Answer:
7%
Explanation:
In Microeconomics, circuit breaker can be defined as a financial regulatory measure or instrument used by stock exchange organizations to temporarily halt trading on an exchange and to prevent stock market crash. The circuit breaker is also referred to as trading curb and it is used to curb panic selling in the stock markets, which eventually prevents collosal losses and speculative profits in a very short period of time.
The "circuit breaker" on the domestic equities markets to reduce price volatility is INITIATED when the Standard and Poor's 500 Index falls by 7%. The circuit breaker rule states that, if the Standard and Poor's 500 Index falls by 7% from the closing price of the previous day: the listed equity on the domestic equities markets will be shut down for 15 minutes, so as to mitigate price volatility. The 7% is the level one (1) of the circuit breaker levels for the the Standard and Poor's 500 Index (S&P 500 Index) on the stock markets.
Answer:
The adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $910.
Explanation:
Allowance for Doubtful Accounts balance should be Credit balance, Since we have $120 debit balance and want to create $790 Allowance for Doubtful Accounts credit balance we have to credit Allowance for Doubtful Accounts by ($790 + $120 = $910) to get Allowance for Doubtful Accounts $790 Credit balance.
Therefore, The adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $910.
Answer:
-$2.4
Explanation:
Costs of lottery ticket $10 per ticket.
100 tickets available to be sold
One $430 prize
two $105 prizes
four $30 prizes
100 available tickets -7 prizes= 93
P(430) = 1/100
P(105) = 2/100
P(30) = 4/100
P(-10) = 93/100
-10(93/100) + 30-10 (4/100) + 105-10 (2/100) + 430-10 (1/100)
= -10(93/100) + 20(4/100) + 95(2/100) + 420(1/100)
= -9.3 + 0.8 + 1.9 + 4.2 = -2.4
Therefore the expected loss will be $2.4
Answer:
n= 65.27 years
Explanation:
Giving the following information:
Present value (PV)= $2,000
Future value (FV)= $4,500
Interes rate (i)= 1.25% annual compounding
<u>To calculate the number of years required to reach the objective, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(4,500 / 2,000) / ln(1.0125)
n= 65.27 years
Explanation:
Codes of ethics are essential in every organization to be a parameter of employees' moral conduct. Through the code of ethics, the organization induces its people to take actions and behaviors that are positive for the organizational environment and the company's culture, as well as encouraging employees to act in accordance with the company's identity and moral values and also from society.
In a globalized environment, work environments have become multicultural, which should be understood in the code of ethics, which when effective and aligned with organizational objectives will positively impact on motivation and organizational performance, since the organization will have the image and the positioning of a company that preserves individual values, morals and positive development practices in society.
