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2 years ago

The words "without recourse" on an indorsement means the indorser is

Business

1 answer:

Ulleksa [173]2 years ago

5 0

Answer: D. not liable if the instrument is dishonored.

Explanation:

The words "without recourse" on an indorsement means the indorser is not liable if the instrument is dishonored.

For example of a check is given to an individual without recourse, it simply means that in a case whereby the check is rejected, and not paid, the endorser will not be held responsible.

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You deposit $509 in a savings account and one year later you have $562. At the same time, the CPI increases from 126 to 143. Wha

GaryK [48]

Answer:

real interest rate = -3.08%

Explanation:

real interest rate = nominal rate - inflation rate

nominal interest rate = [($562/$509) - 1] x 100 = 10.41%
inflation rate = [(143/126) - 1] x 100 = 13.49%

real interest rate = 10.41% - 13.49% = -3.08%

since the real interest rate is negative, the investor actually lost money in real dollars. This means that the amount of goods that the investor could purchase before making the investment is higher than the amount of goods he/she will be able to buy after the investment.

6 0

3 years ago

‘A person starts a business venture because he lost his job’. Which form of entrepreneur is he.

irakobra [83]

Answer:

sole trader

Explanation:

couse he is running as well as managing his business..i hope that's it..

3 0

2 years ago

Read 2 more answers

Let x be per capita income in thousands of dollars. Let y be the number of medical doctors per 10,000 residents. Six small citie

MAVERICK [17]

Answer:

The percentage of variation esplained by the model is given by the determination coefficient, on this case:

$R^2 = 0.934^2 =0.872$

And we have 87.2% of the variation explained by the linear model given.

$\hat y = 5.756(8.5) -36.895=12.031$

And we have 12.031 doctors per 10000 residents.

Explanation:

Assuming the following dataset:

x y

8.6 9.6

9.3 18.5

10.1 20.9

8.0 10.2

8.3 11.4

8.7 13.1

Assuming this question: "The data has a correlation coefficient of r = 0.934. Calculate the regression line for this data. What percentage ofvariation is explained by the regression line? Predict the number of doctors per 10,000 residents in a town with a per capita income of $8500."

We want a linear model like this:

$y = mx +b$

Where m represent the slope and b the intercept for the linear model. And we cna find the slope and b with the following formulas:

$m = \frac{n \sum xy - \sum x \sum y}{n \sum x^2 -(\sum x)^2}$

$b = \frac{\sum y}{n} -m \frac{\sum x}{n}$

And from the dataset we have the following values:

$n= 6, \sum x =53, \sum y = 83.7 , \sum xy = 755.89, \sum x^2 = 471.04$

And replacing into the equation for m we got:

$m =\frac{6(755.89) - (53)(83.7)}{6(471.04) -(53)^2}=5.756$

And the intercept:

$b = \frac{83.7}{6}-36.895 5.756 \frac{53}{6}=-36.895$

And then the linear model is given by:

$\hat y = 5.756 x -36.895$

We can find the estimation replacing x = 8.5 into the linear model and we got:

$\hat y = 5.756(8.5) -36.895=12.031$

And we have 12.031 doctors per 10000 residents.

The percentage of variation esplained by the model is given by the determination coefficient, on this case:

$R^2 = 0.934^2 =0.872$

And we have 87.2% of the variation explained by the linear model given.

4 0

2 years ago

Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $70,000 and $3,600, r

tatyana61 [14]

Answer:

Uncollectible account expense $8,600

Explanation:

The computation of the amount as the Uncollectible Accounts Expense on its Year 2 income statement is given below:

Allowance account - Beg year 2 $3,600 Credit

Written off account $6,600 Debited by

Unadjusted balance in Allowance account $3000 Debit

Adjusted balance required in Allowance account $5,600 Credit

Uncollectible account expense $8,600

6 0

2 years ago

Due to the limited range of input and interaction among participants, few companies believe that a joint application development

grandymaker [24]

Answer:

It is false that Joint Application Development (JAD) group produces the best definition of a new system.

Explanation:

JAD group does not produce the best definition of a new system, here is why:

• JAD system incorporates participants with different opinions. Different opinions within the team make it difficult to align goals and maintain focus

• Depending on the size of the project, JAD may require a longer time that will put a strain on the execution of a project

• JAD is too expensive and can be cumbersome/difficult if group is too large

• JAD produces a details and information that is a tentative model not a complete development methodology.

5 0

2 years ago

Read 2 more answers