Answer:
(1) 16,640.15
(2) 8,014.55
(3) 5,515.46
(4) 915.33
Explanation:
We will construct this backwards using the present vaue of a lump sum:
at the end, once you graduate the account will have zero balance.
after junior year it will have the discount value of the 1,000 once senior is complete
so:
Nominal 1,000.00
time 1.00
rate 0.0925
PV 915.33
Then, on sophomore year, you will got this and the amount it gives you at junior discounted for one year:
915.33 + 5,000 = 5915.33
rate 0.0725
PV 5,515.46
Then, after the freshman year we discount this and the amount given and sophomore
3,000 + 5,515.46 = 8,515.46
rate 0.0625
PV 8,014.55
Lastly, at beginning it will need this and the freshman bonus discounted:
8,014.55 + 9,000 = 17,014.55
rate 0.0225
PV 16,640.15
both the private and the public sectors, Information problems create inefficient outcomes.
<h3>What is inefficient outcomes?</h3>
Employing resources such as time, materials, or labor in an inefficient manner: In practically every sector of the economy, there are far too many large, inefficient businesses. incredibly/extremely/increasingly inefficient
Thus, option D is correct.
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Answer:
Current ratio is 2.5:1
Quick ratio 1.9:1
Explanation:
Current ratio =current assets/current laibilities:1
current assets =cash+marketable securities+accounts receivables+inventory
current assets=$225000+$115,000+$112000+$158,000
current assets =$610,000
current liabilities=accounts payable=$244,000
Current ratio=610000/244000
current ratio=2.5
:1
quick ratio =(current assets-inventory)/current liabilities:1
quick ratio=(610000-158000)/244000
=1.9:1
The current ratio suggests the company has liquid resources that is more than double of current liabilities which can used in discharging debt obligations in the normal course of business
Quick ratio excludes inventory from the ratio since inventory is most difficult item to convert to cash
Answer: Option (A)
Explanation:
Sexual harassment is referred to as or known as a type of sex discrimination. The unwelcoming sexual advances, physical or verbal conduct of the sexual nature and also requests for any type of sexual favor tends to constitute as sexual harassment especially when such type of conduct tends to implicitly or explicitly affects a person's employment or at times creates intimidating, offensive or hostile work environment.
Consumer Programs (offer a consumer service):
- Chambers of Commerce
- Regulation offices for insurance
Sources of Consumer Information:
- State Consumer Protection offices
- Consumer Reports
