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3 years ago

Which of the following basic steps in risk analysis should be performed first?

1 answer:

Volgvan3 years ago

3 0

<span>“What is a risk assessment?” This post aims to allow you to answer basic questions on risk assessments such as “a definition of risk assessment”, “why do risk assessments?”, “when to do a risk assessment?” and “how to do a risk assessment?”.

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Juanita makes $30 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $3

Phoenix [80]

Answer:

Juanita should purchase the suit at the store across town because the total economic cost will be lowest.

Explanation:

three options:

local store 15 minutes away and a price of $114
across town 30 minutes away and a price of $86
neighboring city 1 hour away and a price of $60

Juanita makes $30 per hour at her work, and her purchase decision includes the opportunity cost of lost wages:

total economic cost:

local store = $114 + [1/4 hours x 2 (round trip) x $30] + (1/2 hours x $30 spent shopping) = $144
across town = $86 + [1/2 hours x 2 (round trip) x $30] + (1/2 hours x $30 spent shopping) = $131
neighboring city = $60 + [1 hour x 2 (round trip) x $30] + (1/2 hours x $30 spent shopping) = $135

Juanita should purchase the skirt at the store across town because the total economic cost will be lowest ($131)

Opportunity costs are the benefits lost or extra costs incurred for choosing one activity or investment over another alternative. Economic costs include both accounting costs and opportunity costs.

5 0

2 years ago

6. A zero coupon bond with 2.5 years to maturity has a yield to maturity of 25% per annum. A 3-year maturity annual-pay coupon b

kari74 [83]

Ahaha s we. S s s s s s s s s. S ss

3 0

2 years ago

Demand per hour for gasoline at a local station is normally distributed with a mean of 875 gallons and std deviation of 55 gallo

marusya05 [52]

The probability that demand is greater than 1800 gallons over a 2 hour period is : 0.5

<u>Given data :</u>

Mean value of gasoline per hour = 875 gallons

Standard deviation = 55 gallons

<h3>Determine the probability of demand being greater than 1800 gallons over 2 hours </h3>

Demand for gas in 1 hour = X₁

Demand for gas in 2 hours = X₁ + X₂

Therefore ; ( X₁ + X₂) ~ N ( u₁+u₂, sd₁² + sd₂² )

In order to calculate probabilities for normals apply the equation below

Z = ( X- u ) / sd

where : u = 1800, sd = √ ( 55² + 55² ) = 77.78

using the z-table

P( Y > 1800) = P( Z > ( 1800 - 1800 ) / 77.78)

= P( Z>0 ) = 0.5

Hence we can conclude that The probability that demand is greater than 1800 gallons over a 2 hour period is : 0.5.

Learn more about probability : brainly.com/question/24756209

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5 0

2 years ago

The __________ method provides an alternative approach for allocating factory overhead that uses multiple factory overhead rates

Karo-lina-s [1.5K]

The plantwide allocation is a method, which involves the alternatives to the approach for the allocation of factory overheads, and also uses factory overheads based on different activities.

<h3>What is plantwide allocation?</h3>

The plantwide allocation rate is a method that uses an approach to compile all the required overhead costs of a business, and thus also involves application of one rate for one activity in an organization.

Hence, the significance of plantwide allocation is as aforementioned.

Learn more about plantwide allocation here:

brainly.com/question/15090267

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4 0

1 year ago

A new operating system for an existing machine is expected to cost $565,000 and have a useful life of six years. The system yiel

Inessa [10]

Answer:

The net present value of each potential investment:

Machine A Machine B

NPV $167,675 $2,267

Explanation:

a) Data and Calculations:

Machine A Machine B

Cost of machine $565,000 $410,000

Incremental after-tax income 165,000 75,000

Salvage value 25,000 26,000

Estimated useful life 6 years 8 years

Required rate of return 10% 10%

Annuity factor 4.355 5.335

PV factor 0.564 0.467

PV of incremental after-tax income $718,575 $400,125

($165,000*4.355) ($75,000*5.335)

PV of salvage value $14,100 $12,142

Total PV of income $732,675 $412,267

NPV $167,675 $2,267

= Total PV of income minus PV of initial investment cost

7 0

2 years ago