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ozzi
4 years ago
13

Three explorers are getting kidnapped by an evil tribe deep in the jungle, and their life now depends on their ability to correc

tly answer the following challenge the evil tribe's chief has for them. The explorers are tied to three trees facing each other and are presented with the chief's 5 wives: 3 brunettes, and 2 blondes. The three explorers are now blindfolded, and the chief picks three of his five wives to stand behind the trees the explorers are tied to, one behind each tree. The remaining two wives disappear from view. Then the blindfolds come off, and each explorer is able to see the two wives that are standing behind his two colleagues, but not the one behind himself. Each explorer now has up to 10 minutes time to think, after which each has to correctly answer what hair color the wife has that is standing behind him, or lose his life. When you, as one of the three explorers, gain your sight after the blindfold comes off, you see two brunettes standing behind your two colleagues. And now your life depends on figuring out who is behind you: a blonde or a brunette?
Business
1 answer:
Nutka1998 [239]4 years ago
4 0

Answer:

Brunette

Explanation:

Originally there were 3 brunettes and 2 blondes. If once you are able to see, you realize that 2 brunettes are standing behind your friends, that means that behind you there could be one of two blondes or the remaining brunette.

The possibility of the wife behind you being a blonde is 2/3 or 67%, while the chance of her being brunette is only 33%. But this question is not about probability, instead it is about game strategy. I would bet that the wife behind me is a brunette.

Imagine that the two women that you saw were blondes, then you would immediately say brunette. Even if you only saw one blonde wife, your obvious choice would be brunette. This applies to all 3 friends and the chief is gambling against you all 3. He will not give any of you any type of advantage.

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On July 1, 2021, Clearwater Inc. purchased 9,300 shares of the outstanding common stock of Mountain Corporation at a cost of $21
il63 [147K]

Answer and Explanation:

1. The journal entry is given below:

Investment in Mountain $213,000

     To Cash $213,000

(Being the original investment is recorded)

Here the investment is debited as it increased the assets and credited the cash as it decreased the assets

2.

The goodwill is

Purchase price $213,000

Less : Fair value of assets purchased (30%of $660,000)  $198,000

Goodwill Purchased (difference) $15,000

3.

Cash (30% × $11,700) $3,510  

         To Investment in Mountain  $3,510

(being cash is recorded)

Investment in Mountain (30%  17,700) $5,310  

         To Investment Revenue  $5,310

(Being investment is recorded)

6 0
3 years ago
Emma is a recent college graduate who is unmarried and has no children. Which of the following benefits would be of least import
natali 33 [55]

Answer:

C. Life insurance

4 0
3 years ago
How does buying a plant asset affect general ledger accounts
Tanzania [10]

Answer:

A plant asset will add to assets and subtract from liabilities.

Explanation:

The general ledger holds all of the information needed to prepare financial statements and includes assets, liabilities, equity, revenue and expenses.

I hope I understood the question and that this helps.

7 0
4 years ago
Explicit costs are payments the firm makes for A. inputs such as wages and salaries to its employees, whereas implicit costs are
VashaNatasha [74]

Answer:

The correct answer is option A.

Explanation:

Explicit cost is the direct cost incurred on the inputs such as wages and salaries, raw materials, etc. While on the other hand, the implicit costs are the indirect costs incurred through the use of self-owned resources such as foregone income.  

Implicit costs are the opportunity cost of using a self-owned resource that could have been alternatively used to generate some income.  

Explicit costs are considered in computing accounting profits, the implicit cost is not considered.

7 0
3 years ago
PHN Foods granted 18 million of its no-par common shares to executives, subject to forfeiture if employment is terminated within
GuDViN [60]

Answer:

A. 2019

Dr Compensation expense $30 million

Cr Paid-in capital—restricted stock $30 million

2020

Dr Compensation expense $30 million

Cr Paid in capital-restricted stock $30 million

B. $12 million

Explanation:

a. Calculation to determine What journal entry will PHN Foods prepare to record executive compensation regarding these shares at December 31, 2019 and December 31, 2020

First step is to calculate the fair value of award using this formula

Fair value of award=Fair value per option×Options granted

Let plug in the formula

Fair value of award=$5*18 million

Fair value of award=$90 million

Based on the above calculation the amount of $90 million total compensation will be expensed equally over the vesting period of 3 years thereby reducing Earnings by the amount of $30 million calculated as ($90 million/3 years) each year

Now let Prepare the journal entry

2019

Dr Compensation expense $30 million

Cr Paid-in capital—restricted stock $30 million

($90 million/3 years)

2020

Dr Compensation expense $30 million

Cr Paid in capital-restricted stock $30 million

($90 million/3 years)

b. Calculation to determine what will be the net increase in the denominator of the EPS fraction

Using this formula

EPS fraction net increase= 2020 shares - Restricted shares

Let plug in the formula

EPS fraction net increase= $30 million - $18 million

EPS fraction net increase= $12 million

Theretore what will be the net increase in the denominator of the EPS fraction iis $12 million

4 0
3 years ago
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