Answer:
The boy: 8 years old
The sister: 11 years old
Explanation:
We assume that the age at present of the boy is x (years old).
As he is younger than his sister 3 years, so that his sister's present age is great than x 3 years
=> Her present age is: x + 3 (years old)
Two years ago, the boy is younger than present two years
=> The boy's age two years ago is: x - 2 (years old)
Similarly, the sister's age two years ago is: (x+3)-2 = x + 1 (years old)
As given, two years ago he was two-thirds of his sister's age, so that we have:
<em>The boy's age two years ago = </em>
<em> × the sister's age two years ago</em>
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
=> x + 3 = 8 + 3 = 11
So the present age of the boy is 8 years old, of the sister is 11 years old
Answer:
a. Suppose that if you receive the stock bonus, you are free to trade it. Which form of the bonus should you choose? What is its value?
I would choose the stock bonus because the current market price = 200 x $64 = $12,800 which is much higher than $4,600 (cash bonus)
b. Suppose that if you receive the stock bonus, you are required to hold it for at least one year. What can you say about the value of the stock bonus now? What will your decision depend on?
Even if you are required to hold the stock for one year, the price difference with the cash bonus is too great = ($12,800 - $4,600) / $4,600 = 178% higher. Since you are employed by the company, you should know if the company is doing well or not, and the probable future stock price.
Only if something catastrophic happened to the company would make the cash bonus more attractive.
<u>Product Protocol is a statement that, before product development begins, identifies (1) a well-defined target market; (2) specific customers' needs, wants, and preferences; and (3) what the product will be and do to satisfy consumers</u>
Explanation:
<u>Product protocol</u> is also termed as <u>Product definition ,Product requirement,Product deliverables.</u>
<u />
<u>A product protocol is required after the selection of the product and you are done with the Concept testing ,the preliminary sales forecasting of the product is also completed.</u>
<u>The Product Protocol can be said to be a written document or statement that is required by the various division of a company (like the R&D,Marketing,procurement,production departments)</u>
