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coldgirl [10]
3 years ago
13

Randy is shopping for an all-in-one printer/copier/scanner/fax machine. he decides to purchase a certain model because it has th

e highest price, so randy assumes it must have the highest quality. randy has applied a(n ____ in making his decision.
Business
1 answer:
Montano1993 [528]3 years ago
8 0

<span>Randy is shopping for an all-in-one printer/copier/scanner/fax machine and decides to purchase a certain model because it has the highest price, so randy assumes it must have the highest quality, and then Randy has applied a reference price in making his decision.</span>

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The following account balances were taken from the adjusted trial balance of Kendall Company: Revenues $ 22,400 Operating Expens
dsp73

Answer:

Retained earnings-Closing = $19,900

Explanation:

Given that,

Revenues = $22,400

Operating Expenses = $15,000

Dividends = $4,500

Retained Earnings(opening) = $17,000

Net Income = Revenues - Operating expenses

                    = $ 22,400 - $15,000

                    = $7,400

Statement of Retained Earnings:

Retained earnings-Closing:

= Retained earnings -opening + Net Income - Dividends

=  $17,000 + $7,400 - $4,500

= $19,900

7 0
3 years ago
National Bank quotes the following for the British pound and the New Zealand dollar: Quoted Bid Price Quoted Ask Price Value of
Snowcat [4.5K]

Answer:

$15.43

Explanation:

Following actions are required for triangular arbitrage:

Available: $ 10,000

Buy sterling pound @ 1 $ = 1.62 pounds and receive pounds 6172.84 upon conversion.

Now, sell these pounds and purchase NZ $ at the rate :

1 pound = NZ $ 2.95 and receive NZ$ 18209.87

Now, reconvert the above proceeds into US $ at the rate

1 NZ $ = $0.55 i.e sell NZ $ at this rate and receive US $ 10,015.4285

Hence profit from implementing triangular arbitrage is $10,015.43 - $10,000

= $15.43

Arbitrage refers to the prospect of earning a profit by utilizing the mispricing in two different financial markets. An arbitrageur never uses his own funds and always borrows.

Arbitrage works only in the scenario wherein the interest rate purchase parity (IRPT) does not hold good.

The strategy of arbitrage is best explained as "Buy at low price and sell at a high price".

 

7 0
3 years ago
Which general staff member directs all responses and tactical actions to achieve the incident?.
ch4aika [34]

The Operations Section Chief directs all responses and tactical actions to achieve the incident objectives.

<h3>What is Operations Section Chief ?</h3>

The Operations Section Chief, a member of the General Staff, is in charge of all operations directly related to the core mission. The Operations Section Chief initiates, supervises, and leads the execution of organizational elements in accordance with the Incident Action Plan.

The Operations Section Chief directs tactical incident activities to achieve incident objectives and oversees the implementation of the Incident Action Plan (IAP). 1. This role can be ordered as a stand-alone resource or as part of a National Incident Management System (NIMS) team (Incident Management Team).

The OSC1 works in the Operations functional area and reports to the Incident Commander (IC). The OSC1 performs duties corresponding with the Type 1 incident complexity and characteristics outlined in the Interagency Standards for Fire and Firefighting.

To know more about Operations Section Chief  follow the link:

brainly.com/question/25870256

#SPJ4

4 0
2 years ago
Corporations had the important advantage of
igomit [66]
C Reducing the financial risk for individual investors
4 0
3 years ago
Read 2 more answers
Calculate the portfolio required rate of return (rs) for the Wagner Assets Management Group, which holds 4 stocks. The expected
Ivahew [28]

Answer:

11.10%

Explanation:

For computing the portfolio required rate of return first we have to calculate the portfolio beta which is shown below:

Portfolio Beta = Beta of Stock A × Weight of Stock A + Beta of Stock B × Weight of Stock B + Beta of Stock C × Weight of Stock C + Beta of Stock D × Weight of Stock D

= 1.50 × $200,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) 0-.50 × $300,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) + 1.25 × $500,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) + 0.75 × $1,000,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000)

= .7625

Now the portfolio Required Rate of Return  is

Required Rate of Return = Risk Free Rate + Beta × (Market Rate of Return - Risk Free Rate)

= 5% + .7625 × (13% - 5%)

= 11.10%

We simply applied the above formulas

5 0
3 years ago
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