Becky is offered the two deals below. Deal 1: She will get a quarter on the first day of the week. Each day thereafter for one week, she will receive double what she received on the previous day. Deal 2: She will get $4 each day for 1 week. Which statement is true in every aspect regarding these two deals

Answers

Answer 1

Answer:

She should go with deal 1 is greater than by $3.75.

Explanation:

The computation is shown below:

As in the first deal we have shown in a geometric sequence

We can represent Deal 1 as a geometric sequence:

[tex]g_n=0.25(2)^{n-1}[/tex]

where,

The 0.25  = first term,

2 = common ratio (as it doubles every day)

and n = the term number.

Now for determining the total money amount, first we have to calculate the sum

i.e

[tex]\Sigma_{n=1}^7(0.25)(2)^{n-1}[/tex]

After solving this,

we get 31.75.

Now for Deal 2

It could be shown as

4(7) = 28.

So as we can see that the deal 1 is greater than Deal 2


Related Questions

Munster Company reports the following net cash in its statement of cash flows: net inflow from operating activities: $200; net outflow from investing activities: $300; net outflow from financing activities: $50. The ending balance in cash is $20; the beginning balance must have been

Answers

Answer:

$170

Explanation:

Given the following information about Munster company:

Net inflow from operating ACTIVITIES = $200

Net outflow from investing ACTIVITIES =  $300

Net outflow from financing ACTIVITIES = $50

Ending balance in cash = $20

BEGINNING BALANCE :

Outflows + ending balance - inflow

(Outflow from investing ACTIVITIES + outflow from financing ACTIVITIES + ending balance in cash) - inflow from operating activities

($300 + $50 + $20) - $200

$370 - $200

= $170

write 3 importance/ benefits of life insurance.​

Answers

Answer:

A life insurance policy can pay off any debts that you leave behind that would be a burden to your family. Debts such as a mortgage, credit cards, car loans and even your funeral expenses can have a dramatic impact on your family and their lifestyle.

Explanation:

Any debts that you leave behind and that would be a burden on your family can be paid off by a life insurance policy. Debts like a mortgage, credit card debt, auto loans, and even funeral costs may significantly affect your family's livelihood.

By purchasing life insurance, you may shield your spouse and kids from the potentially catastrophic financial losses that could arise in the event of your passing. It offers financial stability, aids in debt repayment, assists in covering living expenditures, and aids in covering any last or medical costs.

The vast majority of experts concur that you absolutely must obtain life, health, long-term disability, and car insurance. Small company owners, working parents, stay-at-home parents, retirees, childless singles, and empty nesters all stand to gain from life insurance, in general.

Learn more about insurance here:

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In an addendum to the purchase and sale contract, the seller agrees to paint the house before conveying the house to the buyer. The weather changes, and the seller is unable to finish painting the house before closing. This is an example of _______.

Answers

Answer:  Partial performance

Explanation:

Partial performance is described as the completion of a job that forms a portion of a contract.

Here,  the seller agrees to paint the house before conveying the house to the buyer. The weather changes, and the seller is unable to finish painting the house before closing.

This indicates a part of job is done.

Hence, this is an example of partial performance.

Companies that organize their sales force by customer and territory; product and territory; product and customer; or territory, product, and customer are using a ________ sales-force structure.

Answers

Answer:

complex.

Explanation:

A complex sales-force structure is one that contains a diverse sales team design. The organizations that adopt this sales force structure are usually those that offer a diverse range of products for each type of customer and in different geographic areas, so you need to combine different types of sales force structures to achieve your sales objectives and goals. sales according to the preferences and profile of each customer in each location.

The seller told the listing broker that the seller's loan was assumable. Upon reviewing the seller's loan documents the listing broker found the mortgage was not assumable and the seller would have to pay off the mortgage upon sale. What clause did the listing broker discover upon reading the mortgage document

Answers

Answer:

Due on sale clause

Explanation:

A due on sale clause is the clause in which there is a promissory note or a loan that specified that the full balance could be called up at the time of sale or ownership transfer in order to protect the note

Therefore in the given situation, since it is mentioned that the seller has to pay the amount at the time of sale

So this represents the due on sale clause

In concert with quality management programs, _______ controls help monitor the quality of goods or services at each step in the production process to alert managers to problems. feedforward concurrent feedback bureaucratic clan

Answers

Answer:

The correct answer is B) Concurrent Controls

Explanation:

Concurrent controls is a management sub-concept in Organisational Control.

Concurrent control is exerted while the activity such as production or manufacturing or service delivery is ongoing, not before or after.

If the control is executed afterwards, it no longer Concurrent but Feedback Control.

Another word for concurrent control is "Yes-No" control or Screening control. Where this is deployed, regular checks are put in place in real-time to ensure that timely course correction is made during the event.

Cheers!

Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of

Answers

Complete Question:

Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of?

Group of answer choices

A) too much control.

B) overemphasis on paperwork.

C) overemphasis on means instead of ends.

D) overemphasis on one instead of multiple approaches.

E) too little participation.

Answer:

D) overemphasis on one instead of multiple approaches.

Explanation:

In this scenario, Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift.

Hence, this organization has overcome the control system barrier of overemphasis on one instead of multiple approaches.

This ultimately implies that, Anchor Resort and Casino has a variety of ways to ensure that its dealers are operating in line with set rules, standards, guidelines and policy of the company, so as to achieve organizational aims, goals and objectives successfully.

The multiple approach of the control system includes;

1. The casino dealers are expected to possess a license.

2. The casino dealers are being monitored through a closed-circuit TV (CCTV).

3. The casino dealers are required to give detailed reports at the end of each shift.

what is current capital , future human capital and human capital ? is there a difference?

Answers

Answer:

it's money or dollarsand no there's no difference

Profits from a sole proprietorship are reported as taxable income and Question 5 options: can be reported as a deduction. are subject to a self-employment tax of approximately 15%. can be deferred to the next tax year. can't be taxed again in a future tax year.

Answers

Answer:

(B) are subject to a self-employment tax of approximately 15%.

Explanation:

Managers who believe that their native country, culture, language, and behavior are superior to all others are ____ managers. Multiple Choice maquiladoras geocentric polycentric ethnocentric diverse

Answers

Answer:

ethnocentric

Explanation:

ethnocentric managers believe that their culture is superior to other cultures.

polycentric mangers are mangers who believe that native managers in foreign offices are best suited to mange native workers

geocentric Managers believe that there are differences and similarities between home and foreign workers and practices. they believe that techniques adopted should be the most effective.

You've been brought in as a security consultant for a small bicycle manufacturing firm. Immediately, you notice that they're using a centralized key-generating process, and you make a note to dissuade them from that without delay. What problem is created by using a centralized key-generating process?

Answers

Answer: Key transmission

Explanation:

Using a centralized key-generating process always leads to key transmission.

Many gluten-free food options are found on the store shelves in the United States, but they are scarcely available in international markets. Given the increasing awareness of a healthy lifestyle, such products satisfy an unmet need. Therefore, a product such as gluten-free food in international markets:_________.

Answers

Answer: Is likely to have greater value

Explanation:

Gluten-free food are food that are safe to eat. Examples are most dairy products, such as cheese, butter and milk, fruit and vegetables, meat and fish (although not breaded or battered)

potatoes, rice and rice noodles. Although they are available at stores in America, they are scarce in the other part of world due to how they are valued. The demand of such food in those region is higher than that of America hence their shortage there.

Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders and managers come from many different nations. If some of the nations where it operates decided to take over the assets of the company, this act would constitute

Answers

Answer: expropriation

Explanation:

Expropriation is a situation that occurs when the government collects a particular property from the owner of the property and utilizes it for public benefits or use.

Since we are informed in the question that some of the nations where the company operates decided to take over the assets of the company, this act would result in expropriation.

Your answer

What is an application letter?



A: An application letter is used to apply for a specific job and includes keywords from the job posting.


B: An application letter describes in detail your schooling, work experience, and any other experience.


C: An application letter summarizes your intern experience for potential employers.


D: An application letter is used to inquire about open positions or positions that may open in the near future

Answers

Answer:

A: An application letter is used to apply for a specific job and includes keywords from the job posting.

Explanation:

The application letter is the letter in which the employee apply for the particular job to the employee for expressing the interest in the position posted by the employer.

Also it is known as cover letter

Therefore according to the given options the first option is appropriate for the application letter

Answer:

A: An application letter is used to apply for a specific job and includes keywords from the job posting. (apex)

Maya owes $20,000 on her credit cards, her adjustable mortgage rate has just gone up, and she has been out of work for 3 months. Her husband of 15 years came home today to tell her he was having an affair and wants a divorce. With that news, she collapsed and had to be taken to the emergency room. According to Hans Selye, Maya is in which stage of the general adaptation syndrome

Answers

Answer: exhaustion

Explanation:

Given the information provided in the question, we are told that Maya collapsed and had to be taken to the emergency room. According to Hans Selye, Maya is in the exhaustion phase of the general adaptation syndrome.

At this stage, Maya's energy resources has been depleted after failing to recover from shock.

The HR department at Trevor Communications oversees the recruitment and training of employees at the firm.As the firm grows and recruits more employees,overseeing individual training programs has been come too much for HR staff to handle.Which of the following applications should the HR department use to help with employee training?A) A customer relationship management systemB) A management information systemC) A learning management systemD) A decision support systemE) An executive decision-making system

Answers

Answer:

C) A learning management system

Explanation:

Analyzing the above scenario, it is clear that the learning management system would be very useful to the HR department at Trevor Communications.

This system can be defined as a learning process that takes place in a virtual way, in an environment where each individual can access learning content in an interactive and dynamic way, by accessing a tool that contains the content and information necessary for specific learning.

This system confers several advantages to the organization, such as the elimination of personnel costs, greater ease of monitoring and follow-up, greater availability, ease of implementation and evaluation.

The following information is for the standard and actual costs for the Happy Corporation:
Enter favorable variances as negative numbers.
Standard Costs:
Budgeted units of production - 16,000 [80% (or normal) capacity]
Standard labor hours per unit - 4
Standard labor rate - $26 per hour
Standard material per unit - 8 lbs.
Standard material cost - $12 per pound
Standard variable overhead rate - $15 per labor hour
Budgeted fixed overhead - $640,000
Fixed overhead rate is based on budgeted labor hours at 80% (or normal) capacity.
Actual Cost:
Actual production - 16,500 units
Actual fixed overhead - $640,000
Actual variable overhead - $1,000,000
Actual labor - 65,000 hours, total labor costs $1,700,000
Actual material purchased and used - 130,000 lbs, total material cost $1,600,000
Actual variable overhead - $1,000,000
Determine the Quantity Variance
a. 24,000 unfavorable
b. 24,000 favorable
c. 12,000 unfavorable
d. 12,000 favorable

Answers

Answer:

a. 24,000 unfavorable

Explanation:

Quantity Variance = Standard Price ( Actual Quantity - Standard Quantity Allowed)

             = $12 per pound  (8 lbs.*16,500 lbs-8 lbs.*16,000)

= $ 12 (132,000 lbs-130,000 lbs) = $ 12 (2000)= 24,000 unfavorable

It is unfavorable because the actual quantity used is more than the standard quantity allowed.

Quantity variance is obtained by multiplying the standard price with the difference in the actual quantity used and the standard quantity allowed.

Antiperspirant deodorants were introduced to the market in 1941. The market for antiperspirant deodorants is currently characterized by slowing product class revenue, fierce price competition, and repeat purchase behavior. Antiperspirant deodorants are currently at the ________ stage of the product life cycle.

Answers

Answer:

Maturity

Explanation:

In this scenario, Antiperspirant deodorants were introduced to the market in 1941. The market for antiperspirant deodorants is currently characterized by slowing product class revenue, fierce price competition, and repeat purchase behavior. Antiperspirant deodorants are currently at the maturity stage of the product life cycle.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

Hence, maturity is the stage in which product experiences a peak in sales growth and then eventually slows as the product reaches more customers, and lastly price competition is fierce.

Name brand drugs are able to continue capitalizing on their market power even after generic drugs enter the market because (i) almost all people fear the generic drug companies are devoting too few resources to research and development. (ii) some people fear that generic drugs are inferior. (iii) some people are loyal to the name brand. Group of answer choices

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) (i) and (ii) only.

b) (ii) and (iii) only.

c) (i) and (iii) only.

d) (i), (ii) and (iii).

And the correct answer is the option D: (i), (ii) and (iii).

Explanation:

To begin with, the fact that the pharmaceutical industry keeps growing and that those companies with name brand drugs continue capitalizing their market power even after the generic drugs have entered the market is due to the facts that the population belives that the majority of the brands are better that those that work with generic products and because of that they also believe that those companies do not invest much in I&D because they have low demand and that reason influence in the feelings of the people who believe that the generic drugs are inferior in comparison to the other ones.

Information processing errors consist of:_________

a. forecasting errors.
b. overconfidence.
c. conservatism.
d. framing.

Answers

Answer:

a. forecasting errors.

b. overconfidence.

c. conservatism

Explanation:

In information processing, the errors that occur are:

forecasting errors, overconfidence and conservatism.

In information processing, forecasting errors occur when people tend to give much weight. It tends to lead to extremism in forecasting. It causes deviation from the real to the forecasted information.

Overconfidence refers to when one believes that he is better than others. This is an information processing error.

Conservatism in information processing reveals the bias in human information processing. It leads to insufficiency in revising one's belief.

Sheridan Company, had 837000 shares of common stock issued and outstanding at December 31, 2017. On July 1, 2018, an additional 40600 shares of common stock were issued for cash. Sheridan also had unexercised stock options to purchase 31400 shares of common stock at $15 per share outstanding at the beginning and end of 2018. The average market price of Sheridan's common stock was $20 during 2018. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2018

Answers

Answer:

865,150  shares  

Explanation:

The calculation of shares for diluted earning per share is shown below:-

Shares for diluted earning per share = Outstanding shares + Issued shares + Stock option

= 837,000 + (40,600 × 6 ÷ 12) + ((31,400 - (31,400 × $15 ÷ $20)

= 837,000 + 20,300 + 7,850

= 865,150  shares

Therefore we have applied the above formula.

The marketing manager from a heavy-equipment manufacturer in Dallas,Texas was attending an international trade show in Japan.There were many prospective customers from different countries who seemed interested in the firm's product.However,they had difficulty following the manager's explanations of product features due to his heavy Texas drawl.In this case,the accent would be considered:__________.
A) an encoding error
B) a decoding error
C) culture shock
D) noise
E) distortion

Answers

Answer:

D) noise

Explanation:

Since it is mentioned in the question that there were many possible customers who belong from different countries are seemed interested in the firm product but at the time when the manager explained the features of the product, there was difficulty due to heavy Texas drawl.

So this situation represents the noise and hence the same is to be considered

What is the main reason that it is necessary for public companies to follow the rules and format set out in the Generally Accepted Accounting Principles​ (GAAP) when creating financial​ statements? A. It ensures that the market value of assets and debt are reported accurately. B. It ensures that information on the performance of public companies is reported on cashbasis accounting. C. It ensures that important budgetary information is not omitted. D. It makes it easier to compare the financial results of different firms.

Answers

Answer:

D. It makes it easier to compare the financial results of different firms.

Explanation:

Land and other real estate held as investments by endowments in a government's permanent fund should be reported at

Answers

Complete Question:

Land and other real estate held as investments by endowments in a government’s permanent fund should be reported at

Group of answer choices

A. Historical cost.

B. Fair value less costs of disposal.

C. Fair value.

D. The lower of cost and net realizable value.

Answer:

C. Fair value.

Explanation:

Land and other real estate held as investments by endowments in a government's permanent fund should be reported at fair value of the reporting date except for the exception of life insurance contract, external investment pool, money market investment etc.

The fair value can be defined as the actual or real value of an asset, security, product or item in financial accounting.

When presenting solutions, Chris (a salesperson)often has to handle buyer resistance. Chris should think of buyer resistance as a(n)___________ event.
A) Negative
B) Unimportant
C) Positive
D) A buyer initiated challenge (BIC)
E) Show stopper

Answers

Answer:

C) Positive

Explanation:

Although in the question it is stated that Chris, who is a salesman, manages the buyer resistance while presenting the solutions, the Chris also thinks that buyer resistance is a positive event

Thus, in the provided scenario, option c is right, as it does not satisfy all other options available

So the right option is c.postive

With the emergence of smartphones, users no longer have to carry a separate music player, a video game, a laptop, or a magazine to keep themselves entertained when traveling. A smartphone is loaded with a variety of applications to satisfy all the customer needs that different industries or products individually satisfied earlier. As a result, the smartphone industry has been posing a threat to a lot of other unrelated industries. What is this phenomenon best known as

Answers

Answer: Industry Convergence

Explanation: Industry Convergence has been boosted by the increased leverage of science and technology to various industries which has seen many industries break from the traditional single market focus and transition in a more robust cross industry focus whereby industries can incorporate several individual product into its production plan thereby providing more value added product and services. Smartphone companies as described above have integrated several single market products such as radio, music player, gaming, internet connectivity, camera and video recording, flash light(torch) and so on. thereby creating a robust and cross-industry product which adds more value and products able to withstand competition.

Tell me 3 characteristics of money? ​

Answers

1.) durability

2.) acceptability

3.) scarcity

4.) portability

5.)divisibility

6.)uniformity

choose any three u want! :)

Characteristics of Money.

Answer:

(a) Divisibility

(b) Limited supply

(c) Durability

More:

(d) Portability

(e) Acceptability

(f) Uniformity

These are the characteristics of money.

Hope it helps!!Please mark me as the brainliest!!!

Thanks!!!!

On january​ 1, 2017, finch company issued​ $89,000 of​ five-year, 8% bonds when the market interest rate was​ 12%. the issue price of the bonds was​ $73,000. finch uses the​ effective-interest method of amortization for bond discount. semiannual interest payments are made on june 30 and december 31 of each year. how much interest expense will be recorded when the first interest payment is​ made? (round your answer to the nearest dollar​ number.)

Answers

Answer:

$4,380

Explanation:

The computation of the interest expense recorded in the first year is shown below:

= Issued price of the bond × market interest rate ÷ semi annual period

= $73,000 × 12% ÷ 2

= $73,000 × 6%

= $4,380

Hence, the interest expense would be recorded when the interest payment is made is $4,380

We simply applied the above formula

When completing talent inventories for current employees, HR is interested in knowing more about their current employees, so if the time arrives they can replace the individual who not only meets the job specification, but also has the same traits as the previous employee. This is known as the ________ approach to performance management.

Answers

Answer:

attribute

Explanation:

Since it is mentioned in the question that after completing the talent inventories HR is interested in knowing more about the current employees in order to replace an individual in case it is needed.

Also, an individual should have the same traits, attributes, or characteristics as the previous employee had. As this approach derives the employees characteristics along with the job specification

So this approch we are known as an attribute for management performance

__________defines quality system standards, based on the premise that certain generic characteristics of management practices can be standardized and that a well-designed, well-implemented, and carefully managed quality system provides confidence that the outputs will meet customer expectations and requirements.

Answers

Answer:

International Organization for Standardization (ISO).

Explanation:

ISO defines quality system standards, based on the premise that certain generic characteristics of management practices can be standardized and that a well-designed, well-implemented, and carefully managed quality system provides confidence that the outputs will meet customer expectations and requirements. ISO is an acronym for International Organization for Standardization, it was founded in October 1946 and it is made up of 164 members from 91 different countries across the world. ISO is a Non-governmental organization that has its headquarters in Geneva, Switzerland.

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MicroFridge understands this and markets a combination microwave, refrigerator, freezer, smoke sensor, and charging station appliance targeted to these students. MicroFridge is most likely using which basis of segmentation What is negative sqrt 64? Discuss the factors that led to the urban and rural revolts in the fourteenth century. Was desperate poverty a chief cause? Why or why not? The plot of Seventh Grade is driven forward mostly by Victors feelings about school. behavior in French class. desire to impress Teresa. friendship with Michael. Which statement about Benjamin Banneker is false? He published scientific papers on many subjects. He helped survey the nation's capital. He was the son of a former slave. He was the first African American to hold elective office. Budget performance report for a cost center GHT Tech Inc. sells electronics over the Internet. The Consumer Products Division is organized as a cost center. 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