Ohio State University is trying to decide whether to buy Ford or General Motors trucks for their facilities management truck pool. They have information on the likelihood of each type of truck needing certain repairs over the next three years. Assume that engine, transmission, and other vehicle problems occur independent of one another for a single vehicle and that breakdowns on different vehicles occur independent of one another. Probability of repair type needed over three years.
Probability of repair type needed over three years:
Truck Manufacturer Engine Transmission Other
Ford
0.05 0.08 0.12
General Motors 0.04 0.06 0.18
Average repair cost ($)
Truck Manufacturer Engine Transmission Other
Ford 715 1245 215
General Motors 885 1420 175
a. If your objective is to pick the truck type with the lowest anticipated repair cost over the next 3 years, which truck type would you choose? Why?
b. For a single Ford truck what is the probability that over the next 3 years that it will have both an engine problem and a transmission problem, but no other problems?
c. For a single Ford truck, what is the probability that over the next 3 years it will have engine trouble if we know it has transmission trouble?
d. Assume that Ford trucks are purchased. A new maintenance plan is being considered that would reduce all types of repairs needed by 40% per vehicle. This plan would cost $30 per year per vehicle. Is it a good idea to use this new maintenance plan?
e. Assume that Ford trucks are purchased. At the end of 3 years, if I sample 10 trucks, what is the probability that 2 or more of the 10 trucks needed at least one repair during that time?

A company's next annual dividend will be $12 and that dividends after one year will have a constant growth rate of 5%. If the required rate of return is 9%. The stock price should be $315 and the dividend yield should be 4%.

We will need to use the Gordon growth model and the dividend yield formula.

Step 1: Apply the Gordon growth model formula to calculate the stock price.
Stock Price (P) = D1 / (r - g)
Where:
D1 = Dividend in the next year
r = Required rate of return
g = Growth rate of dividends
Step 2: Calculate the dividend in the next year (D1).
D1 = Annual Dividend * (1 + g)
D1 = $12 * (1 + 0.05)
D1 = $12 * 1.05
D1 = $12.60
Step 3: Calculate the stock price using the Gordon growth model formula.
Stock Price (P) = $12.60 / (0.09 - 0.05)
Stock Price (P) = $12.60 / 0.04
Stock Price (P) = $315
Step 4: Calculate the dividend yield.
Dividend Yield = D1 / Stock Price
Dividend Yield = $12.60 / $315
Dividend Yield = 0.04 or 4%
So, the stock price should be $315 and the dividend yield should be 4%.

To know more about Stock price and dividend yield.

visit:

https://brainly.com/question/14254149

#SPJ11

Answer: A

Explanation: People usually chose to buy houses instead of renting house because of saving reasons

Answer:

b. The property maintenance is the owner's responsibility.

Explanation:

its actually this one. i took an L for the gang. youre welcome

Answer:The answer would be true, unless the employee had to leave for personal reasons

Explanation:

Answer:computer

Explanation:

If we define poverty as income below $10,000 per year, we have set absolute definition of poverty.

What is absolute poverty?

When a household's income falls below a given threshold, absolute poverty results. Due to this, it is impossible for the individual or family to meet their fundamental needs, such as those for food, shelter, safe drinking water, healthcare, and other necessities of life.

Even if the nation's economy were to grow now, persons living below the poverty line would not be affected. Comparing households based on their income levels is known as absolute poverty. And depending on the general state of the economy, this level differs from nation to nation.

To know more about absolute poverty, click here- brainly.com/question/2264730

#SPJ4

Thus, Anita's marginal cost of knitting the 13th scarf is $25.

In the field of economics, the marginal cost is the variance in total production costs caused by adding or producing a new unit. The marginal cost is determined by multiplying the variance in production costs by the variation in quantity. A company must understand when it may achieve economies of scale in order to maximize output and overall operations. Marginal cost analysis has this as its objective. Marginal cost, a concept from managerial accounting and economics, is most typically used by manufacturers to establish the ideal output level. At a certain level of output, the benefit of producing one extra unit and making money from that product will cut the line's overall manufacturing costs. The marginal cost incorporates all expenses that alter with that level of production.

Marginal cost= $169-$144 =$25

To learn more about marginal cost, visit:

https://brainly.com/question/23770137

#SPJ4

No, the sale was not commercially reasonable because the sale price was lower than estimated market value.

A sale is considered commercially reasonable if it was made in a good faith manner, in a commercially reasonable manner, and after adequate notice and an opportunity for competitive bidding.

In this case, the sale price of $1.3 million was significantly lower than the estimated market value of $1.45 million and the advertised price of $1.595 million.

Therefore, it appears that Center did not make a good faith effort to obtain the highest possible price for the jet, and the sale was not made in a commercially reasonable manner.

This may result in a deficiency judgment against PRA Aviation, LLC for the difference between the sale price and the outstanding balance of the loan, plus costs and fees.

To know more about market value, refer here:

https://brainly.com/question/30775788#

#SPJ11

What method was used by MADD to establish a uniform drinking age at Eastern Gateway Community College across from PSC 101.

What is an established example?

She became a star because of the movie. She made a name for herself as a diligent worker. The word has now become a recognized component of English. The business has made a name for itself as a pioneer in its field. There is no clear cut answer here, although much of the information I read on the subject suggested that you would be regarded as an established writer if: You had at least one book published. You've received a nomination for an honor or a spot in a contest.

Know more about across Visit:

https://brainly.com/question/29774839

#SPJ4

Answer: A. Hedge funds

Explanation:

Answer:

Customer service sets great businesses apart from the rest. Customers are the reason that businesses exist. Keeping those customers happy means being responsive to their needs and wants. A good customer service experience can turn a one-time customer into a lifelong repeat customer. People like to share their good experiences. Excellent customer service can turn into positive word of mouth.

Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.

Explanation:

B)

Explanation:

the definition of stimulus is something that causes a reaction so b is the only one that makes sense

Yes, higher domestic consumption and a more efficient use of resources would be considered economic gains of free trade.

Domestic consumption is the total amount of goods and services bought by people and households inside a nation. It plays a significant role in the entire economic activity of a nation and is strongly related to the level of living of its people.

Increases in domestic consumption often signify that people are preferring to spend their additional discretionary money on products and services. Particularly in the sectors that directly produce the items being bought, this additional spending can boost economic expansion and generate new jobs. For instance, if domestic electronics demand rises, the sector of electronics manufacturing may expand and new employment may be generated.

To know more about domestic consumption visit:

https://brainly.com/question/28271985

#SPJ1

Hello,

Answer:

The use of a backward L-shaped aggregate supply curve allows us to consider different/various macro points of view in a way that other shapes would not.

Answer:

Advantages: We know that the voltage remains constant in the parallel connection. Therefore, each component in the circuit gets the same amount of voltage.

Disadvantage: To construct the parallel connection, we need lots of wires.

Please mark as brainliest if answer is right

Have a great day, be safe and healthy  

Thank u  

XD  

The correct statement regarding a partner's fiduciary duty is the RUPA's provision regarding the fiduciary duty is not exclusive, but leaves further development of the fiduciary duty of partners to the common law of agency.

Under the Revised Uniform Partnership Act (RUPA), which governs partnerships in many U.S. jurisdictions, the provision regarding the fiduciary duty of partners is not exhaustive. The RUPA recognizes that the fiduciary duty of partners is subject to further development through the common law of agency. This means that courts can interpret and apply the fiduciary duty based on established principles and precedents in agency law. The RUPA does not provide that a partner does not violate the duty of loyalty merely because the partner's conduct furthers their own interest. In fact, partners have a duty of loyalty to act in the best interest of the partnership and its other partners, and their own interests should not conflict with this duty.

Learn more about Revised Uniform Partnership Act here:

brainly.com/question/30870606

#SPJ11

The market system can result in productive efficiency in the long run, particularly under conditions of perfect competition. Productive efficiency refers to the situation where a firm is producing goods or services at the lowest possible cost, given the available technology and resources.

In a market system, firms that operate efficiently can gain a competitive advantage by offering lower prices or better quality products. Yes, the market system can result in productive efficiency in the long run, particularly under conditions of perfect competition.

Productive efficiency refers to the situation where a firm is producing goods or services at the lowest possible cost, given the available technology and resources. In a market system, firms that operate efficiently can gain a competitive advantage by offering lower prices or better quality products.

Perfect competition is a market structure where there are many buyers and sellers, and no single firm has the ability to influence market prices. Under perfect competition, firms are forced to be efficient in order to survive and compete.

In the long run, firms in a perfectly competitive market have the incentive to operate at the lowest possible cost. This is because any firm that is inefficient will face the risk of being driven out of the market by more efficient competitors.

In summary, the market system, particularly under perfect competition, can lead to productive efficiency in the long run as firms are incentivized to minimize their costs and operate efficiently in order to compete effectively.

To know more about  market system click here:

brainly.com/question/23946713

#SPJ11

The disclosure notice about information practices is an important tool for life insurance agents to inform their clients about the collection and sharing of personal information. By providing this notice, agents can establish trust and transparency with their clients and demonstrate their commitment to protecting their privacy.

A life insurance agent is required to give a disclosure notice about information practices to an applicant or proposed insured. The purpose of the notice is to inform the applicant or proposed insured about the collection and sharing of their personal information, including health and financial information, by the insurance company and its affiliates.In compliance with federal and state laws, the disclosure notice must be provided to the applicant or proposed insured at the time of application.

The notice must describe the insurance company’s privacy practices, including how it collects, uses, and shares personal information, as well as the applicant’s or proposed insured’s rights to opt-out of certain uses and disclosures of their information. The notice must also provide instructions for how to opt-out, as well as contact information for the insurance company or agent that can assist with any questions or concerns about the privacy practices.

It is important for life insurance agents to provide this disclosure notice to their clients because it helps to establish trust and transparency in the relationship between the insurance company, the agent, and the applicant or proposed insured. By being upfront about how personal information is collected, used, and shared, the insurance company can demonstrate its commitment to protecting the privacy of its clients. This can be particularly important in situations where sensitive health or financial information is being shared.

In conclusion, the disclosure notice about information practices is an important tool for life insurance agents to inform their clients about the collection and sharing of personal information. By providing this notice, agents can establish trust and transparency with their clients and demonstrate their commitment to protecting their privacy.

for more such question on disclosure

https://brainly.com/question/13170985

#SPJ8

The correct option for the question "A department can never be considered to be a profit center. " is false.

A profit center is a business unit or a branch of a corporation that is responsible for generating profits. A profit center is assigned a manager who is accountable for its revenue and expenses, as well as the profit or loss generated by the center. Profit centers are typically based on the idea of decentralization, in which a firm is divided into several smaller, more manageable divisions.

The primary purpose of a profit center is to maximize profits, which is done by increasing revenue while minimizing expenditures. Therefore, a department can be considered to be a profit center. Although, it is entirely dependent on the objectives of the firm, and if a department is designed to generate revenue for the firm, then it is considered a profit center.

A department can be designated as a profit center if it generates income and tracks its expenses. Consequently, the given statement "A department can never be considered to be a profit center" is false as it can be considered a profit center.

learn more about profits

https://brainly.com/question/30001984

#SPJ11

Answer:

It enables a country to obtain goods which it cannot produce or which it is not producing due to higher costs, by importing from other countries at lower costs. (iii) Specially Foreign trade leads to specialisation and encourages production of different goods in different countries.

Explanation:

inorder to minimize the disadvantage , there should be privacy maintainence in the intellectual property, there should be balanced in domestic and international trade. the over use of natural resources should be controlled. there should be proper checking of the good and services before trading them inside country or in foreign country, etc

Answer:

OB. Gross Purchases.

Explanation:

Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns),  discounts and allowances received.

Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.

Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.

Kyra's actual tax liability for the year is $31,306.84, which is lower than her tax liability based on her marginal tax rate due to progressive nature of the tax system.

Tax liability refers to the amount of money that an individual or entity owes to the government in taxes, based on their income, assets, and other taxable factors. This liability can arise from various types of taxes, such as income tax, sales tax, property tax, or corporate tax. Tax liability can be affected by many factors, including the tax laws and regulations in the jurisdiction where the individual or entity is located, as well as the taxpayer's income level, deductions, and exemptions. It is important to calculate and pay tax liability accurately and on time to avoid penalties and interest charges. Tax liability can also be reduced through various tax planning strategies, such as claiming deductions and credits, maximizing retirement contributions, or utilizing tax-deferred investment accounts.

Average tax rate = Total tax liability/Taxable income

Total tax liability = Average tax rate x Taxable income

Total tax liability = 0.243 x $128,852 = $31,306.84

To learn more about tax liability, visit:

https://brainly.com/question/15735981

#SPJ1

Answer:4900

Explanation: it makes sence duh.

Attending networking events is probably the choice that will have the least financial impact on the salesman and the business. Here option D is the correct answer.

While networking events can be valuable for making connections and building relationships, they often require a significant investment of time and resources without a clear return on investment.

Cold calling, although not always effective, can still yield positive results if done correctly. It involves reaching out to potential customers who may not have heard of the company before and can lead to new business opportunities. Following up with leads is also crucial in the sales process, as it helps to nurture relationships and move potential customers toward a sale.

Negotiating deals is a critical aspect of the sales process and can have a significant impact on the financial outcome for both the salesperson and the company. Effective negotiation can lead to larger deals and higher profits, while poor negotiation skills can result in lost opportunities and lower revenues.

To learn more about networking events

https://brainly.com/question/13400911

#SPJ4

Complete question:

Which of the following activities routinely performed by salespeople contributes the LEAST financially to both the salesperson and the company?

A) Cold calling

B) Following up with leads

C) Negotiating deals

D) Attending networking events

The contribution margin ratio is 41%

Sales amount = $774,000,

Variable costs = 59%

Fixed costs = $120,000.

The correlation between contributions and sales is known as the contribution margin ratio. By dividing contribution by sales, one can calculate the contribution margin ratio.

Determining the variable costs -

= Total sales x Variable Cost %

= 774,000 x 59%

= 456,660

Determining the total contribution -

= Sales amount - Variable costs

= 774,000 - 456,660

= 317,340

Calculating the contribution margin ratio -

= Total costs / Total sales

= 317,340/774,000

= 41%

Read more about contribution margin ratio on:

https://brainly.com/question/24170559

#SPJ4

Organizational readiness and process readiness are the two key areas that a Release Train Engineer should focus on to support a successful PI Planning event.

PI Planning is a crucial event in the Scaled Agile Framework (SAFe) that requires careful preparation and coordination to ensure its success. Two key areas that a Release Train Engineer (RTE) should focus on to support a successful PI Planning event are:

1. Organizational readiness: This involves ensuring strategic alignment, defining roles and responsibilities, establishing teams, and setting up the Agile Release Train (ART).

The RTE should ensure that the organization is ready for the planning event by aligning business objectives with the planned work and ensuring that the necessary teams and resources are in place.

2. Process readiness: This pertains to the operational rhythm and governance mechanisms that enable effective planning and execution within the SAFe framework.

The RTE should facilitate the establishment of the operational processes, such as Scrum of Scrums, Iteration Planning, and System Demo, to ensure smooth collaboration and communication among the teams involved in the planning event.

By focusing on these two areas, the RTE can ensure that the necessary organizational and process readiness is in place, enabling a successful and productive PI Planning event.

Learn more about PI Planning event

brainly.com/question/30711741

#SPJ11

a) As income increases, consumption expenditure also increases, but at a decreasing rate due to the presence of taxes.

b) As income increases, the demand for money also increases, but as the interest rate increases, the demand for money decreases.

c) The equilibrium interest rate, r is 5 and the equilibrium level of income Y is 2,875

To begin with, we will use the consumption function, which relates the consumption expenditure of households to their disposable income. Here, C represents consumption expenditure, Y represents income, and T represents taxes.

The consumption function is given by C = 250 + 0.6 ( Y – T ).

Next, we will look at the investment function, which relates the level of investment expenditure to the interest rate in the economy. Here, I represents investment expenditure, and r represents the interest rate. The investment function is given by I = 100 – 20 r. This means that as the interest rate increases, investment expenditure decreases, and vice versa.

Finally, we will use the money demand function, which relates the demand for money to the level of income and the interest rate in the economy. Here, (MP)d represents the demand for money, Y represents income, and r represents the interest rate. The money demand function is given by (MP)d = Y – 20 r.

Using these functions, we will first graph the IS curve by setting government purchases and taxes both at 100. The IS curve represents the combinations of interest rates and levels of income that are consistent with equilibrium in the goods market. We will then graph the LM curve by setting the money supply M to 2,875 and the price level P to 5. The LM curve represents the combinations of interest rates and levels of income that are consistent with equilibrium in the money market.

To know more about investment here

https://brainly.com/question/22094328

#SPJ4

The term "differential costs" refers to fixed costs that differ between alternatives. These are the costs that are incurred when choosing one alternative over another.

Differential costs are also known as "incremental costs" because they represent the increase or decrease in costs associated with a specific decision.Fixed costs are those costs that do not vary with changes in production or sales volume. Examples of fixed costs include rent, salaries, insurance premiums, and property taxes. However, fixed costs can still differ between alternatives.For example, if a company is considering two different locations for a new factory, the rent for each location will be a fixed cost that differs between the alternatives. Other fixed costs that may differ between alternatives include equipment costs, marketing expenses, and administrative costs.Differential costs are important to consider when making business decisions because they help to determine the total cost of each alternative and can impact profitability. By comparing differential costs, a company can identify the most cost-effective alternative and make informed decisions that will increase its bottom line.

Learn more about costs here

https://brainly.com/question/28147009

#SPJ11