Answer:
a ) Probability of default of debt over the time to maturity is 12.92%
(b ) Expected loss: $39.53
(C ) Present value of expected loss is $45.59
Explanation:
a ) Probability of default of debt over the time to maturity is 12.92%
(b ) Expected loss: $39.53
(C ) Present value of expected loss is $45.59.
Values calculated as shown in my detailed step by step answer at the attachment.
please kindly refer to attachment.
Answer: Keynesian Economic Theory
Explanation: The policy adopted by the President was to cut back taxes and increase government spending on road, bridges and schools. This policy of the government is called the expansionary fiscal policy which is used to combat an economy suffering from recession. The Keynesian theory also supports the argument that when an economy is suffering from recession, economic output is influenced by aggregate demand. Thus, the government and use its fiscal policy tools to bring the economy out of recession. It also supports that the Fed can also use its monetary policy to bring the economy out of recession. But since here taxes and government spending are uses, we can say that Obama was a proponent of <em>Keynesian Economic theory</em>.
Answer:
The answer is:
A 15% increase in inventory turns for Toys by Tom, Inc. would bring this ratio to 4.8 times, suggesting improvement in efficiency.
Explanation:
We have the current Inventory turnover = COGS / Inventory = 41,700/10,000 = 4.17 times
=> An 15% increase in the Inventory turnover will bring the Inventory turnover ratio to: 4.17 x 1.15 = 4.8 times;
Increasing in inventory turnover may be the result of higher sales ( thus higher COGS) or low level of inventory holding - thus limiting the resources spending on idle inventory. So, higher level of inventory turnover in someways suggesting improvement in efficiency.
Answer:
Net Increase in profit is $27,000
Explanation:
* The data was missing in this question, a similar question is attached with the answer, and answer is made accordingly. Please find it.
Sales ( $350,000 x 120% ) = $420,000
- Variable cost ( 40% ) = $168,000
- Traceable fixed cost( 175000+15000) = <u>$190,000</u>
Net Profit = $62,000
Net Increase in Net Income = $62,000 - ( 350,000 - (350,000 x 40%) - 175,000 ) = 27,000
Option D, The given educational requirement would most likely be stated in the job specification for this position.
<u>Explanation:
</u>
A job description is a written account that specifies the duties and obligations of a work, or other related functions.
A written statement of requirements for jobs, professional training, experience level, physical, mental, technological and interpersonal skills required to carry out employment, activities involved in a job and other unique sensory demands is also known as workplace criteria.
The criterion for an applicant is a definition of abilities, expertise, experience, knowledge and other qualities that a candidate will obtain (selection criteria) in order to fulfill the tasks. The definition of the work should be extracted and the basis for the hiring process.
