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3 years ago

Sequential games are used to analyze

Business

1 answer:

djverab [1.8K]3 years ago

8 0

Answer:

Situations in which one firm acts and other firms respond.

Explanation:

Sequential game refers to a game in a game theory in which one person or firm acts and other person or firm respond to this action. In this type of game, if there are two firms then one of the firm have to act first which means that second firm have some of the information about the first firm before acting.

Otherwise, there will be no significance of difference in time on the strategic effect.

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Carney Construction purchased a truck for $55,000 on January 1, 2015. The truck had an estimated useful life of 5 years and an e

ddd [48]

Answer:

The amount of depreciation would be recorded in 2016 was $12,000

Explanation:

Under the straight-line method, useful life is 5 years, so the asset's annual depreciation will be 20% of the Depreciable cost.

Depreciable cost = Total cost of the equipment - Residual value = $55,000 - $5,000 = $50,000

Under the double-declining-balance method the 20% straight line rate is doubled to 40% - multiplied times the Depreciable cost's book value at the beginning of the year.

Depreciation expense for 2015 = 40% x $50,000 = $20,000

At the beginning 2016, the Depreciable cost's book value is $50,000-$20,000 = $30,000

Depreciation expense for 2016 = 40% x $30,000 = $12,000

7 0

3 years ago

An establishment has three departments with variable costs as a percentage of sales revenue of 30 percent, 40 percent, and 50 pe

zalisa [80]

Answer:

60 percent

Explanation:

Contribution margin refers to the revenue a firm derives after deducting the variable cost it has incurred.

Contribution margin = Sales - Variable costs

Contribution margin or contribution to sales ratio represents the percentage of contribution a firm earns from the sale of it's output.

It is represented mathematically as,

= $\frac{Contribution\ margin}{Sales}$

Also, contribution margin ratio = 100 - variable cost ratio percentage.

Hence, contribution margin for three departments would be:

A = 100 - 30% = 70%

B = 100 - 40% = 60%

C = 100- 50% = 50%

This represents if sales revenue is 100, contribution margin earned is 70, 60 and 50 under three cases.

Since sales revenue in all three departments is the same, let us assume the sales revenue of a department as y.

$\frac{0.70y\ +\ 0.60y\ +\ 0.50y}{3y}$

Thus, weighted average contribution margin would be, 60 percent

7 0

2 years ago

Samara interviewed for a management position and was just asked back for a second interviewer with the head of the department. I

melisa1 [442]

Answer:

SEQUENTIAL INTERVIEW

Explanation:

A serial or sequential interview comprises of many successive interviews. This kind of scenario of interviewing can be exhausting and tedious. Even if you interview various people, the same answers may be asked again and again. Regardless of how many times you have had to repeat yourself, for each session you need to generate compelling passion.

4 0

3 years ago

A trucking company must deliver a product to a location 150 miles away. The company must pay the driver a wage of $14 per hour.

topjm [15]

Answer:

Speed of the truck should be 64.03 miles per hour to minimize the cost.

Explanation:

Data provided in the question:

Distance = 150 miles

Wage = $14 per hour

Cost of fuel = ( v² ÷ 250 )

Now,

Total time taken = Distance ÷ speed

= 150 ÷ v

Therefore,

Total cost, TC = Wage + Cost of fuel

= $14 × (150 ÷ v) + ( v² ÷ 250 )

= $\frac{2100}{v}+\frac{v^2}{250}$

for point of minima differentiating with respect to 'v'

TC'(v) = $-\frac{2100}{v^2}+\frac{2v}{250}$ = 0

$-\frac{2100}{v^2}+\frac{2v}{250}$ = 0

$\frac{v}{125}=\frac{2100}{v^2}$

v³ = 2100 × 125

v = ∛262500

v = 64.03 miles per hour

hence,

Speed of the truck should be 64.03 miles per hour to minimize the cost.

6 0

3 years ago

The accounting records of Bramble Corp. show the following data. Beginning inventory 2,830 units at $8 Purchases 8,110 units at

djyliett [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Beginning inventory 2,830 units at $8

Purchases 8,110 units at $10

Sales 9,418 units at $13

Average cost= (8 + 10)/2=9

FIFO (first-in, first-out)

COGS= 2,830*8 + 6,588*10= $88,520

LIFO (last-in, first-out)

COGS= 8,110*10 + 1,308*8= $91,564

Average cost method:

COGS= 9,418*9= $84,762

7 0

2 years ago