refer to table 17-24. which firms have a dominant strategy? a. b but not a b. a but not b c. a and b d. neither a nor b
Answers
Neither firm A's nor firm B's. The correct option is [b]
What is Dominant strategy?In game theory, a situation where first player possesses better tactics irrespective of how their opponents may play is referred to as the dominant strategy. That player has an advantage over the opposition in the game, all other things being equal. It indicates that the dominating player will always control the outcome, regardless of the opponent's tactics.
In some circumstances, one player has a clear edge over the other. It implies that the dominant approach will always win out, regardless of how effective the losing party's method is. The opponent cannot change the odds in this situation by employing any other viable approach. If there is a weakly dominating result, the dominant player still wins the game, but only marginally.
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The full question is:
Two businesses are thinking about closing their doors and selling their assets. Each takes into account what would occur if the other went out of business. The net profit or loss to each business is represented in the payoff matrix below.
Refer to Table 17-24. Which firm's dominant strategy is to sell?
A. firm B's but not firm A's
B. neither firm A's nor firm B's
C. firm A's and firm B's
D. firm A's but not firm B's
Related Questions
Sabrina, a member ,has been employed by Luca & Smith, CPA's for the past 10 years. During that time, Sabrina has worked on many of the firm's most complicated clients and projects. Sabrina is a member of the local Chamber of Commerce and the AICPA. Sabrina has decided to leave Luca & Smith, CPA's to start her own CPA practice. While the firm was sorry to hear about Sabrina's plans to leave ,there is no animosity between the parties. As part of the formation of her new firm, Sabrina is considering various forms of advertising, marketing ,and solicitation. Which of the following forms of advertising, marketing, and solicitation is acceptable in all cases?
0 Soliciting clients of her former firm by calling them three times a day for a month and guaranteeing that she will a better job.
0 Placing a yellow pages ad that states that Sabrina is a tax expert' if she, in fact, can demonstrate that she has expertise in the area as a result of education, training, or experience.
0 Using a marketing brochure that states: 'no other sole practitioner in the state has the tax knowledge that Sabrina has'.
0 Both a. and c. are acceptable.
Answers
According to the CPA professional code of conduct, it is to be noted that in the above scenario, the best form of advertising and marketing that Sabrina can use is "Placing a yellow pages ad that states that Sabrina is a tax expert' if she, in fact, can demonstrate that she has expertise in the area as a result of education, training, or experience." (Option B)
What does the CPA Code say about Advertising?A CPA may not engage in misleading and fraudulent advertising activities under the Advertising and Other Forms of Solicitation Rule of the AICPAs Code of Professional Conduct.
The CPA business should carefully consider the advantages of presenting its message to potential clients through advertising. Advertising is not sloppy; it is an excellent business.
The updated Code creates a conceptual framework for all professional accountants to assure compliance with the five key principles of ethics:
Integrity, Accountability, Transparency, and Accountability.Objectivity.Due Care and Professional CompetenceConfidentiality.Professionalism in Action.Learn more about CPA Code:
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Which of the following are reasons why might states not want to encourage free trade?
a-They may worry more about domestic employment than economic growth.
b- They may prioritize their own labor and environmental standards and regulations.
c- They may have certain new sectors of the economy that they want to protect so they can grow.
d- They may believe certain sectors of the economy are too vital to allow to outsource.
Answers
All of the mentioned reasons can be used by states who do not want to encourage free trade.
What else could exchange possibly mean?Business, commerce, industry, and traffic are a few examples of typical trade synonyms. Commerce and trade imply the exchange and transportation of commodities, even if all these phrases refer to "activity connected with the supplying and distribution of commodities."
Why is it referred to as trade?Trade is derived from Middle English trade (a "route, line of conduct"), Middle Low German trade (a "track, course"), Old Saxon trada (a "spoor, track"), Proto-Germanic *trad (a "track, way"), and is cognate with Old English tredan. Trade was introduced into English by Hanseatic traders ("to tread").
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(fill in the blank) is the process of identifying and selecting an organization's objectives and deciding how the organization will achieve those objectives.
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Planning is the process of selecting and figuring out an organization's objectives or how they will be achieved.
What is the fundamental meaning of planning?Planning is a method of determining targets and objectives for a predetermined period of time, producing alternatives to the current course of action, and then deciding which option is the best. Managers need to anticipate risks and be responsive to external issues affecting their business today.
What role does planning play?Planning lays out what employees ought to do, that they must complete it, and other requirements. Planning provides guidance for action by outlining in advance the requirements for completing tasks. Employees are warned in advance of the route they need work in. This also results in unity of purpose.
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The process of estimating expected future cash flows of a project using only the relevant parts of the balance sheet and income statements is referred to as:
A. incremental cash flows.
B. estimation and depreciation analysis.
C. pro forma analysis.
D. substitute and complement.
Answers
Pro forma analysis is the process of calculating projected future cash flows for a project utilizing only the pertinent balance sheet and income statement information.
Which of these describes the procedure for calculating a project's anticipated future cash flows?The term "discounted cash flow" (DCF) refers to a method of valuation that calculates an investment's value based on its anticipated future cash flows. Using estimates of how much money an investment will make in the future, DCF analysis seeks to evaluate the value of an investment today.
Why do we estimate cash flows?The process provides a framework for creating and implementing the best investing plans. Long-term investments' economic feasibility is assessed using cash flow forecasts. The money Through the use of discounted and non-discounted cash flow methodologies, project flows are estimated.
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most messages should not be sent unless they will
Answers
Most messages should not be sent unless they will bring about change.
What is a message?A message is a brief communication intended for a particular recipient or group of recipients, depending on the source. Sending a message can be done via courier, telegraphy, carrier pigeon, or electronic bus, among other methods. The content of a broadcast might contain a message. A conversation is a dynamic exchange of messages. One type of message is a press release, which can be anything from a succinct report or statement made by an official government body to promotions material for a business. Any communication that is verbal is referred to as a verbal message. Verbal discussions in person, phone calls, voicemails, and emails are a few examples. Nonverbal communication utilizes actions or behaviors, such as conscious or unconscious body language, rather than words.
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a company budgets the following direct materials purchases: april: $70,000; may $90,000; june: $60,000. all purchases are on account and the company pays 25% of purchases in the month of the purchase, 50% in the month after the purchase, and the remaining balance in the second month after the purchase. cash payments for june for direct materials is $
Answers
The cash payments for the month of June for direct materials, can be found to be $77, 500
How to find the cash payments?In the month of June, the company would see a cash payment of 25% for the direct materials purchased in June. It would see 50% for the direct materials purchased in May, and it would see the rest of the balance of the direct payment from April.
The cash payments for June for direct materials is therefore:
= ( 25 % x June purchases ) + ( 50 % x May purchases ) + ( 25 % x April purchases )
The cash payments in June is:
= ( 25 % x 60, 000 ) + ( 50 % x 90, 000 ) + ( 25 % x 70, 000)
= 15, 000 + 45, 000 + 17, 500
= $77, 500
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Which of the following activities related to human resources are supervisors likely to be directly involved in? (Select all that apply)a. overall company designb. job analysis and designc. employee trainingd. recommendation of pay increasese. performance appraisals
Answers
activities related to human resources in which supervisors are likely to be directly involved are job analysis and design; employee training; recommendation of pay increases; and performance appraisals.
Activities in the area of human resources encompass anything and everything an organisation does that has to do with its workforce. These include activities such as recruiting, selection, training and development, as well as performance evaluation.
A person who takes on all of the administrative responsibilities within an organisation is referred to as a supervisor. He examines and assesses the performance of every worker, and he assists those workers in participating in activities that are associated with human resources.
The demands of the organisation, checking the performance of the employee while also providing them with direction and assistance and encouraging communication between the employee and the employer are all included in the supervisor's responsibilities.
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which of the following is not one of the factors that affect the s/q rating of a company's footwear
Answers
The annual number of innovative new performance features built into a company's branded models/styles is not one of the factors that affect the s/q rating of a company's footwear
What is meant by the rating of a product?In advertisements and free product listings, product ratings are displayed as 1 to 5 star ratings along with the overall number of reviews for the item. More qualified clients visit your product pages as a result of these ratings and reviews, which facilitate product research and purchasing decisions.
The branding and marketing of an online store must include product reviews. They often explain what distinguishes your items from competitors and aid in fostering trust and loyalty. Today, we'll discuss how reviews can help your store generate more revenue and how to get customers to leave more.
A rating is a calculation of the audience size of an advertisement, expressed as a percentage of the initial target market. For instance, if an advertisement's target market
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Which one of the following is not one of the factors that affect the S/Q rating of a company's footwear?
The annual number of innovative new performance features built into a company's branded models/styles.
Expenditures for best practices training
Current-year spending per footwear model for new styling/features and whether production improvement option C has been installed (this option entails investing in special production equipment that boosts the S/Q rating of all pairs produced by 1.0 star)
The percentage use of superior materials
OA company's cumulative spending for TQM/Six Sigma quality control programs
Speyer Medical Clinic measures its activity in terms of patient visits Last month, the budgeted level of activity was 1240 patient-visits and the actual level of activity was 1,230 patient visits. The cost formula for administrative expenses is $4.80 per patient visit plus $26,000 per month. The actual administrative expense was $24700 In the clinic's flexible budget performance report for last month, the spending variance for administrative expenses was
Answers
Actual administrative costs came to $24700. The clinic's budget variance report card for the previous month shows that administrative expenses had a $7,204 spending variance.
What do expenses entail?The money being spent or expenditures incurred by a business in an endeavor to make money are known as expenses. This could take the shape of expenses like paying employees' salaries or paying suppliers. Tax-deductible business expenses can be deducted from taxation to reduce taxable income and tax liabilities.
What are the expenses?The complete direct costs associated with production, including labor and raw materials, are referred to as prime costs. Utility costs, manager pay, and delivery expenses are examples of indirect costs that are excluded from prime costs. To guarantee making a profit, businesses must determine the prime price of each item created.
Briefing:Actual Results- $24,700
Flexible Budget = (26,000FC + 4.8VC X 1230)
Flexible Budget =31,904
= 24,700- 31,904
Expenses = $7,204 U.
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a sales commission is an example of a ________ compensation plan.
Answers
A payment made to a buyer, a broker, or another financial agent in exchange for arranging a deal. Typically, the commission is a portion of the selling price. formula for commissions C=$ total sales x% of earnings For instance, if sales were $1,000, 20% of earnings would result.
What different kinds of sales compensation programs are there?6 Various Models and Types of Sales Compensation Plans
Straight-up Pay. Although they are uncommon, straight salary sales compensation programs can be effective for some businesses. ... Territory Volume,... Tiered Commission,... Profit Margin,... Commission Only,... Salary Plus Commission,...
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if the cost of an item of inventory is 60 and the current replacement cost is 75 the amount included inventory according to the lower cost ror market is
Answers
According to the lower cost ror market, the quantity included inventory is $60.
Which account is used for inventory costs?Normally, a company's balance statement includes information about the worth of its inventory. Since the inventory account is a current asset, it will likely be sold or turned into cash within the next year. Companies can account for inventories using a variety of techniques.
What does inventory cost, using an example?The costs associated with ordering and maintaining inventory as well as handling the necessary documentation are included in inventory costs. Management considers this expense when determining how much inventory to keep on hand.
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in which of the following circumstances is it not advantageous for a multinational competitor to concentrate its activities in a limited number of locations in order to build competitive advantage?
Answers
A multinational competitor concentrate its activities in limited number when a company has competitively superior patented technology that it can license to foreign partners.
Who are your global competitors?
Global competition is becoming a form of international competition in which a company's position in one country affects its competitive position in other countries. As a result, companies compete for international leadership. As a result of these struggles, the economy is globalizing.
What is Global Competitive Advantage?Global competitive advantage means having the best technology and processes to design, manufacture, sell and service our products at the lowest possible cost.
Why is international competition important?It assesses how countries are achieving and sustaining economic growth and how their economies are affected by competitiveness. Better financial reporting makes companies more competitive and motivates investors to invest.
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the point of is to find a solution to price wars by getting each player to think about the broader market, rather than only optimizing their own needs.
Answers
The point of game theory is to find a solution to price wars by getting each player to think about the broader market, rather than only optimizing their own needs.
What is game theory?
Theoretically, social scenarios with rival players can be imagined using game theory. Game theory seeks to provide the best possible strategic decision-making among autonomous, rival actors.
Why does game theory apply to business?
In the event that predictions come true, game theory offers a mathematical framework for examining the course of action most probably to produce the desired results. Informed decisions about everything from pricing and product introductions to target market selections and marketing campaigns are made possible by such preparation.
In order to reach sustainable harvest goals, game management entails monitoring and managing habitats and game populations. It is beneficial for the ecology, society, and the economy to regulate hunters and hunting activity.
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Last year, a vendor cost of goods sold was $8,000 and average inventory investment was $500. This vendor's ________ was 16.-fill rate-weeks of supply-inventory turnover
Answers
This vendor's inventory turnover was 16.-fill rate-weeks of supply-inventory turnover
Inventory turnover is the period of time between when a corporation purchases a product and when it is sold. Having sold all of the merchandise that was purchased, less any items lost to damage or shrinkage, is referred to as a complete turnover of inventory.
Inventory turnovers occur frequently in successful businesses, however the number varies by industry and product category. While particularly high-end luxury items, such as luxury handbags, typically see few units sold per year and lengthy production schedules, consumer packaged goods (CPG) typically have rapid turnover.
Turnover can be impacted by a variety of inventory management issues, such as fluctuating client demand, inadequate supply chain planning, and overstocking.
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suppose that a small company is thinking of putting plants in their lobby for employees to view and enjoy. since the plants are to be viewed by employees, the plants are non-excludable (it is infeasible to move a plant each time a specific individual walks by) and non-rival in consumption (if one worker looks at the plant, it does not prevent another from doing so as well). the company employs three workers: robin, tyler, and sharon. the company is thinking about buying up to three plants, and wants to know how much workers would enjoy each plant. for robin, the first plant has a benefit of $31 per day, the second plant has a benefit of $19 per day, and the third plant has a benefit of $9 per day.
Answers
The marginal social benefit of the first plant will be $119.
What is a marginal benefit?A marginal benefit is the most a consumer will pay for an additional good or service. It is also the additional satisfaction or utility that a consumer receives when purchasing an additional good or service.
The satisfaction experienced by consumers of a specific good plus or minus the overall environmental and social costs or benefits is referred to as marginal social benefit. For example, if there are positive externalities of consumption, marginal social benefits are greater than marginal private benefits.
Based on the information given, the following can be depicted from the question:
Robin first plant benefit per day = $47
Greg first plant benefit per day = $41
Ray first plant benefit per day = $31
Therefore, the marginal social benefit of the first plant will be the addition of each person's benefit per day. This will be:
= $47 + $41 + $31
= $119
Therefore, the marginal social benefit will be $119.
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Complete question
Suppose that a small company is thinking of putting plants in their lobby for employees to view and enjoy. Since the plants are to be viewed by employees, the plants are non-excludable (it is infeasible to move a plant each time a specific individual walks by) and non-rival in consumption (if one worker looks at the plant, it does not prevent another from doing so as well). The company employs three workers: Robin, Greg, and Ray. The company is thinking about buying up to three plants, and wants to know how much workers would enjoy each plant. For Robin, the first plant has a benefit of $47 per day, the second plant has a benefit of $37 per day, and the third plant has a benefit of $13 per day. For Greg, the first plant has a benefit of $41 per day, the second has a benefit of $28 per day, and the third has a benefit of $6 per day. For Ray, the first plant has a benefit of $31 per day, the second has a benefit of $19 per day, and the third has a benefit of $2 per day. Given that no one else will see the plants, no one else values the plants in the lobby. What is the marginal social benefit of the first plant
according to the pay scale college salary report, 2018, which of the following degrees have the highest median starting salaries?
Answers
Economics. It plays a significant role in how people make decisions. Even a trip to the grocery shop takes into account economics. And it is already a straightforward activity that aims to satisfy a person's basic needs and probably some wants.
Does economics require a lot of math?You should take even more math if you're thinking about going to graduate school for economics. Economics Ph. D. programs anticipate students start the program with a solid background in mathematics because economics research frequently uses arithmetic.
Is a degree in economics regarded favorably?Economics is the degree to choose if you want one that will actually be useful in the workplace. The study of wealth creation and distribution is essential for determining policies and managing corporations, governments, and other organizations.
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When satisficing, a decision maker selects the best solution. True False
Answers
The decision-maker uses the satisficing strategy, choosing the first option that satisfies his or her minimum criteria of satisfaction. Hence the above mention statement is false .
What is Satisficing ?A manager's values define his or her ethics and have an impact on the alternatives, choosing criteria, and performance measurements that are used in the decision-making process.
When making decisions, satisficing means aiming for an outcome that is acceptable or satisfactory rather than the best one. Satisficing focuses https://brainly.com/question/14925666on practical effort when faced with tasks rather than exerting maximal effort to achieve the ideal result.
The satisficing decision-maker always choose the first option that pleases them, according to the satisficing decision-making paradigm. It might have nothing to do with the ideal answer.
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How is the perceived demand curve for a monopolistically competitive firm different from the
perceived demand curve for a monopoly or a perfectly competitive firm?
Answers
A perfectly competitive firm can sell any amount it wants at the going market price, the perceived demand curve for a monopolistically competitive firm is perfectly elastic, or flat. For monopolistic or perfectly competitive businesses, the perceived demand curve is downward sloping.
What is a perfectly competitive firm?Generally, The perceived demand curve for a monopolistically competitive company is perfectly elastic, often known as flat. This is because a perfectly competitive firm is able to sell any amount that it desires at the price that is currently in effect in the market.
The perceived demand curve for a monopoly, as well as the demand curve for a business that is completely competitive, slopes downward.
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on jan 1, 2020, lcorp granted 2,000 shares of restricted of $5 par value common stock to executives. the market price(fair value) of the sotck is $59 per share on the date of grant. the period of benefit is 2 years.Prepare icorp journal entries for January 1, 2014, and December 31, 2014 and 2015.
Answers
The official record of every company activity is a journal entry. A transaction is, in the broadest sense, any financial activity that has an impact on the firm.
Date Account Titles and Explanation Debit Credit
January 1,2020
Unearned Compensation 140700 =2100*67
Common Stock 10500 =2100*5
Paid-in Capital in Excess of Par-Common Stock 130200
December 31,2020
Compensation Expense 70350 =140700/2
Unearned Compensation 70350
December 31,2021
Compensation Expense 70350
Unearned Compensation 70350
The official record of every company activity is a journal entry. A transaction is, in the broadest sense, any financial activity that has an impact on the firm.
They encompass all exchanges involving the movement of money, including interest payments, depreciation, costs, and payroll. They encompass more than just the exchange of goods and services. Instead of being processed automatically like invoices or cash receipts are, general journal entries are manually entered into the general ledger.
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Outsourcing is advantageous when which of the following occurs?
A. A firm is operating at a loss and is on the verge of a shutdown.
B. A firm does not have an established brand image to protect.
C. A high degree of coordination is required between activities.
D. There is high technological uncertainty in an industry.
Answers
Outsourcing is advantageous when a firm does not have an established brand image to protect. Option (b) is correct.
What do you mean by Shutdown?The termination or suspension of an operation or activity is the definition of shutdown.
One can utilize information, talents, and your entire supply chain through outsourcing. Additionally, outsourcing can help your company become more adaptable and flexible, allowing it to better respond to difficulties and changing market conditions while achieving cost savings and higher service levels.
Therefore, Option (b) is correct. Outsourcing is advantageous when a firm does not have an established brand image to protect.
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PLEASE HELP
pt 1. You work for an ad agency that has a Super Bowl sponsor as a client. What approach would you recommend for your agency as it develops a campaign—universal, customized for each geographical region, or something else, and why?
pt 2. What types of companies could benefit from placing ads on the NFL website, and how can they use the internet effectively to promote their products?
Answers
The kind of campaign that would work best for a Super Bowl is one that is universal. This is because the nature of people who come to the Super Bowl can best be described as a heterogenous marketing segment.
The kind of companies that could benefit from placing ads on the NFL website are those in the sports, health, and fitness industry.
What is a universal campaign?Universal Ads provides you with unique, cross-platform insights into the data you need to be successful. Events from the bottom of the funnel are integrated across platforms. Ad network conversion rates are contrasted. Long-term trends, are segmented by platform, ad set name, channel, and other factors.
Previous research has found that businesses' sales do not increase when their Super Bowl commercials run. New university research, on the other hand, reveals that Super Bowl advertising causes brief increases in web searches and word-of-mouth impressions.
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In the simple deposit expansion model, a decline in checkable deposits of $500 when the required reserve ratio is equal to 10 percent implies that the Fed:
A) sold $500 in government bonds.
B) sold $50 in government bonds.
C) purchased $50 in government bonds.
D) purchased $500 in government bonds.
Answers
If in the simple deposit expansion model, a decline in checkable deposits of $500 when the required reserve ratio is equal to 10 percent implies that the Fed: B) sold $50 in government bonds.
How to find the government bonds?Using this formula to find the government bonds
Government bonds = Checkable deposits × Required reserve ratio
Where:
Checkable deposits = $500
Required reserve ratio = 10% or .10
Let plug in the formula
Government bonds = $500 × .10
Government bonds = $50
Therefore the correct option is B.
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which of the following controls would most likely reduce the risk of diversion of customer receipts by a client’s employees?
(1) A bank lockbox system.
(2) Prenumbered remittance advices.
(3) Monthly bank reconciliations.
(4) Daily deposit of cash receipts.
Answers
Option (a), a bank lockbox system would probably reduce the likelihood that a client's staff would steal customer receipts.
What is a bank lockbox system?Businesses can receive payments from customers by using the lockbox banking facility that banks provide as a service. The service directs customer payments to a specific post office box rather than to the company.
When you use a bank's lockbox service, you have access to one or more lockboxes, which are simply post office boxes that the bank can put up across the country so that your business can collect client checks or payments. Lockbox solutions enable businesses to receive money more quickly.
Who use a lockbox setup?Lockboxes are available as retail or wholesale. Retail lockboxes are frequently utilized by companies that get a lot of small-dollar cheques. For instance, medical practices frequently receive a large number of postal checks in a range of amounts, based on the copays of the patients.
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a new design for the braking system on a certain type of car has been pro- posed. for the current system, the true average braking distance at 40 mph under specified conditions is known to be 120 ft. it is proposed that the new design be 1 implemented only if sample data strongly indicates a reduction in true average braking distance for the new design.
Answers
a) The parameter of interest here is
Average breaking distance for the new design(μ).
H0: μ=120
against
H1: μ <120
b) Given that n = 36 and x be the sample average and σ = 10. Since H1: μ<120, R2 = {x: x≤115.2} is the appropriate critical region here.
c) α=P {
x−≤115.2/When μ = 120}
= P {x--120)/ 10/√36 ≤ (115.2-120) / 10/√36
=P {Z≤-2.88}
= 0.002
When a = 0.001 we have to obtain the critical region as follows,
α= P = P {x ≤ x1/When u =120} = 0.001
⇒ P {( x−x--120) / 10/√36 ≤ (x1-120) / 10/√/36}
⇒ P {Z ≤ (x1-120) / 10/√36} = 0.001
⇒ (x1-120) / 10/√36 = -3.08 (From Table A-3)
⇒x = 120 - (3.08) (10/√36) = 114.87
R= {x: x≤114.87} is the critical region here.
d) Probability of Type II error when μ =115,
β =P{ x−x->115.2 / When μ = 115}
= P {(x−x--115) / 10/√36 > (115.2-115) / 10/√36}
=P {Z>0.1199}
=1 - P {Z ≤ 0.1199}
=1 - 0.5477
= 0.4523
e) When z = (x-120) / 10/√36
The significance level for the rejection region
{z: z≤-2.33) =0.001 (From Table A-3)
The significance level for the rejection region
{z: z≤-2.88} = 0.002 (From Table A -3)
Probability is the branch of mathematics concerning numerical descriptions of how in all likelihood an occasion is to arise, or how in all likelihood it is that a proposition is actual. The possibility of an event is a range between 0 and 1, wherein, kind of speaking, 0 shows the impossibility of the event and one suggests actuality. The higher the opportunity of an event, the more likely it's miles that the event will arise. A simple instance is the tossing of a fair (independent) coin. for the reason that coin is honest, the two outcomes ("heads" and "tails") are both similarly possible; the possibility of "heads" equals the probability of "tails"; and due to the fact no different outcomes are viable, the opportunity of either "heads" or "tails" is half (that could additionally be written as 0.5 or 50%).
These principles have been given an axiomatic mathematical formalization in probability concept, that is used widely in regions of observation including records, mathematics, science, finance, playing, synthetic intelligence, system gaining knowledge of pc technological know-how, sport concept, and philosophy, as an example, draw inferences approximately the predicted frequency of events. the chance theory is likewise used to explain the underlying mechanics and regularities of complicated systems.
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Complete question: -
A new design for the braking system on a certain type of car has been proposed. For the current system, the true average braking distance at 40 mph under specified conditions is known to be 120 ft. It is proposed that the new design be implemented only if sample data strongly indicates a reduction in true average braking for the new design. Define the parameter of interest and state the relevant hypothesis. Suppose braking distance for the new system is normally distributed with sigma = 10. Let X denote the sample average braking distance for a random sample of 36 observations. Which of the following three rejection regions is appropriate: What is the significance level for the appropriate region of part(b)?How would you change the region to obtain a test with alpha = 0.001? What is the probability that the new design is not implemented when its true average braking distance is actually 115 ft and the appropriate region from part (b) is used? Let Z = (x - 120)/ (sigma / n), what is the significance level for the region {z : z le -2.33}? For the region {z : z le -2.88}?
According to Levinson, which of the following ages most closely corresponds to the point in adulthood when a person enters the phase of Becoming One's Own Man (BOOM)?
a. 38
b. 22
c. 50
d. 44
Answers
Age 38 most closely resembles the stage of adulthood known as "Becoming One's Own Man," (BOOM) according to Levinson. As a result, choice (A) is the best way to respond.
What is the men's boom phase?Becoming One's Own Man, or BOOM is the name of Levinson's model's fourth stage. The man currently feels confined by the power brokers in their world. The person desires greater autonomy, dominance, and vocal authenticity.
Before the novice stage of adulthood ends, this transition gives people the chance to fix the problems with the first life structure they've created and make it closer in line with their young ideals and Dream.
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10. according to the management text: a problem solving team is one that is focused on improving work activities or solving specific (work) problems.
Answers
The problem-solving team is focused on improving work activities or solving specific work problems and this type of team is called a process-improvement team.
What is a problem-solving team?Problem Solving team is a temporary structure that brings together leaders and team members from across the organization to focus on solving a specific problem. The benefits are many, including not just a solved problem, but also a more resilient organization, a stronger social network and a growing cohort of problem solvers with increased skills and abilities.
Members share ideas or offer suggestions on how work processes and methods can be improved.
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below are the summarized statements of cash flows for two companies. based on the information discussed in class, which company has a stronger statement of cash flows? car corporation bus corporation net cash flows from operating activities 1,100 25,600 net cash flows from investing activities 2,700 (6,250) net cash flows from financing activities 4,200 (11,700) net change in cash $8,000 $7,650
Answers
Net change in cash $8,000 $7,650 has a stronger statement of cash flows.
The amount of money that flows into and out of a business is referred to as its cash flow .For businesses, sales bring in money, but they also have expenses. They might also make money from investments, royalties, licensing agreements, and interest. Additionally, they could provide things on credit with the promise of payment later. Evaluating the quantity, timeliness, and unpredictable nature of cash flows as well as their origins and destinations is one of the most important objectives of financial reporting. It is essential for figuring out an organization's liquidity, adaptability, and overall financial success. A company's ability to fulfill commitments, reinvest in its business, distribute earnings to shareholders, cover costs, and function as a safety net in case of impending financial troubles is indicated by positive cash flow.
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Net change in cash $8,000 $7,650 has a stronger statement of cash flows.
The amount of money that flows into and out of a business is referred to as its cash flow .For businesses, sales bring in money, but they also have expenses. They might also make money from investments, royalties, licensing agreements, and interest. Additionally, they could provide things on credit with the promise of payment later. Evaluating the quantity, timeliness, and unpredictable nature of cash flows as well as their origins and destinations is one of the most important objectives of financial reporting. It is essential for figuring out an organization's liquidity, adaptability, and overall financial success. A company's ability to fulfill commitments, reinvest in its business, distribute earnings to shareholders, cover costs, and function as a safety net in case of impending financial troubles is indicated by positive cash flow.
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you are the dns administrator and have been tasked to hold alternative names for a host that is a newly established start-up venturing into the business of ecommerce. the start-up wants its clients to be directed to the appropriate page whenever they request for alternative names. which of the following resource records would you apply as a dns administrator in such a case?
Answers
CNAME record resource records would you apply as a DNS administrator in such a case.
An Administrator gives a workplace guide to both a character or crew and is important for the easy running of a business. Their responsibilities can also encompass fielding telephone calls, receiving and directing visitors, word processing, growing spreadsheets and shows, and submitting. even as there are many similarities between the 2 roles, there are several key variations. each position is focused on executing the enterprise imaginative and prescient, however, directors are a part of the crew that determines the enterprise's route.
An administrator is a person whose task entails supporting organizing and supervising the manner that an organization or organization functions.
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Alan is young, but he decides to plan for his retirement early. He decides to formulate some estimates of his lifetime income. Which answer best describes Alan’s lifetime income?
Alan’s lifetime income is his employee benefits, like health insurance.
Alan’s lifetime income includes his salary and retirement benefits.
Alan’s lifetime income includes both his career outlook and his career environment.
Alan’s lifetime income is both his college classes and his vocational training.
Answers
Based on personal economics and the context of the question the statement that best describes Alan’s lifetime income is that "Alan's lifetime income includes his salary and retirement benefits."
What is Lifetime IncomeLifetime Income is a term that is used to describe the kind of retirement plan that enables individuals with a constant stream of income for the rest of their life.
Usually, annuities are the only retirement plan that can give this type of income, which is why they're often called “annuities for life.”
Given that Alan is young, and decided to plan for his retirement early. This implies that Alan has decided to formulate some estimates of his lifetime income.
Therefore, the answer that best describes Alan's lifetime income is - Alan's lifetime income includes his salary and retirement benefits.
Hence, in this case, it is concluded that the salary, he earned throughout his life created his assets and savings. And the money that he will get as retirement benefits is also his income.
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Answer:
b.
Explanation:
prepare a schedule of expected cash collections for july, august, and september. 2-a. prepare a merchandise purchases budget for july, august, and september. also compute total merchandise purchases for the quarter ended september 30. 2-b. prepare a schedule of expected cash disbursements for merchandise purchases for july, august, and september. 3. prepare an income statement for the quarter ended september 30. 4. prepare a balance sheet as of september 30.
Answers
2-a) Merchandise Purchases Budget
July August September Quarter
Budgeted cost of goods sold (310000*75%)= $232500 (330000*75%)= $247500 (320000*75%)= $240000 $720000
Add: Desired ending merchandise inventory 74250 72000 76500 76500
Total needs 306750 319500 316500 796500
Less: Beginning merchandise inventory 69750 74250 72000 69750
Required production $237000 $245250 $244500 $726750
Calculation of Desired ending merchandise inventory
July= $247500*30%= $74250
August= $240000*30%= $72000
September = $340000*75%*30%= $76500
b) Schedule of Cash Disbursements for Purchases
July August September Quarter
From accounts payable $81000 $81000
For July purchases (237000*40%)= 94800 (237000*60%)= 142200 237000
For August purchases (245250*40%)= 98100 (245250*60%)= 147150 245250
For September purchases (244500*40%)= 97800 97800
Total cash disbursements $175800 $240300 $244950 $661050
3) Beech Corporation
Income Statement
For the Quarter Ended September 30
Sales ($310000+330000+320000) $960000
Cost of goods sold 720000
Gross profit 240000
Selling and administrative expenses (58000*3) 174000
Net income $66000
4) Beech Corporation
Balance Sheet
September 30
Assets
Cash $143950
Accounts receivable ($320000*65%) 208000
Inventory 76500
Plant and equipment, net of depreciation 202000
Total assets $630450
Liabilities and Stockholders' Equity
Accounts payable (244500*60%) 146700
Common stock 348000
Retained earnings ($69750+66000) 135750
Total liabilities and stockholders' Equity $630450
Cash= Beginning balance+Cash collected-Cash disbursements-Selling and administrative expenses
= $83000+878000-661050-(52000*3)= $143950
Depreciation for the quarter= $6000*3= $18000
Plant and equipment= $220000-18000= $202000
An asset, in enterprise terms, is the aid of a fee that you personally or lease that enables you to run your commercial enterprise. those assets may be tangible gadgets including computer systems and petty cash, or non-bodily matters which include goodwill, popularity, and emblem.
An asset is something that has a modern-day or future financial fee to a commercial enterprise. basically, for groups, assets consist of the whole lot managed and owned by means of the organization it really is presently valuable or ought to offer the economic gain within the destiny. Examples encompass patents, machinery, and investments.
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