<u>Answer:</u>
<u>A. Wilson</u>
<u>B. Tom</u>
<u>C. 0.45</u>
<u>D. 0.3 and 3</u>
<u>Explanation:</u>
Tom comparative advantage: using the formula; number of cut down / the other's number of cut down.
For Coconut= 5/15=0.3
For Fish= 11/6=1.8
Wilson comparative advantage: using same formula above
For Coconut= 15/3=3
<em>For Fish= 6/11=0.5</em>
<em>A. Thus, we can conclude that Wilson has comparative advantage of producing coconut since he has the higher ratio of 3.</em>
<em>B. We conclude that Tom having the ratio value of 1.8 which is greater than that of Wilson has the comparative advantage.</em>
<em>C. Tom's opportunity cost of producing a coconut is calculated by dividing his number of coconut over his number of fish = 5/11 = 0.45</em>
<em>D) Note the range of acceptable terms of exchange of coconuts for fish should be be 0.3 and 3.</em>
Most purchase agreements are contingent upon a satisfactory home inspection and mortgage financing approval. There are other types of contingencies as well, in addition to the most common ones mentioned above.
Answer: $618,000
Explanation:
From the question, we are informed that the Fed makes an open market operation purchase of $200,000 and that the currency drain ratio is 33.33 percent and the desired reserve ratio is 10 percent.
We first have to calculate the money multiplier which will be:
= (1 + the currency drain ratio)/( the currency drain ratio + the reserve ratio)
= (1 + 33.33%)/(33.33% + 10%)
= ( 1 + 0.33)/(0.33 + 0.1)
= 1.33/0.43
= 3.09
The quantity of money increase will be:
= 3.09 × $200,000
= $618,000
Answer:
The return on assets (ROA) of Excandesco Company is 10.921%
Explanation:
Return on assets (ROA) helps an investor see how much after-tax profit a company gained for each dollar in assets, is calculated by formula:
ROA = Net Income/ Total Assets
The total debt ratio of Excandesco was .33:
Total debt ratio = Total Debts/ Total Assets = 0.33
Total debts = 0.33 x Total Assets
From the accounting equation: Total Assets = Total debts + Total Equity
Total Equity = 0.67 x Total Assets
Excandesco Company had return on equity (ROE) of 16.3 percent.
ROE = Net income/ Equity
Net income = ROE x Equity = 16.3% x 0.67 x Total Assets = 0.10921 x Total Assets.
ROA = Net Income/ Average Total Assets = (0.10921 x Total Assets)/Total Assets = 0.10921 = 10.921%
Answer:
d. a palter
Explanation:
Based on the scenario being described within the question it can be said that Kant would call this misleading statement a palter. This term refers to a statement that has been made ambiguous in order to hide the truth from someone or in order to avoid committing yourself to something. Which in this scenario "You" are trying to hide the fact that Bill is playing "hooky" from your boss.