Business, 24.10.2019 21:43 osmarirodriguez1163
Erik is an investor with $5,000 available for investment. he has the following three investment possibilities from which to choose: option scenarios 1 keep the $5,000 in cash for one year. 2 invest in a friend’s business with a 50% chance of getting $10,000 after one year and a 50% chance of getting nothing. 3 invest in a relative’s business with a 30% chance of getting $15,000 after one year, 20% chance of getting $2,500 after one year, 50% chance of getting nothing. if erik is indifferent about these three investment options, and he thinks that they are worth the same to him. therefore, which of the following statements is true about erik? he is risk-neutral. he is risk-averse. he is risk-loving. none of these descriptions is accurate. later, while examining the same investment alternatives, erik’s brother, devin, clearly expressed a preference for option 1. which of the following statements is true about devin? he is risk-averse. he is risk-neutral. he is risk-loving. none of the above.
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Business, 21.06.2019 19:50
Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.
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Business, 22.06.2019 11:00
Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified
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Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
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Business, 22.06.2019 15:20
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
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Erik is an investor with $5,000 available for investment. he has the following three investment poss...
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