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Andrei [34K]
3 years ago
6

A certain politician has a brilliant idea. he will increase his popularity and assure reelection by giving away cash to everybod

y in the country. he will give $1 to a certain u.s. citizen, $2 to another, $3 to another, and so on until he has given away $297,624,985 to the 297,624,985th and last citizen of the united states.
Business
1 answer:
polet [3.4K]3 years ago
7 0
<span>Put all of these numbers in a line...obviously, don't put ALL of them, but enough so you can see what you're doing. 1 + 2 + 3 + ... + 297,624,985 Now put all these numbers BACKWARDS underneath that. 1 + 2 + 3 + ... + 297,624,985 297,624,985 + 297,624,984 + 297,624,983 + ... + 1 Now add the first series to the second, and you'll see that they add up to: 297,624,986 + 297,624,986 + 297,624,986 + ...297,624,986 Since there were 297,624,985 terms, the total sum here is 297,624,986 * 297,624,985 But since you added it twice, you divide it by two: 148,812,493 * 297,624,985 This is 44,290,315,996,937,605, so...yes, it is MUCH larger.</span>
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Endorsement uses famous person for the advertisement of the product.
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5 0
3 years ago
Read 2 more answers
Uptown Promotions has three divisions. As part of the planning process, the CFO requested that each division submit its capital
Levart [38]

Answer:

d. soft rationing

Explanation:

Soft rationing -

It is the process in which the company itselves takes the decision to limit the amount of capital , which is used for the investment for a given period of time , is known as soft rationing .

It is referred to as soft , as the decision is taken by the firm itself , where the changes and alteration all are done by the firm only according to the future goals and practices .

hence , from the question , the situation given , depicts - soft rationing .

7 0
3 years ago
The operations vice president of Security Home Bank has been interested in investigating the efficiency of the bank’s operations
AURORKA [14]

Answer:

The computation of the activity rates for the activity-based costing system is shown below:-

Explanation:

                        Opening     Processing     Processing     Other        Totals

                        accounts     Deposits and     other          activities

                                             Withdraws       Customers

                                                                      transactions

Teller wages  $5,800         $108,750          $26,100      $4,350     $145,000

Assistant

branch

manager

salary             $4,800         $6,600              $16,200       $32,400   $60,000

Branch

manager

salary           $3,760           $0                     $20,680      $69,560    $94,000

                    $14,360         $115,350           $62,980      $106,310

Working Note

                        Opening     Processing     Processing              Other    

                        accounts     Deposits and     other                  activities

                                             Withdraws       Customers

                                                                      transactions

Teller

wages ($145,000 × 4%)  ($145,000 × 75%) ($145,000 × 18%) ($145,000 × 3%)

Assistant

branch

manager

salary  ($60,000 × 8%) ($60,000 ×11%) ($60,000 × 27%) ($60,000 × 54%)

Branch

manager

salary ($94,000 × 4%) ($94,000 × 0%) ($94,000 × 22%) ($94,000 × 74%)

Activity                      Activity cost        Cost drivers      Activity rate

Opening accounts    $14,360                230                  $62.43

Processing deposits

and Withdrawals       $115,350              51,000              $2.26

Processing other

customers

transactions               $62,980             1,150                  $54.77

4 0
3 years ago
A group of nations establishes a free-trade zone. What is the most likely effect?
mixer [17]
The answer is trade increases<span />
4 0
3 years ago
A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be run
tresset_1 [31]

Answer:

Schedule variance = $1,428,140

Schedule Performance Index (SPI) = 1.132

Cost Performance Index = 0.801

Explanation:

Planned Value = $1,414,000 + $10,494,000 + $8,494,000 * 53%

                        = $20,402,000 * 53%

                        = $10,813,060

Earned Value = $1,414,000 + $10,494,000 + $8,494,000 * 60%

                        = $20,402,000 * 60%

                        = $12,241,200

Schedule Variance = Earned value - Planned value

                                = $12,241,200 - $10,813,060

                                = $1,428,140

Schedule Performance Index (SPI)

                          = Earned value / Planned value

                          = $12,241,200 / $10,813,060

                          = 1.132

Actual Cost (AC)

                        = $1,294,000 + $8,994,000 + $4,994,000

                        = $15,282,000

Cost Performance Index (CPI)

                             = Earned value / Actual cost

                             = $12,241,200 / $15,282,000

                             = 0.801

3 0
3 years ago
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