Answer: Option A
Explanation: In simple words, backward induction refers to the process under which an individual starts analyzing a performance from the end results and go backward to the steps to determine where actually the actions went wrong.
This technique is generally used for analyzing complex subjects which requires high technology or knowledge. It helps the individuals to determine what actions should be rectified in future so that same problems would not occur again.
In the given case, Elly is willing to analyze the whole subject by starting right from the results. Hence we can conclude that she is using backward induction.
Answer: Yes, although the salesperson did not make any express warranties, the UCC imposes an implied warranty of merchantability under which the rotisserie is guaranteed to be fit for the ordinary purposes for which it is used.
Explanation:
From the information given, we can infer that Mason has a recourse. Even though the salesperson did not make any express warranties, it should be noted that the UCC imposes an implied warranty of merchantability and hence, the rotisserie will be guaranteed to be fit for the purposes ordinarily for which it is used.
Therefore, the correct option will be D.
Answer:
Dividend in one year from now= $ 2.38
Explanation:
Dividend yield =Dividend/ share price
DY= D/P
DY -3.6%, D- Annual dividend, P- share price
3.6% = D/63
0.036 × 63 = D
2.268 = D
With a growth rate of dividend of 4.9%
Dividend to paid in one from now= Annual dividend × (1 +dividend growth rate)
Dividend in one year from now = 2.268 × (1.049)=2.379132
Dividend in one year from now= 2.38
Answer:
The correct answer is letter "B": Mutual funds are actively managed by a professional while index funds are not.
Explanation:
Both mutual funds and index funds are pools of assets that allow investors to diversify their portfolios. The difference between them relies on the quality of management those funds provide. <em>Mutual funds are assessed by qualified professionals while index funds are not. That is the main reason why mutual funds charge higher fees than index funds.</em>
Answer:
Advantages of using credit include the ability to make purchases when cash inflow is low and the convenience of not carrying cash or checks. Credit cards can eliminate the need for carrying large amounts of cash.
Explanation:
google hope this helps