Answer:
That is why i did not play this game.
Explanation:
Lets i have initially $100 .
There are 2 white and 3 black balls.
I have to draw 3 balls
If i draw no white balls, i lose $10; if i draw one white ball, i lose nothing; and if i draw both white balls, you gain $10.
So the final fortune =x
x = 100 x 1/2 x 1/2 x 3/2 x 3/2
x= $56.25
That is why i did not play this game.
Answer:
Most of these firms had audit committees that met at least four times a year.
Explanation:
COSO stands for Committee of Sponsoring Organization, which is an organization that is dedicated to offering the thought of guidance as well as leadership on the fraud deterrence, internal control and management of enterprise risk.
From the findings which is not found as fraud is that the most of the firms or businesses had committees of audit which met at least 4 times a year.
Answer:
Profit decrease = $6,000
Explanation:
As per the data given in the question,
a)
Calculation for buying and making product :
Particulars Per unit Differential cost 22,000 units
Make Buy Make Buy
Cost of buying $44.50 $979,000
Cost of making :
Direct material $5.60 $123,000
Direct labor $6.00 $132,000
Variable manufacturing
overhead $3.6 $79,200
Fixed manufacturing
overhead $4 $88,000
($12 × 1 ÷ 4)
Opportunity cost $551,600
Total cost $19.2 $44.50 $973,800 $979,000
b) As we can see that the Profit is decrease by $6,000 in case of outside supplier offer accepted by taking the difference between the making and buying cost i.e
= $979,000-$973,800
= $6,000
Answer:
<u>Letter D is correct. C</u>ompare the benefits and costs associated with any economic project or activity.
Explanation:
A cost-benefit analysis is a business approach used to ascertain the main strengths and weaknesses of an organization as a whole. This includes the process of all organizational activities, transactions, and other substantial requirements for the company. The purpose of this approach is to compare the benefits and costs associated with the organization's activities and find ways to reduce costs, time and maximize earnings.
(b)
Equilibrium output will be greater than the efficient output
- Equilibrium output is the point where national income is equal to planned aggregate expenditure.
- Equilibrium output occurs where AD (Aggregate Demand)= AS (Aggregate supply)
- Equilibrium - It is that type of state where market demand and market supply are balanced.
- Disequilibrium- It is the opposite of equilibrium or when is not in the state of equilibrium position it is automatically considered as disequilibrium.
- Different types of equilibrium are as follows-
- Economic equilibrium
- Competitive equilibrium
- General equilibrium
- Underemployment equilibrium
- Lindahl equilibrium
- Intertemporal equilibrium
- Nash equilibrium
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