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LenKa [72]
3 years ago
11

Bill Phillips is developing a Monte Carlo simulation to value a complex and thinly traded security. Phillips wants to model one

input variable to have negative skewness and a second input variable to have positive excess kurtosis. In a Monte Carlo simulation, Phillips can appropriately use:_________
Business
1 answer:
olchik [2.2K]3 years ago
5 0

Answer: Both of them

Explanation:

The Monte Carlo Simulation is a forecasting technique that allows one to find out the probability of occurence of different outcomes which may be difficult to come up with because there are multiple random variables involved.

Monte Carlo simulations are used in many diverse fields such as Finance, Engineering and Science.

As earlier mentioned, this simulation allows for multiple random variables so Phillips can use it to model both the variables to have different characteristics.

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Ashton Company uses the perpetual method. The company's inventory account had a $6,600 balance as of December 31, Year 1. A phys
Lunna [17]

Answer:

Decrease Profit and Inventory Asset value as well.

Explanation:

This will Decrease the closing inventory value which will increase the cost of goods, decrease the profit and ultimately decrease the retained earning value in the balance sheet. It also decrease the Inventory value in the current assets section of balance sheet, which will ultimately decrease the total asset value.

7 0
3 years ago
James Corporation owns 80 percent of Carl Corporation's common stock. During October, Carl sold merchandise to James for $307,00
Arturiano [62]

Answer:

$69,075

Explanation:

James Corporation

Merchandise remaining in James’s inventory:

$307,000 × 50% = $153,500

Intra-entity gross profit:

$153,500 × 45% = $69,075.

James’s ownership percentage of Carl will have no impact on this computation.

Therefore the amount of intra-entity gross profit in inventory at December 31 that should be eliminated in the consolidation process is $69,075

7 0
3 years ago
If a customer writes 26 checks per month, which bank will charge her the least in fees
In-s [12.5K]
NBT bank of america on Mohawk Street
7 0
3 years ago
Read 2 more answers
Recently Anheuser-Bush, an American Corporation, and InBev, a Belgian Corporation, finalized a multibillion dollar merger to for
bulgar [2K]

Answer:

Horizontal merger

Explanation:

An horizontal merger is a consolidation or merging of companies that are the same industry. Merging of companies in the same industry helps the companies to have a greater market share of the industry.

As seen in the question below, both companies are beer companies and are consolidating or merging to form the largest beer company in the world. This wold give them a global coverage as opposed to the few countries they were restricted to before the merger.

Cheers.

4 0
3 years ago
All of the following are required resources for differentiation except: Strong marketing capability. Corporate reputation for qu
zimovet [89]

Answer:

For comprehension purpose, I would attach options to the question:

All of the following are required resources for differentiation except:

A. Strong marketing capability B. Corporate reputation for quality. C. Product engineering. D. Intense supervision of labor.

The correct answer is Option D (Intense supervision of labor)

Explanation:

The differentiation asked in the question above is product differentiation.

Product differentiation, in Economics, talks about the efficient way a producer or seller of a product makes it unique in the market thereby creating an edge between the product and other similar ones or other products.

So, strong marketing capability exposes the strength and uniqueness of the product to prospective buyers which in turn brings sales.

Corporate reputation and product engineering are a strong boost in sales, as reputable companies and the physical appearance of a product tend to get easy acceptance in the market. While Intense supervision of labor may increase the efficiency of production but it is not to be considered as a resource for differentiation.

8 0
3 years ago
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