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Olenka [21]
2 years ago
5

What does a management accountant need to do before he or she can take

Business
1 answer:
lara [203]2 years ago
6 0

Answer:

A

Explanation:

Have two years of professional experience

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4. Consider the game of chicken. Two players drive their cars down the center of the road directly at each other. Each player ch
IrinaVladis [17]

Complete question:

Consider the game of chicken. Two players drive their cars down the center of the road directly at each other. Each player chooses SWERVE or STAY. Staying wins you the admiration of your peers (a big payoff) only if the other player swerves. Swerving loses face if the other player stays. However, clearly, the worst output is for both players to stay! Specifically, consider the following payouts. Player two Stay swervePlayer one stay -6 -6 2 -2 swerve -2 2 1 1

a) Does either player have a dominant strategy?

b) Suppose that Player B has adopted the strategy of Staying 1/5 of the time and  swerving 4/5 of the time. Show that Player A is indifferent between swerving and staying.

c) If both player A and Player B use this probability mix, what is the chance that  they crash?

Explanation:

a. There is no dominant strategy for either player. Suppose two players agree to live. Then the best answer for the player is to swerve(-6 versus -2).  Yet if the player turns two, the player will remain one (2 vs 1).  

b. Player B must be shown to be indifferent among swerving and staying if it implements a policy (stay= 1⁄4, swerving= 5/4).

When we quantify a predicted award on the stay / swerving of Player A, we get

E(stay)= (1/5)(-6)+ (4/5)(2)= 2/5 E(swerve)= (1/5)(-2)  

c. They both remain 1/5 of the time. The risk of a crash (rest, stay) is therefore (1/5)(1/5)= 1/25= 4%

4 0
2 years ago
what is the amount of the overall tax (corporate level + shareholder level) on the $590.000 of pre-interest expense earnings if
andre [41]
$54,000 is a reasonalble amount
6 0
2 years ago
Read 2 more answers
What drivers for unethical behavior are evident in reviewing the actions of Bernard Madoff and the managers of the Stanford Fina
GREYUIT [131]

The unethical behavior of the Bernard Madoff and the managers of the Stanford financial groups are fraudulent and they aims at their personal gain and the wealth they earned through the concept of self dealing

Explanation:

They were clearly involved in such activities due to over-zealous and for their personal gain and in the pursuit of wealth and self interest. His main reason for existing his business was for funding his lifestyle and his expenses.

This is totally unethical or amoral in the work climate and it is the sole purpose or the duty of the company to ignore what is right and what is wrong and to get away with the strategy that they are not suitable with.

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3 years ago
Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investin
vodomira [7]
1. Make a financial plan. 2. Pay off any high interest debts. 3. Start saving and investing as soon as you’ve paid off your debts.
7 0
3 years ago
At December 31, 2016, Finzelberg Company had a credit balance of $15,000 in Allowance for Doubtful Accounts. During 2017, Finzel
Setler79 [48]

Answer:. ............$

1. Bad debt Dr. 11.0000

Account receivable Or. 11.000

Narration: Bad debts writing off debtors

2. Cash/Bank. Dr 1800

Profit or loss Cr. 1800

Narration. Bad debt previously written off recovered

3. Profit or loss Dr 4000

Allowance for doubtful debts Cr

4000

Narration. Increase in provision for doubtful debts.

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