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3 years ago

Selecting a base year and expressing each amount as a percent of the base year amount is called:

1 answer:

4 0

The process of selecting a base year and expressing the amount as a percent of the base year amount is referred to as trend analysis. Percentage change can be calculated between two periods or over a longer period of time.

Percentage change between two periods:

Subtract the earlier year from the later year. A negative difference means the change is a decrease. A positive difference means it is an increase. Then divide the change by the earlier year's balance.

Percentage change over a longer period of time:

1. Select the base year.

2. Divide the amount in each nonbase year (for each line item) by the amount in the base year and multiply by 100.

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Two firms are planning to sell 10 or 20 units of their goods and face the payoff matrix illustrated to the right. What is the Na

dolphi86 [110]

Answer:

D. The Nash equilibrium is for Firm 1 and Firm 2 each to produce 10.

Explanation:

Firm 2

10 units 20 units

10 units 30 / 50 /

Firm 1 30 35

20 units 40 / 20 /

60 20

(firm 1 /

firm 2)

Firm 1's dominant strategy would be to sell 10 units with an expected payoff outcome = 30 + 50 = 80

Firm 2's dominant strategy would be to sell 10 units with an expected payoff outcome = 30 + 60 = 90

Since both firms have the same dominant strategy (to produce 10 units), there is a Nash Equilibrium where both firms produce 10 units and each one earns 30.

5 0

4 years ago

kogti [31]

Answer:ok

Explanation:

8 0

3 years ago

Suppose for a particular year a firm had comprehensive income of $9,000, a beginning book value of equity of $76,000, and an end

spin [16.1K]

Answer:

B. $8000

Explanation:

Given that

Income = $9000

Beginning book value = 76000

Ending book value = 77000

Dividends = Income + beginning book value of equity - ending book value of equity.

Therefore,

Dividends = 9000 + 76000 - 77000

= 85000 - 77000

= $8000

Thus, dividends for the following year given the following data is = $8000

5 0

4 years ago

Read 2 more answers

The owner of the West End Kwick Fill Gas Station wishes to determine the proportion of customers who pay at the pump using a cre

hammer [34]

Answer:

n = 100 customers

X = 80 who paid at the pump

A) the sample proportion = p = X / n = 80 / 100 = 0.8

we can definitely state that 80% of the customers paid at the pump.

B) if we want to determine the 95% confidence interval:

z (95%) = 1.96

confidence interval = p +/- z x √{[p(1 - p)] / n}

0.80 +/- 1.96 x √{[0.8(1 - 0.8)] / 100}

0.80 +/- 1.96 x √{(0.8 x 0.2) / 100}

0.80 +/- 1.96 x 0.4

0.80 +/- 0.0784

confidence interval = (0.7216 ; 0.8784)

C) We can estimate with a 95% confidence that between 72.16% and 87.84% of the customers pay at the pump.

4 0

4 years ago

Dave is a salaried employee who works in a gas station. He only earns from his job and has no other source of income. He gets a

tigry1 [53]

Answer:

In my opinion the most suitable answer is E. increase his sources of income to show a rise in his income after taxes

Explanation:

The reason is he could lower his expenses too, but for how long? Inflation is going to eat his salary away anyway possibly in 5 to 10 years so what Daventry ustock do is to create another source of income so that he is safe. Possibly through investing in income generating assets, real estate and possibly a side hustle! (A small time business)

5 0

3 years ago