Answer:
Expected value is 5.5
Explanation:
Expected value = sum of X*P(x)
= 1/4*2 + 1/4*4 + 1/4*6 + 1/4*10
= 0.5 + 1.0 + 1.5 + 2
.5
= 5.5
Answer:
$73,600
Explanation:
Cash flow from Operating Activity
Cash sales $26,000
Collections on accounts receivable $99,000
Payments to suppliers ($47,000)
Cash generated from operations $78,000
Income taxes paid ($4,400)
Net cash provided by operating activities $73,600
therefore,
the amount of net cash provided by operating activities indicated by these transactions is $73,600
I liquidity needs
II investment time horizon
III existing assets including insurance holdings
IV intended use of the variable annuity
A. I and II only
B. III and IV only
C. I, II, III only
D. I, II, III, IV
Answer:
D. I, II, III, IV
1. liquidity needs
2. investment time horizon
3. existing assets including insurance holdings
4. intended use of the variable annuity
Explanation:
Before a registered representative gives recommendation on a variable annuity, the following actions amongst others should have been taken:
1. investment time horizon
2. liquidity needs
3. intended use of the deferred annuity
4. existing assets including life insurance
5. investment experience
6. investment objectives
8. obtain the customer's age,
9. annual income
10. financial situation and needs
Answer:
It is vital that every fun related environment like the one discussed in the text have an emergency team that handles such cases.
Below are a few steps that I would take to ensure the safety of my guests:
- <em>Diligently Mark out Restricted Areas:</em><em> This is the first step towards establishing a safe environment for guests.</em>
- <em>Ensure the availability of enough Key Staff Members.</em>
- Designate a staff to properly manage ticketing so as to curtail financial losses
- <em>A Lightning Alert System must be installed in the case of emergencies.
</em>
- <em>There must be a standby emergency medical unit just in case of sudden injuries, mechanical/technical error, and other health emergencies that may be life threatening.
</em>
- <em>There has to be a team carefully looking out for the guests.</em>
- <em>Ensure that restricted areas. signs are clearly shown and also put a staff in those sections to curtail any truant behavior by guests.</em>
<em />
<em>No additional costs should be added. The cost of a ticket should cover for all fun and health privileges. Additional costs may lead to a drastic reduction in customer base. The ticket cost should cover for everything.</em>