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IRINA_888 [86]
3 years ago
6

Sydney is an economist putting together an economic model to predict the outcome from particular causes and effects in the econo

my. What tool is best for testing out her model
Business
1 answer:
ladessa [460]3 years ago
8 0

Answer:

Mathematical functions

Explanation:

Mathematical functions is the term which is defined as the relation in term of mathematical, such that the each and every element of the given domain or the set of the function is linked or attached with an element of the another set or the range of the function.

So, the economist put the economic model in order to predict the outcome or the result from the specific cause and effect in the economy, the tool which is best suited is mathematical function as this function has mathematical relation  in such a way that every outcome is linked with particular effect as well as cause.

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When incorporating a business, which one of the following is not a major step to take?
lina2011 [118]

Incorporation of business means staring a new business in corporate form. At the time of incorporation of a business, it is necessary to file employee policies with the proper state agency important and preparation of articles of incorporation and bylaws, but holding an incorporator's meeting is not a major step.

Hence, the correct answer is:

B. Holding an incorporator's meeting

5 0
3 years ago
If a life insurance company sells a $240,000 life insurance policy with a one year term to a 25-year old lady for $210, the prob
MrMuchimi

Answer: $112.08

Explanation:

Given that,

Life insurance policy = $240,000

Cost = $210

Amount to be paid by company to old lady if she survives (A):

= $240,000 - $210

= $239,790

Probability that she survives (P1) = 0.999592

Probability that she doesn't survives (P2) = 1 - 0.999592

                                                                     =  0.000408

Expected value of this policy for the insurance company:

= (P1 × cost of policy) - (P2 × A)

= 0.999592 × $210 -  0.000408 × $239,790

= $209.91432 - $97.83432

= $112.08

7 0
2 years ago
Huggins Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 830 2 1,150 3 1,410 4 1,550 I
Rasek [7]

Answer:

$4,013.10.

$3,329.54.

Explanation:

If discount rate is 8%

PV of Cash Flows :

($830 / 1.08^1) + ($1,150 / 1.08^2) + ($1,410 / 1.08^3) + ($1,550 / 1.08^4)

$768.52 + $985.94 + $1,119.30 + $1,139.30

$4,013.10

If discount rate is 16%

PV of Cash Flows :

($830 / 1.16^1) + ($1,150 / 1.16^2) + ($1,410 / 1.16^3) + ($1,550 / 1.16^4)

$715.52 + $854.64 + $903.33 + $856.05

$3,329.54.

7 0
3 years ago
Enok, a prospective franchise owner, is looking to keep his monthly costs as low as possible. The franchisor he is checking out
Reika [66]

Answer:

(3) $3,750,000

Explanation:

The computation of the expect monthly sales to be as high is shown below:

Given that

Sales per month = $300,000

Royalty payments = 8% of sales

So, the expected monthly sales would be

= Sales per month ÷ Royalty payments percentage

= $300,000 ÷ 8%

= $3,750,000

We simply divided the sales per month by the royalty payment percentage i.e 8%

5 0
3 years ago
Tucker's Trucking is considering a project with a discounted payback period just equal to the project's life. The projections in
attashe74 [19]

Answer:

Total units will be 8845 units

So option (E) will be the correct option

Explanation:

We have given fixed cost = $81000

Operating cash flow = $16300

Let there are x units

We know that operating cash flow = Revenue - cost

So $16300=27\times x-16\times x-81000

11x=97300

x = 8845 units

So option (E) will be the correct option

6 0
2 years ago
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