Answer: low (near 0%)
Explanation:
The expected monetary value(EMV) simply refers to the amount of money that an economic agent can expect to make based on a particular decision that's made.
It should be noted that the likelihood that a decision maker will be able to receive a payoff that is exactly as thesame as the EMV when a decision is being made will be near to zero as it's very low that it'll happen.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
She will be paying you $39,769 at the end of this year, $79,538 at the end of next year, and $119,307 at the end of the year after that.
The interest rate is 11.7 % per year.
A) We need to use the following formula:
NPV= Cf/[(1+i)^n]
NPV= 39769/1.117^1 + 79538/1.117^2 + 119307/1.117^3
NPV= 184,958.1
B) We need to use the following formula:
FV= PV*(1+i)^n
FV= 287,929.41
Answer:
All go to Sweden.
Explanation:
The two countries Germany and Sweden both can produce furniture and steel. Germany can produce one unit of steel or furniture in 12 days while Sweden can make one unit of steel in 15 days and one unit of furniture in 10 days. Germany has no advantage from the trade since it can produce both the goods in same time. Therefore all of the trade gain would belong to Sweden.
Answer: b. Adverse possession
Explanation:
Adverse possession could be described as occupying a property not yours legally. This occurs when the owner of such property can't be found or identified over a very long period of time, then the party going in goes about acquiring the property legally. The individual who acquires the property now could be seen as the legal owner of the property
Answer:
1. Option (A) is correct.
2. Option (C) is correct.
Explanation:
1. Micron's entry to record the dividend transaction is as follows:
Cash A/c Dr. $16,450
To Long - Term Investments $16,450
(In this case, since the holding interest is more than 20%, Equity method is used)
workings:
Dividend = $47,000 × 35%
= $16,450
2. The entry to record the receipt of dividend would be:
Cash A/c Dr. $12,000
To Dividend Revenue A/c $12,000
(To record the receipt of dividend)
Workings:
Dividend = 3,000 shares × $4 per share
= $12,000
