A credit card company monitors cardholder transaction habits to detect any unusual activity. Suppose that the dollar value of unusual activity for a customer in a month follows a normal distribution with mean $250 and variance $391. a. What is the probability of $250 to $300 in unusual activity in a month? (5 points) h What is the probability of more than $300 in unusual activity in a month? (5 points) C. Suppose that 10 customer accounts independently follow the same normal distribution. What is the probability that at least one of these customers exceeds $300 in unusual activity in a month? (10 points)

Answers

Answer 1

a. To find the probability of $250 to $300 in unusual activity in a month, we need to calculate the z-scores for $250 and $300. The mean is $250 and the standard deviation is the square root of the variance, which is sqrt($391) ≈ $19.75.

Z-score for $250: (250 - 250) / 19.75 = 0
Z-score for $300: (300 - 250) / 19.75 ≈ 2.53

Now, using a z-table, we find the probability of having a z-score between 0 and 2.53. The corresponding probabilities are 0.5 and 0.9943. Therefore, the probability of $250 to $300 in unusual activity in a month is 0.9943 - 0.5 = 0.4943, or 49.43%.

b. To find the probability of more than $300 in unusual activity in a month, we use the z-score for $300, which is 2.53. The probability of having a z-score less than 2.53 is 0.9943, so the probability of more than $300 is 1 - 0.9943 = 0.0057, or 0.57%.

c. To find the probability that at least one of these 10 customers exceeds $300 in unusual activity in a month, we first calculate the probability that none of them exceed $300. The probability of a single customer not exceeding $300 is 1 - 0.0057 = 0.9943. For 10 independent customers, the probability of none of them exceeding $300 is (0.9943)^10 ≈ 0.9573. Therefore, the probability of at least one customer exceeding $300 is 1 - 0.9573 = 0.0427, or 4.27%.

Learn more about probability:

https://brainly.com/question/24756209

#SPJ11


Related Questions

edelman's engines has 18.1 bn in total assets. its balance sheet shows 1.7 bn in current liabilities, 10.2 bn in long-term debt, and 6.2 bn in common equity. the firm has 432.0 million shares of c/s o/s. the stock price is 21.0 usd/sh. calculate edelman's market/book ratio.

Answers

Edelman's book and market ratio is 1.466.

What if the balance sheet's assets exceed its liabilities?

A corporation has positive net equity if its assets are greater than its liabilities. Negative shareholders' equity results when liabilities exceed total net assets.

We need to calculate the book value of the equity:

Total assets minus current obligations minus long-term debt equals book value of equity.

Book value of equity = 18.1 bn - 1.7 bn - 10.2 bn

Book value of equity = 6.2 bn

Next, we need to calculate the market value of the equity:

Shares outstanding times stock price equals market value of equity.ac

Market value of equity = 432.0 million x 21.0 usd/sh

Market value of equity = 9.072 bn

Finally, we can calculate the market/book ratio:

Market/Book Ratio equals Market Equity Value / Book Equity Value

Market/book ratio = 9.072 bn / 6.2 bn

Market/book ratio = 1.466

To know more about market ratio visit:-

https://brainly.com/question/28392735

#SPJ1

true or false: a perfectly competitive firm's short-run supply curve is its marginal cost above the minimum point of the average cost (ac) curve. true false question. true false

Answers

The claim that the short-run supply curve of a fully competitive company equals its marginal cost beyond the minimum point of the average cost (ac) curve is False . Hence option (B) is correct.

Costs in the short run are those that competitive company change quickly. Physical capital is not a short-run expense; but, labor and raw material costs are.

With cost on the vertical axis and quantity on the horizontal axis, an average cost curve may be drawn.

These graphs frequently include display marginal costs, which indicate the price of the final unit produced at each point and, in the short term, correspond to the slope of the variable cost curve (and, consequently, the first derivative of variable cost).

Learn more about average cost, from :

brainly.com/question/14415150

#SPJ12

a company shows the following balances in the general ledger: purchases $10,000 freight in $1,000 purchases returns and allowances $500 the net delivered cost of purchases is:

Answers

The net delivered cost of purchases is $10,500.

The net delivered cost of purchases is the total cost of all purchases made by the company, including any additional costs such as freight in, minus any returns and allowances. In this case, the company's purchases balance is $10,000, and they have an additional $1,000 in freight in costs. However, they also have $500 in purchases returns and allowances, which need to be subtracted from the total cost.

Therefore, the net delivered cost of purchases can be calculated as follows:

⇒   Net delivered cost of purchases = Purchases + Freight in - Purchases returns and allowances

⇒   Net delivered cost of purchases = $10,000 + $1,000 - $500

⇒   Net delivered cost of purchases = $10,500

Therefore, the net delivered cost of purchases is $10,500. This represents the total cost of goods purchased and delivered, after accounting for any additional costs and returns or allowances.

To know more about the General ledger, here

https://brainly.com/question/17201999

#SPJ4

what amount of cash disbursements for insurance would be reported in novak's 2024 net cash provided by

Answers

In Novak's 2024 net cash provided by operations, the amount of cash disbursements for insurance would be reported.

Cash disbursements refer to the payments made by a company during a specific time period. These disbursements are generally made for a variety of purposes, including salaries, rent, utilities, taxes, and inventory purchases. Cash disbursements can be used to measure a company's liquidity, as they provide a clear indication of how much cash is flowing out of the company.The net cash provided by operations for a specific period of time refers to the cash inflows and outflows generated by the company's primary operations. It is calculated by subtracting cash disbursements from cash receipts. As a result, in Novak's 2024 net cash provided by operations, the amount of cash disbursements for insurance would be reported.

To know more about cash disbursements click on below link :

https://brainly.com/question/24195927#

#SPJ11

the market development index is equal to the . question 4 options: product of current market demand and market potential. ratio of market potential and market growth.

Answers

The market development index is equal to the ratio of market growth demand and market potential.

The Market Development Index (MDI) is a score that assesses a given market's potential to attract investment and increase its economic growth. MDI is utilized to evaluate emerging markets' attractiveness to international investors, as well as to assess the development of a nation's market. The MDI score is arrived at using a range of indicators, including economic indicators, infrastructure, regulatory and political environment, and investment climate.

The Market Development Index is calculated as a ratio of the potential market size to the actual market size. The potential market size is determined by studying the existing market size, the total number of households, and the growth rate of new markets. The actual market size, on the other hand, is determined by calculating the number of households that are currently buying the goods or services. The MDI ranges from zero to one, with a score of one indicating that the market's potential is fully utilized.

Therefore, the correct option is Market developmental index is ratio of market demand and market potential.

Learn more about "Market Development Index (MDI)"; https://brainly.com/question/14636410

#SPJ11

) in order for a citizen of kona to maintain the same standard of living between 2010 and 2015 , what percentage change in nominal income would be needed? explain.

Answers

The required percentage change in nominal income in order for a citizen of Kona to maintain the same standard of living between 2010 and 2015 would be 64.29%.

To maintain the same standard of living between 2010 and 2015 in Kona, we need to find the percentage change in nominal income. Nominal income is the amount of money one receives in a given time period such as daily, weekly, or monthly. Inflation refers to the process by which prices of goods and services rise over time. It is usually measured in percentage terms as an increase in the Consumer Price Index (CPI).

The inflation rate is calculated as follows:

Inflation Rate = (CPI2 - CPI1) / CPI1 * 100

Where CPI1 is the initial CPI and CPI2 is the final CPI.

Calculate the nominal income for the market basket in 2010 and 2015 as follows:

Market basket value in 2010: (100 * $2.00) + (50 * $1.50) + (25 * $1.00) = $350

Market basket value in 2015: (100 * $2.50) + (50 * $2.20) + (25 * $1.20) = $575

Using the inflation formula, we calculate the inflation rate from 2010 to 2015 as:

(575 - 350) / 350 * 100 = 64.29%

Since the nominal income needs to change by the inflation rate to maintain the same standard of living, we need to increase the nominal income by 64.29%. Therefore, the percentage change in nominal income required to maintain the same standard of living between 2010 and 2015 would be 64.29%.

Note: The question is incomplete. The complete question probably is: 1) See chart of describing the outputs and prices in the nation of Kona. The nation of Kona cultivates coffee beans and cassava, from which all their consumer goods are produced.                                    

                                     Quantity                                               Prices

Product                         Market Basket of Goods         2010                       2015

Mocha coffee               100 cups                                  $2.00 per cup         $2.50 per cup

Sweet pudding             50 quarts                                $1.50 per quart       $2.20 per quart

Cassava leaf salad       25 packages                           $1.00 per package  $1.20 per package

In order for a citizen of Kona to maintain the same standard of living between 2010 and 2015 , what percentage change in nominal income would be needed? explain.

Learn more about Nominal income:

https://brainly.com/question/19425399

#SPJ11

risks of not knowing in advance how much labor time will be needed throughout the budget period includes

Answers

The risks of not knowing in advance how much labor time will be needed throughout the budget period are significant for organizations. These risks can include:

1)Cost overruns: If labor costs exceed the budgeted amount, the organization may need to find additional funds to cover the difference. This can impact the organization's financial stability and may result in the need to cut back on other areas of the budget.

2)Reduced productivity: If labor time is not properly estimated, employees may be overworked or underutilized. This can lead to reduced productivity, increased turnover, and decreased morale.

3)Missed deadlines: If labor time is not properly estimated, projects may take longer than anticipated to complete. This can result in missed deadlines and lost opportunities for the organization.

4)Inaccurate forecasting: If labor time is not properly estimated, it can be difficult to accurately forecast future labor needs. This can impact the organization's ability to plan for future growth or to make strategic decisions.

5)Inefficient resource allocation: If labor time is not properly estimated, resources may be allocated inefficiently. This can result in wasted time and money, as well as missed opportunities to leverage resources more effectively.

Overall, not knowing in advance how much labor time will be needed throughout the budget period can have significant implications for an organization. It is important for organizations to carefully estimate labor needs and to monitor and adjust these estimates throughout the budget period in order to minimize risks and ensure successful outcomes.

For more details about organizations click here:

https://brainly.com/question/18338759#

#SPJ11

how can it be that when wages increase from 25 to 30, hours worked increase, but when wages then increase from 30 to 35, hours worked decrease? you may suppose that the typical graduate student has 40 hours of time for work or leisure in a week.

Answers

In the scenario where a typical graduate student has 40 hours of time for work or leisure in a week, this means that if the wage increases from 25 to 30, the student may choose to work more hours, say 30 hours, and spend 10 hours on leisure.

Graduate refers to a person who has successfully completed a course of study at a college or university and has earned a degree or diploma. This typically means that they have completed a Bachelor's degree or higher, although the specific requirements may vary depending on the institution and the program of study.

Graduates have usually acquired a deep understanding of their chosen field of study and have developed a range of skills and knowledge that can be applied in a variety of contexts. They may have specialized in a particular area of study, such as business, engineering, or the arts, or may have pursued a more general program of study that has provided them with a broad range of skills and knowledge.

To learn more about Graduate visit here:

brainly.com/question/28575384

#SPJ4

notes and accounts receivable that result from sales transactions are sometimes called a.trade receivables. b.current liabilities. c.fixed assets. d.intangible assets.

Answers

The notes and accounts receivable that result from sales transactions are sometimes called trade receivables.

Trade receivables are an amount owed to an entity, company, or person for goods or services that have been delivered or used but not yet charged. They are also known as accounts receivable, customer receivables, or sales receivables.

Notes and accounts receivables: Notes Receivables refer to written promises to pay a certain amount of money at a specific date or on-demand.

Accounts Receivables refers to the customer's obligations to pay for products or services previously acquired. They are the result of the ordinary course of business transactions. Both notes and accounts receivable are forms of a trade receivable.

Trade receivables are assets that are expected to be collected in cash, and as such, they are current assets on the balance sheet of an entity.

Trade receivables (option a.) are notes and accounts receivable that result from sales transactions.

To know more about account receivables, visit: https://brainly.com/question/24871345

#SPJ11

the exchange rate is 1.2 euros per united states dollar. if a restaurant meal costs 30 euros in paris, france, what is its dollar cost to a united states tourist?

Answers

the cost of the restaurant meal in dollars to a U.S. tourist would be $25 at the exchange rate of 1.2 euros per united states dollar.

To convert 30 euros to U.S. dollars using the exchange rate of 1.2 euros per dollar, you would need to divide 30 by 1.2:

30 euros ÷ 1.2 euros per dollar = 25 U.S. dollars

Exchange rate refers to the value of one currency relative to another. It plays a vital role in international trade and affects the economy of a country. Fluctuations in exchange rates impact the prices of goods and services, inflation, and balance of trade. The exchange rate is determined by supply and demand in the foreign exchange market. Factors that affect the exchange rate include interest rates, inflation, political stability, and economic performance. A strong currency can increase purchasing power and make imports cheaper, while a weak currency can boost exports and make a country's goods more competitive in the global market. Governments and central banks may intervene in the foreign exchange market to stabilize their currency or influence economic conditions.

learn more about interest rates here

https://brainly.com/question/13060914

#SPJ1

you borrow money on your credit card at 1.5% per month. what is the effective annual interest rate? group of answer choices 1.5% 18% 19.56% 19.72%

Answers

The credit card company charges an interest rate of 1.5% per month. Therefore, the monthly interest rate would be calculated as follows: 1.5/100 = 0.015

After that, we can use the formula for calculating the effective annual interest rate.

Effective annual interest rate (EAR) = (1 + (i/n))^n - 1

Where:

i = interest rate per period

n = number of compounding periods in a year

Effective annual interest rate (EAR) = (1 + (0.015/1))^1 - 1= 0.015 = 1.5%

Thus, the effective annual interest rate is 1.5%.

The interest rate on credit cards can be pretty high, but there are a few things you can do to reduce the amount of interest you pay.

For example, if you are able to pay off your credit card balance in full every month, you can avoid paying interest altogether.

Additionally, you can shop around for credit cards with lower interest rates, or consider transferring your balance to a card with a 0% introductory rate.

To know more about interest rate here

https://brainly.com/question/13324776?referrer=searchResults

#SPJ11

ignoring any tax effects, what will the balance sheet look like after the dividends are paid? (do not round intermediate calculations.)

Answers

The balance sheet of a company after paying dividends will reflect the payment of those dividends to shareholders. After the dividends are paid, the total amount of equity in the company will be reduced. This reduction in equity will be reflected in both the Assets and Liabilities side of the balance sheet.



The Assets side of the balance sheet will be reduced by the amount of the dividends that were paid out. If the company had a total of $100,000 in cash and cash equivalents prior to paying out the dividends, after paying out the dividends the total cash and cash equivalents will be reduced by the amount of the dividends paid out. The same is true for any other assets such as inventory, property, and equipment.



On the Liabilities side of the balance sheet, the equity section will be reduced by the amount of the dividends paid out. The total equity amount prior to paying out the dividends will be reduced by the total amount of the dividends paid out. This reduction in equity will be reflected in the total liabilities amount as well.



Therefore, after the dividends are paid, the balance sheet of a company will be reduced by the amount of the dividends paid out. This reduction will be reflected both in the assets side and in the liabilities side of the balance sheet.

To know more about balance sheet :

https://brainly.com/question/26323001

#SPJ11

what is the theory of liquidity preference? how does it help explain the downward slope of the aggregate demand curve

Answers

The theory of liquidity preference was developed by John Maynard Keynes.

It explains that people hold money for three reasons: transactional, precautionary, and speculative.

The speculative motive is the most important for understanding how liquidity preference affects the aggregate demand curve. The speculative motive is the desire to hold money as a store of value.

When interest rates are high, people are more likely to invest in bonds, which offer a higher rate of return than holding money. As a result, the demand for money falls.

When interest rates are low, people are less likely to invest in bonds because they offer a lower rate of return. As a result, the demand for money increases.

The demand for money affects the money market, which in turn affects the interest rate. The downward slope of the aggregate demand curve can be explained by the relationship between interest rates and investment.

When interest rates are high, investment is low. When interest rates are low, investment is high. Investment is a component of aggregate demand, so when investment is low, aggregate demand is low.

When investment is high, aggregate demand is high. Therefore, the aggregate demand curve is downward sloping.

To learn more about liquidity preference, refer below:

https://brainly.com/question/13017356

#SJP11

The Theory of Liquidity Preference states that, when people have a choice between holding money and holding bonds, they will generally prefer to hold money, resulting in a downward sloping aggregate demand curve.

In other words, people are more likely to keep their money liquid (in the form of cash) than to invest in long-term bonds, meaning that the demand for bonds is lower than for money, resulting in a lower overall demand for goods and services.

This in turn results in a downward sloping aggregate demand curve, as people have a lower incentive to purchase goods and services as the price increases.

To know more about demand curve click on below link:

https://brainly.com/question/30550686#

#SPJ11

every time we choose to do one thing, we give up doing something else. this best describes the economic principle of:

Answers

This best describes the economic principle of opportunity cost. Opportunity cost is the cost of an alternative that must be foregone in order to carry out a certain action. When we choose to do one thing, we are giving up doing another, so we have an associated opportunity cost.

Therefore, it is important to carefully consider the cost of sacrificing opportunity before making a decision. This helps us make more informed decisions and get the best return for our resources.

In conclusion, the opportunity principle is a fundamental concept in economics because it helps us evaluate the costs and benefits of doing one thing instead of another. This evaluation allows us to make decisions based on costs and benefits, which helps us maximize the use of our resources.

Lear More About Economic Principle

https://brainly.com/question/2242059

#SPJ11

true or false: a firm functioning inefficiently might be targeted in an acquisition to provide synergistic benefits to the acquiring firm. true false

Answers

True. An inefficiently functioning firm might be targeted in an acquisition as the acquiring firm can benefit from the synergies created.

For example, the acquiring firm can improve efficiency by eliminating redundancies, sharing resources, and reaping economies of scale.
An acquisition is a strategy in which one company purchases most, if not all, of another company's shares in order to assume control of it. The acquired company typically has fewer assets than the acquiring company, which means that it's either failing or struggling to keep its operations profitable.

Acquisition is a strategic move by companies to expand their market share and gain competitive advantages. The goal of an acquisition is to increase the financial and operating performance of the acquiring company by capturing economies of scale, synergies, and other strategic advantages.

The reason behind acquiring a firm that functions inefficiently is to provide synergistic benefits to the acquiring firm. By combining resources and operations, the acquiring firm aims to reduce costs, increase efficiency, and improve productivity.

Therefore, the statement "A firm functioning inefficiently might be targeted in an acquisition to provide synergistic benefits to the acquiring firm" is true.

Learn more about firm functioning here:

https://brainly.com/question/16405993

#SPJ11

Savers are hurt by unanticipated inflation because:
-as prices decrease, the real value of savings increases
-as prices rise, the real value of savings decreases
-as prices rise, the real value of savings increases
-as prices decrease, savers have more money to spend

Answers

Savers are hurt by unanticipated inflation because as prices rise, the real value of savings decreases. The correct option is B.

This is because inflation reduces the purchasing power of money; when prices rise, the same amount of money is worth less than before. In other words, a saver's money will not buy as much goods and services.

For example, if prices rise by 5% in a year, and a saver had $100 in the bank, their money would now only be worth $95 in purchasing power.


This is due to the fact that inflation reduces the purchasing power of money over time, and so the amount of goods and services that can be purchased with a certain amount of money declines with inflation.

Therefore, savers who have accumulated funds in savings accounts, bonds, or other fixed-income assets will see the real value of their savings decline as prices rise, and this can lead to a decrease in the standard of living and financial security.

To know more about inflation, refer here:

https://brainly.com/question/28190771#

#SPJ11

Complete question:

Savers are hurt by unanticipated inflation because:

A. as prices decrease, the real value of savings increases.

B. as prices rise, the real value of savings decreases.

C. as prices rise, the real value of savings increases.

D. as prices decrease, savers have more money to spend.

when designing responsive organizations, what decisions do firms have to make? multiple select question. decide between centralization versus decentralization decide the span of control monitoring the environment choose between tall or flat structures

Answers

When designing responsive organizations, firms have to make decisions about: Decentralization versus centralization ,Span of control ,Monitoring the environment, Tall or flat structures.

Therefore, the correct options are:

Decentralization versus centralizationSpan of controlMonitoring the environmentTall or flat structures

Some of these key decisions include:

Decentralization versus centralization: This decision involves determining the degree to which decision-making is centralized within the organization. In a centralized organization, decisions are made at the top of the hierarchy, while in a decentralized organization, decision-making is distributed throughout the organization.

Span of control: This decision involves determining the number of subordinates that a manager can effectively supervise. A narrow span of control means that a manager supervises only a few subordinates, while a wide span of control means that a manager supervises many subordinates.

Monitoring the environment: This decision involves determining how the organization monitors and responds to changes in the external environment. Responsive organizations need to be able to quickly adapt to changes in the market, technological advancements, and other external factors.

Tall or flat structures: This decision involves determining the number of hierarchical levels within the organization. A tall structure has many hierarchical levels, while a flat structure has fewer hierarchical levels.

By making these key decisions, firms can create organizations that are more responsive and better able to adapt to changes in the environment.

To know more about Decentralization:

https://brainly.com/question/12653061

#SPJ1

imagine the future where inclusivity and diversity in the workplace are truly valued, promoted, and accepted. explain what that looks like?

Answers

In an inclusive and diverse workplace, everyone is accepted regardless of their race, gender, sexual orientation, religion, or ability.

This kind of workplace allows for different perspectives and ideas to be shared and fostered. Everyone is respected and appreciated for their individual differences.

A workplace that values inclusivity and diversity promotes collaboration, creativity, innovation, and mutual respect.

It also provides a safe and supportive environment where employees feel comfortable being their authentic selves.

To know more about diverse workplace click on below link:

https://brainly.com/question/11015527#

#SPJ11

wal-mart has become the leading discount retailer in the united states and the world by focusing on the customer's needs and wants. this philosophy is at the heart of a

Answers

Wal-Mart has become the leading discount retailer in the United States and the world by focusing on the customers' needs and wants. This philosophy is at the heart of their success.

This is so because it has allowed them to meet their customers' needs and wants more efficiently and effectively than their competitors.

By understanding what customers need and want, Wal-Mart has been able to offer more competitive prices, wider selection of products, and better customer service with huge discounts on retail products.
As evidenced by the company's long-term commitment to keeping prices low and delivering high-quality goods and services.

Wal-Mart has built its reputation on providing customers with a wide variety of products at competitive prices, and the company has succeeded by being sensitive to the needs and desires of consumers in all markets.

By focusing on the needs and wants of its customers, Wal-Mart has become a trusted name and a leader in the retail industry.

To know more about customers' needs and wants, visit: https://brainly.com/question/15096946

#SPJ11

13.if the college put a price ceiling on meals at $4 a meal, what is the quantity bought, the shortage of meals, and the maximum price that someone is willing to pay for the last meal available?

Answers

If the college put a price ceiling on meals at $4 a meal, there are 1500 meals bought, creating a shortage of 1500 at the new price. The maximum price a consumer would be willing to pay for the last meal is $10.

In an effort to stop the market price from growing over a given level, a legally mandated maximum price in the market that providers cannot surpass. A maximum price must be set below the free market price in order to be effective.

Macroeconomics is a subfield of economics that focuses on the behaviour of the economy as a whole, including the markets, firms, customers, and governments. Macroeconomics studies trends in the economy as a whole, including inflation, price levels, economic growth rates, national income, GDP, and changes in unemployment.

An economy is said to be experiencing economic growth when its total output rises. To support economic policies that will support growth, progress, and growing living standards, macroeconomists work to understand the elements that either encourage or delay economic growth.

Learn more about Maximum price:

https://brainly.com/question/29738374

#SPJ4

what section of the urla allows the lender to record if the ethnicity, sex, or race of the borrower was collected on the basi s of visual observation or surname?

Answers

The section of the URLA that allows the lender to record if the ethnicity, sex, or race of the borrower was collected on the basis of visual observation or surname is Section X: Demographic Information.

The Uniform Residential Loan Application (URLA) is an industry-wide standard form that is required for many residential mortgage loan applications in the United States. It is also known as Fannie Mae Form 1003 or Freddie Mac Form 65 and is designed to capture all of the relevant information required for a mortgage application, including the borrower's personal and financial information, as well as details about the property.The URLA was updated in 2020 to reflect changes in the demographics of the US population and to provide better data on fair lending practices. The updated form includes a new section, Section X: Demographic Information, which allows lenders to collect information on the race, ethnicity, and sex of the borrower in a non-discriminatory manner.Section X: Demographic Information: This section allows lenders to record if the ethnicity, sex, or race of the borrower was collected on the basis of visual observation or surname. This is done to help ensure that lenders are not discriminating against applicants based on these characteristics. This section is optional and is not required by law. However, lenders may choose to include it on their URLA form to gather more information about the borrower's background and to ensure that they are complying with fair lending laws.

Learn more about lending here: https://brainly.com/question/948916

#SPJ11

your grandma promises you a gift of $100 for your birthday. later, she decides she doesn't want to give you the money. is this a breach of a contract?

Answers

Your grandma promises you a gift of $100 for your birthday. Later, she decides she doesn't want to give you the money. This is not a breach of contract as no gifts are not contracts.

A contract is an agreement that outlines specific, legally binding rights and duties that apply to two or more parties that have reached a consensus. The transfer of commodities, services, money, or a promise to transfer any of those at a later time are common components of contracts. The damaged party may seek legal remedies like damages or rescission in the event of a contract breach. A treaty is a legally binding agreement between parties under international law.

Agreements must be kept, which is the foundation of contract law, a branch of the law of obligations that deals with contracts. Contract law differs from one jurisdiction to another, like other aspects of private law.

Learn more about contract, here:

https://brainly.com/question/32254040

#SPJ12

Which of the following quantitative risk analysis techniques is used to determine which risks have the most powerful impact on the project, with results displayed in the form of a tornado diagram?
A. Failure Mode and Effects Analysis (FMEA)
B. Expected Monetary Value
C. Sensitivity Analysis
D. Simulation Techniques such as Monte Carlo Analysis

Answers

Monte Carlo Analysis is a simulation technique that is used to determine which risks have the most powerful impact on the project, with results displayed in the form of a tornado diagram. Monte Carlo Analysis is used to estimate the probability of potential project outcomes.

This is done by creating models that contain input variables, such as project costs, durations, and technical performance, and output variables, such as project completion dates and overall project costs.

The simulation model then evaluates the relationships between the input and output variables, resulting in a range of potential project outcomes.

Monte Carlo Analysis can be used to identify the most critical risks to the project by identifying the risk factors that have the greatest effect on the overall outcome of the project.The results of Monte Carlo Analysis can be displayed in the form of a tornado diagram.

The tornado diagram is a visual representation of the impact that each risk factor has on the overall project outcome. The most critical risks are displayed at the top of the diagram, while less important risks are displayed lower down.In conclusion, Monte Carlo Analysis is a powerful tool for identifying and evaluating project risks.

By using this technique, project managers can identify the most critical risks to the project and develop effective risk management strategies to mitigate these risks.
The quantitative risk analysis technique used to determine which risks have the most significant impact on a project, with results displayed in a tornado diagram, is called a Sensitivity Analysis.

This technique examines the effect of varying one risk factor at a time while keeping the others constant, allowing project managers to identify the most critical risks that can greatly influence the project outcomes.

The diagram resembles a tornado, with the widest part representing the most influential risk and the narrowest part representing the least influential risk. This provides a clear and easy-to-understand depiction of the most critical risks that need to be addressed to ensure project success.

While Simulation Techniques such as Monte Carlo Analysis are also used in quantitative risk analysis, they differ from Sensitivity Analysis.

Monte Carlo Analysis uses a mathematical model to simulate multiple scenarios with different combinations of risk factors, providing a probability distribution for the project outcomes.

It provides valuable information about the overall risk exposure, it does not specifically identify the most powerful risks in the form of a tornado diagram.

For search more questions on simulation technique

https://brainly.com/question/29538650

#SPJ11

The quantitative risk analysis technique that is used to determine which risks have the most powerful impact on the project, with results displayed in the form of a tornado diagram, is simulation techniques such as Monte Carlo Analysis. This technique involves creating a mathematical model that represents the project and its associated risks, and then running thousands of simulations to determine the likelihood of different outcomes.

During these simulations, the Monte Carlo Analysis technique considers different scenarios and variables to determine the probability of each risk event occurring, and the impact it would have on the project. This technique also enables project managers to calculate the expected value of the project's outcome, as well as the potential range of outcomes and associated risks.

The results of the Monte Carlo Analysis are displayed in the form of a tornado diagram, which ranks the risks in order of importance based on their impact on the project's outcome. This enables project managers to focus their risk management efforts on the most critical risks and develop appropriate risk response plans to mitigate them.

to learn more about: quantitative risk

https://brainly.com/question/28903060

#SPJ11

suppose that a firm in a competitive market is currently maximizing its short-run profit at an output of 50 units. if the current price is $9, the marginal cost of the 50th unit is $9, and the average total cost of producing 50 units is $4, what is the firm's profit?

Answers

The profit of a firm in a competitive market that is currently maximizing its short-run profit at an output of 50 units, with a price of $9, a marginal cost of $9 for the 50th unit, and an average total cost of $4 for 50 units is $250.

In the short run, a company that is a price taker will maximize its profits by producing the level of output at which the marginal cost equals the marginal revenue. Because marginal cost is equal to $9 for the 50th unit, the company should not produce any more units. For the 50th unit, the price is equal to $9, which is the same as the marginal cost. Because the ATC is $4, the firm makes $5 in profit per unit.  

The company's profit is $250 (25 x $5 - $4 x 50 = $250), where 25 is the number of units produced (50 units minus 25 units equals 25 units). As a result, the firm will maximize profits at 25 units, earning $250 in profit.The above answer shows that the profit of a company in a competitive market that is currently maximizing its short-run profit at an output of 50 units, with a price of $9, a marginal cost of $9 for the 50th unit, and an average total cost of $4 for 50 units is $250.

To know more about  marginal cost  click on below link:

https://brainly.com/question/7781429#

#SPJ11

on may 1, widdle corporation issued 10,000 shares of its $10 par common stock to saddles for a tract of land. the stock had a fair market value of $15 per share on this date. according to saddles' last property tax record, the land was valued at $82,000. what amount should widdle record as an increase in paid-in capital? a.$50,000 b.$82,000 c.$18,000 d.$32,000

Answers

Widdle Corporation should record an increase in paid-in capital of $50,000 on May 1, when it issued 10,000 shares of its $10 par common stock to Saddles in exchange for a tract of land. The correct answer is A - $50,000

The total value of the stock issued was calculated by multiplying the number of shares by the fair market value of the stock, $15 per share. This comes to a total of $150,000. The fair market value of the land, as per Saddles’ last property tax record, was $82,000. The difference between the total value of the stock issued and the fair market value of the land is $50,000 and this should be recorded as an increase in paid-in capital.

In other words, Widdle Corporation paid for the land by issuing 10,000 shares of its common stock, valued at $15 per share. The total value of the stock was $150,000, while the land’s fair market value was $82,000, so the difference of $50,000 is the amount that should be recorded as an increase in paid-in capital.

For more such questions on Book-value record.

https://brainly.com/question/13409660#

#SPJ11

which of the following statements is true for a company that maintains beginning and ending work in process and finished goods inventories? multiple choice if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be lower than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be higher than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be the same as the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause the gross margin to be higher than the gross margin reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold.

Answers

if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be higher than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold.



When a company closes its underapplied overhead entirely to cost of goods sold, it reduces the cost of goods sold and thus increases the net operating income as compared to when the overhead was closed proportionally to work in process, FINISHED GOODS INVENTORIES, and cost of goods sold.

To learn more about overhead, refer below:

https://brainly.com/question/29037936

#SPJ11

According to the​ text, an employee who does not identify with their organization may experience​ ________________.
A. social identity crisis
B. decreased satisfaction
C. limited opportunities
D. higher OCB
E. limited feedback

Answers

According to the text, an employee who does not identify with their organization may experience decreased satisfaction. Option B is correct.

Organizational identification is the degree to which a worker identifies with their organization's values and goals, considers the organization to be an important aspect of themselves, and is proud of their association with it. Organizational identification is a significant predictor of a worker's work attitudes, behavior, and job satisfaction. Employees that feel a strong sense of identification with their organization are more likely to be satisfied with their job and committed to them, and are more likely to engage in organizational citizenship behavior.

According to the text, an employee who does not identify with their organization may experience decreased satisfaction. As a result, it can be inferred that organizational identification is critical for job satisfaction and that a lack of it can have negative consequences. In summary, the correct option is B. decreased satisfaction. Option B is correct.

Learn more about Organisation: https://brainly.com/question/1288780

#SPJ11

a company reports total assets of $950,000 and stockholders' equity of $550,000. calculate the debt ratio. group of answer choices 36.67% 72.73% 42.11% 57.89%

Answers

The debt ratio is 42.11%. This means that 42.11% of the company's total assets are financed through debt. Thus, Option C is correct.

To calculate the debt ratio, you divide the total liabilities by the total assets. In this case, the total assets are $950,000 and the stockholders' equity is $550,000, so the total liabilities must be:

Total liabilities = Total assets - Stockholders' equityTotal liabilities = $950,000 - $550,000Total liabilities =  $400,000

Then, you divide the total liabilities ($400,000) by the total assets ($950,000) to get the debt ratio:

Debt ratio = Total liabilities / Total assetsDebt ratio = $400,000 / $950,000Debt ratio = 0.4211 or 42.11%

This means that 42.11% of the company's total assets are financed through debt, while the remaining 57.89% are financed through stockholders' equity. Option C is correct.

Learn more about The debt ratio https://brainly.com/question/27993089

#SPJ11

the project manager communicates the objective to the project team in such a manner as to create a vision of?

Answers

The project manager communicates the objective to the project team in such a manner as to create a vision of what the desired outcome of the project will be.

The project manager will need to clearly and concisely explain the objective to the team, making sure that all the details are outlined. Additionally, the project manager should be able to provide examples of how the goal will be achieved, so that the project team can understand what is expected of them.

Furthermore, the project manager should be able to provide incentives to the project team to motivate them to reach the goal. This can be in the form of rewards or recognition for completing tasks or reaching objectives. Finally, the project manager should always be able to provide feedback and direction on any problems or difficulties that may arise during the project. By providing a clear vision of the desired outcome and supporting it with practical methods for reaching it, the project manager can successfully create a vision of what the project should be.

To know more about communication click on below link :

https://brainly.com/question/22558440

#SPJ11

bill manages the quality department. his people check parts made by the production departments to assure all specifications are met. bill is .

Answers

Bill is the staff manager of the quality department. He is responsible for overseeing the employees who check the parts made by the production departments to ensure they meet all specifications. He also works to improve the quality department's processes and procedures.

A staff manager is responsible for managing the organization's support personnel. Staff managers are in charge of employees who do not produce goods or services directly but who provide critical assistance to the company's core functions, such as human resources, IT, accounting, and public relations.

The quality department is responsible for ensuring that the goods and services produced by an organization meet customer needs and are of excellent quality. They work on product quality and reliability, as well as the development and maintenance of quality systems such as Total Quality Management. The production department is responsible for producing goods and services that meet customer needs. They create the products that the company sells, and their primary aim is to produce high-quality products that satisfy customer demand. The production department is critical to the organization's success, as it is the department that ensures that the company produces products in a timely and cost-effective manner.

Learn more about quality department https://brainly.com/question/2692258

#SPJ11

Other Questions
the book is ngozi's own is it a correct sentence During the late 1800s and early 1900s, many people, including Jacob Riis, worked to solve societal issues. Write an informative essay to answer this question: What was life like in the New York tenements? Use these tips to get started. Start collecting information to support your claim. Write an outline for your essay. Use information from Genesis of the Tenement, Jacob Riiss photographs, the table, and the video. Remember to jot down and include the source of your supporting information. In your essay, introduce your topic or thesis statement and develop it by choosing the most significant and relevant information available. Avoid using ambiguous data that can be misinterpreted. Consider presenting some of your information in quantitative or visual formats to help your readers understand. In your conclusion, summarize the information you have presented. after the petty cash fund is established, the petty cash account is not debited or credited again unless the amount of the fund is changed. true flase if the rate constant for a reaction triples when the temperature rises from 25 oc to 65 oc, what is the activation energy of the reaction? give answer in kj/mole. if the answer to our three questions for this particular limit is affirmative, what can you say about the continuity of the logarithm function? what would be its derivative? what would be r12 ln x dx? mis can also provide businesses with a competitive advantage by allowing them to analyze their data and make data-driven decisions. this can help businesses to identify market trends, opportunities, and threats, and adjust their strategies accordingly. true or false An empty shipping box has a mass of 2. 75 kilograms. An electronics store is packing 5 identical laptops in the shipping box. Each laptop has a mass of 1. 65 kg. The cost to ship the box was $40. 00 for the first 5 kg and $3. 15 for each kilogram over 5 kg. What was the cost to ship the packed box? Which of the following marrow elements provides the microenvironment for proliferation and differentiation of hematopoietic cells?A. White pulpB. Germinal centersC. Yellow marrowD. Red marrow you just received a notification that your company's email servers have been blocklisted due to reports of spam originating from your domain. what information do you need to start investigating the source of the spam emails? what is the radical equivalent to s^3/2 if money is neutral, what does this imply about the use of monetary policy? monetary policy is more effective in the short term than the long term. mechanisms should be introduced to ensure that the federal reserve is making sound decisions. monetary policy can influence the price level but cannot be used to encourage economic growth. An plane covers 50 miles in 1/5 of an hour. How many miles can the plane cover in 5 hours apple has just paid a quarterly dividend of $3.02. dividends are expected to grow by 10% for the next 4 quarters, and then grow by 1.2% thereafter. apple has a required quarterly return of 5%.what is the terminal value in the fourth quarter ( If the export value of American educational institutions is more than twice that of Americas top agricultural export, and supports 455,000 jobs, we can conclude thatMultiple ChoiceA.exports of higher education represent an important component of the U.S. economy.B.exports of higher education are paid for in foreign currencies effectively bypassing EXIM bank requirements.C.American universities have been recruiting foreign students to the detriment of U.S. students.D.exports of higher education will continue to grow without export assistance.E.U.S. taxpayer dollars are being spent in foreign countries rather than domestically. according to social exchange theory, an individual's primary motive in establishing and maintaining relationships is which term describes a soil that remails in place after having formed by weathering of the underlying bedrock? residual relict transformational transported how much would you pay to receive $100 at the end of 20 years if you can earn 12% interest on alternative investments of similar risk? Given a 32 x 8 ROM chip with an enable input, show the external connec- tions necessary to construct a 128 X 8 ROM with four chips and a decoder. The associative property works with expressions that useAdivision and subtraction. Baddition and subtraction. Cmultiplication and division. Dmultiplication and addition Anyone Want to Give me 6th Grade Inequalities?Reward- Brainliest and 10 Tokens