Answer:
met with an existing client to discuss possible extension of a sales contract
Explanation:
The event above would not be recorded in pinnacle's accounting records due to the fact that it was just a conversation and not registered or recorded somehow.
Answer:
The Sharpe ratios for the market portfolio and portfolio A is 0.1677 and 0.2 respectively
Explanation:
The computation of the Sharpe ratio is shown below:
= (Expected Rate of Return - Risk-free rate of return) ÷ (Standard Deviation)
For Market portfolio, it would be
= (12.2% - 7%) ÷ (31%)
= 5.2% ÷ 31%
= 0.1677
For portfolio A, it would be
= (11% - 7%) ÷ (20%)
= 4% ÷ 20%
= 0.20
Simply we apply the Sharpe ratio formula in which the risk-free rate of return is deducted from the expected return and the same is divided by the Standard Deviation
Answer:
Given : Inverse demand function : P = 150 - 3Q
Marginal cost of producing at facility 1: MC1(Q1) = 6Q1
Marginal cost of producing at facility 2: MC2(Q2) = 2Q2
Here we will first find Total Revenue.
i.e. Total Revenue(T.R) = P*Q
T.R(Q) = (150 - 3Q)*Q = 
Where 
(a) MR = 150 - 6Q
(b) Since we know that profit maximizing condition is given as :
MR = MC
Therefore , profit maximizing condition for facility 1 is
= 
Similary profit maximizing condition for facility 2 is
= 
Now, evaluating these two equations. We get ;
-
Therefore, the profit maximizing level of output for facility 1 is
(c)The profit maximizing price is
P = 150 - 3Q
P = 90
Answer:
It would take exactly 37 years
Explanation:
If we suppose that the economy starts at 10,000 billion dollars in 2020, the economy would only double by the year 2057, reaching a value of 20,399 billion dollars.
If we substract 2020 from 2057, we obtain 37, which is the number of years it took for this economy to double growing at a rate of 2% per year.
