$80,000 (Limited to his $80k loss since it's not greater than his $150k basis).
the first essay, "Signature occasion Context," is about J. L. Austin's concept of the illocutionary act outlined in his how to Do things With phrases.[1] the second essay, "restrained Inc a b c...", is Derrida's reaction to John Searle's "respond to Derrida: Reiterating the differences," which criticizes Derrida's interpretation of Austin. The book concludes with a letter via Derrida, written in response to questions posed by using Gerald Graff in 1988: "Afterword: towards an Ethic of discussion".
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compute the future value of the following deposits made today: a. $10,000 at 6.75% compounding annually for 10 years b. $10,000 at 6.75% compounding quarterly for 10 years c. $10,000 at 6.75% compounding monthly for 10 years
Compute the future value of the subsequent deposits made these days choice C. $10,000 at 6.75% compounding month-to-month for 10 years
Option C. $10,000 at 6. 75% compounding monthly for 10 years.
In economics, financial value is a measure of the advantage furnished by means of a good or carrier to a monetary agent. it is normally measured thru units of currency, and the interpretation is consequently "what is the maximum sum of money a specific actor is willing and able to pay for the best or provider
Compound interest is the addition of interest to the important sum of a loan or deposit, or in different words, hobby on the most important plus hobby.
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you have a $50,000 portfolio consisting of intel, ge and con edison. you put $20,000 in intel, $12,000 in ge and the rest in con edison. intel, ge and con edison have betas of 1.3, 1.0 and 0.8 respectively. what is your portfolio beta?
Total Value of portfolio = $50,000; beta of intel, b1 = 1.3; beta of GE, b2 = 1; beta of Con Edison, b3 = 0.8
Intel = $20000 ; GE = $12,000; Con Edison = 18,000
weight of Intel stock, w1 = 20000/50000 = 0.4
weight of GE stock = 12000/ 50000 = 0.24
weight of Con Edison stock = 18000/50000 = 0.36
Formula to calculate the portfolio beta is = w1 * b1 + w2*b2 + w3*b3
= 0.4 * 1.3 + 0.24* 1 + 0.36* 0.8 = 0.52 + 0.24 + 0.288 = 1.048
Portfolio beta = 1.05 (rounding off to nearest two decimal places)
Any mix of financial assets, including stocks, bonds, and cash, is referred to as a "portfolio." Individual individuals may hold portfolios, or financial experts, hedge funds, banks, and other financial organizations may manage them. A portfolio should be created taking the investor's risk appetite, time horizon, and investment goals into consideration. This is a widely accepted principle. The risk/reward ratio of the portfolio may be impacted by the monetary value of each item.
The goal of asset allocation is to maximize expected return while minimizing risk. This is an illustration of a multi-objective optimization problem; there are numerous effective solutions and the best one must be chosen by weighing the trade-off between risk and reward.
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on july 1, shady creek resort borrowed $380,000 cash by signing a 10-year, 9% installment note requiring equal payments each june 30 of $59,212. what is the journal entry to record the first annual payment?
The journal entry is -
Debit Interest expenses $34,200
Debit notes payable $25,012
Credit Cash $59,212
What is a journal entry?In order to document a business transaction in the accounting data of the company, a journal entry is employed. A journal entry is often made in the general ledger, but it can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized.
The date, the amounts to be credited and debited, a short outline of the transaction, and the accounts involved are all included in each journal entry along with other information pertinent to a single business transaction.
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chapter 11 shows that increased government purchases, with taxes held constant, can eliminate a recessionary gap. how could a tax cut achieve the same result?
Taxes can be maintained while closing a recessionary gap. Tax cuts would boost disposable income.
A tax cut is a reduction in the amount of money taken from taxpayers to fund government revenue. Tax cuts reduce government revenue while increasing taxpayers' disposable income. Tax cuts are commonly used to describe reductions in the percentage of tax paid on income, goods, and services.
Tax reductions, according to supporters, boost disposable income for an individual or family, encourage spending, and aid in economic expansion. Tax cuts, according to critics, only help the wealthy while cutting back on essential government services for the underprivileged.
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calculate the minimum number of jars of silver polish that would have to be sold to justify further processing of grit 337.
The least amount of silver polish which could be sold to cover the cost of processing grit 337 is 8,000 jars.
What does the phrase sold mean?When something is sold, money is given in return for it. So when house all across street is purchased by neighbours, a "Sold" sign will emerge in its front yard.
Briefing:
Each container of silver polish brought in $4.00 in sales.
($2.00 x 4) in missed sales for one-fourth of a kilo of Grit 337 (0.50).
$3.50 is the net sales income per jar containing silver polish.
Less: Cost of variable processing is $2.50.
Cost of selling variables is 0.30 (2.80)
$0.70 in contribution margin.
Break-even level 8,000 jars are equal to $5,600 divided by $0.70 each jar.
8,000 jars mark the point of indifference. If sales of the silver polish exceed 8,000 jars, Zytel should continue turning powdered Grit 337 into silver polish. Zytel should stop producing the silver polish if sales of less below 8,000 jars are possible.
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the bond amortization schedule of kroken company shows that cash paid for interest exceeds interest expense. from this information we can infer that the bonds were issued at:
'The bond amortization schedule of broken company shows that cash paid for interest exceeds interest expense. from this information, we can infer that the bonds were issued at a premium.
A retired bond is a bond in which the principal (par value) of the debt is repaid periodically along with interest over the life of the bond. Fixed-rate mortgages are a common example. This is because the monthly interest rate is constant for the period, say 30 years.
Amortization is an accounting policy used to reduce the carrying amount of a loan or intangible asset periodically over a specified period. For loans, amortization focuses on the distribution of loan payments over time.
Similar to the depreciation of property, plant and equipment, there are three main depreciation methods: straight-line method, accelerated method, and unit-of-production method.
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a registered person fails to participate in the regulatory element continuing education (ce) program. the person's status is:
The person's status will be inactive until she completes the program, which means that option A should be the right answer.
The content of the Regulatory Element CE requirements is written by the Securities Industry/ Regulatory Council on Continuing Education. The registered person has 120 days from the anniversary date to complete the Regulatory Element training. If the person is not able to complete the training within the prescribed time period, then the registration will be deemed inactive until the person completes the training. A person with an inactive registration is prohibited from performing any activity, or receiving any compensation, that requires securities registration. Employee training is an essential aspect of working while being participative on education based field.
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To refer to complete question, see below:
A registered person fails to participate in the Regulatory Element Continuing Education (CE) program. The person's status is:
A) Inactive until she completes the program
B) Inactive for a minimum of two years
C) Inactive until she passes the required registration examination
D) Suspended until she completes the program
pickwick production offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the basis of their age, earnings, and years of service. but the company didn't keep up with technology, and its earnings fell. when the stock market dipped, the company could no longer afford to keep paying for its retirement benefits. what protection will the retirees have in this situation? group of answer choices the pension benefit guarantee corporation will provide them with a basic benefit. the employees will receive a share of profits as part of the company's esop. because the plan was underfunded, the retirees will no longer receive benefits. the employees will receive payouts from their 401(k) plans. pickwick production must give the employees the option to sell their stock in the company.
Since the company could no longer afford to keep paying for its retirement benefits. The protection that the retirees have in this situation is option A: The Pension Benefit Guarantee Corporation will provide them with a basic benefit.
What does the Pension Benefit Guaranty Corporation aim to accomplish?For nay form of covered plans that are said to be experiencing financial difficulty or are contracting, the PBGC controls plan terminations and imposes specific reporting requirements.
Note that over 33 million active and retired workers' retirement benefits are safeguarded by the Pension Benefit Guaranty Corporation (PBGC).
Therefore, one can say that the basic pension benefits under the PBGC basic plan are guaranteed, including pension benefits at normal retirement age, the majority of early retirement benefits, as well as disability benefits, and annuity benefits for surviving members of pension plan participants and as such, option A is correct.
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There are 300 purely competitive farms in the local dairy market. Of the 300 dairy farms, 298 have a cost structure that generates profits of $30 for every $600 invested.
a. What is the percentage rate of return for these 298 dairies?
b. The other two dairies have a cost structure that generates profits of $56 for every $400 invested. What is their percentage rate of return?
c. Assuming that the normal rate of profit in the economy is 10 percent, and firms cannot copy each other's technology, will there be entry or exit?
d. Will the change in the number of firms affect the two that earn $56 for every $400 invested?
e. What will be the rate of return earned by most firms in the industry in long-run equilibrium?
f. If firms can copy each other's technology, what will be the rate of return eventually earned by all firms?
A.5 Percent B.14 percent C .Exit D. Definitely, as those two have a bigger market share. E.10 percent F. 10 percent
A .$30/$600=.05 or an 5% rate of return. b. $56/$400=0.14 or an 14 % rate of return.. Market share is the portion of a business that accounts for all of the sales or revenue in a certain market. For instance, a business selling 5,000 of an industry's 50,000 units each year would have a 10% market share. The ability of marketers to translate and factor in sales targets into market share will indicate if expectations will be met by growing with the market or by stealing share from competitors. The latter is almost always more difficult to complete. Market share frequently affects strategic or tactical decision-making, and it is regularly assessed for any signs of changes in the competitive landscape." Market share is yet another crucial metric.
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which of the following is true of the impact of financial leverage?multiple choice question.it protects gains but magnifies losses.it protects gains and minimizes losses.it magnifies gains but protects against losses.it magnifies gains and losses.
The impact of debt on equity return is referred to as the leverage effect: The owner's return on equity may rise as a result of the additional debt. This holds true so long as the project's total return exceeds the cost of additional debt.
Which elements influence financial leverage?Profitability, company size, growth opportunities, the tangibility of assets, and industry median leverage are these factors. The ratio of earnings before interest and taxes to total assets is a measure of profitability.
Is financial leverage associated with gains?The utilization of monetary influence additionally has esteem when the resources that are bought with the obligation capital acquire more than the expense of the obligation that was utilized to fund them. The use of financial leverage boosts the company's profits in both of these scenarios.
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suppose the percentage change in newspapers demanded for any price change is infinite. the absolute value of the elasticity of demand for newspapers is , and demand is . 0; perfectly elastic infinity; perfectly inelastic 0; perfectly inelastic infinity; perfectly elastic
Suppose the percentage change in newspapers demanded any price change is infinite. the absolute value of the elasticity of demand for newspapers is, and demand is perfectly elastic; infinity.
Elasticity is the ability of an item or material to renew its normal shape after being stretched or compressed. example: A rubber regains its form after a long stretch because of its elastic assets.
Elasticity is a vital monetary degree, specifically for the sellers of goods or offerings, as it suggests how tons of excellent or service buyers devour whilst the rate changes. whilst a product is elastic, an exchange in fee quickly consequences in a change in the quantity demanded.
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pick the main result of president roosevelt's depression-era effort to encourage every young person to attend high school.it allowed teens to move off farms and accept factory jobs.it helped the united states win world war ii.it reduced intelligence quotient (iq) differences between farm children and city children.it created a generation gap between teens and their parents.
The main result of President Roosevelt's depression-era effort to encourage every young person to attend high school is It created a generation gap between teens and their parents.
Melancholy is a not-unusual intellectual ailment. Globally, it is expected that 5% of adults be afflicted by the disorder. it is characterized by using continual disappointment and a loss of interest or delight in previously rewarding or exciting sports. it is able to also disturb sleep and appetite. Tiredness and negative attention are not unusual.
Depression would not simply affect the mind; it additionally affects the body. some of the physical outcomes include erratic sleep behavior, lack of appetite (or extended appetite with bizarre depression), regular fatigue, muscle aches, complications, and again pain.
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Complete the first row of the table with the quantity of burritos that can be bought with $700. Hint: In this problem, assume it is not possible to buy a fraction of a burrito, and always round down to the nearest whole burrito. For example, if your calculations result in 1.5 burritos, the answer should be 1 burrito. Price of a Burrito Burritos Bought with $700 Year (Dollars) (Quantity) 2018 4.00 ________
2019 ____ ________
Suppose the government of Snackistan cannot raise sufficient tax revenue to pay its debts. In order to meet its debt obligations, the government prints money. As a result, the money supply rises by 20% by 2019. Assuming monetary neutrality holds, complete the second row of the table with the new price of a burrito and the new quantity of burritos that can be bought with $700 in 2019. The impact of the government's decision to raise revenue by printing money on the value of money is known as the
175 burritos are the number of burritos that may be purchased with $700.
When a government prints money to raise money, it has imposed an inflation tax.When the government prints money and prices rise, the value of the money that people now own diminishes. An inflation tax is a charge placed on people who own money.
What takes place when currency is printed?Yes, "printing" additional money causes inflationary pressure. When there is more money circulating through the economy, economic growth is more likely to happen at the risk of price instability.
What can occur if the government prints an excessive amount of money?If the government prints too much money, those who make a living by selling things raise the prices they charge for their products, services, and labor. As a result, the newly created currency loses value and purchasing power. In fact, if the government issues too much money, it starts to lose value.
A hypothetical country produces only Burritos.
In 2018, a burritos price = $4
So, in 2018 the number of burritos can be bought by $700 = [tex]\frac{700}{4}[/tex]
=175 burritos
As a result, 175 burritos can be purchased in the year 2018 for $700.
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Which of the following occurs when parties agree that they simply wish to discharge each other from their mutual obligations and, therefore, rescind or cancel the contract?
Multiple Choice
Accord and satisfaction
Novation
Substituted contract
Mutual rescission
Accord and abeyance
Mutual rescission occurs when parties agree that they simply wish to discharge each other from their mutual obligations and, therefore, rescind or cancel the contract.
The contracting parties may agree to mutual cancellation. Example: Two contractors have agreed to a contract to cooperate on a construction project, but have lost many employees at the same time.
A mutual termination and termination agreement voids the contract and relieves both parties of their obligations, allowing them to continue business as usual without the breach of contract affecting them. The revocation may occur if one of the parties to the contract is not legally entitled to enter into the contract.
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jewel's buyer client recently bought a house, and jewel can now be compensated for her work as a kansas buyer's agent. from whom will jewel receive her commission check?
Recently, jewel's buyer client purchased a home, allowing jewel to receive payment for her services as a Kansas buyer's agent. Her employing broker will jewel receive her commission check.
A broker is a person who helps traders, sellers, or purchasers complete transactions. Consider a broker as a middleman who makes sure that everything goes smoothly and that everyone has the information they need. Brokers work in a variety of sectors, including commerce, banking, real estate, and insurance. The main duty of a broker is to connect buyers and sellers; as a result, the broker acts as a neutral intermediary between a buyer and a seller. A real estate or stock broker who helps in the sale of a property would be an example. Broker-resellers serve as a bridge between a client and a more well-known broker, as opposed to typical brokers who deal directly with their clients. In general, regular brokers are regarded more highly than broker-resellers. Brokers get paid in two ways: a portion of the agent commissions that they sponsor's agents earn. 100% of the commission from their own transactions.
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Decisions related to are considered structured decisions at the operational management level of an organization. a. payroll b. setting queue priorities c. sales forecast d. accounts receivable
Decisions related to payroll are considered structured decisions at the operational management level of an organization.
A choice that is constantly made which is based purely on the inputs is said to be structured. When it comes to organized decisions, you also realize whatever outcome needs to be determined after you've gathered the pertinent data. Asset reorder levels are an illustration of a structured decision.
Choices that are structured follow a set pattern and are predictable. Solving these problems doesn't need the decision maker to use their judgment or intuition. As a result, this method of decision-making is straightforward and consistently produces the same outcome.
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a report that shows the future capacity requirements based on released and planned orders for each time period of the plan is called:
A report that shows the future capacity requirements based on released and planned orders for each time period of the plan is called capacity planning.
Capacity requirements to decide your current capability, you'll want to collect information which includes time studies and stay statistics series on system talents. You have to have a look at the range of hours and shifts available, as well as absenteeism estimates and deliver chain variables, like vendor performance, lead time, and inventory.
Key Takeaways. capacity is the maximum output level an organization can preserve to provide its products or services. depending on the business kind, potential can confer with a production process, human sources allocation, technical thresholds, or several different related standards.
The capacity way the capability to use and apprehend statistics to make a decision, and communicate any decision made. someone lacks capacity if their thoughts are impaired or disturbed in some manner, which means that they may be not able to make a decision at that point.
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which warranty arises when the buyer relied on the seller's advice and recommendation regarding a specific use of the product?
Implied warranty arises when the buyer relied on the seller's advice and recommendation regarding a specific use of the product.
Implied warranty of fitness for a particular purpose. This kind of guarantee is established if the seller has cause to believe that the buyer will use the purchased products for a certain purpose and will rely on the seller's competence or judgement in choosing the appropriate goods. An express warranty is a representation made by the seller that is legally binding and relates to the products or services being purchased. This indicates that the customer reasonably believed that the products or services would be as described by the seller when they made their purchase.
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atch the bond features with the party/parties for whom they are most beneficial.
callable
convertible
Primarily beneficial for lender (bond issuer)
Beneficial for both, the borrower (bond issuer) and lender (bond investor)
Callable bond: Primarily beneficial for the lender (bond issuer)
Convertible bond: Beneficial for both, the borrower (bond issuer) and lender (bond investor)
A callable bond (redeemable bond) is a type of bond that provides the issuer of the bond with the right, but not the obligation, to redeem the bond before its maturity date. The callable bond is a bond with an embedded call option. Callable bonds may be beneficial to bond issuers if interest rates are expected to fall.
A convertible bond is a type of debt security that provides an investor with a right or an obligation to exchange the bond for a predetermined number of shares in the issuing company at certain times of a bond's lifetime.
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4. the five phases of a hazardous material's life does not include production, transportation, storage, elimination, and disposal. a. true b. false
It is false that the five phases of a hazardous material's life does not include production, transportation, storage, elimination, and disposal.
What are Hazardous Materials?For an investor's or client's operations, it can be required to use potentially hazardous products. Hazardous materials are substances that, because of their physical or chemical characteristics, endanger human health, property, or the environment.
Finally, hazardous materials are substances or chemicals that have the potential to harm the environment, human health, or both. As a result, these items include dangerous chemicals, household products, sharp objects in the trash, and other things.
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for a plaintiff to recover damages under section 10(b) of the securities exchange act of 1934 and sec rule 10b-5, proof of intent is necessary. true false
For a plaintiff to recover damages under section 10(b) of the securities exchange act of 1934 and sec rule 10b-5, proof of intent is necessary. This statement is true.
What is liability in terms of exchanges?A liability is a debt that a person or business has, typically in the form of money. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
Loans, accounts payable, mortgages, accumulated revenue, borrowings, guarantees, and accrued expenses are all listed as liabilities on the balance sheet's right side. Assets and liabilities are comparable. Debt is defined as what you owe or have to pay back. Things that you own or owe you money are assets.
A liability is typically defined as a contract between two parties that has not been fulfilled or paid. Financial liabilities are responsibilities in the realm of accounting, although they are typically determined by previous business transactions, events, sales, exchanges of assets, or services.
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____ computing means the organization owns their it infrastructure and maintains it in their data centers.
Cloud computing means the organization owns their it infrastructure and maintains it in their data centers.
What is Cloud computing?
Cloud computing is the on-demand use of computer resources housed in a distant data center and controlled by a cloud services provider, such as programs, servers (both physical and virtual), data storage, development tools, networking capabilities, and more (or CSP). These materials are made available by the CSP in exchange for a monthly subscription fee or usage-based charges.
Cloud service companies can utilize the full potential of their data center resources thanks to virtualization. You almost probably use some type of cloud computing every day if you use a computer or mobile device at home or at work, whether it's a cloud application like Salesforce, streaming video like Netflix, or cloud file storage like Dropbox.
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when an economy is operating above full employment, we expect prices to adjust upwards. group of answer choices true false
Prices should increase if an economy is performing over full employment. It is True.
What exactly is an economy?The economy is a set of interconnected production and consumption activities that ultimately determine how resources are allocated within a community. The manufacturing activities plus consumption of the products in general satisfy the locals who reside nearby and do commerce there.
What do you call the current economic climate?This same American economy is diverse and has components of both capitalism and socialism. Any such market economy supports that free market when it comes to the use of capital, but it also allows for government engagement for the greater good.
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laser corporation had $275,000 in invested assets, sales of $330,000, operating income amounting to $33,000, and a desired minimum return on investment of 7.5%. the return on investment (rounded to one decimal place) for blaser corporation is
A desired minimum return on investment of 7.5%. The return on investment for blaser corporation is 12%
Rate of return = Operating income
Invested assets × 100
Rate of return=$33,000
$275,000×100
Rate of return = 12%
ROI = Net income/Investment value
The percentage change in an investment's value is represented by the yearly rate of return. For instance, if you estimate a 10% annual rate of return, you're anticipating that your investment's value would rise by 10% annually. A simple rate of return is computed by deducting the investment's initial value from its current value and dividing the result by the original investment.
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a business owner wants to sell a line of coffee mugs to celebrate the company's 25 years in business. the owner wants to see each part of the conversion that brought a person to buy a mug, so the owner wants to use the attribution modeling tool. which attribution model should be used to accomplish the goal?
The attribution model that should be used to accomplish the goal will be the linear attribution model.
Linear attribution is a multi-touch attribution model which splits conversion credit equally across each touchpoint or interaction along a customers journey. Simply, this attribution model gives a participation award to every marketing channel a business used.
Unlike attribution models in single touch attribution, Linear attribution is apart of the multi-touch attribution model and gives users a balanced look at the whole marketing strategy rather than one single-event.
artifacts produced by the mimbres culture in the american southwest are sought by collectors and the sites of that culture have been heavily looted to meet the demand. the type of mimbres artifact that is most valued by collectors is
On the antique market, Mimbres ceramics are among the most sought-after items. The kind of Mimbres item that collectors value the most is. decorated bowls.
What are Mimbres artifacts?The term "Mimbres" alludes to the Mimbres Valley in modern-day southwestern New Mexico, where Native Americans resided and produced these clay items between the years 1000 and 1100 AD. The striking effect of the detailed black patterning was achieved using a slurry mixture of clay and water, together with an iron-based mineral pigment.
One of the most well-known ceramic styles in the Southwest is Mimbres pottery. Although Mimbres Ware is frequently referred to as whiteware, it is actually brown ware that has been painted with motifs that range from red to black and slipped with white.
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FILL IN THE BLANK. The big advantage of advertising an upcoming concert via alternative publications, such as local arts weeklies, versus mainstream daily newspaper is ______.
The big advantage of advertising an upcoming concert via alternative publications, such as local arts weeklies, versus mainstream daily newspaper is it is less expensive and more demographically focused.
What is a newspaper?A newspaper is a periodical publication that features text about current events and is frequently typed in black ink on a white or gray backdrop. Newspapers can cover a wide range of topics, including politics, business, sports, and the arts. They also frequently feature articles, weather forecasts, evaluations of regional services, obituaries, birth announcements, crossword puzzles, editorial cartoons, comic strips, and advice columns. The majority of newspapers are businesses, and they use a combination of subscription, newsstand, and advertising revenue to cover their costs. Newspaper is a common metonym for the journalism companies that produce newspapers.
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In general, it is possible to eliminate ________ risk by holding a large portfolio of assets.
Idiosyncratic hazard can usually be mitigated in an investment portfolio thru the use of diversification
What are idiosyncratic risks?Idiosyncratic risk refers to the inherent elements that can negatively have an impact on person securities or a very unique group of assets. It is also recognised as specific, or unsystematic risk. Certain securities will naturally have extra idiosyncratic chance than others
What is an instance of idiosyncratic risk?Idiosyncratic threat refers to inherent risks one of a kind to a company. Systematic threat refers to broader traits that should have an impact on the average market or sector. An example of idiosyncratic chance would be suddenly bad sales of a precise new version of the iPhone. That threat would be unique to Apple (AAPL).
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https://brainly.com/question/14125662#SPJ4which of the following statements is false? group of answer choices because forecasting exchange rates is subject to considerable error, managers of multinational corporations should complement their forecast with one from another source. the ability to forecast currency values may vary with the currency of concern. managers of different functional areas at a multinational corporation should use its proprietary model to forecast exchange rate movements so that the extreme forecasts cancel each other out and the average forecast represents the most likely outcome. managers should be skeptical of foreign projects that are feasible only if one particular model is used to forecast exchange rate
Projections should typically be developed by a centralized department rather than a department that is only responsible for the sales of a certain product in order to apply forecasting exchange rates uniformly. This statement is false.
Forecasts of exchange rates' projected values for the following four quarters are made every three months. They are carried out by economists and currency experts who work for investment banks and portfolio management companies.
To assess the foreign-denominated cash flows involved in international transactions, exchange rate projections are required. Forecasting currency rates is crucial for assessing the advantages and dangers of the global economic environment.
Forecasts based on these "wrong" parameters may be more off-base than those produced by a random walk if the coefficient values are distorted from their real values.
Complete question:
Which of the following statements is FALSE?
A - The ability to forecast currency values may vary with the currency of concern.
B - Because forecasting exchange rates are subject to considerable error, managers of multinational corporations should complement their forecasts with one from another source.
C - To apply FX forecasts consistently, forecasts should normally be established by a centralized department and not form a department focused on the sales of a particular product.
D - Managers of different functional areas at a multinational corporation should use its proprietary model to forecast exchange rate movements so that the extreme forecasts cancel each other out and the average forecast represents the most likely outcome.
E - Managers should be skeptical of foreign projects that are feasible only if one particular model is used to forecast the exchange rate.
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a) how many pairs of sunglasses (in thousands) should be sold to maximize profits? (if necessary, round your answer to three decimal places.)
100(in thousands) pairs of sunglasses should be sold to maximize profits.
Profit maximization in economics refers to the short- or long-term process through which a firm chooses the prices, input levels, and output levels that will produce the largest feasible total profit.
The profit function is given as [tex]P_{q} = -0.02q^{2} + 4q -20[/tex]
where q is the quantity of sunglass production and sales in thousands of pairs. P(q) represents the total profit in dollars.
By differentiating the above equation and equating it to zero, the point of maximum can be found.
P'(q) = - (2)0.02q + 4 - 0 = 0
⇒ - 0.04q + 4 = 0
⇒ - 0.04q = - 4
⇒ q = 100
Hence, to optimum income, 100 pairs of sunglasses (in thousands) should be sold.
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