An individual has utility function U(x)=x1/4U(x)=x1/4 for salary, and is considering new job offer which pays $80,000 with a bonus. The bonus will be $0, $10,000, $20,000, $30,000, $40,000, $50,000, or $60,000, each with equal probability. What is the certainty equivalent of this job offer?
Answer:
108,280.22
Explanation:
Certainty equivalent is solved by taking the inverse utility function from the expected utility of a random wealth variable
U(x) = x^1/4
U^-1(x) = x^4
U^-1(x) === x^4
CE(x) = x^4
Salary Bonus Total income U(x)= x^(1/4) P(x) U(x)*P(x)
80000 0 80000 16.82 1/7 2.4
80000 10000 90000 17.32 1/7 2.47
80000 20000 100000 17.78 1/7 2.54
80000 30000 110000 18.21 1/7 2.6
80000 40000 120000 18.61 1/7 2.66
80000 50000 130000 18.99 1/7 2.71
80000 60000 140000 19.34 1/7 2.76
Sum 18.14
CE(x) = 18.14^4
CE(x) = 108280.22
So therefore, the certainty equivalent of this job offer is 108,280.22
Celia's firm has developed a breakfast cereal targeted toward children. Rather than compete in the mature U.S. market, she has decided instead to introduce the product in Europe, where she feels it will be innovative. Her advertising agency urged caution because__________.
a. print media are different in Europe, and it would be difficult to create a global campaign.
b. advertising regulations differ in other countries, including advertising to children.
c. domestic advertising agencies cannot earn commissions on advertising they place overseas.
d. research indicates that European children do not eat breakfast as often as American children.
e. literacy rates are significantly lower in Europe, and print ads would be ineffective.
Answer:
b. advertising regulations differ in other countries, including advertising to children.
Explanation:
Cecilia decided tolo introduce the her cereal advert in Europe, where she feels it will be innovative.
Thai was done to avoid competing in the mature U.S market.
It will be important for Cecilia to consider the advertising regulations on Europe.
There can be differences in what is considered appropriate in an advertisement in Europe.
She will need to ensure the content of her adverts complies with what is deemed appropriate content in Europe
Which of the following is a section found in most business plans?
A. Crowdfunding
B. Bank account information
C. Legal requirements
D. Target market
Answer:
D. Target market
Explanation:
Enjoy the response
Out of the choices provided above, the legal requirements and target market are the sections generally found in most of the business plans. Therefore, the options C and D hold true.
What is the significance of a business plan?A business plan can be referred to or considered as a plan that is a part of the functions of management of the business process throughout their entirety of operations. Planning is the first and foremost step in business operation.
A business plan includes the key elements that revolve around the operations to be carried out by a business organization. The legal requirements and target market are taken into consideration while making a business plan.
Therefore, the options C and D hold true and state regarding the significance of business plan.
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Select a product, either a good or service, that you consider to be in the decline phase of the Product Life Cycle. Discuss some of the options the company has for dealing with this product. What do you think is the best option, and why do you think so?
Answer:
Explanation:
just want points
Suppose that Chillmax Company now sells both pairs of shoes and fabric carryalls. The pairs of shoes are priced at $60 and have variable costs of $21 each. The carryalls are priced at $36 and have variable costs of $9 each. Total fixed cost for Chillmax as a whole equals $91,500 (includes all fixed factory overhead and fixed selling and administrative expense). Next year, Chillmax expects to sell 3,500 pairs of shoes and 875 carryalls.
Required:
1. Form a package of shoes and carryalls based on the sales mix expected for the coming year.
Answer:
The package of shoes and carryalls based on the sales mix expected for the coming year is:
= 4:1
Explanation:
a) This means for every 4 shoes, there is 1 carryall.
b) Data:
Company-wide Fixed costs = $91,500
Unit price of a pair of shoes = $60
The variable cost = $21
This gives a contribution to the fixed cost = $39 ($60 - $21) per unit
Unit price of carryalls = $36
The variable of carryalls = $9
This gives a contribution to the fixed cost = $27 ($36 - $9) per unit
Estimated quantity of pairs of shoes to be sold next year = 3,500
Estimated quantity of carryalls to be sold next year = 875
The ratio of shoes to carryalls = 3,500:875
= 3,500/875
= 4:1
The sales mix for Chillmax Company refers to the proportion of the company's total sales for each type of product sold (pairs of shoes and carryalls).
Question 6 of 10
Which of the following speeds will produce lowest miles per gallon?
A. 75 mph
B. 45 mph
C. 85 mph
D. 55 mph
WILL GIVE BRAINLIEST!!
Businesses supply goods and services to the marketplace because they have the right ___.
to earn a profit
of free enterprise
of private property
of competition
of freedom of choice
Answer:
Explanation:
Of free enterprise
What are some examples of how debt can be a good thing?
exposed brotherbro :>
Answer:
It can be good
Explanation:
I got not email long I and I will be there for you to come and see you again and I hope that we will have to get the name of our team and to be unconstitutional
A wealthy customer is very satisfied with her registered representative. She approaches the representative to ask him if he would like to be appointed as trustee over a trust account that she is establishing for her 2 grandchildren. If he accepts, he would be paid a trustee fee. Which statement is TRUE about this?
A. The registered representative cannot act as the trustee because he already manages another account for the customer
B. The registered representative cannot act as the trustee because he cannot accept a trustee fee
C. The registered representative cannot act as the trustee because of the conflict of interest
D. The registered representative can act as the trustee without restriction
Answer:
C.
Explanation:
In this scenario, the statement that is true is that the registered representative cannot act as the trustee because of the conflict of interest. A registered representative is technically a fiduciary to the client, which means that they must always perform actions that are of the client's best interests. If the representative started getting paid a part of a client's asset's fee then it would be conflicting with his duties because he would also be benefiting from the financial actions he is performing which may lead to performing an action that is not necessarily in the client's best interest.
The four-drive theory recommends keeping all four drives in balance; that is, organizations should avoid too much or too little opportunity to fulfill each drive.
A. True
B. False
how does supply and demand factor into ticket prices
Bank Of The North (B of N) gave out large loans to many of their customers. After reviewing the bank’s records, B of N sees that the bank is now below the Federal Reserve’s minimum reserve requirement. A member bank, Helper Bank, has excess reserves. B Of N borrows enough money from Helper Bank to reach their reserve requirement. The rate of interest that B of N will pay to Helper Bank for the loan is the ________ rate.a. intrabank b. institutional c. federal funds
Answer:
c. federal funds
Explanation:
As this case is concerned, Bank Of The North pay the interest to Helper Bank for the loan as per the Federal Fund rate.
Federal fund rate is the rate of interest on which one bank gives short term or overnight loan to other banks. The interest rate at which federal funds are being borrowed and lent is known as the federal fund rate. This rate is set based on the principle of demand and supply. For instance, if the demand is higher than the supply, this rate will go up.
Suppose that Defenestration decides to pay a dividend of only $2 per share this year and use the remaining $2 per share to repurchase stock. If Defenestration maintains this dividend and total payout rate, then the rate at which Defenestration's dividends and earnings per share are expected to grow is closest to what?
Answer:
Missing word "Defenestration Industries plans to pay a $4.00 dividend this year and you expect that the firm's earnings are on track to grow at 5% per year for the foreseeable future. Defenestration's equity cost of capital is 13%."
P0 = dividend payout per share/ (k-g)
Where g is firms earning growth = 5% or 0.05
And k is the cost of capital = 13% or 0.13
Therefore P0 = $4 / (0.13 -0.05) = $50
But if the payout is $2 per share and $2 per share is used to repurchase stock then to get the price of the stock in one year given the current price of $50.00, dividend at $2 and the 13% cost of capital we get
$50 = $2 + X / (1.13)
Therefore x = $54.5
At a current price of $50, we can expect that Defenestration Industries stock to sell for $54.50 immediately after the firm pays the dividend in one year
Therefore the growth is (54.5 -50)/50 = 9%
Which of the following are examples of reportable incidents? choose all that apply
a healthcare provider’s unexplained absence
a malfunctioning heart monitor
a patient asking for additional pain medication
a healthcare provider failing to respond to a patient’s alarm
Answer:
a healthcare provider failing to respond to a patient’s alarm
a malfunctioning heart monitor
a healthcare provider’s unexplained absence
Answer:
a b d
Explanation:
John works as a website designer and for a fee will perform tasks that help clients create or redesign their websites. In other words, John is providing what for each client?
A) a deficit
B) an export
C) an import
D) a service
3) Bill weighs 220 pounds and is losing 4 pounds each month. Phil weigh 250 pounds and is losing 10 pounds each month. How many months, m, will it take for Bill to weigh the same as Phil? How much will they weigh?
5 months and 200 pounds
4x5 = 20
220-20
200
10x5 = 50
250-50
200
Tony Manufacturing produces a single product that sells for $ 110. Variable costs per unit equal $ 30. The company expects total fixed costs to be $ 84 comma 000 for the next month at the projected sales level of 2 comma 700 units. In an attempt to improve performance, management is considering a number of alternative actions. Each situation is to be evaluated separately. Suppose management believes that a $ 80 comma 000 increase in the monthly advertising expense will result in a considerable increase in sales. Sales must increase by ________ to justify this additional expenditure? A. 1 comma 047 units B. 728 units C. 1 comma 050 units D. 1 comma 000 units
Answer:
Increase in units= 1,000 units
Explanation:
First, we need to calculate the current income:
Net income= total contribution margin - fixed costs
Net income= 2,700*(110 - 30) - 84,000
Net income= $132,000
Now, we the company should gain at least the same income to justify the increase in marketing expenses:
Increase in fixed costs= $80,000
Increase in units= increase in fixed cost / unitary contribution margin
Increase in units= 80,000 / 80
Increase in units= 1,000 units
Net income= 3,700*80 - 164,000
Net income= $132,000
1:
Default
2
3
Question 1 (6.66 points)
What will a business typically do next after it reviews applications and resumes for a
position?
5
6
8
9
Interviews are scheduled.
Set up at a job fair.
11
12
They post a job opening.
Schedule meetings with department heads.
Answer:
Interviews are scheduled.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed.
Generally, the category of people who are seeking employment or willing to change their job usually submit an application to job vacancies (positions) that are being posted by various companies or organizations.
After a business reviews applications and resumes for a position, what it would do next is to schedule an interview with the job applicants (candidates) that were selected because their skills and experience matches the minimum requirements of the business.
The interview process typically involves assessing the knowledge and skills set of all of selected the job candidates so as to enable the human resources manager (interviewer) pick the best candidate for the job.
Son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso
La respuesta correcta para esta pregunta abierta es la siguiente.
A pesar de que no se anexan opciones o incisos para responder, podemos decir lo siguiente.
Aquí estamos hablando de los costos históricos. Estos costos son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso.
Un buen contador dentro de la empresa, se basará en estos costos históricos para poder predecir o proyectar los costos predeterminados y tener cierta información de lo que puede suceder a corto o mediano plazo.
Recordemos que esos costos predeterminados son necesarios para que los contadores puedan elaborar presupuestos lo más apegados a la realidad y se puedan ajustar con el tiempo. Para elaborar estos costos predeterminados, el contador hace uso de herramientas estadísticas.
Why might a manager for a non-profit organization seem as concerned with his or her organization's financial well-being as a for-profit manager?
a. Non-profit managers are evaluated on financial performance only.
b. Non-profit managers try to give the illusion that they care about the "bottom line."
c. Not-for-profit organizations need to make money to continue operating.
d. Non-profit organizations have an obligation to turn a profit.
Answer:
c. Not-for-profit organizations need to make money to continue operating.
Explanation:
Non-profit organisations mainly focus on meeting their set objectives for example ensuring education is provided to poor children, health services reach the less privileged in society, and so on.
On the other hand for profit organisations mainly focus on turning a profit for the benefit of the business owners.
The manager for a non-profit organization will be as concerned with his or her organization's financial well-being as the for profit manager.
This is because non- profit organisations tend to have a tight budget and they will need to effectively manage resources available to them to ensure they keep functioning.
To help the team be successful, project managers need to understand the stages of project team development so that they can employ different leadership strategies in response to the behavioral characteristics of the team as they move through each stage of team development.
Answer:
True
Explanation:
In order to help the team to be successful the project managers first understand the stages of the project team development in order to adopt various kinds of leadership strategies that responded to the behavior attributes of the team as they need to pass from each and every stage of the team development
Therefore the given statement is true
Why is it good to be organized?
Answer:
its good to be organized to feel like you have your life together. it makes it easier to find things and makes you feel less stressed and anxious when the area youre in is organized and clean
Because when you are organized things are easier, you have an organized sleep schedule and your school things and papers are organized so it's easier to know where everything is. Also when you are organized you'll notice some things would run smoother than it would when you aren't organized. But you have to want to be organized.
Bank of Norasmus is one of the few banks that provides credit to disadvantaged communities. These loans are used for housing, small business creation, and education or personal development. Such an organization is said to be involved in _____.
Answer:
Socially responsible investing
Explanation:
Such an organization is said to be involved in socially responsible investing. Socially responsible investing is a type of investing that seeks to consider both social good and financial returns which are considered positive by the participants. This is also termed impact on investing. This investing encourages those practices which promote human rights, gender diversity, consumer protection, and also the environment.
4. Mrs. Derry is a retired receptionist living on a fixed income in a small apartment. Her power was recently cut-off because she’s been forgetting to pay her bill lately. She has trouble getting to the grocery store because her son took away her car after a few minor accidents. What organizations in your community might help Mrs. Derry to enjoy her retirement years?
Answer:
Explanation:
A retirement home organization would be the best option in this scenario to help Mrs. Derry enjoy her retirement years. These organizations provides all of the day to day help that an elderly person would need in order to live happily. This includes help with groceries, paying bills, cooking, driving, etc. Any and all tasks that the individual is not fully capable of doing anymore. These organizations also provide housing for retired individuals, making it easier to help them enjoy their retirement even more.
HELP PLS!!! If a customer is dissatisfied and disgruntled, a customer service profession should act as an intermediary,
negotiating understanding between the customer and the company.
O False
O True
Answ er:
Explanation:
Answer:
false
Explanation:
do this document and I will give you 100 points send it back to me completed all the directions are on here.
Answer:
I like chicken
Explanation:
You work for Greene-Mann Landscaping Company. A prospective client sends you the e-mail
below:
I would like to plant a tree in my backyard. We like to eat outside, and in the summer, the hot sun
burns down on our deck at dinnertime. I would like a tree that will be quick and easy to grow.
Based on the document shown, what would you recommend for this client?
A. An evergreen tree planted on the windy side of the house
B. An evergreen tree planted on the south side of the house
C. A deciduous tree planted on the windy side of the house
D. A deciduous tree planted on the south side of the house
E. A deciduous tree planted on the west side of the house
Answer:
The answer for this is E.
Based on the document shown, A deciduous tree planted on the west side of the house is recommended. Option E is an appropriate response.
What is a deciduous tree?At the end of the growing season, deciduous trees shed their broad, flat leaves. It differs from most evergreen trees (which typically retain needle foliage throughout the seasons) and coniferous trees (usually evergreens that produce cones). There are, however, deciduous conifer trees like golden larch and dawn redwood. You can also tell if a tree is deciduous by its round shape, as opposed to an evergreen's upside-down cone shape.
During the hotter months, deciduous trees provide shade and block heat from the sun, and by dropping their leaves in the fall, they admit sunlight during the colder months.
Hence, option E is an appropriate response.
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Select a product, either a good or service, that you consider to be in the decline phase of the Product Life Cycle. Discuss some of the options the company has for dealing with this product. What do you think is the best option, and why do you think so?
Answer:The product example in the declining phase is the Sony VCRs
Explanation:Decline phase is reached when sales and profits of a product fall.it is therefore characterised by rate of change to consumers tastes and rate by which new prosucts reach the market.
Company can deal with the product at a declining phase in the following ways:
1.The company can aid by reducing the promotional expenditure
2.The company can opt to reducing the number of distribution outlet that deal with sales of the products
3.The company can concentrate on the price cuts so that they can obtain customers who van purchase their products
4.The company can look upon the alternative use of the product.
Best option is maintaining the product , in a way rejuvenating it so that we ad features to it so that we can find its alternative use.
when the price of good is RS4 the demand for the good is 25 units if the price increses to RS5 the demand falls to 15 units claculate the price elasticity
Through a comparable company analysis for Alibaba, you determined a P/E ratio of 6.0x is appropriate to value the company. Based on this metric, what is the implied Enterprise Value of Alibaba?
Answer:
hello your question is incomplete attached below is the complete question
answer : $ 1,391.692 ( first option )
Explanation:
Given P/E ratio = 6.0
Determine Implied Enterprise value
Implied Enterprise value = (EBITDA * P/E ratio ) + Net debt (cash )
where EBITDA = $205.663
P/E ratio = 6
Net debt = $157.714
hence Implied Enterprise value = (205.663 * 6)+ 157.714 ≈ $ 1,391.692
NOTE : all $ values are in millions
The implied Enterprise Value of Alibaba is $740,366
The calculation is as follows:Implied equity value = NTM earnings × P/E ratio
= $149,680 × 6.0
= $898,080
Now Implied enterprise value
= Implied equity value + Net debt
= $898,080 - $157,714
= $740,366
Therefore we can conclude that The implied Enterprise Value of Alibaba is $740,366
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