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3 years ago

Use the following table for the problem below.

Business

1 answer:

baherus [9]3 years ago

6 0

Answer:

No option is correct:

A. Larry offers Curly 1 ping-pong ball for 1/4 of a hat.
B. Curly offers Larry 1 hat for 3 ping-pong balls.
C. Curly offers Larry 1 hat for 4 ping-pong balls.
D. Larry offers Curly 1 ping-pong ball for 1/3 hat.

In order for Curly to win and Larry lose, Curly must offer 1 hat in exchange for 6 or more ping-pong balls.

Option A: Larry wins 1 ping-pong ball.
Option B: Larry wins 2 ping-pong balls.
Option C: Larry wins 3 ping-pong balls.
Option D: Larry wins 0.13 of a hat.

Explanation:

Opportunity costs are the benefits lost or extra costs associated to choosing one investment or activity over another alternative.

In this case, Larry can either have 1 hat or 5 ping-pong balls. Curly can have 1 hat or 2 ping-pong balls.

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If bonds with a face value of $208,000 are issued at 97, the amount of cash proceeds is ____

madam [21]

Answer:

C) $201,760

Explanation:

To compute the amount of cash proceeds, we have to multiply the bonds face value with the issued price percentage.

Since only issue price is given, so we assume it is in percentage form because the number of shares is not given in the question. So, we assume this.

In mathematically,

Cash proceeds = Face value × 0.97

= $208,000 × 0.97

= $201,760

4 0

3 years ago

If a U.S. citizen could buy £25,000 for $100,000, the rate of exchange for the pound would be

Natalka [10]

Answer:

The rate of exchange for the £ is US$ 4

Explanation:

1. Let's check the information provided to answer the question correctly:

Amount the U.S. citizen want to buy in £ = 25,000

Amount the U.S. citizen will pay in US$ = 100,000

2. Let's calculate the rate of exchange for the British pound £, this way:

Rate of exchange = Amount in US$/Amount in £

Rate of exchange = 100,000/25,000

Rate of exchange = 4 US$ per £

We can also express the rate for the US$, this way:

Rate of exchange = Amount in £/Amount in US$

Rate of exchange =25,000/100,000

Rate of exchange = £ 0.25 per US$

5 0

3 years ago

An example of Web 2.0 is a high school student promoting his or her poetry on a blog.

puteri [66]

I believe the answer to this question is : False

6 0

3 years ago

Read 2 more answers

Westwick Inc. is an advertising agency. Its employees are allowed to take decisions and work in ways that will help maximize the

Anna35 [415]

Answer:

C) Organizational plurality 

Explanation:

Organizational plurality is a working environment in which all representatives are encouraged to collaborate in a way that promotes the gains for the company, clients and themselves.

As with the advertising agency, the employees are given chances to follow their decisions and maximize their experience.

5 0

3 years ago

Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2

yan [13]

Answer:

$50,120

Explanation:

Account receivable on December 31, 2021 × 3% = 600

Account receivable on December 31, 2021 = $600 ÷ 3% = $20,000

Accounts receivable on January 1, 2021 = $20,000 - $118,000 + $148,000 + $120 = $50,120

Therefore, the balance of accounts receivable on January 1, 2021 is $50,120.

5 0

3 years ago