Answer and Explanation:
The stakeholders include:
1. The rush in preparing the financial statements for the quarter
2. The overstatement of an account by $1000 on either the debit or credit side of the trial balance
Ethical issues:
1. She has been dishonest by plugging a figures $1000 into a wrong account
2. There could be loss of cash as the difference of $1000 could be caused by a liability account
Alternatives:
1. A suspense account could have been opened for the difference of $1000 and plugged into the trial balance
2. An account with the difference $1000 unknown could have been opened
Answer:
Option (D) 1.29%
Explanation:
Data provided in the question:
Treasury bill returns over four years :
4%, 3%, 2%, and 5%
Now,
Average return = (4% + 3% + 2%+ 5%) ÷ 4
= 3.5%
Standard deviation = [ ∑(Return - Mean)² ] ÷ [ n -1 ]
= [ (4% - 3.5%)² + (3% - 3.5%)² + (2% - 3.5%)² + (5% - 3.5%)² ] ÷ [ 4 - 1 ]
= 3.87% ÷ 3
= 1.29%
Hence,
Option (D) 1.29%
Answer:
the question is incomplete:
It happens that the set of consumption bundles (xA,xB) such that Charlie is indifferent between (xA,xB) and (20,5) is the set of all bundles such that xB = 100/xA. The set of bundles (xA,xB) such that Charlie is just indifferent between (xA,xB) and the bundle (10,15) is the set of bundles such that xB = 150/xA.
I also found the attached graph.
The requirements are:
- Is (30,5) ≈ (10,15) true or false?
- Is (10,15) > (20,5) true or false?
- Is (20,5) ≥ (10,10) true or false?
- Is (24,4) ≥ (11,9.1) true or false?
- Is (11,14) > (2,49) true or false?
- A set is convex if for any two points in the set, the line segment between them is also in the set. Is the set of bundles that Charlie weakly prefers to (20,5) a convex set?
- Is the set of bundles that Charlie considers inferior to (20,5) a convex set?
- The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his ______________ ___ of ___________ at that point.
- Find Charlie’s marginal rate of substitution at the point (10,10).
- Find Charlie’s marginal rate of substitution at the point (5,20).
- Find Charlie’s marginal rate of substitution at the point (20,5).
- Do the indifference curves you have drawn for Charlie exhibit diminishing marginal rates of substitution?
Answers:
- true, they are on the same red line
- true, (10,15) is on the red line while (20,5) is on the blue line
- true, they are equivalent since both are on the blue line
- false, (11,9.1) is on the blue line and (24,4) is on the red line
- true, (11,14) is on the red line while (2,29) is on the blue portion
- yes, it is a convex set
- no, they are not a convex set
- The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his <u>RATE</u> of <u>SUBSTITUTIO</u>N at that point.
- marginal rate of substitution at (10,10) = -10/10 = -1
- marginal rate of substitution at (5,20) = -20/5 = -4
- marginal rate of substitution at (20,5) = -5/20 = -1/4 = -0.25
- yes, this curves shows diminishing marginal rates of substitutions, e.g. goes from -4 to -1 to -0.25
Answer:
Respect
Explanation:
At the fourth level in Maslow´s hierarchy, is the need for respect.
When the needs at the bottos have been satisfied, the esteem needs begin to play a more prominent role in motivating behavior. The first three steps in the maslow hierarchy are: physiological, safety and love.
Answer:
the numbers are missing, so I looked for a similar question and found:
<em>Determine which is the better investment: 5.22% compounded semiannually or 5.24% compounded quarterly. Round your answers to 2 decimal places.</em>
- effective interest rate for semiannual compounding = (1 + 5.22%/2)² - 1 = 5.29%
- effective interest rate for quarterly compounding = (1 + 5.24%/4)⁴ - 1 = 5.34%
Compounded quarterly is a better investment than compounded semiannually
Explanation:
The shorter the compounding period, the more interests received (or paid if it is a loan) and the nominal interest rate is the same:
E.g. lets assume that the nominal interest rate is 10% per year:
- effective interest rate for annual compounding = 10%
- effective interest rate for semiannual compounding = (1 + 10%/2)² - 1 = 10.25%
- effective interest rate for quarterly compounding = (1 + 10%/4)⁴ - 1 = 10.38%
- effective interest rate for monthly compounding = (1 + 10%/12)¹² - 1 = 10.47%