decimal places.)
Answers
Oberon, Inc.'s before-tax component cost of debt is approximately 8.37%.
To calculate Oberon, Inc.'s before-tax component cost of debt, we can use the formula:
Before-tax component cost of debt = Annual coupon payment / Bond price
First, let's calculate the annual coupon payment:
Annual coupon payment = Face value of the bond × Coupon rate
Annual coupon payment = $15,000,000 × 8.10% = $1,215,000
Next, let's calculate the bond price:
Bond price = Bond selling price / 100
Bond price = 97% of $15,000,000 = $14,550,000
Now, we can calculate the before-tax component cost of debt:
Before-tax component cost of debt = $1,215,000 / $14,550,000
Before-tax component cost of debt ≈ 0.0837 or 8.37%
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Discuss the peculiarities of the supply side of markets within the medical care sector. Be sure to include in your discussion the role of the Hippocratic oath in the supplier’s maximization problem. Also mention what the Target Income Hypothesis is.
Answers
The medical care sector is different from other industries because the goals of those who supply health care services do not always align with the profit-maximizing objectives of suppliers in other industries.
Health care providers, for example, are required to adhere to the Hippocratic Oath, which mandates that they place the interests of their patients first. Therefore, the supply side of medical care markets is a unique example of the potential conflicts between profit-seeking behavior and the desire to do what is best for patients.
Hippocratic oath
The Hippocratic Oath is a pledge that physicians have made for thousands of years to uphold the highest standards of ethical conduct. This includes placing the interests of their patients first, and it puts them in conflict with profit-maximizing suppliers in other industries.
Target Income Hypothesis
The Target Income Hypothesis suggests that individuals will choose to work until they reach a certain income level. This is applicable to doctors and other healthcare providers who have high training and educational costs. They will work to earn a higher income to cover the costs of their investment.
Thus,
The supply side of markets within the medical care sector is unique. Health care providers, like physicians, are obligated to uphold ethical standards such as the Hippocratic Oath, which mandates that they prioritize the interests of their patients.
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What might be an advantage of using credit
Answers
In a paragraph response below, describe how the structure and organization of this text affected the listening/reading experience. How did it enhance the message behind the speech?
Answers
Text structure gives a text meaning since writers must arrange their work differently based on the type of information they're trying to convey. By comprehending and making use of the text structure while reading, readers can learn important facts and, as a result, the book's overall goal.
What is text structure?Text structures explain the organization of information in writers' texts. By comprehending the fundamental structure of texts, students may focus on key concepts and relationships, make predictions about what will occur next, and keep a record of their knowledge as they read.
A few examples of text structures are sequential, narrative, time, compare/contrast, proposition/support, problem/solution, order/chronology, cause/effect, inductive/deductive, and research.
The structure of academic writing must be sound. Academic writing requires a clear framework and logical flow in order to be coherent.
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If the federal reserve increases the interest rate on bank deposits at the fed, banks will want to hold:.
Answers
Here is your answer:-
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
Jazz Corporation owns 50% of the Williams Corp. Stock. Williams distributed a $10,000 dividend to Jazz Corporation. Jazz Corp.'s taxable income before the dividend was $100,000. What is the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp.?
Answers
Answer:
$6,500
Explanation:
Calculation for the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp
Based on the information given we were told that the Jazz's Corporation owns part of Williams Corp. stock which is 50% in which Williams Corp. stock distributed the amount of $10,000 dividend to Jazz Corporation which means that Jazz Corporation share in Williams stock is higher than 20% and as well lower than 80% based on this Jazz Corp.'s will be entitled to dividend received deduction of 65% calculated as:
Dividends received deduction =$10,000 × 65%
Dividends received deduction=$6,500
Therefore the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp will be $6,500
please help me,its economics, what is the other for real GDP and nominal GDP
Answers
Answer:
The main difference between nominal GDP and real GDP is the adjustment for inflation. Since nominal GDP is calculated using current prices, it does not require any adjustments for inflation. ... Using a GDP price deflator, real GDP reflects GDP on a per quantity basis.
ambush marketing can best be described as linking a sponsor to a physical site such as a stadium, arena, auditorium, or racetrack. T/F
Answers
False.
Ambush marketing is a marketing strategy in which a company or brand seeks to associate itself with a particular event or property without being an official sponsor or obtaining the necessary rights or permissions.
It involves leveraging the event's popularity or drawing attention to the brand in a way that creates an association with the event in the minds of consumers, often through creative and unconventional means.
This can include activities such as guerrilla marketing, creating advertising campaigns that allude to the event, or sponsoring unrelated activities or individuals associated with the event. It does not necessarily involve linking a sponsor to a physical site like a stadium, arena, auditorium, or racetrack.
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To what account would a debit be posted if employees worked during a period when they had not yet been paid?
A. Unearned Revenue
B. Salaries Payable
C. Service Revenue
D. Salaries Expense
Answers
Answer:
D. Salaries Expense
Answer:
Salaries Expense
Explanation:
University of Waterloo has a contract for the maintenance of the libraries. For the first 20 years, UW should pay $16,000 at the end of the first year and then annual payment will be increased by the rate of 4% per year up to year 20. At the end of year 20, UW will pay $320,000 which will be repeated every 40 years forever. The annual payments will be continued from year 21 by a constant amount of $60,000 forever. What is the present worth of this plan if the interest rate is 8% per year?
Answers
The present worth of the maintenance plan for the libraries at the University of Waterloo, considering an interest rate of 8% per year, is $2,132,934.04. This value represents the total cost in today's dollars of all the payments associated with the plan over its infinite duration.
To calculate the present worth, we need to consider the future payments and discount them to their present values. For the first 20 years, we have an increasing annual payment starting at $16,000 and growing by 4% each year. We can calculate the present value of these payments using the formula for the present worth of an increasing annuity. At the end of year 20, there is a one-time payment of $320,000, which also needs to be discounted. After year 20, there are continuous annual payments of $60,000 that will be made forever. These payments can be considered as a perpetual annuity. We can use the formula for the present value of a perpetual annuity to calculate their present worth. By discounting all the future payments using the given interest rate, we arrive at the present worth of $2,132,934.04. This represents the total amount of money that would need to be set aside today to cover the costs of the maintenance plan for the libraries at the University of Waterloo.
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before becoming general manager for nintendo, gunpei yokoi once worked as a...
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Before becoming the general manager for Nintendo, Gunpei Yokoi once worked as a maintenance engineer in a factory. Yokoi started working in a small factory in Kyoto, Japan, where he was hired as a maintenance engineer. He was responsible for fixing the machines used in the factory, which produced Hanafuda cards.
Gunpei Yokoi's experience as a maintenance engineer played a significant role in shaping his approach to game design. His background in engineering gave him a practical understanding of how things worked, and he was able to apply this knowledge to create innovative and accessible games. Yokoi believed that the best games were simple, intuitive, and fun to play, and his philosophy helped Nintendo become a major player in the video game industry.
Before becoming General Manager for Nintendo, Gunpei Yokoi once worked as a maintenance engineer.
Maintenance Engineer Gunpei Yokoi, the influential figure in Nintendo's history, began his career at the company as a maintenance engineer, where he was responsible for maintaining the assembly line machines and designing new ones. Gunpei Yokoi's role as a maintenance engineer allowed him to gain valuable experience and showcase his creativity, which eventually led to his promotion as General Manager for Nintendo. In this new role, he played a significant part in developing many popular gaming devices and consoles, contributing to Nintendo's success in the gaming industry.
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