There are 100 people and 4 answers. The minimum people for each answer is 10. You can distribute the minimum people to make it easy.
Answer 1. 10 people
Answer 2. 10 people
Answer 3. 10 people
Answer 4. 10 people
There are still 60 people that are not assigned, so you take this number and add it to the minimum.
60 + 10 = 70
Answer: The maximum number of customers giving any one response is 70 people.
Answer:
(a) INDICATOR OF FRAUD
Explanation:
The reason is that the supervisor has an outside business setup related to the department's setup which gives rise to a conflict of interest.
Answer:
The answer is a monopolist will hire fewer workers than if the industry were perfectly competitive.
Explanation:
A monopoly is a concept where a supplier has exclusive possession of a market of a product or a service for which there is no substitute.
It is worthy to note that a monopolist prefers pricing that maximizes profits without necessarily increasing the salary of his staff.
The goal of a monopolist is to maximize profits.
The cost of funding human resource is a recurrent expenditure that he manages to ensure cost effectiveness.
Therefore, other thing being equal, the monopolist will hire fewer workers than if the industry were perfectly competitive.
Answer:
Value of the call option using Black-Scholes Model is $3.47
Explanation:
d1 = 0.175
• d2 = -0.025
• N(d1) = 0.56946
• N(d2) = 0.49003
N(d1) and N(d2) represent areas under a standard normal distribution function.
Stock price: $40.00 N(d1) = 0.56946
Strike price: $40.00 N(d2) = 0.49003
Option maturity: 0.25
Variance of stock returns: 0.16
Risk-free rate: 6.0%
The Black-Scholes model calculates the value of the call option as:
V = P[N(d1)] – Xe^rt[N(d2)]
= $40(0.56946) – $40e^rt(0.49003)
= $22.78 – $19.31
= $3.47
