For each raffle ticket you purchase, you stand to lose $9.73. Each lottery ticket's expected value is calculated as follows: expected gain minus ticket price
The expected value, also known as expectation, expectancy, mathematical expectation, mean, average, or first moment, is a generalisation of the weighted average in the field of probability theory.
Remember that you can calculate the expected value by multiplying the value by the likelihood that the event will occur. Here, keep in mind that your raffle ticket cost you $10. As a result, you must deduct 10 from the amount in order to arrive at the predicted figure.
Steps for calculation:
\(E(x)=990.1/15,000 + 490.2/15,000 + 290.2/15,000 +140.10/15,000- 10.14,985/15,000\\E(x)=0.066+0.0653+0.0387+0.0933-9.99\\E(x)=-9.7267\\E(x)=-9.73\)
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help plz
Which of the following would be included in the U.S. gross domestic product
(GDP) measure?
O A. The value of Apple products made in Canada
B. The value of Levi jeans made in Malaysia
C. The value of Toyota cars made in California
D. The value of Nike shoes produced in China
SUBMIT
The correct option is C. The value of Toyota cars made in California would be included in the U.S. gross domestic product (GDP) measure
Gross domestic product (GDP) is the accepted unit of measurement for the value added produced by the production of goods and services in a nation over a specific time period.
Why is GDP measured?The term "gross domestic product," or "GDP," refers to the total monetary value, or "market value," of finished products and services produced inside a nation over a specific timeframe, usually a year or quarter. In this regard, it serves as a gauge of domestic output and a tool for assessing the state of an economy.
The quantity of all commodities and services produced is multiplied by their prices, and the resulting amount is used to calculate GDP. GDP can be calculated using either the total amount of goods and services purchased or the amount of production.
Thus, As a result, it also accounts for income generated from that output or total expenditures on finished goods and services and fewer imports.
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If competitors cannot easily copy the benefit a company chooses to promote, that benefit is said to be _________.
'If competitors cannot easily copy the benefit a company chooses to promote, that benefit is said to be preemptive.
A corporation, abbreviated as co., is a legal entity, natural, legal, or a mixture of both, which is a collection of people with a specific purpose. Company members have common goals and work together to achieve specific goals.
Unlike a typical mission statement, however, a company purpose is primarily intended to describe what the company does. While outlining the company's general direction, it can also include specific aspects such as areas of focus, strategic partnerships, or target groups.
General departments include Marketing, Finance, Operations Management, Human Resources and IT. These five divisions represent major divisions within public companies, although smaller divisions often exist within independent companies.
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What step in the investigative process would the development of timelines and interpretation of burn patterns be related to?
Answer:
Data Analysis
Explanation:
During a fire outbreak which could be accidental or incidental, information is first collected both from witnesses and observation. After this, timelines are developed in a bid to develop inductive reasoning as to the patterns in the timing of the fire outbreak. Burn patterns are also analyzed to provide an indication as to the origin and cause of the fire.
It is important that the timelines and patterns being analyzed are based on facts that are verifiable and not speculations. This is important because working with incorrect information would lead to the development of the wrong hypothesis.
Even after a foreclosed property is sold at public auction, the defaulting borrower may be able to recover the property for a time by paying the balance plus foreclosure expenses or the foreclosure sale price, depending on the state. This right is called the
This right is called the right of Redemption
The right of redemption enables borrowers who have fallen behind on their mortgage payments to regain their homes by paying the outstanding balance plus interest and penalties either before the foreclosure process gets underway or, in some areas, even after a foreclosure auction.
When a person takes out a mortgage to purchase a property, the house itself acts as security for the loan. In other words, if a homeowner misses a payment, they lose possession of the house. Many mortgage notes contain a clause referred to as the right of foreclosure that explains a lender's power to foreclose on a property and specifies the circumstances in which the lender may do so.
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Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate
Employees of a company come together to discuss the redesign of a product. What process are they engaging in
The employees of the company are engaging in a process known as collaborative brainstorming or ideation.
This process involves a group of individuals coming together to generate ideas and solutions to a specific problem or task. In this case, the employees are discussing the redesign of a product and working together to come up with innovative ideas to improve its design, functionality, and overall appeal. The collaborative process encourages open communication, active listening, and the sharing of diverse perspectives, which can lead to more effective solutions and a better outcome.
By engaging in collaborative brainstorming, the employees can tap into the collective knowledge and creativity of the group, which can ultimately lead to greater success and satisfaction for the company and its customers.
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Suppose a hypothetical corporation is in the very late maturity stage of its industry life cycle. A decline of growth in sales & earnings is forecasted soon. Current annual DPS is $4.50. This DPS is expected to grow 6.0% per year for the next 4 years, followed by 3.0% per year growth forever. Rate of return stockholders require is 8.0%. Determine this stock’s intrinsic value (P0). Show all formulas & calculations. [HINT: use the 2-stage growth model.]
The intrinsic value (P0) of the stock using the two-stage growth model is calculated to be $155.81. This value takes into account the forecasted growth rates, dividends, and the required rate of return.
To calculate the intrinsic value (P0) of the stock using the two-stage growth model, we need to follow these steps:
Calculate the present value of the dividends during the high growth phase (first four years):
P1 = DPS * (1 + g1) / (r - g1)
P1 = $4.50 * (1 + 0.06) / (0.08 - 0.06)
P1 = $4.50 * 1.06 / 0.02
P1 = $4.50 * 53 / 2
P1 = $119.25
Calculate the present value of the dividends during the stable growth phase (after four years):
P2 = DPS * (1 + g2) / (r - g2)
P2 = $4.50 * (1 + 0.03) / (0.08 - 0.03)
P2 = $4.50 * 1.03 / 0.05
P2 = $4.50 * 103 / 5
P2 = $92.70
Calculate the present value of the stock at time zero (intrinsic value):
P0 = P1 / (1 + r)^4 + P2 / (1 + r)^4
P0 = $119.25 / (1 + 0.08)^4 + $92.70 / (1 + 0.08)^4
P0 = $119.25 / 1.3605 + $92.70 / 1.3605
P0 = $87.67 + $68.14
P0 = $155.81
Therefore, the intrinsic value (P0) of the stock is $155.81.
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A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
\(= \frac{Future \ value}{(1+r)^n}\\\\\)
that's why "Option D" is correct.
hello im Michal the fox how may tails i have three,two or,four
Answer:
2
Explanation:
Required information
[The following information applies to the questions displayed below.]
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,390 in assets to launch the business. On December 31, the company’s records show the following items and amounts.
Cash $ 13,210 Cash withdrawals by owner $ 1,460
Accounts receivable 13,320 Consulting revenue 13,320
Office supplies 2,720 Rent expense 2,950
Land 45,910 Salaries expense 6,290
Office equipment 17,350 Telephone expense 830
Accounts payable 7,970 Miscellaneous expenses 640
Owner investments 83,390
Using the above information prepare a December income statement for the business.
Based on the information given the December statement of cash flows for Ernst Consulting is $2,610.
Income statement:ERNST CONSULTING Income Statement For Month Ended October 31
REVENUES
Consulting fees earned $13,320
Total revenues $13,320
EXPENSES
Rent expense $2,950
Salaries expense $6,290
Telephone expense $830
Miscellaneous expenses $640
Total expenses $10,710
($2,950+$6,290+$830+$640)
Net income $2,610
($13,320-$10,710)
Inconclusion the December statement of cash flows for Ernst Consulting is $2,610.
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If there are five goods in a barter​ economy, one needs to know ten prices in order to exchange one good for another.​ If, however, there are ten goods in a barter​ economy, then one needs to know​ ________ prices in order to exchange one good for another.
What is the FIRE movement?
Answer:
The FIRE movement is a lifestyle movement with the goal of gaining financial independence and retiring early.
Is a business plan a one time fee?
Answer:
i think so :)
Explanation:
Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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beau, a fashion design company, organizes an online contest. participants are asked to design women's apparel to be posted on a social media website where its members can vote and provide feedback. based on those votes, beau will announce the winner and offer that individual a job at its firm. in this scenario, beau is involved in . group of answer choices brandjacking recruitment blogging crowdsourcing
In this scenario, Beau is involved in crowdsourcing. Thus, option D is correct.
Crowdsourcing is the process of gathering work, knowledge, or views from a sizable number of individuals who contribute their information online, on social media, or through mobile apps.
Some participants in crowdsourcing carry out modest chores freely, while others occasionally work as paid freelancers. For instance, traffic applications like Waze encourage users to self-report accidents and other occurrences on the road so that users may get real-time, updated information.
Crowdsourcing enables businesses to access a wide range of talents and knowledge without paying the typical overhead expenditures of in-house staff by allowing corporations to farm out work to people anywhere in the nation or the world.
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Do you think that the new degree is worth the investment? explain your reasoning.
It appears to be a reasonable investment considering that he will work a further 4 years and earn $21,000 more annually for a total of $84,000.
What was the solution's underlying philosophy?Growth investing is a style of investment strategy focused on capital gains. Following this method, growth investors buy stock in companies that exhibit above-average growth even when the share price appears to be high based on metrics like price-to-earnings or price-to-book ratios.
Jesse will spend $111,000 on expenses linked to his degree: The expense of college plus three years of losing half of his income is three (27,00) + 30,000. He will earn $21,000 more after earning his degree, thus it will take him little over 5 years to make back his investment. Given that it suggests he will work for an additional 4 years and earn $21,000 more each year, or $84,000 in total, it seems like a wise Investment.
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The right question is
Jesse works for an engineering firm earning $54,000 per year. Jesse is 53 years old and plans on retiring at age 65. He?s considering working part-time so that he can work on another degree. His new degree would take him 3 years to earn and cost a total of $30,000. After getting the degree, Jesse will make $75,000 per year.
Do you think that the new degree is worth the investment? Explain your reasoning.
what is the importance of inference, psychological safety, and team effectiveness in the design thinking process?
Design thinking encourages collaboration, flexibility, curiosity, and positivity, creating happy teams and positively influencing the outcome. Through this process, team members feel valued and clients know that their feedback is taken into consideration.
Design is an art shape, a method of human expression that follows a gadget of tremendously evolved processes so that you can imbue objects, performances, and experiences with significance. like any artwork bureaucracy, the layout has the capacity to clear up issues, but there may be no guarantee that it's going to.
An critical part of the definition of the word layout is the reason: to intend for a particular motive, to assign in notion or purpose; a reason or plan of action. design without motive is design without that means or purpose. We accept as true with without a cause there's no design. An instance of design is a plaid sample on a pair of pants.
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As a salaried employee, Richard Hernandez earns $776 each week. In one week, he worked 50 hours. What is his gross pay for that week?
Answer:
He would get paid $38,800 he will get $38,800 because I multiplied $776 and the 50 hours and that's how I got $38,800.
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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At the end of the year, Mercy Cosmetics’ balance of Allowance for Uncollectible Accounts is $400 (credit) before adjustment. The balance of Accounts Receivable is $15,000. The company estimates that 10% of accounts will not be collected over the next year. What adjustment would Mercy Cosmetics record for Allowance for Uncollectible Accounts?
Credit Bad Debt Expense $1,100 adjustment will bring the balance of Allowance for Uncollectible Accounts to a more accurate reflection of the potential uncollectible accounts.
Mercy Cosmetics would need to make an adjusting entry to increase their Allowance for Uncollectible Accounts balance to reflect the estimated 10% of accounts that will not be collected over the next year.
The estimated amount of uncollectible accounts can be calculated as $15,000 x 10% = $1,500.
Since the balance of Allowance for Uncollectible Accounts is currently at $400 (credit), the adjusting entry would be to debit the account by $1,100 ($1,500 - $400) to increase the balance to $1,100 (debit).
The journal entry to record this adjusting entry would be as follows:
Debit Allowance for Uncollectible Accounts $1,100
Credit Bad Debt Expense $1,100
This adjustment will bring the balance of Allowance for Uncollectible Accounts to a more accurate reflection of the potential uncollectible accounts, ensuring that the company's financial statements are more reliable.
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Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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Ahmad has some saving where do you suggest him to keep and why
Answer:
It depends on how much money Ahmad has saved.
Explanation:
If he has a small amount of money, the best he can do is to put his savings on a safe investment, like treasury bonds, an ETF, or a safe and low risk bond of a trustworthy company.
If Ahmad has a larger amount of money, he can put his savings in riskier assets like stock, which could give him a higher return. He could also create a more diverse investment portfolio, with some of his savings going to safer, lower yield investment instruments, and the rest going to riskier, higher yield investment instruments.
The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration
Answer:
B. Management.
Explanation:
Management can be defined as the process of controlling and making decisions about a business.
The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.
Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.
Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.
Let's say Owen would like to take another loan to pay for new furniture, and the loan payment would be $325 per month. If he took this new loan, would he have excessive debt? Remember, he makes $2,500 per month and he already spends $250 on credit card payments and $400 on an auto loan.
Explanation:
325 I think buy I am not sure.
Assume that the reserve requirement is 20 percent. If a bank initially has no excess reserves and $10,000 cash is deposited in the bank, the maximum amount by which this bank may increase its loans is
Answer:
8,000
Explanation:
the maximum amount by which this bank may increase its loans is $8000.
What is a bank?Bank, a foundation that arrangements in cash and its substitutes and gives other cash-related administrations. In its job as a monetary delegate, a bank acknowledges stores and makes credits.
A bank is a monetary foundation authorized to get stores and make credits. There are a few kinds of banks including retail, business, and speculation banks. In many nations, banks are directed by the public government or national bank.
The reserve requirement is 20 percent.
deposited in the bank cash is $10000
The left out amount will be
= 100 - 20
=80%
Therefore the maximum amount that the bank would have at this point in time will be
= 10,000 * 80%
= $8000
The amount that can be loaned is $8000.
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Which investment security has the least risk associated?
A) Mutual Funds
B) Stocks
C) Bonds
Answer:
I think it's Mutual Funds?
f(5) =
f(3) =
f(-5) =
f(-3) =
Answer:
53636363633636336366363
With regard to business definition, railroads may have lost business because they:
With regard to business definition, railroads may have lost business because they defined their business too narrowly.
Railways are a safe land transport system whilst in comparison to different kinds of shipping. Railway transport is capable of excessive stages of passenger and load usage and strength performance however are frequently less flexible and more capital-intensive than avenue delivery when decreased site visitor levels are taken into consideration.
The Railroad become the first advanced in top-notch Britain. a person named George Stephenson efficaciously implemented the steam technology of the day and created the world's first hit locomotive.
The primary engines used in the United States of America had been bought from Stephenson Works in England.
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which is not an example of a risk management strategy?
Buying a new car is not an example of a risk management strategy. Buying a car does not involve any kind of research, hence it is not necessary to form any strategy for buying a car.
What is risk management strategy?A risk management strategy is used to identify risks in the business and to create a basic structure for business planning.
It also keeps the person up to date as they review and analyze the marketing in order to make future decisions.
Thus, Buying a new car is not an example of a risk management strategy.
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in the past, kohl’s has been losing sales to amazon. why then would it enter into a partnership with one of its most fierce competitors?
Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.
Partnership is basically the coming together of two of more companies or individual with a common goal.
Let bear in mind that Partnership is different from Acquisition or Merger because each owner is entitled to their share of profit.
Through this partnership, Kohl's and Amazon will both benefit from the arrangement.
Currently, Kohl's has a large number of physical stores which Amazon has no access to. So therefore, Kohl's will benefits from Amazon's strong online customer base.
Therefore, Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.
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