<span>The total number of students = 280
Sum of ages of children = 3238
Let the number of children of ages 11 year old = x
and the number of children of ages 12 year old = y
Equation 1. x+y=280
Equation 2. 11x + 12y = 3238
From Equation1. y= 280-x
Now, put the value of Y in equation 2 which gives 11x+12(280-x) = 3238
from this, 11x + 3360-12x = 3238
x = 3360-3238
x = 122 = children of age 11 years.
putting value of x in equation 1,
122+y = 280
y = 280-122
y =158 = children of age 12 years
Answer. children of age 11 years =122</span>
Answer:
Option (1) is correct.
Explanation:
The value of imports refers to the amount of goods that are purchased by the residents of the home country from the foreign country. While calculating the gross domestic product (GDP) of a particular nation the value of imports is subtracted from the value of exports of that nation.
The value of imports doesn't contribute towards the domestic production of United States because these goods are produced in the foreign country.
GDP = Consumption + Investment + Government spending + Net Exports
= Consumption + Investment + Government spending + (Exports - Imports)
Answer:
The total amount of cash received is $91,350,000
Explanation:
The amount of cash proceeds realized from the bond issuance is the 99% of face value of $90 million plus the coupon interest due from January 2018(date of the bond) to April 1 ,2018(the date of bond issuance),that is three months of coupon interest payment.
The bond proceeds is computed as below:
Discounted bond price 99%*$90,000,000 =$ 89,100,000
Three months of interest 10%*$90,000,000*3/12 =$2,250,000
Total amount received from bond issue $91,350,000
Answer:
A) Information asymmetry.
Explanation:
An information asymmetry can be defined as a situation where there is an imbalance of information between two parties in their knowledge of important points, factors and details. Thus, because one party has more information or knowledge than the other, this usually results in an inefficient outcome and or failure.
The theory of information asymmetry was developed and introduced by three (3) notable Nobel prize winning economists, namely; Michael Spence, George Akerlof and Joseph Stiglitz.
In this scenario, Matthew a divisional manager at Venus Inc. reports to the CEO of the company. Matthew has more employees working for him than required and he has not told the CEO about this, even though there are other departments that are in need of more employees.
<em>Hence, the concept illustrated here is an information asymmetry.</em>
Answer:
Option C. It provided individual incentives; now it provides organizational incentives.
Explanation:
The reason is that incentives were previously assessed on the individual performance and now changing it to stock option reflects that if the whole of the organization will perform well then all of them will benefit from the increase in the value of the company shares which benefits employee, organization and the shareholders as well.
