The project is a creative exercise in game theory that requires choosing any application or strategic situation of your interest, setting up a new game (not part of the course materials or copied from some source), solve this game using an appropriate solution concept, and explain what we learn from this analysis.
Explanation:The purpose of this project is to enhance your understanding of game theory and its relevance in real-life situations. The project requires you to choose a game, solve it using an appropriate solution concept, and explain what you learn from the analysis. The game should be new and not copied from any source or part of the course material.
You have the freedom to choose any strategic situation or application of your interest. You can solve an entirely new game or a new variation of a known game. However, the game should not be too trivial to solve, and it should not be very large or complex.The project can be typed or handwritten, or it can be a combination of the two. The explanations However, the source material should be referenced. You may check with the instructor if you are uncertain whether the intended game is appropriate or not.
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Universal Foods issued 10% bonds, dated January 1, with a face amount of $150 million on January 1, 2021. The bonds mature on December 31, 2035 (15 years). The market rate of interest for similar issues was 12%. Interest is paid semiannually on June 30 and December 31. Universal uses the straight-line method. (FV of $1. PV of $1. FVA of $1. PVA of $1. EVAD of $1 and PVAD of $.1) (Use appropriate factor(s) from the tables provided.) Required:
1. Determine the price of the bonds at January 1 2021
2. to 4. Prepare the journal entries to record their issuance by Universal Foods on January 1 2021, interest on June 30, 2021 and interest on December 31, 2028
Complete this question by entering your answers in the tabs below. Reg Reg 2 to 4 Determine the price of the bonds at January 1, 2021. (Round final answers to the nearest whole dollars.) Table values are based on: Amount Present Value Cash Flow Interest Principal Price of bonds
Reg 1 Rey 2 to 4 >
Based on the information given the price of bonds is $129,352,725
Price of bonds1. Price of the bonds
n=(15 years×2)=30 years
i=(12%/2)=6%
Present value of an ordinary annuity of $1 n=30 I=6%
Present value of an ordinary annuity of $1 =13.76483
Present value of $1 n=30 I=6%
Present value of $1=0.17411
Interest $103,236,225
($150 million ×10%×6/12×13.76483)
Principal $26,116,500
($50 million×0.17411)
Price of bond $129,352,725
($103,236,225+ $26,116,500)
2. January 1, 2021
Dr Cash $129,352,725
Dr Discount in Investment in bonds $20,647,275
($150 million- $129,352,725)
Cr Bonds payable $150,000,000
(To record purchase of bonds)
3. June 30
Dr Interest expenses $8,188,243
[($150,000,000 + ($7,500,000 x 30) - 129,352,725]/30
($ 245,647,275 / 30 = $8,188,243)
Cr Discount on Bond Pay $688,243
Credit Cash $7,500,000
($150 million ×10%×6/12)
(To record interest paid)
4. Dec 31
Dr Interest expenses $8,188,243
[($150,000,000 + ($7,500,000 x 30) - 129,352,725]/30
($ 245,647,275 / 30 = $8,188,243)
Cr Discount on Bond Pay $688,243
Credit Cash $7,500,000
($150 million ×10%×6/12)
(To record interest paid)
Inconclusion the price of bonds is $129,352,725
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How do values play a role in planning a career?
A. Your values may influence your ability to gain new skills.
B. Your values may help you determine what your talents should be.
C. Your values may make it easier for you to do well in a job
interview.
D. Your values may help you decide what kind of work you want to
do.
Answer: D. Your values may help you decide what kind of work you want to do.
Your values may help you decide what kind of work you want to do values play a role in planning a career. The correct option is D. Your quality of life outside of work is influenced by your lifestyle and career values. While your work-life balance and capacity to experience fulfillment outside of your professional role may be influenced by extrinsic and intrinsic values, lifestyle values can define these aspects.
What does value mean in careers?
Workplace values are ideals or tenets that apply to your job or career. They outline the factors you consider important for your career. For instance, some people consider their career to be their top priority because it gives them a sense of professional accomplishment.
Pay and benefits, work-life balance, opportunities to use one's skills and abilities, job security, office safety procedures, and workplace diversity are some of the most crucial aspects that employees take into account when choosing a job.
Thus, the ideal selection is option D.
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3. Earning of profit is regarded as the main objective of business? Explain by giving any 3reasons
this is the real answer
Answer:
ummmmmmmmmmm thank you?
Answer:
Sorry, I could have told you the correct answer if I was there.
Explanation:
The difference between a chemical and physical change is that a chemical change cannot be undone and a physical change can be undone. I hope this help future questions. -3-
Which of these is an example of an inelastic good?
A. Medicine
B. Jordans
C. Cell Phone
D. Big Zax Snack
Answer:
A. Medicine
Explanation:
Inelastic good is a product whose demand does not fluctuate with price changes. It means the demand for the good remains constant even if prices increase or decrease. The term inelastic symbolizes the demand for the good is static.
Medicine has an inelastic demand. Patients need medication regardless of prevailing prices. An increase or decrease in prices of medicines does not influence the demand. The term inelastic contrast elastic demand, which is the demand that varies with changes in prices.
Do you believe that entrepreneurs born or can they be developed over time? Does someone born with innate entrepreneurship qualities have an advantage over someone who isn't?
Explanation:
- - - - I believe that both of those statements are correct because you can be born with a natural skill such as painting or singing but people with talents that could be made into their own business still go and work for other people . also yes a child can watch their parents or begin to be formed with certain talents or be taught a talent that would then give them the ability to become an entrepreneur.
what were the major environmental and human implications of the fur trade in north america
The fur trade result-ed in many long term effects that negatively impact-ed Native people through-out North America, such as starvation due to severe-ly depleted food resources, depend-ence on European and Anglo-American goods, and negative impacts from the intro-duction of alcohol-which was often ex-changed for furs.
The local impact of fur farms leads to the degra-dation of land, rural life, property values and eco-nomic activities. Plus, waste run-off seeps into soil and water-ways, causing severe damage to local eco-systems. Indians were the primary agents in the North American comm-ercial fur trade. It was they who hunt-ed the animals, and trans-ported and traded the pelts or skins to European inter-mediaries.
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an agent who has never had any verbal warnings cannot be issued a corrective action plan. a. true b. false
The given statement "an agent who has never had any verbal warnings cannot be issued a corrective action plan" is false because an agent has never had any verbal warnings, it does not mean that they are immune to receiving a corrective action plan.
A corrective action plan is usually given to an agent when there is a need to improve their performance or behavior. The purpose of a corrective action plan is to help the agent understand what they need to improve and how they can achieve it. It usually outlines specific goals and expectations that the agent needs to meet within a given timeframe. The plan may also include training or coaching sessions to help the agency develop the necessary skills.
In some cases, an agent may receive a corrective action plan even if they have not received any verbal warnings. For instance, if the agent's performance is consistently below expectations or if they have violated company policies or procedures, they may be issued a corrective action plan without any prior verbal warnings.
It is important to note that corrective action plans should be issued fairly and consistently across the board. Managers and supervisors should use their judgment and follow company policies and procedures when deciding whether or not to issue a corrective action plan to an agent.
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You are the manager in charge of global operations at BankGlobal – a large commercial bank that operates in a number of countries around the world. You must decide whether or not to launch a new advertising campaign in the U. S. Market. Your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on U. S. Operations. In addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the U. S. Advertising campaign were launched. Your goal is to maximize BankGlobal’s value. Should you launch the new campaign? Explain
As a manager at BankGlobal with the goal to maximize BankGlobal's value, I will take the risk of launching an ad campaign in the US market because the positive impact will be enormous, according to the accounting team's calculations.
The estimated losses from the US team are losses that will be covered in the coming year, because increasing the Bank's global value will have a significant impact on the company's future, the benefits of which will be felt in the coming years (long-term profits). The courage to take big steps will result in some losses, but we must consider the long-term benefits and the importance of the company's name in the world.
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memorandum of association can be amended by
Answer:
Explanation:
A company's Memorandum of Association may be changed by the shareholders passing a special resolution in a general meeting or by written resolution. A copy of the resolution must be sent to Companies House within 15 days.
Which is NOT a fee you need to worry about with a checking account?
Answer:
It depends on the bank provider. All bank providers have different fee policies.
Explanation:
There is no specifc answer to this.
when is subsidy necessary in comodity supply
Answer:
A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
Explanation:
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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A firm issues $100 million in commercial paper (face value) with 60 days until maturity and the following yields. How much does the firm borrow?
0.80%
1.11%
1.32%
1.58%
The firm borrows approximately $99,206,349.21 for a yield of 0.80%, $98,899,329.24 for a yield of 1.11%, $98,696,144.93 for a yield of 1.32% and $98,460,383.39 for a yield of 1.58%
To determine how much the firm borrows, we need to calculate the borrowing amount based on the face value of the commercial paper and the corresponding yield.
The borrowing amount can be calculated using the formula:
Borrowing Amount = Face Value / (1 + Yield/100)
Let's calculate the borrowing amount for each given yield:
For a yield of 0.80%:
Borrowing Amount = $100,000,000 / (1 + 0.80%/100) = $100,000,000 / 1.008 = $99,206,349.21
For a yield of 1.11%:
Borrowing Amount = $100,000,000 / (1 + 1.11%/100) = $100,000,000 / 1.0111 = $98,899,329.24
For a yield of 1.32%:
Borrowing Amount = $100,000,000 / (1 + 1.32%/100) = $100,000,000 / 1.0132 = $98,696,144.93
For a yield of 1.58%:
Borrowing Amount = $100,000,000 / (1 + 1.58%/100) = $100,000,000 / 1.0158 = $98,460,383.39
Therefore, the firm borrows approximately:
$99,206,349.21 for a yield of 0.80%
$98,899,329.24 for a yield of 1.11%
$98,696,144.93 for a yield of 1.32%
$98,460,383.39 for a yield of 1.58%
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the choice of the proper mixture of debt and equity, used to finance a corporation, is also referred to as the
The choice of the proper mixture of debt and equity used to finance a corporation is commonly referred to as capital structure.
Capital structure refers to the combination of different sources of funds, such as equity, debt, and hybrid securities, that a company uses to finance its operations and investments. The capital structure decision involves determining the right proportion of debt and equity that can maximize the value of the company and minimize the cost of capital. This decision is critical because it can impact the company's ability to meet financial obligations, its cost of capital, and its overall financial performance. The optimal capital structure will depend on several factors, including the company's size, growth prospects, risk profile, tax environment, and investor preferences.
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Throughout the entire semester, you were trained to relate expenses to the revenues generated in the same accounting period. Differently put, the Income Statement must show the revenues and relevant expenses that took place in the same period. Which principle is related to this practice
Answer:
matching principle
Explanation:
In this scenario, the principle related to this practice is known as the matching principle. In accrual accounting, this states that revenues should be recorded during the period in which they are earned, regardless of when the transfer of cash occurs. Meaning that if a company earns $5,000 in product sales in August but receives a $1000 commission for those products in September, the commission needs to be reported on the August statement alongside the sales.
Anticipated inflation a. allows us to eliminate the problems associated with unemployment b. causes more problems than unanticipated inflation
In conclusion, anticipated inflation does not allow us to eliminate the problems associated with unemployment, as stated in option a. However, it does provide individuals and businesses with the opportunity to adjust their economic decisions to mitigate the negative effects of inflation. Therefore, option b, which claims that anticipated inflation causes more problems than unanticipated inflation, is incorrect.
Anticipated inflation refers to an expected increase in the general price level of goods and services. It is important to note that anticipated inflation does not directly eliminate the problems associated with unemployment, which is option a. This is because inflation and unemployment are separate economic issues that can exist simultaneously.
On the other hand, option b states that anticipated inflation causes more problems than unanticipated inflation. This statement is incorrect. In fact, anticipated inflation can have certain advantages compared to unanticipated inflation.
One advantage of anticipated inflation is that it allows individuals and businesses to plan and adjust their economic decisions accordingly. When inflation is anticipated, people can anticipate the rise in prices and adjust their spending and investment strategies accordingly. For example, businesses can raise prices to cover increased costs, and individuals can adjust their savings and investment plans to counteract the erosion of purchasing power caused by inflation.
In conclusion, anticipated inflation does not allow us to eliminate the problems associated with unemployment, as stated in option a. However, it does provide individuals and businesses with the opportunity to adjust their economic decisions to mitigate the negative effects of inflation. Therefore, option b, which claims that anticipated inflation causes more problems than unanticipated inflation, is incorrect.
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Match the terms with their correct definitions.
yaaaaaaaaaaaaaaahhhhhh
1. Despite the expense, why might a business choose to mail a catalog?
Answer:
Catalogs can promote a business's brand by displaying them in high-traffic areas and distributing them in stores. Customers often have an idea of what they want to buy after looking through a catalog. But, they'll likely find other items they want to buy when they go online or to a brick-and-mortar store to order.
Many workplace safety rules are created by which government agency?
A.
USDA
B.
FTC
C.
FDA
D.
OSHA
Answer:
OSHA
Explanation:
FDA is food and drug
USDA is the US department of agriculture
FTC is federal trade commision
OSHA is a government organization that develops workplace safety regulations. Thus, the appropriate choice is (D).
What is the role of a Government Agency?A government agency, occasionally an appointed commission, is a permanent or semi-permanent institution within the legislative, executive, and judicial branches of government that is tasked with supervising and managing a variety of tasks, including administration.
Agency kinds come in a wide range. A government agency is often distinct from a department, ministry, and other sorts of public bodies established by the government, notwithstanding terminology differences. Since different sorts of organizations (such commissions) are typically established in an advising capacity,
The boundary between executive and advisory tasks of an agency is sometimes blurred in reality, yet it is not permitted.
Within a federal system, an agency of the government may be founded by either the federal government or a state government.
Hence the correct option is (D).
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a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
outline 2 advantages to H&H of using secondary market research
What is the equilibrium price in this market? $ 4.00 per bushel At what price is there neither a shortage nor a surplus? $ 4.00 per bushel Fill in the surplus-shortage column and use it to confirm your answers
Based on the quantity demanded and the quantity supplied, the equilibrium price is $4.00 per bushel.
What is the Equilibrium Price ?This is the price at which quantity demanded and quantity supplied are equal. Price where there is no shortage or surplus.From the table, this price is shown to be $4.00 because the quantity demanded and the quantity supplied are both 75 thousand.
In conclusion, the equilibrium price is $4.00.
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a clause apportioning the liability and responsibility of the parties in the event of an unforeseeable occurrence, such as a typhoon, tornado, or other disaster
ratification
expropriation
force majeure
In the event of an unforeseeable occurrence, such as a typhoon, tornado, or other disaster, a clause apportioning the liability and responsibility of the parties involved can be included in a contract.
This clause is known as a force majeure clause. The purpose of the clause is to allocate the risk of the unforeseeable occurrence between the parties. It can limit the liability of the parties involved, protecting them from lawsuits or claims that may arise from such an occurrence.
However, it is important to note that the force majeure clause does not relieve the parties from performing their obligations under the contract. Instead, it suspends the obligations until the occurrence is resolved.
In addition, expropriation refers to the government's power to take private property for public use, with just compensation. Ratification, on the other hand, is the act of approving or confirming a previously unauthorized action or agreement.
In conclusion, a force majeure clause can be a crucial element of a contract, protecting the parties from unforeseeable events. However, it is essential to carefully consider the wording and scope of the clause to ensure that it meets the needs of the parties involved. Expropriation and ratification are also important terms to be familiar with when dealing with contracts and agreements.
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In a process costing system costs are measured upon completion of each job.
True
False
False. In a process costing system, costs are not measured upon completion of each job. Instead, costs are accumulated and assigned to each production department.
In a process costing system, costs are allocated to each production department or process rather than to individual jobs. This is because process costing is typically used in situations where large quantities of identical or similar products are produced in a continuous flow.
Examples include industries such as chemical manufacturing, food processing, and oil refining. Under a process costing system, costs are accumulated and measured at various stages of production within each department or process.
This allows for the calculation of average costs per unit or equivalent units produced, which are then used to determine the cost of goods produced. The measurement of costs in a process costing system is done periodically, such as at the end of a specific accounting period, rather than upon completion of each individual job.
This approach provides a more accurate representation of the costs incurred in the production process and allows for better cost control and decision-making within each department or process.
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Each of the following, except one, is a condition that characterizes a perfectly competitive labor market. Which is the exception
Each of the following, except one, is a condition that characterizes a perfectly competitive labor market in option B. workers receive wages that are above their marginal revenue product (MRP).
In developing countries, labor markets play a central role in determining economic and social progress since employment status is one of the key determinants of exiting poverty. Ultimately, having a decent, well-paid, and secure job is the most sustainable path to increasing incomes and consumption levels.
That is, in the labor market, employers are willing to buy more hours of labor at lower wages than at higher wages. Although employers, who demand labor, prefer lower wages, workers, who supply that labor, prefer high wages.
Your question is incomplete. Please read below for the missing content.
Each of the following, except one, is a condition that characterizes a perfectly competitive labor market. Which is the exception?
a. Workers appear identical to firms.
b. Workers receive wages that are above their marginal revenue product (MRP).
c. There are no barriers to entering the labor market.
d. There are no barriers to exiting the labor market.
e. There are many buyers of labor in the market.
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What type of communication would take the MOST planning?
A an email to a teacher about a late assignment
B a research paper on civil engineering
C a text to friends about an upcoming party
D a response to a discussion question
Answer: I could be wrong .. so I'm sorry if it is but I think it's B, I will take the test and confirm
Explanation:
sorry if wrong :(
Calculating Liquidity Ratios The balance sheets for Red Oak Inc. and Birch Co. reflect the following: Red Oak Birch Current assets Cash $ 17,500 $ 35,000 Short-term investments 10,500 0 Accounts receivable 87,500 123,000 Inventory 59,500 17,500 Other 17,500 21,000 Noncurrent assets 997,500 1,109,500 Total assets $1,190,000 $1,306,000 Current liabilities $ 105,000 $ 105,000 Long-term liabilities 105,000 805,000 Stockholders' equity 980,000 396,000 Total liabilities and stockholders' equity $1,190,000 $1,306,000 Calculate the following ratios and comment on the results. Note: Round amounts to two decimal places. For example, enter 3.16 for 3.1556. Ratio Red Oak Birch a. Current ratio 0 0 b. Quick ratio 0 0 Compared to Birch Company, Red Oak has a: Stronger • Liquidity position
Birch has a stronger liquidity position than Red Oak. Birch has higher current and quick ratios, indicating that it has more current assets available to cover its current liabilities. Red Oak has a current ratio of 1.46 and a quick ratio of 1.29, which are lower than Birch's ratios.
To calculate the liquidity ratios, we need to use the following formulas:
a. Current ratio = Current Assets / Current Liabilities
b. Quick ratio = (Current Assets - Inventory - Prepaid Expenses) / Current Liabilities
Using the data given, we can calculate the ratios for Red Oak and Birch as follows:
For Red Oak:
a. Current ratio = ($17,500 + $10,500 + $87,500 + $59,500 + $17,500) / $105,000 = 1.46
b. Quick ratio = ($17,500 + $10,500 + $87,500 + $17,500) / $105,000 = 1.29
For Birch:
a. Current ratio = ($35,000 + $123,000 + $17,500) / $105,000 = 1.76
b. Quick ratio = ($35,000 + $123,000 + $17,500) / $105,000 = 1.76
In general, a higher current and quick ratio are better indicators of a company's ability to pay its short-term debts. Therefore, Birch is in a better position to meet its short-term obligations compared to Red Oak.
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State 5 advantages and 5 disadvantages of trade union.
Answer:
Down below
Explanation:
Advantages: 1-Unions can bargain for higher wages. 2-Unions can represent workers. 3-A trade union can help a firm bring in new working practices. 4-Unions can help bring workers closer to management. The states higher wages increase motivation.
Disadvantages: 1-Unemployment. 2-cost push inflation. 3-Time lost to strike.
4-confrontation 5-Less relevant.
IS 100 POINTS will mark brainliest
Keep track of your income and expenses for one month. List all your assets and liabilities (debts owed) in a spreadsheet. Based on these documents, develop a monthly budget and a net worth statement.