Mayor-elect franklin is indifferent about whether to keep a $100,000 property tax revenue surplus or use it to create a tax abatement district on 2nd street (past route 37) in order to attract new business to the city. if the new businesses that locate there are successful, $700,000 in additional tax revenues will be collected by the city. if those new businesses fail, the city coffers will lose the entire $100,000 surplus and no new taxes will be collected. prior to making his decision, franklin determines that tax abatement districts are successful 15% of the time. a. what is mayor-elect franklin’s utility of $100,000?

Peninsula products has just applied for a loan at your bank. when reviewing peninsula's books for the year that just ended, you notice that the firm uses the fair value option for its bonds payable. you also see that the firm recorded a $55,000 debit in its bonds payable account and a $55,000 credit in its unrealized holding gain or loss"income account. over that same period, interest rates decreased by about 0.5 percent. how should this information affect the bank's decision as to whether to grant peninsula a loan? a : the bank should strongly consider giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen an increase in its credit rating over the past year. b : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely the result of the rise in interest rates. c : the bank should hesitate before giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen a decline in its credit rating over the past year. d : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely unrelated to either interest rates or the firm's credit rating.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Which of the following distribution systems offers speed and reliability when emergency supplies are needed overseas? a. railroadsb. airfreightc. truckingd. pipelinese. waterways