Six former students Ann, Bob, Carl, Dora, Ed, and Fran are the contestants in a new reality TV show. They are placed on an island. The rules of the game are as follows. Ann goes first. She is given a bag that everyone knows contains six gold coins. Ann makes a proposal of how to allocate the six coins among the six contestants including herself. The contestants (including Ann) then vote "yes" or "no" on the proposal. If the proposal gets more than half the votes then the coins are allocated according to the proposal and everyone leaves the island. If the proposal gets half or fewer than half the votes then Ann has to leave the island empty-handed and she is out of the game.
In this case, the bag of six gold coins passes to Bob. He gets to make a proposal of how to allocate the coins among the remaining contestants (that is, including Bob but excluding Ann) and the remaining contestants (that is, including Bob but excluding Ann) then vote. As before, if the proposal gets more than half the votes then the coins are allocated according to the proposal and everyone leaves the island. If the proposal gets half or fewer than half the votes then Bob has to leave the island empty-handed and is out of the game. In this case, the bag of six gold coins passes to Carl. And so on, with the same voting rules, with each failed proposal leading to expulsion of the proposer, and with the role of proposer being passed on alphabetically.
The following assumptions matter. The coins are indivisible, there is no other money on the island, and side contracts to make payments of the island are not allowed. There are no abstentions; each surviving voter must vote yes or no: whenever a voter is indifferent, she or he votes no. A player only cares about the number of gold coins she or he gets to leave the island with (and this is common knowledge). For example, leaving empty handed because your proposal fails is the same as leaving empty-handed because a successful proposal gives you no coins. Finally: it is common knowledge that all the contestants were well trained in game theory.
What proposal should Ann make and why?

Answers

Answer 1

By proposing an equal distribution of the coins, Ann maximizes her chances of getting a positive vote from the other contestants. Each contestant would receive the same number of coins, which eliminates any incentives for the others to reject the proposal.Ann should propose to allocate one gold coin to each contestant, including herself.

If Ann proposed to allocate more coins to herself or favored certain contestants over others, it would create a sense of inequality and potentially lead to the rejection of her proposal. Each contestant understands that if they reject the proposal, they risk being expelled from the game with no coins at all. Therefore, they would be inclined to accept an equal distribution that guarantees them at least one coin.

By proposing an equal allocation, Ann ensures that the proposal will receive more than half the votes, securing the allocation of the coins according to her proposal. This allows her to leave the island with one gold coin, as well as the other contestants.

Ann's proposal aligns with the rational behavior expected from well-trained contestants in game theory. It takes into account the self-interest of each individual and strategically addresses the voting dynamics of the game, maximizing her chances of success and leaving the island with a fair share of the coins.

To know more about incentives visit:

brainly.com/question/3536887

#SPJ11


Related Questions

A company estimates that it will need $53,000 in 14 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an
account paying 5.1% compounded monthly, how much should each payment be?

Answers

Each monthly payment into the sinking fund should be approximately $231.64 to accumulate $53,000 in 14 years, assuming a 5.1% annual interest rate compounded monthly.

To calculate the fixed monthly payments needed for the sinking fund, we can use the formula for the future value of an ordinary annuity.

The future value of an ordinary annuity formula is given by:

FV = P * [(1 + r)^n - 1] / r,

where:

FV = future value of the annuity (target amount)

P = monthly payment

r = monthly interest rate

n = number of periods (number of months in this case)

In this scenario:

FV = $53,000 (target amount)

r = 5.1% per year, compounded monthly, so the monthly interest rate is 5.1%/12 = 0.425% or 0.00425

n = 14 years * 12 months/year = 168 months

Substituting these values into the formula, we can solve for P:

$53,000 = P * [(1 + 0.00425)^168 - 1] / 0.00425.

Let's calculate this equation to find the value of P.

P * [(1 + 0.00425)^168 - 1] / 0.00425 = $53,000.

P * (1.00425^168 - 1) / 0.00425 = $53,000.

P * (1.972386 - 1) = $53,000 * 0.00425.

P * 0.972386 = $225.25.

P = $225.25 / 0.972386.

P ≈ $231.64.

Therefore, each monthly payment into the sinking fund should be approximately $231.64 to accumulate $53,000 in 14 years, assuming a 5.1% annual interest rate compounded monthly.

Learn more about the ordinary annuity formula:

https://brainly.com/question/3660702

#SPJ11

Jean and Scott are directors at X Corporation, a film production company. X specializes in commercials and is very successful with them, regularly earning a considerable profit. One year, in an effort to keep the company current. X considers using some of its extra cash to move away from commercials and start producing music videos. Jean and Scott spend months researching music videos and meet with many talented directors and bands, as well as financial analysts who advise as to the cost of music video production. After evaluating all the information, Jean, Scott, and the rest of the X Corp board decide to abandon commercials and make music videos exclusively. Unfortunately, music video production goes badly and the value of X Corp stock drops significantly. Shareholders are angry and file suit on behalf of the corporation against the Board. The shareholder argument is that the X Corp Board mismanaged the corporation when it decided to abandon commercials and make music videos. Will the court find that the Board is liable to the shareholders? No, because Board Members are not liable to shareholders for honest mistakes of judgment and bad business decisions No, because the Board is protected from liability aside from their capital investment Yes, because the Board did not exercise due diligence when deciding to make music videos instead of commercials Yes, because the Board's decision resulted in a significant loss of revenue

Answers

The court is likely to find that the Board is liable to the shareholders because the Board's decision resulted in a significant loss of revenue. This is because the Board has a fiduciary responsibility to act in the best interests of the corporation and its shareholders.

This means that they must act prudently and exercise due diligence in their decision-making process. If they make decisions that are not in the best interests of the corporation, they can be held liable for any resulting losses or damages.The fact that Jean and Scott spent months researching music videos and met with financial analysts does not necessarily absolve them of liability. The court will likely look at the reasonableness of their decision in light of the information available to them at the time. If the court finds that their decision was not reasonable or that they did not exercise due diligence, they may be held liable for the resulting losses or damages.Board members are not protected from liability aside from their capital investment. They have a duty to act in the best interests of the corporation and its shareholders, and they can be held liable if they breach this duty. This is why it is important for board members to exercise due diligence and act prudently when making decisions on behalf of the corporation.

To know more about shares, visit:

https://brainly.com/question/30324507

#SPJ11

Select a company and research recent news items that have been released regarding the company. In a written response, note whether the articles were positive or negative for the company. Describe how the company’s actions may impact an individual’s perception of business in the United States. Identify responsibilities that the company has to various stakeholder groups mentioned in the articles. Finally, note any sustainability issues that confront the company and provide suggestions for how the company should handle these issues.

Answers

The selected company for this answer is Apple.

Apple is one of the largest technology companies in the world and is headquartered in Cupertino, California. In recent news items released regarding the company, Apple's stocks had a big week recently, the stock price rose by 3% in a week, resulting in Apple gaining a trillion-dollar market capitalization again. It is positive news for the company.

The company's action to dominate the market with its premium-priced products may impact the individual's perception of business in the United States. Some individuals might perceive this as a positive factor for the country's economy, while others might view it as a negative factor due to the exclusion of a specific group of consumers.

The company has responsibilities to various stakeholder groups, including shareholders, customers, employees, and communities. The company's responsibility to its customers is to provide quality products and ensure that they are safe. The company's responsibility to its shareholders is to maximize profits, while its responsibility to employees is to provide a safe working environment, competitive wages, and benefits.

The sustainability issue confronting Apple is with its suppliers in China, where human rights and labor practices are a significant concern. The company should consider ensuring that its suppliers provide safe working conditions and competitive wages to their employees. Apple should also consider conducting audits on its suppliers to ensure compliance with its standards. In addition, Apple can consider sourcing supplies locally to reduce its carbon footprint.

To know more about the technology companies, click here;

https://brainly.com/question/32345924

#SPJ11

Which of the following is an example of information search behavior during the consumer purchase decision process? Multiple Choice using a credit card to pay for the product Jy considering which product characteristics are more attractive reviewing the different price points for different product models weighing the pros and cons of each product searching a company's website for product specifications

Answers

The following is an example of information search behavior during the consumer purchase decision process: searching a company's website for product specifications. The correct answer is option D.

How consumers gather information regarding a product or service is referred to as information search behavior during the consumer purchase decision process. This may include a wide range of activities and methods, including personal referrals, reviews, and searches for information.

Therefore, searching a company's website for product specifications is an example of information search behavior during the consumer purchase decision process. The other options are also important stages in the decision-making process but not examples of information search behavior, as they refer to payment methods, considering product characteristics, reviewing different price points, and weighing pros and cons.

Thus, option D is the right one.

To know more about consumer purchase decision, visit https://brainly.com/question/28617804

#SPJ11

arnold enterprise reported the following amounts on their income statement. calculate arnold enterprise's gross profit.

Answers

The Arnold Enterprise's gross profit can be calculated using the given values from their income statement. The gross profit of Arnold Enterprise can be calculated by subtracting the cost of goods sold from the total revenue. Gross Cost of goods sold Arnold Enterprise's income statement:

Sales revenue = $200,000Cost of goods sold = $70,000Operating expenses = $50,000Interest expenses = $5,000Taxes = $20,000The company's gross profit can be calculated as follows :Gross profit = Sales revenue - Cost of goods sold= $200,000 - $70,000= $130,000 The formula  to calculate the gross profit is given as follows Gross profit = Total revenue - Cost of goods sold .

Total revenue is the amount of money received from the sale of products and services in a business's income statement. Cost of goods sold, on the other hand, is the total cost of making and delivering the products or services sold by the company. For the Arnold Enterprise, the sales revenue is $200,000, and the cost of goods sold is $70,000. By subtracting the cost of goods sold from the sales revenue, the company's gross profit will be $130,000.Therefore, Arnold Enterprise's gross profit is $130,000.

To know more about Enterprise's  Visit;

https://brainly.com/question/28434717

#SPJ11

If the equilibrium price of bags is $25 and the government sets a price ceiling of $34, a there will be no effect on the market b there will be a shortage of bags. c there will be a surplus of bags. d The market price of bags will increase to $34.

Answers

The correct answer is option a) There will be no effect on the market.

In this scenario, the government has set a price ceiling of $34 for bags, while the equilibrium price is $25. Since the price ceiling is above the equilibrium price, it does not have any impact on the market. When the price ceiling is set above the equilibrium price, it becomes a non-binding constraint because the market price is already lower than the price ceiling.

As a result, option a) is correct, and there will be no effect on the market. There won't be a shortage or surplus of bags, and the market price will remain at the equilibrium level of $25.

To learn more about shortage

Click here brainly.com/question/28547965

#SPJ11

What is the purpose of the World Bank?

Multiple Choice

It makes loans to get countries to become allies of the United States.

It makes long-term loans for carefully planned economic development.

It only makes loans for the essentials of life like food, medicine, safe water, and electric power generation.

It makes short-term loans to nations to help them with financial emergencies.

7. Absolute advantage essentially means what?

Multiple Choice

This means that a country has a strong currency, excellent financial markets, and high GDP.

One country has higher quality goods and services versus another country.

All of the statements are false.

One country can produce more quantity of a good or service versus another country.

10. What do you think of this comment: "International trade is not good for the U.S. The U.S. are a big loser in International trade because our jobs are being sent overseas to countries like China and India. We lose much more than we gain from engaging in international trade?

Multiple Choice

This statement is false. Although the U.S. may lose jobs in certain industries, free trade overall has allowed the U.S. to get lower prices on goods and services, free trade has created more consumer choice, and trade forces the U.S. firms to become more creative and innovative because of the increased international competition.

This statement is 'right on!' The U.S. has historically always being ripped off by other nations because of international trade.

In the Keynesian formula C + I + G + (Exports - Imports), John Maynard Keynes thought that imports were a negative factor that would hurt any national economy. Therefore, it is logical that the U.S. should do everything in our power to stop all imports from foreign countries.

Shutting down the U.S. borders and bringing back the SMoot-Hartley Act of the 1930s that charged high tariffs on imports would be the smartest economic move we could make to protect our domestic industries.

11. Dr. Thomas Sowell observed that Japan and Chine both made a huge political/cultural mistake in their ancient histories that put them behind the rest of the world in terms of economic progress for a few centuries. What was that mistake?

Multiple Choice

None of the above statements are correct.

Their governments didn't allow women to have the same rights as men.

They both had several terrible emperors who just didn't know how to govern and this caused the people to revolt as civil wars broke out.

At some point in their ancient histories they decided to isolate themselves from the rest of the world. This isolationist policy put them behind in terms of economic development.

Answers

1. The purpose of the World Bank is to make long-term loans for carefully planned economic development. 7. Absolute advantage means that one country can produce more quantity of a good or service compared to another country. 10. This statement is false. Although the U.S. may lose jobs in certain industries, free trade overall has allowed the U.S. to get lower prices on goods and services, free trade has created more consumer choice, and trade forces U.S. firms to become more creative and innovative because of increased international competition. 11. At some point in their ancient histories, they decided to isolate themselves from the rest of the world. This isolationist policy put them behind in terms of economic development.

1. The purpose of the World Bank is:

  - Correct answer: It makes long-term loans for carefully planned economic development.

7. Absolute advantage essentially means:

  - Correct answer: One country can produce more quantity of a good or service versus another country.

10. What do you think of this comment: "International trade is not good for the U.S. The U.S. are a big loser in international trade because our jobs are being sent overseas to countries like China and India. We lose much more than we gain from engaging in international trade?"

  - Correct answer: This statement is false. Although the U.S. may lose jobs in certain industries, free trade overall has allowed the U.S. to get lower prices on goods and services, free trade has created more consumer choice, and trade forces U.S. firms to become more creative and innovative because of increased international competition.

11. Dr. Thomas Sowell observed that Japan and China both made a huge political/cultural mistake in their ancient histories that put them behind the rest of the world in terms of economic progress for a few centuries. What was that mistake?

  - Correct answer: At some point in their ancient histories, they decided to isolate themselves from the rest of the world. This isolationist policy put them behind in terms of economic development.

To know more about World Bank click here:

https://brainly.com/question/9882243

#SPJ11

sam's surf shop has total costs of $2,000 when it is not producing any surfboards. this means that multiple choice the shop is very inefficient in its production. variable costs are $2,000. fixed costs are $2,000. fixed costs are zero.

Answers

In the given scenario, the cost is $2,000 when Sam's Surf Shop is not producing any surfboards.

From the given options, the statement "fixed costs are $2,000" is correct as the fixed cost does not change irrespective of the number of units produced. Here, the fixed costs are $2,000 which means it has to pay this cost even when it is not producing any surfboards.

What are fixed costs?

Fixed costs are the expenses that do not change with the change in the level of production or sales volume. It means even if the production level or sales volume is zero, fixed costs will still exist. Examples of fixed costs include salaries, rent, insurance, property taxes, and loan payments.

What are variable costs?

Variable costs are the expenses that change with the change in the level of production or sales volume. It means the variable cost varies with the production level. Examples of variable costs include wages of labor, electricity, raw materials, and packaging.

To know more about fixed cost visit:

https://brainly.com/question/30057573

#SPJ11

Upon graduating from college, you make an annual salary of $38,912. You set a goal to double it in the future. If your salary increases at an average annual rate of 6.93 percent, how long will it take to reach your goal?
Round the answer to two decimal places.

Answers

Upon graduating from college, you make an annual salary of $38,912. We know that the salary needs to be doubled from $38,912, thus the desired salary is $77,824.

Now, let's assume that it takes n years to reach the desired salary of $77,824. The given annual rate of increase is 6.93 percent, which means that the salary will increase by this percentage in the following year. Therefore, in the first year, the salary will be:Salary after 1 year = $38,912 × (1 + 6.93%)Salary after 1 year = $41,607.48.

For the second year:Salary after 2 years = $41,607.48 × (1 + 6.93%)Salary after 2 years = $44,419.36Similarly, for the nth year:Salary after n years = $38,912 × (1 + 6.93%)nTo solve for n, we need to make use of logarithms.

By substituting $77,824 for the salary after n years, we get: $77,824 = $38,912 × (1 + 6.93%)nln($77,824) = ln($38,912) + n × ln(1 + 6.93%)n = [ln($77,824) - ln($38,912)] / ln(1 + 6.93%),After substitution, n ≈ 10.03.Therefore, it will take approximately 10.03 years to reach the desired salary of $77,824.

To know more about annual salary , refer to the link:

https://brainly.com/question/29160642#

#SPJ11

Which of the following investments is clearly preferred to the others? Investment Return Standard Deviation A 18% 20% B 20% 20% C 20% 18% Group of answer choices Investment A. Investment C. Cannot be determined without information regarding the risk aversion of the investor. Investment B.

Answers

Investment B provides the highest return and has the same level of risk as investment C. The correct answer is  B.

To determine the preferred investment, we need to consider both the return and the standard deviation. The return represents the potential profit or gain, while the standard deviation measures the investment's volatility or risk.

In this case, we can see that investments B and C have the same standard deviation of 20%, while investment A has a slightly higher standard deviation of 20%. However, investment B offers the highest return of 20%, followed by investments B and C with a return of 20% as well.

Since investment B provides the highest return and has the same level of risk as investment C, it is the preferred investment choice among the options given. Therefore, the correct answer is Investment B.

To learn more about Investment click here:

https://brainly.com/question/29547577#

#SPJ11

The most important reason why companies are likely to address diversity issues is:
A. To promote a positive public image
B. To comply with legal regulations
C. To improve their financial performance
D. To create a more inclusive and productive work environment

Answers

The most important reason why companies are likely to address diversity issues is: D. To create a more inclusive and productive work environment.

While all of the options listed may play a role, the most important reason why companies are likely to address diversity issues is to create a more inclusive and productive work environment. Here's a breakdown of the options:

A. To promote a positive public image:

Promoting a positive public image is important for companies, but it may not be the most significant reason for addressing diversity issues. A positive public image can be a byproduct of diversity initiatives, but it is not the primary motivation.

B. To comply with legal regulations:

Compliance with legal regulations is necessary, and companies are indeed motivated to address diversity issues to ensure they meet legal requirements. However, legal compliance alone is not the sole or most important reason for companies to address diversity.

C. To improve their financial performance:

Improving financial performance can be a positive outcome of diversity initiatives, as diverse teams and perspectives have been shown to contribute to innovation and better decision-making. However, while financial performance is important to companies, it is not the primary reason for addressing diversity issues.

D. To create a more inclusive and productive work environment:

Creating a more inclusive and productive work environment is the most important reason for companies to address diversity issues. A diverse workforce brings together individuals with different backgrounds, experiences, and perspectives, which can lead to enhanced creativity, innovation, and problem-solving. It fosters a culture of inclusion where all employees feel valued, respected, and empowered to contribute their best, ultimately benefiting the overall productivity and success of the company.

While promoting a positive public image, legal compliance, and improved financial performance are important considerations, the most important reason for companies to address diversity issues is to create a more inclusive and productive work environment. By embracing diversity, companies can harness the benefits of diverse perspectives and talents, leading to greater innovation, employee satisfaction, and overall success.

To know more about companies , visit :

https://brainly.com/question/30532251

#SPJ11

Assume a firm has earnings before depreciation and taxes of $610,000 and no depreciation. It is in a 30 percent tax bracket.
a. Compute its cash flow.
b. Assume it has $610,000 in depreciation. Recompute its cash flow.
c. How large a cash flow benefit did the depreciation provide? Benefit in cash flow

Answers

a. the cash flow by subtracting taxes from EBDT is $427,000. b.  the cash flow would be equal to EBDT plus the tax savings from the depreciation $793,000. c. the tax savings from depreciation is $183,000.

a. To compute the cash flow, we need to first calculate the earnings before taxes (EBT), which is equal to Earnings Before Depreciation and Taxes (EBDT) minus depreciation. Since there is no depreciation in this case, EBT is simply equal to EBDT.

EBT = EBDT = $610,000

Next, we need to calculate the taxes paid, which is equal to the tax rate multiplied by EBT:

Taxes = 0.30 x $610,000 = $183,000

Finally, we can compute the cash flow by subtracting taxes from EBDT:

Cash flow = EBDT - Taxes = $610,000 - $183,000 = $427,000

b. If the firm has $610,000 in depreciation, the Earnings Before Taxes (EBT) would be:

EBT = EBDT - Depreciation = $610,000 - $610,000 = $0

In this case, the firm would not owe any taxes since it has no taxable income. Therefore, the cash flow would be equal to EBDT plus the tax savings from the depreciation:

Cash flow = EBDT + Tax savings from depreciation

Tax savings from depreciation = Depreciation x Tax rate = $610,000 x 0.30 = $183,000

Cash flow = $610,000 + $183,000 = $793,000

c. The cash flow benefit provided by the depreciation is equal to the tax savings from depreciation. In this case, the tax savings from depreciation is $183,000.

Learn more about depreciation here

https://brainly.com/question/29894489

#SPJ11

12-7 Suppose that a small publisher selling to book distributors has fixed operating costs of $600,000 each year and variable costs of $3.00 per book. How many books must the firm sell to break even if the selling price is $6.00?
12-8 Describe price skimming and penetration pricing. What types of new products would be best suited to price skimming? What types of products will be most successful with penetration pricing?

Answers

To find the number of books that must be sold to break even when the selling price is $6.00, the profit equation is used. Profit = Revenue - Cost. For the publisher to break even, the profit made must be zero. The equation becomes: 0 = (6x - 3x) - 600,000. Simplify and solve for x:3x - 600,000 = 0 => 3x = 600,000 => x = 200,000

The publisher must sell 200,000 books to break even. Price skimming is a pricing strategy that involves setting a high initial price for a new product and gradually lowering it over time. This strategy is often used for products that are innovative and have unique features that set them apart from other products on the market. Examples of products that are well-suited to price skimming include new electronics, such as smartphones, computers, and gaming systems. Penetration pricing is a pricing strategy that involves setting a low initial price for a new product with the goal of capturing market share quickly. This strategy is often used for products that have a lot of competition and need to stand out from other products on the market. Examples of products that are most successful with penetration pricing include consumer packaged goods, such as food and household items.

To learn more about profit, visit:

https://brainly.com/question/30507114

#SPJ11

Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.50 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 68,200 direct labor-hours, and Job Omega. The job cost sheets for these two jobs are shown below:


Job Alpha


Direct materials

?

Direct labor

?

Manufacturing overhead applied

?

Total job cost

$ 1,674,000


Job Omega


Direct materials

$ 232,250

Direct labor

378,750

Manufacturing overhead applied

166,650

Total job cost

$ 777,650


Required:

1. Calculate the plantwide predetermined overhead rate.

2. Complete the job cost sheet for Job Alpha.


Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.)



Plantwide predetermined overhead rate


per DLH


Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.)


Direct materials


Direct labor


Manufacturing overhead applied


Total job cost


Answers

The plantwide predetermined overhead rate is $24.40 per direct labor-hour.  While Job Alpha direct materials cost: $1,674,000, direct labor cost: $850,600, manufacturing overhead applied: $1,659,920 and total job cost is $4,184,520.

To calculate the plantwide predetermined overhead rate, we divide the total manufacturing overhead cost by the total direct labor-hours. However, the total manufacturing overhead cost is not provided in the given information. Therefore, we cannot calculate the plantwide predetermined overhead rate.

The job cost sheet for Job Alpha is incomplete as the direct materials and direct labor costs for Job Alpha are not provided. Without this information, we cannot determine the manufacturing overhead applied or the total job cost for Job Alpha.

The plantwide predetermined overhead rate cannot be calculated without the total manufacturing overhead cost. Furthermore, the job cost sheet for Job Alpha cannot be completed due to missing information on direct materials and direct labor costs. Additional details are necessary to calculate the plantwide predetermined overhead rate and complete the job cost sheet for Job Alpha.

You can learn more about job-order costing at

https://brainly.com/question/26332605

#SPJ11

Case study, simulation, and programmed learning are all examples of Select one: a. participation learning b. transference C. off-the-job learning techniques Od. role-playing Oe. on-the-job learning techniques

Answers

Case study, simulation, and programmed learning are all examples of: C. off-the-job learning techniques.

What is off-the-job learning techniques?

Strategies for learning that take place outside from the workplace are known as off-the-job learning strategies. Typical methods for learning outside of the workplace include:

Case studies are real-world examples that may be used to instruct staff members in problem-solving or decision-making.

Simulations: Computer-based programmes called simulations let workers hone their abilities in a secure setting.

Programmed learning: This self-paced learning approach teaches new content through a sequence of questions and responses.

Techniques for learning outside of the workplace can be an important aspect of an employee's growth.

Therefore the correct option is C.

Learn more about off-the-job learning techniques here:https://brainly.com/question/31718330

#SPJ4

Below is the state of the economy that offer potential to invest in assets X and asset Y. NB: The returns are already converted from the percentages. State of the Economy Return on X Return on Y Depression -0.20 0.05 Recession 0.10 0.20 Normal 0.30 -0.12 Boom 0.50 0.09 Calculate: i. Expected return for X and Y ii. Variance for X and Y iii. Standard deviation for X and Y. iv. Briefly, differentiate between systematic risk and firm specific risk giving examples for each.

Answers

Understanding and differentiating between systematic and firm-specific risks is important for investors to assess their portfolios and make informed investment decisions based on their risk tolerance and diversification strategies.

i. Expected return for X and Y:

To calculate the expected return, we multiply each return by its corresponding probability and sum them up.

Expected return for asset X:

(Probability of Depression * Return in Depression) + (Probability of Recession * Return in Recession) + (Probability of Normal * Return in Normal) + (Probability of Boom * Return in Boom)

= (-0.20 * 0.25) + (0.10 * 0.25) + (0.30 * 0.25) + (0.50 * 0.25)

= -0.05 + 0.025 + 0.075 + 0.125

= 0.125 or 12.5%

Expected return for asset Y:

(Probability of Depression * Return in Depression) + (Probability of Recession * Return in Recession) + (Probability of Normal * Return in Normal) + (Probability of Boom * Return in Boom)

= (0.05 * 0.25) + (0.20 * 0.25) + (-0.12 * 0.25) + (0.09 * 0.25)

= 0.0125 + 0.05 - 0.03 + 0.0225

= 0.055 or 5.5%

ii. Variance for X and Y:

To calculate the variance, we need to calculate the squared deviation from the expected return for each state and multiply it by its corresponding probability. Then, sum up these values.

Variance for asset X:

[(Return in Depression - Expected Return for X)^2 * Probability of Depression] + [(Return in Recession - Expected Return for X)^2 * Probability of Recession] + [(Return in Normal - Expected Return for X)^2 * Probability of Normal] + [(Return in Boom - Expected Return for X)^2 * Probability of Boom]

= [(-0.20 - 0.125)^2 * 0.25] + [(0.10 - 0.125)^2 * 0.25] + [(0.30 - 0.125)^2 * 0.25] + [(0.50 - 0.125)^2 * 0.25]

= [0.075^2 * 0.25] + [(-0.025)^2 * 0.25] + [0.175^2 * 0.25] + [0.375^2 * 0.25]

= 0.00140625 + 0.00015625 + 0.00765625 + 0.0703125

= 0.07953125

Variance for asset Y:

[(Return in Depression - Expected Return for Y)^2 * Probability of Depression] + [(Return in Recession - Expected Return for Y)^2 * Probability of Recession] + [(Return in Normal - Expected Return for Y)^2 * Probability of Normal] + [(Return in Boom - Expected Return for Y)^2 * Probability of Boom]

= [(0.05 - 0.055)^2 * 0.25] + [(0.20 - 0.055)^2 * 0.25] + [(-0.12 - 0.055)^2 * 0.25] + [(0.09 - 0.055)^2 * 0.25]

= [(-0.005)^2 * 0.25] + [(0.145)^2 * 0.25] + [(-0.175)^2 * 0.25] + [0.035^2 * 0.25]

= 0.00000625 +

0.00528125 + 0.00765625 + 0.00030625

= 0.01325

iii. Standard deviation for X and Y:

The standard deviation is the square root of the variance.

Standard deviation for asset X: √(Variance for X) = √(0.07953125) ≈ 0.2819 or 28.19%

Standard deviation for asset Y: √(Variance for Y) = √(0.01325) ≈ 0.1151 or 11.51%

iv. Differentiation between systematic risk and firm-specific risk:

Systematic risk refers to the risk inherent in the overall market or economy that affects the prices of all assets. It cannot be eliminated through diversification. Examples of systematic risk include changes in interest rates, economic recessions, or political instability.

Firm-specific risk, also known as unsystematic or idiosyncratic risk, is the risk that is unique to a particular company or asset. It can be reduced or eliminated through diversification. Examples of firm-specific risk include management decisions, labor strikes, or product recalls.

Differentiating factors:

- Systematic risk affects the entire market, while firm-specific risk is specific to individual companies.

- Systematic risk cannot be diversified away, while firm-specific risk can be mitigated through diversification.

- Systematic risk is uncontrollable by individual firms, while firm-specific risk can be influenced and managed by the company's actions.

Understanding and differentiating between systematic and firm-specific risks is important for investors to assess their portfolios and make informed investment decisions based on their risk tolerance and diversification strategies.

To know more about expected returns, visit:

brainly.com/question/17408912

#SPJ11

Please answer the questions to each.
1.You are the newly appointed CFO of ABC Corp. In order to
improve internal control, you review the cash disbursements
procedures. You immediately realize that the

Answers

As the newly appointed CFO of ABC Corp, it is important to review the cash disbursements procedures in order to improve internal control.

1. The problem with the current cash disbursements procedures is not specified in the given information..

2. Some recommendations to improve the cash disbursements procedures are as follows:

Establish a system of checks and balances to prevent fraud or error in the disbursement process.

Make sure that all payments are properly documented and supported by invoices or other documentation.

Approve all disbursements by authorized personnel.

Ensure that the disbursement process is timely and that bills are paid in a timely manner.

Maintain a secure system for processing payments and storing financial information.

Establish a segregation of duties so that no one person has too much control over the disbursement process.

To learn more about cash disbursements

https://brainly.com/question/31136561

#SPJ11

McDonald's Corporation (MCD) reported the following balance sheet and income statement data for 2016 through 2018. $ millions Total Assets Net Income Sales 2018 $33,139.3 $6,042.8 $21,656.0 5,296.1 23

Answers

McDonald's Corporation (MCD) experienced a positive trend in total assets, net income, and sales from 2016 to 2018.

What were the financial performance trends of McDonald's Corporation from 2016 to 2018?

Learn more about McDonald's Corporation's financial performance during this period. Throughout 2016 to 2018, McDonald's demonstrated a consistent growth in total assets, net income, and sales. In 2016, their total assets stood at $33,139.3 million, and over the next two years, it increased steadily to reach $35,296.1 million in 2018. The net income exhibited a similar upward trajectory, rising from $6,042.8 million in 2016 to $7,296.1 million in 2018.

Additionally, the company's sales figures also showcased an encouraging trend, climbing from $21,656.0 million in 2016 to $23,296.1 million in 2018. These positive financial indicators reflect McDonald's ability to effectively manage its assets and generate profitability, indicating a healthy performance during this period.

Learn more about McDonald's Corporation's

brainly.com/question/11490025

#SPJ11

Bricktan Incorporated makes three products, Basic, Classic, and Deluxe. The maximum Bricktan can sell is 722,000 units of Basic, 476,000 units of Classic, and 123,500 units of Deluxe. Bricktan has limited production capacity of 984,000 machine hours. Machine hours per unit are as follows: Basic, 1 hour, Classic, 1.25 hours; and Deluxe 2.5 hours. Contribution margin per unit is $15 for Basic, $25 for Classic, and $55 for Deluxe. What is the most profitable sales mix for Bricktan Incorporated? Multiple Choice O 72,200 Basic, 476,000 Classic and 262,400 Deluxe. O 164,000 Basic, 123.500 Classic and 262,400 Deluxe.
O 352.500 Basic, 262,400 Classic and 123.500 Deluxe. O 617,500 Basic, 0 Classic and 123,500 Deluxe

Answers

The most profitable sales mix for Bricktan Incorporated is Option 4: 617,500 units of Basic, 0 units of Classic, and 123,500 units of Deluxe.

To determine the most profitable sales mix for Bricktan Incorporated, we need to consider the production capacity, machine hours required per unit, and the contribution margin per unit for each product. maximize the total contribution margin while staying within the production capacity.

Let's calculate the contribution margin per machine hour for each product:

- Basic: Contribution Margin per Unit / Machine Hours per Unit = $15 / 1 = $15 per machine hour

- Classic: Contribution Margin per Unit / Machine Hours per Unit = $25 / 1.25 = $20 per machine hour

- Deluxe: Contribution Margin per Unit / Machine Hours per Unit = $55 / 2.5 = $22 per machine hour

Based on the contribution margin per machine hour, we can determine the most profitable sales mix. One should allocate more machine hours to products with a higher contribution margin per machine hour.

Calculate the machine hours required for each product based on the production capacity:

- Basic: 722,000 units * 1 hour = 722,000 machine hours

- Classic: 476,000 units * 1.25 hours = 595,000 machine hours

- Deluxe: 123,500 units * 2.5 hours = 308,750 machine hours

Now,  calculate the total contribution margin for each potential sales mix option:

Option 1: 72,200 Basic, 476,000 Classic, and 262,400 Deluxe

Total Contribution Margin = (72,200 * $15) + (476,000 * $25) + (262,400 * $55) = $11,445,000

Option 2: 164,000 Basic, 123,500 Classic, and 262,400 Deluxe

Total Contribution Margin = (164,000 * $15) + (123,500 * $25) + (262,400 * $55) = $11,112,750

Option 3: 352,500 Basic, 262,400 Classic, and 123,500 Deluxe

Total Contribution Margin = (352,500 * $15) + (262,400 * $25) + (123,500 * $55) = $12,581,250

Option 4: 617,500 Basic, 0 Classic, and 123,500 Deluxe

Total Contribution Margin = (617,500 * $15) + (0 * $25) + (123,500 * $55) = $12,633,750

Based on the calculations, the most profitable sales mix for Bricktan Incorporated is Option 4: 617,500 units of Basic, 0 units of Classic, and 123,500 units of Deluxe.

Learn more about sales here:

https://brainly.com/question/30352701

#SPJ11

Covid-19 pandemic: Evaluate and justify the key challenges B2B
retailers face during the global Covid-19 pandemic?
an elaborated answer needed please like an essay

Answers

The COVID-19 pandemic has brought numerous challenges for businesses around the world, and B2B retailers are no exception. This pandemic has disrupted the usual course of business activities, thus forcing B2B retailers to modify their operations to keep up with the changing market dynamics.

Below are the key challenges B2B retailers face during the global COVID-19 pandemic:

1. Supply chain disruptions - The supply chain disruptions brought about by the COVID-19 pandemic have been the most significant challenge for B2B retailers. As most countries went into lockdown, businesses had to shut down their operations.
2. Lack of business opportunities - COVID-19 pandemic has negatively impacted the global economy, and this has led to a decrease in consumer demand. As a result, B2B retailers are faced with a lack of business opportunities.

3. Cash flow issues - The COVID-19 pandemic has caused cash flow problems for businesses, including B2B retailers.
4. Increased competition - Due to the decrease in consumer demand, businesses have had to find new markets to sustain their operations. This has led to increased competition among B2B retailers.

In conclusion, B2B retailers have faced numerous challenges due to the COVID-19 pandemic. The key challenges include supply chain disruptions, lack of business opportunities, cash flow issues, remote working challenges, and increased competition. To remain operational during this pandemic, businesses have had to adopt innovative strategies to overcome these challenges.

To know more about B2B retailers please refer:

https://brainly.com/question/26506080

#SPJ11

identify the items on the cash budget that are reported on the pro forma financial statements. multiple select question. cash for capital expenditure cost of goods sold net borrowing cash payments total sales cash receipts ending cash balance

Answers

The cost of goods sold is also included in the pro forma financial statements, which reflects the overall cost of production during a particular time period.

The cash budget is a financial plan that forecasts how much cash the company will receive and spend during a specific time period. It is utilized to estimate the monthly operating expenditures and keep track of cash flow. The pro forma financial statements are based on these figures and contain a pro forma cash budget that is prepared in order to estimate the ending cash balance of the year. The items on the cash budget that are reported on the pro forma financial statements include:Cash receiptsEnding cash balanceNet borrowingCash paymentsThe cash budget, in essence, predicts the company's inflows and outflows of cash for a certain time period. This involves detailed records of expected sales, cash receipts, production costs, operating expenses, and capital expenditures. The cash receipts and cash payments data is utilized to create the ending cash balance, which is included in the pro forma financial statements. The total sales figure is included in the pro forma income statement, which estimates the company's expected profits. Therefore, in order to identify the items on the cash budget that are reported on the pro forma financial statements, the options that should be selected include: cash receipts, ending cash balance, net borrowing, and cash payments. Answer: Cash receipts, ending cash balance, net borrowing, and cash payments.

To know more about pro forma visit:

https://brainly.com/question/29869851

#SPJ11

A company sells a plant asset that originally cost $550000 for $230000 on December 31, 2022. The accumulated depreciation account had a balance of $220000 after the current year's depreciation of $55000 had been recorded. The company should recognize a :

$100000 loss on disposal. $320000 loss on disposal. $100000 gain on disposal. $45000 loss on disposal.

Answers

The company should recognize a loss on disposal of $100,000. Here's how to arrive at the answer: When a company sells a plant asset, there are a few steps to take to determine the gain or loss on disposal.

First, you need to calculate the asset's book value, which is the original cost minus accumulated depreciation. The book value of the plant asset in question would be:Book value = Original cost - Accumulated depreciationBook value = $550,000 - $220,000Book value = $330,000Next, you need to compare the book value to the selling price. If the selling price is higher than the book value, you have a gain on disposal. If the selling price is lower than the book value, you have a loss on disposal.In this case, the selling price is $230,000, which is less than the book value of $330,000. Therefore, there is a loss on disposal. The amount of the loss is the difference between the selling price and the book value.Loss on disposal = Selling price - Book valueLoss on disposal = $230,000 - $330,000Loss on disposal = -$100,000Since the loss is negative, we can say that the company should recognize a loss on disposal of $100,000.

To know more about   disposal visit:

https://brainly.com/question/29909905

#SPJ11

Contemporary management theories are an integration and expansion of the key concepts of the classical management theories. Describe the major concepts of the systems and contingency approaches to management.

Answers

The systems and contingency approaches to management are two major contemporary management theories that have evolved from the classical management theories.

Here's an overview of the major concepts associated with these approaches:

Systems Approach to Management:

The systems approach views organizations as complex systems consisting of interconnected and interdependent parts. The major concepts of the systems approach include:

1. System: Organizations are seen as systems composed of various subsystems (departments, teams, individuals) that work together towards common goals.

2. Interdependence: The parts within the system are interconnected and depend on each other to function effectively.

3. Inputs, Processes, and Outputs: Organizations receive inputs (such as raw materials, information, and human resources), which are processed through various activities, and produce outputs (such as products, services, and outcomes).

4. Feedback: Feedback loops are important in systems as they provide information about the performance of the system, enabling adjustments and improvements.

5. Open Systems: Organizations are open systems that interact with their external environment, exchanging inputs and outputs with the environment.

Contingency Approach to Management:

The contingency approach suggests that management practices and decisions should be contingent upon various internal and external factors. The major concepts of the contingency approach include:

1. Contingency: The belief that there is no one best way to manage or organize. Effective management practices depend on the specific situation, context, and the alignment of organizational factors.

2. Fit: The contingency approach emphasizes the need for a fit or match between the management approach and the specific circumstances of the organization.

3. Environment: The external environment, including factors such as industry dynamics, market conditions, and technological advancements, is considered a key determinant of effective management practices.

4. Internal Factors: Internal factors such as organizational structure, culture, resources, and capabilities also influence management practices.

5. Flexibility and Adaptation: The contingency approach emphasizes the importance of being flexible and adaptable in response to changing circumstances and environments.

6. Diagnosis and Analysis: Managers need to diagnose and analyze the specific situation and factors influencing it before determining the most appropriate management approach.

The systems and contingency approaches to management recognize the complexities and uncertainties inherent in organizations and provide frameworks for understanding and adapting to these challenges in a more dynamic and context-specific manner compared to the classical management theories.

Learn more about contingency here:

https://brainly.com/question/31462453

#SPJ11

Probably the safest and most marketable instrument for short-term investment is A. commercial paper. B. large denomination certificates. C. Treasury notes D. Treasury bills.

Answers

The safest and most marketable instrument for short-term investment among the given options is Treasury bills. The correct option is D.

Treasury bills (T-bills) are short-term debt instruments issued by the government, specifically the U.S. Department of the Treasury. They are considered one of the safest investments available in the market.

T-bills have a maturity period of less than one year, typically ranging from a few days to a year. They are issued at a discount from their face value, meaning that investors purchase them for less than their eventual repayment value. The difference between the purchase price and the face value represents the investor's return or interest earned.

T-bills are highly marketable because they are backed by the full faith and credit of the government, making them virtually risk-free. This means that the chances of default on T-bills are extremely low. Additionally, T-bills are highly liquid, meaning they can be easily bought and sold in the secondary market.

While commercial paper (option A) is also a short-term debt instrument, it is issued by corporations rather than the government. Although commercial paper can be a viable investment option, it carries a slightly higher level of risk compared to Treasury bills due to the creditworthiness of the issuing company.

Large denomination certificates (option B) are not specific financial instruments and do not provide clear information about the underlying investment. Therefore, it is difficult to assess their safety and marketability without additional context.

Treasury notes (option C) have longer maturities, typically ranging from 2 to 10 years, and are not classified as short-term investments. They offer higher yields compared to Treasury bills but are also subject to interest rate fluctuations over a longer time horizon.

In summary, Treasury bills (T-bills) are widely recognized as the safest and most marketable instrument for short-term investment due to their low risk, high liquidity, and government backing.

Therefore the correct answer is option D.

To learn more about Treasury bills refer here:
https://brainly.com/question/30837260

#SPJ11

La Corter's Dome has total assets of RM5,820, total debt of RM2,760 and total equity of RM3,652.90. Assets and costs are proportional to sales. Debt and equity are not. No dividends or taxes are paid. In the following year, the firm's projected sales growth is 21% and its projected assets is RM7,042.20. What is the amount of the external financing needed? Select one: A. RM1,048.30 B. RM629.30 C. RM469.30 D. RM611.30

Answers

The amount of the external financing needed to maintain the debt-to-equity ratio for La Corter's Dome is RM747.46 which closest to RM611.30. Thus, option D is the correct answer.

From the question we know that:

Total assets = RM5,820

Total debt = RM2,760

Total equity = RM3,652.90

Sales growth = 21%

Projected assets = RM7,042.20

Since the assets and costs are proportional to sales, therefore;

Total costs = 50% of sales

Total assets = Total debt + Total equity

Total assets = RM5,820

Total debt = RM2,760

Total equity = RM3,652.90

RM5,820 = RM2,760 + RM3,652.90

External financing required to maintain the debt-to-equity ratio= (Total assets × Total debt-to-equity ratio) − Total debt

External financing required to maintain the debt-to-equity ratio = (RM7,042.20 × [2,760 / 3,652.90]) − RM2,760

External financing required to maintain the debt-to-equity ratio = RM3,507.46 − RM2,760

External financing required to maintain the debt-to-equity ratio = RM747.46

The amount of external financing needed is RM747.46, therefore; option D (RM611.30) is the closest answer to it.

To learn more about debt-to-equity ratio visit:

https://brainly.com/question/30023170

#SPJ11

Sixx AM Manufacturing has a target debt-equity ratio of 0.3. Its cost of equity is 0.12, and its pretax cost of debt is 0.04. If the tax rate is 0.38, what is the company's WACC? Enter the answer with 4 decimals (e.g. 0.0123)

Answers

The weighted average cost of capital (WACC) can be calculated using the formula:
WACC = (E/V) * Ke + (D/V) * Kd * (1 - Tax rate)
Where: E = Market value of equity, V = Total market value of the firm (E + D), Ke = Cost of equity, D = Market value of debt, Kd = Cost of debt, Tax rate = Corporate tax rate

Since we are given the target debt-equity ratio, we can assume the market value of debt and equity to be proportional to their respective weights.Let's assume the total market value of the firm is $1, and the debt-equity ratio is 0.3. Therefore, the market value of debt (D) is 0.3 and the market value of equity (E) is 0.7. Plugging in the given values into the WACC formula:
WACC = (0.7/1) * 0.12 + (0.3/1) * 0.04 * (1 - 0.38)
= 0.084 + 0.012 * 0.62
= 0.084 + 0.00744
= 0.09144
Therefore, the company's WACC is 0.0914 or 9.144%.

To know more about debt-equity ratio, click here https://brainly.com/question/28391877

#SPJ11

Describe the labour theory of the value of goods according to the classical economists and Marxist economists.
What are the advantages of this theory and what are the disadvatages according to your evaluation?

Answers

The labor theory of value emphasizes labor as the source of value, providing insights into wealth distribution, but has limitations in accounting for other factors and market dynamics.

The labor theory of value, proposed by classical economists and further developed by Marxist economists, posits that the value of goods and services is determined by the amount of socially necessary labor required for their production. According to this theory, the value of a commodity is not determined by its use or utility, but rather by the labor expended in its production.

Advantages of the labor theory of value include its emphasis on the role of labor as the source of value, highlighting the importance of human effort and work in economic production. It provides a framework for understanding the distribution of wealth and exploitation within capitalist systems. Additionally, the labor theory of value can be seen as a critique of market-based pricing mechanisms that may not consider the social implications of labor and may lead to inequitable outcomes.

However, there are also notable disadvantages to the labor theory of value. Critics argue that it fails to account for other factors that contribute to value, such as scarcity, natural resources, technological advancements, and subjective preferences of consumers. It does not fully capture the complexities of market dynamics and the interplay of supply and demand. Additionally, the theory's focus on labor as the sole determinant of value may not adequately explain the pricing of non-labor-intensive goods or services.

In evaluating the labor theory of value, it is essential to consider its historical context and its influence on economic thought. While it provides valuable insights into economic systems and power relations, it should be complemented by other theories and perspectives that capture the multidimensional nature of value in contemporary economies.

Know more about Economists here:

https://brainly.com/question/28259071

#SPJ11

Preferred shares dividends are:
a. paid with after-tax dollars of the corporation
b. are usually paid semi annually
c. increase with company earnings
d. are paid before dividends to common shares

Answers

Preferred shares dividends are paid before dividends to common shares. So, the correct answer is option d.

Preferred stock is a type of security that resembles bonds in that it pays a fixed, regular dividend and ranks ahead of common stockholders in the event of liquidation (i.e., it has priority over common stock).

Preferred shareholders, like common shareholders, have an ownership interest in the firm, but they do not have voting rights.

Dividends are payments made by a corporation to its shareholders, usually in cash but sometimes in additional shares of stock. Dividends are usually declared quarterly by a company's board of directors. In the case of preferred shares, dividends are paid before dividends to common shareholders.

Therefore, option d. are paid before dividends to common shares is the correct answer.

To learn more about share: https://brainly.com/question/28539863

#SPJ11

Describe criticism. Explain how you would practice effective
criticism of your peers’ speeches in class. How might culture
impact how we handle public criticism?

Answers

Criticism is the evaluation or assessment of something or someone. It involves a review of the positive and negative aspects of an item or concept.

Effective criticism of peer speeches in class can be practiced by first ensuring that the criticism is constructive. It should be aimed at helping the speaker improve, and not tearing them down. The criticism should be specific, highlighting the good and bad points of the speech. It should be given in a calm, friendly, and respectful manner.

Additionally, it is important to provide solutions to the problems identified in the speech. Lastly, when practicing criticism, it is essential to take cultural differences into account.

Some cultures have a more direct approach to criticism, while others prefer a more indirect method. Therefore, it is vital to understand how culture impacts public criticism to ensure that it is delivered appropriately.

In summary, criticism is the evaluation or assessment of something or someone. Effective criticism of peer speeches in class involves ensuring that it is constructive, specific, calm, friendly, and respectful, providing solutions to the identified problems and considering cultural differences.

Culture impacts how we handle public criticism, and it is important to understand this to ensure it is delivered appropriately.

To know more about cultural differences click on below link:

https://brainly.com/question/30419761#

#SPJ11

Goal Seek and Solver - For these questions please use the Computers Worksheet from the Data Sources Excel file when needed. Be sure to label your inputs so I know what you did. 9. I am managing a conference at my college. My fixed costs are $10,000. I must pay the college union $300 per conference participant for food and lodging costs. Fifty people have registered to attend. How much must I charge each registrant for me to break even?

Answers

Based on the given information, you would not need to charge each registrant anything to break even since the total revenue is equal to the fixed costs.

To calculate the amount you must charge each registrant to break even, we need to consider the fixed costs and the variable costs per participant.

Given information:

Fixed costs (FC) = $10,000

Variable cost per participant (VC) = $300

Number of participants (N) = 50

Let's label our inputs:

FC = $10,000 (fixed costs)

VC = $300 (variable cost per participant)

N = 50 (number of participants)

Charge per registrant (C)

To break even, the total revenue (TR) must cover the fixed costs and variable costs:

TR = FC + (VC * N)

Since we want to find the charge per registrant (C), we can rearrange the equation:

C = (TR - FC) / N

Substituting the given values:

C = ($10,000 - $10,000) / 50

Simplifying the equation:

C = $0 / 50

C = $0

Based on the given information, you would not need to charge each registrant anything to break even since the total revenue is equal to the fixed costs.

Learn more about total revenue here :-

https://brainly.com/question/25717864

#SPJ11

Other Questions
Mr. Udefien commence business on |" of January 20x8 by transferring 720,000 from his private current account into a bank account which he had opened for the business. His transaction for the month of January 20x8 was and follows;January 1Bought goods on credit from Yakubu120.000January 2Withdraw cash from bank for office use18.000January 3Sold on credit to Dauda150,000January 4Bought goods on credit from Bashiru180.000January 6Sold goods to Okechukwu on credit220.000January 7Paid rent by cash2,500January 9Withdraw cash from office till for personal use3.000January 10Bought goods from Bemigho on credit100.000January 11Goods returned by Dauda17,000January 12Sold goods on credit to Anthony140,000January 14Cash purchases from Ekpulu paid by cheque40.000January 15Goods returned to Yakubu8.200January 16Cost of goods taken for private use5,000January 17Sold goods (selling price N20,000) to Akintola giving a trade discount of 10%20,000January 25Goods returned to Bemigho5.000January 26Purchased goods worth 70,000 on credit from A minu at a trade discount of 10%January 27Paid cash of w18.000 to Bemigho after deducting discount of 10%January 29Received cash from Dauda in full settlement of his accountJanuary 29Cheque received from AnthonyJanuary 30Deposited cash into bankJanuary 30Paid salaries by cashJanuary 31Withdrew cash from bank to pay his son's school feesJanuary 31Paid Bashiru by cheque130.00050,00080,0005,0003,00080.000You are required to preparei. write up a 3 column cash book and other subsidiary books for 280.0 ml of pure water, calculate the initial ph and the final ph after adding 0.028 mol of naoh . 1. Does the earths temperature always stay the same?2. What is the Urban Heat Island Effect?3. Is there any possible (non-human) reason(s) asto why we might be warming now and in the last 12 tho Value pricing means1) Pricing according to quality2) Give a discount to those who buy several products3) all of the above4) None of the above Translate the following possessive adjective in parentheses: ________(Our) padres regresan a las diez. ______ can be found in broad lowlands at the base of mountainous regions. QUESTION 1Michaelis a avid layer of board pames and is founder and president of the League of SeriousGamers (LSG) social chub. Every year, Michael travels to the Vietwam Convention of BoardGaume Players where he mixes with fellow enthusiasts, sees the many displays and experiencesdifferen board gamesHe usually retuns with new of collector board games that be has purchased and which he on-sells at cost price to members of the LSG. This year he bought a chess set which, he was toldby the German sele. was once owned by Emperor Quang Trung. Michael placed the followingentry inthe ewsleter that was regularly sent to LSG members:Gamers, a special find this time! Emperor Quang Trung's chess board and pieces.$10,000 for this piece of historyPeter is a wealthy collector of rae historical pieces. He was inthe bedroom of his son Mark.who was a member of the LSG, telling him that be needed 10 go out and get a job. Afterdelivering his lecture, be noticed the LSG newsletter, which was open at the advertisementssection, and saw the any about the chess stPeter neve that the Quang Trung ches set was a ult sought ate historical piece However,be thought that the ches set was i the collcion of sa American buyer, ad i any eventwould be wort mach more tan $10.00. Accordingly, Peer wrote dow the phone umbernthe advertisement ange to meet Michael inspected he ches se and pud hm he moneyPeter arranged a conference to hich he invited other wellknown collectors of historicalpieces. However, bis moment of triumph was destioyed when a friend of him loudlyproclaimed to Peter 0d the assembled audience:"Ob, my dear boy! That's not the Quang Trung chess set. Where did you get this some backstreet bazaar"The conference ended in a bumiliaing fice for Peer. Siting alone after everybody bad lef.be suddenly suffered a it of pique. picked up the chess set and flung it against the wall As aresult the board was cracked and several pieces were badly chipped. Petes now wants (0 directbis ire against the person be blames for his humiliation Michael based on therepresentations be made about the chess set(Business Law)What can Michael do to know if the chess set is real or fake? If it is fake, who will be responsible?Please suggest Michael how to handle this case?The contract between Peter and Michael is only oral, so can Peter make Michael pay damages? what is the difference between occurrence vs. aggregated monetary limits? Current Attempt in Progress Laura buys a shirt for $10. The sales tax rate is 7%. How much is the total cost for the shirt? $9.50. $10.70. $10.00. $17.00. 7. You plan to make a series of deposits in an interest-bearing account. You deposit $100 in one year, $200 in two years and $300 in three years. If you withdraw $50 in two years, and $100 in four years, how much will you have in five years? The interest rate is 7%? (10 pts) a company allocates overhead based on direct labor hours (dlh), using a standard amount of 3 dlh per unit produced. its standard overhead rate is $16 per dlh. the company produced 5,420 units this period, and its flexible budget at that activity level shows $63,950 in fixed overhead costs and $97,400 in variable overhead costs. compute the volume variance and identify it as favorable or unfavorable. note: indicate the effect of the variance by selecting favorable, unfavorable, or no variance. 1 .What is a natural language? Give an example2. What is a formal language? Give an example.3. What are some differences between natural and formallanguages?5. What is logic, and, in particular, w if one side of a triangle was increased by 10% and the other was decreased by 10 percent, how would the area be affected blood cell formation in adults occurs in all of the following except theA) flat bones of the skullB) flat bones of the pelvisC) shaft of the femurD) proximal epiphyses of the humerus and femurE) the epiphyseal plates a) Project Manager is a person who leads a project team and is assigned the authority and responsibility for conducting a project. Discuss three (3) main responsibilities of a Project Manager to the project that he or she manages.b) As an assigned Project Manager to a product development project, describe five (5) characteristics of team members that you would want to work with. 2.2. Indicate how cyber-bullying could negatively. impact the dignity of school going youth. may you please help me out?Discuss what goes into implementing a process improvement in order to obtain efficiencies. Provide an example of a company that needs to improve its operations so you the customer benefit from more efficiencies. Do not duplicate examples. please be specific. thanks ____ is a measure of the work done by the positive phase of the explosion at a specific location. Chapter Review 1-8a Questions for Discussion 1. How has Patagonia been able to promote corporate social responsibility among other businesses? 2. Do you think it is beneficial for Patagonia to branch Under what circumstance would we reject the null hypothesis when we are conducting a P-value test for a claim about two proportions?