Answer:
A.) - 2.6
B.) 0.4
Explanation:
Ticket price = $3
Winning price = $200
Probability of winning(Pwin) = (1/500)
Probability of not winning (Ploss) = [ 1 - (1/500)] = 499/500
Net income if Raul wins (Nwin) = $200 - $3 = $197(no refund)
Net loss if Raul does not win(Nloss) = - $3
A.) Expected value is calculated by;
(Pwin × Nwin) + (Ploss × Nloss)
((1/500) × 197) + ((499/500) × - 3)
0.394 - 2.994 = - 2.6
B.) Fair Value is calculated by;
Cost of ticket + Expected value
3 - 2.6 = 0.4
Answer: A. reducing the number of people eligible for Medicare and Medicaid by half
E. raising the age to receive Social Security to 75
Explanation: That’s correct! By raising the age to receive Social Security to 75 and reducing the number of people eligible for Medicare and Medicaid by half, the government would dramatically and permanently reduce its outlays because these are mandatory payments.
Answer:
the three options are valid:
- Most consumers would prefer to buy products made by a company that demonstrates ethical behavior.
- Research has shown a correlation between organizations' commitment to ethics and profitability.
- Employees prefer to work for highly ethical organizations.
Explanation:
According to Accenture Strategy’s Global Consumer Pulse Research, the vast majority of consumers care about corporate actions and ethics, i.e. what the corporation says it does compared to what it really does. Also, the vast majority of consumers prefer to purchase products from ethical corporations. This is true not only because a research study says so, it is something logical.
Several researches have shown that higher corporate social responsibility results in higher profits. Basically the reasons for this correlation are the same ones as the previous statement's.
Employees, specially younger ones (40 years old and less) tend to be very concerned about working for ethical organizations and many are committed to improving ethical standards.
Information flows freely nowadays, and things that corporations could "hide" in the past, are made seen by millions in just a few minutes. Corporations aren't becoming ethical and green because they want to, they are doing so because consumers demand it.
Answer:
$25,200 and $58,800
Explanation:
The computation of the depreciation expense and the book value using the sum-of-the-years'-digits method is shown below:
The depreciation expense is
= (Purchase cost - residual value) × useful life ÷ (sum of years)
= ($84,000 - $8,400) × 5 years ÷ (1 + 2 + 3 + 4 + 5)
= $75,600 × 5 years ÷ 15 years
= $25,200
And, the book value is
= Purchase cost - depreciation expenses
= $84,000 - $25,200
= $58,800
We simply applied the above formulas
Hi, you've asked an unclear question. However, I assume you're referring to levels of college selectivity.
Three levels of selectivity (college selectivity) are:
Most selective
Extremely selective
Very selective
Most selective: Colleges with this level of selectivity are said to accept fewer than 15% of all applicants, examples include, Harvard University, Johns Hopkins University, Stanford University
, Massachusetts Institute of Technology.
Extremely selective: Colleges with this level of selectivity are said to accept fewer than 35% of all applicants. Institutions under this category include Boston University, New York University, Georgia Institute of Technology, etc.
Very selective: The Colleges under this category accept fewer than 50% of all applicants. Examples are George Washington University, Kenyon College, Lafayette College,
North Carolina State University, etc.
These are some of the selectivity levels, you could find more Information from other online resources.
