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4 years ago

8

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countri

es have no influence on the financial status of individuals.
Question 1 options:
True
False

1 answer:

pishuonlain [190]4 years ago

4 0

The answer is false.

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A department store sells refrigerators from four manufacturers: 40% from Company A, 25% from Company B, 15% from Company C, and

Rufina [12.5K]

Answer:

A: 0.1475 , B: 0.3389

Explanation:

a. Probability Refrigerator purchased from store lasts more than 15 years :

Prob(refrigerator purchase from A) and Prob(refrigerator from A life > 15 years) + .........Prob(refrigerator purchase from D) and Prob(refrigerator from D life >15 years)

(0.40x0.1)+(0.25x0.20)+(0.15x0.05)+(0.20x0.25) = 0.04+0.05+0.0075+0.05 = 0.1475

b. Refrigerator last > 15 years given , Probability it is from B :

[ Prob (B Purchase) . Prob (life > 15, given from B) ] / Prob (Life > 15)

P (B/15) = [P(B).P(15/B)] / [P15] {Bayes Theorum}

= [(0.25)(0.20)] / 0.1475 = 0.05 / 0.1475

= 0.3389

5 0

3 years ago

Sheridan, Inc. acquired 40% of Pina Corporation's voting stock on January 1, 2021 for $1060000. During 2021, Pina earned $364000

docker41 [41]

Answer:

$102,500

Explanation:

As per the given question the solution of gain be on sale is provided below:-

For reaching the gain be on sale first we need to follow some steps which is following below:-

Step 1

December 31, 2021 Investment = Initial investment + Net income - Dividend

= $1,060,000 + ($364,000 × 40%) - ($250,000 × 40%)

= $1,060,000 + $145,600 - $100,000

= $1,205,600 - $100,000

= $1,105,600

Step 2

July 1,2022 Investment = December 31, 2021 Investment + Net income - Dividend

= $1,105,600 + ($533,000 × 6 months ÷ 12 months × 40%) - ($138,000 × 40%)

= $1,105,600 + $106,600 - $55,200

= $1,212,200 - $55,200

= $1,157,000

Step 3

Now, the investment half value = $1,157,000 ÷ 2

= $578,500

and finally

So, Gain = Stock - Half value of Investment

= $681,000 - $578,500

= $102,500

So, we have calculated the gain be on sale in Sheridan's 2022 income statement by using the above formula.

7 0

3 years ago

The money multiplier is equal to: Question 8 options: a) the ratio of the monetary base to the money supply. b) the money supply

ycow [4]

Answer:

d) the ratio of the money supply to the monetary base.

Explanation:

Money multiplier is the maximum change in checkable deposits (extra money) resulting from an increase in bank reserves by one dollar.

Money multiplier are enhanced by the central bank.

Additionally, the money multiplier is equal to the ratio of the money supply to the monetary base. This simply means that it is equal to one (1) divided by the required reserve ratio;

MM = 1 / (required reserve-deposit ratio).

6 0

3 years ago

Read 2 more answers

To increase the potential for a successful acquisition, a firm should: a. always bid low to allow for partial failure. b. try to

Annette [7]

Answer:

c. screen the foreign enterprise to be acquired.

Explanation:

Growth can occur in two fundamental ways :

through acquisition.

a company can either grow organically

During the period of acquisition , all the company has an opportunity to share the best practice .

And in this case , the company can have higher profit margins as soon as the inefficiencies are identifies and immediately removed .

8 0

4 years ago

Discuss the principles of professionalism and ethics

leonid [27]

Good moral principles is a fundamental of any profession. It is called a professional ethics and describes the organizational and personal standards of behavior a professional individual should posses. Ethical behavior incorporates these characteristics and values: honesty, integrity, promise keeping, loyalty, fairness, respect and concern for others.

4 0

4 years ago