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WINSTONCH [101]
3 years ago
10

If a student attends every management science class, the probability of passing the course is 0.80; but if the student only atte

nds randomly, then the probability of passing the course is 0.50. If a student fails, they can take a makeup test where the probability of passing is 0.60 if the student has attended every class. This probability of passing the makeup test drops to 0.10 if the student has attended at random. Passing the course is worth 5 credits. Full time attendance "costs" 3 credits in terms of energy and time whereas random attendance "costs" only 1 credit.Use a decision tree to decide which is the best attendance pattern to adopt.

Business
1 answer:
goldfiish [28.3K]3 years ago
4 0

Answer:

EV of node 4 = 0.6×5 + 0.4×0 = 3

EV of node 5 = 0.1×5 + 0.9×0 = 0.5

EV of node 2 = (0.8×5 + 0.2×EV of node 4) - 3

EV of node 2 = (0.8×5 + 0.2×3 ) - 3

EV of node 2 = 4.6 - 3

EV of node 2 = 1.6

EV of node 3 = (0.5×5 + 0.5×EV of node 5) - 1

EV of node 3 = (0.5×5 + 0.5×0.5 ) - 1

EV of node 3 = 2.75 - 1

EV of node 3 = 1.75

EV of node 3 is higher, therefore, best attend pattern is to attend randomly.

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In the following example, the proposed debt issue would raise $4,000,000; the interest rate would be 10%. In addition, the EBIT
topjm [15]

Answer:

$1.67

Explanation:

The computation of the increase in earning per share is shown below:

But before that first we need to find out the current and proposed earning

per share

Particulars                       Current                       Proposed

<u>Number of shares        $400,000                    $240,000  (a) </u>

EBIT                                  $2,000,000               $2,000,000

Less:

Interest                                                                $400,000

                                                                   ($4,000,000 ×0.10)

EBT                                   $2,000,000               $1,600,000

Less

Taxes                                $0                               $0

Net income                       $2,000,000              $1,600,000 (b)

EPS                                    $5                              $6.67 (a ÷ b)

Increase in EPS

= $6.67 - $5

= $1.67

6 0
3 years ago
The board of directors of Swifty Corporation declared a cash dividend of $2.75 per share on 40000 shares of common stock on July
WARRIOR [948]

Answer:

a. Decrease liabilities and decrease assets

Explanation:

First option "Decrease liabilities and decrease assets" is the correct option as far as only payment part of Journal entry is concerned.

Since Dividend is declared on 15 July on That date entry would have been:

Shareholder's Equity........Dr

To Dividend Payable(Liability) A/c......Cr

Then, on Payment date i.e. 15 august entry would be:

Dividend Payable(Liability)A/c.......Dr

To cash/Bank A/c..........Cr

Therefore, Liability is Decrease also asset is decreased on 15th August, 2020.

5 0
3 years ago
1. A company issues new stock with a fair value of $120,000 to acquire 85% of the stock of another company. The fair value of th
Delicious77 [7]

Answer:

A. $10,500

Explanation:

FV of IDNA:  

Book value                                                     $ 15,000

Revalued plant assets                                    ($25,000)

license agreements                                           $30,000

Intangible assets                                             $50,000

                                                                           $ 70,000

Non-controlling interest valued at the date of acquisition, following the alternative method allowed by IFRS = 15% * 70,000 =  $10,500.

4 0
3 years ago
Performance Gloves, Inc. produces three sizes of sports gloves: small, medium and large.
lapo4ka [179]

Answer:

A.Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

B.Small glove 8.52

Medium glove 10.65

Large glove 12.78

Explanation:

a) Calculation to Determine the two production department factory overhead rates.

Pattern Department = 165,200/2,900

= 56.9 Approximately 57 per DLH

Cut and Sew Department = 273,000/3,500

= 78 per DLH

Therefore two production department factory overhead rates will be :

Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

b) Calculation of the factory overhead cost per unit

Small glove (57*.04+78*.08)=8.52

Medium glove (57*.05+78*.10)=10.65

Large glove (57*.06+78*.12)=12.78

Therefore the factory overhead per unit for each product will be: Small glove 8.52

Medium glove 10.65

Large glove 12.78

7 0
3 years ago
At times, someone with a good credit rating may not be able to get a loan. When this happens, the potential customer may be told
Sergio [31]

It can mean that the bank is running low on liquidity of cash. In the banks are required to keep a minimum of liquidity to be able to give loans and keep the cash flow. In case the bank is running low on liquidity the customer should inform the central bank and the central bank should fine the bank for not maintaining the liquidity.

3 0
3 years ago
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