Answer:
a. both firms produce a good quality product.
Explanation:
There are two companies Acme and Pinnacle that can either make good or poor products, which generate a table of four possible outcomes, that is, either they both make good products or not or either company makes good or poor products.
Assuming this was a game that was played once, the table drawn shows that the first outcome is that both companies make good products with a profit margin of $6 million.
<span>The total cost will vary depending what combination of explorations are successful and what are unsuccessful. The lowest cost would be if all explorations were unsuccessful and the highest cost would be if all of them are successful. In this scenario, the lowest cost would be $170,000 and the highest cost would be $320,000. Every other combination of success and failure would result in costs between those two numbers.</span>
Answer:
C. State and local governments
Explanation:
Securities are commercial debts or equity instruments sold to investors in the financial markets. Public-listed corporations or the government may issue securities as a way of raising capital. The Securities Act of 1933 requires securities registered with the SEC and abide by the other provisions in the act, such as full disclosure of financial information.
However, not all securities issued must be registered with the SEC. Exemptions are granted to certain types of securities. Financial instruments issued by or having government backing are considered to have the exception status.
Answer: $7500
Explanation:
The following can be deduced from the question:
Accounts Receivable balance= $100,000
Allowance for Doubtful Accounts = $500
Net credit sales = $150,000.
Percentage-of-sales approach states that the amount of bad debt expense that is recognized by a company will be calculated as a percentage of the credit sales that are generated during the current accounting period.
Using the percentage of credit sales method, the ending balance in the "Allowance for Doubtful Accounts" will be:
= Net credit sales × percentage of credit sales uncollected in the past
= $150,000 × 5%
= $150,000 × 0.05
= $7500
Answer:
Large box weighs 18 kg and small boxes weighs 6.5 kg.
Explanation:
From source, the correct question is:
Delivery of 5 large boxes and 2 small boxes has a total weight of 103 kilograms.
Delivery of 3 large boxes and 8 small boxes has a total weight of 106 kilograms.
Let the weigh of large box = x
The weigh for the small box = y
So,
5 x + 2 y = 103 - -----1
3 x + 8 y = 106 - -----2
Solving,
2y = 103 - 5 x
Applying in 2 as:
3 x + 4*(103 - 5 x) = 106
x = 18 kg
y = 6.5 kg
<u>Thus, Large box weighs 18 kg and small boxes weighs 6.5 kg.</u>