Answer:
The correct answer is letter "C": is the result of both genetic and environmental factors.
Explanation:
There have been several studies about human evolution as a species. It is inevitable to relate this topic to the prominent findings of Charles Darwin (1809-1882) in his book "<em>On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life</em>" or simply known as the <em>Origin of species</em>. Mainly, Darwin sustained that, in general, <em>species' evolution happens thanks to environmental adaptations that are transmitted from one generation of a species to another in their genetics.</em>
Answer:
a. 15,500 units
b. 6,200 bats and 9,300 gloves
Explanation:
Fixed costs (F)=$620.000
Sales mix=40% bats and 60% gloves
Selling price of bats (Sb) =$90
Variable cost of bats (Vb) =$50
Selling price of gloves(Sg) =$105
Variable cost of gloves (Vg)=$65
The average contribution (C) per unit can be determined as:
In order to reach the break-even point the total contribution of 'n' units must equal fixed costs:
Since we know the sales mix, the number of bats (B) and gloves (G) are:
At the break-even point, 6,200 bats and 9,300 gloves would be sold.
Answer:
b. Beginning work in process
Explanation:
Work in process (WIP) doesn't form part of the flow of manufacturing activities.
The flow of manufacturing activities include the following format:
Opening raw materials
+ Raw materials Purchases
Raw materials available for use in production
- Ending Raw Materials Inventory
Raw Materials Used in Production
<em>For manufacturing activities an entity will have the opening raw material to be used in production and will include more raw material purchased during the period which will total as the raw materials available for use in production. Through out the manufacturing activities the raw material available for use is utilized and any quantity that remains (i.e closing inventory) is subtracted to get raw material used in production, which also represents the cost of material used in the calculation of cost of goods sold (COGS). </em>
Answer:
Using put call parity:
C + X/(1+r)^n = S+P
C + 18/(1+0.08)^1 = 20+3.33
C + 18/1.08 = 20 + 3.33
C + 18/1.08 = 23.33
C + 16.67 = 23.33
C = 23.33 - 16.6667
C = 6.67
The call price ($7) is over price, so we should sell call and buy underlying ($6.67). After one year, the underlying option will get a gain of $0.33 ($7-$6.67). So, we should exploit this arbitrage opportunity.
Answer:
Letter a is correct. Distort incentives and this distortion causes markets to allocate resources inefficiently.
Explanation:
What happens is that when rates rise, it causes an imbalance in supply and demand, because at higher rates companies are forced to raise prices to offset tax costs, so the pass-through of consumer prices discourages consumption and as a consequence of less consumption, production also decreases, causing the inefficient allocation of market resources.