XYZ is a paint product manufacturer, and one of the plants is experiencing a substantial increase in demand. The future demand for the products could be low, medium, or high, with probabilities estimated to be 25%, 50%, and 30%, respectively. The company wants to determine the financial impact associated with the three decision alternatives under the varying levels of demand. Given the following payoff matrix, compute the expected regret for the option of subcontracting additional capacity.
a. $10.6 M
b. $21.5 M
c. $9.5 M
d. $14 M
a. $10.6 M
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On July 1, 2016, Rio Corporation issued bonds with a face value of $100,000 and 12% interest payable semiannually. The bonds mature on June 30, 2021. The market rate of interest at the time of issuance was 14%, so the bonds were issued at a discount of $7,054. Using the effective interest method, the amount of discount that should be amortized by Rio on December 31, 2016, is
A) $702.35. B) $506.22. C) $493.75. D) $423.21.
A message that only hints at why you are writing includes a(n) _____
A) implicit request B) direct request C) formal request D) persuasive request E) goodwill message
Which of the following is one of the reasons for using smarter and more efficient packaging methods?
a. to increase the amount of packaging material they use b. to increase the space required on pallets and in containers c. to increase the carbon footprint d. to be more socially responsible
Annie Leonard buys a computer from Technicon Co for $2,000 on terms. Annie puts $100 down as a deposit, promising to return in a week with the balance and pick it up. She decides not to complete the deal
Technicon's profit on a computer sale is $1,000. What happens now? A) Annie can get her deposit back. B) Technicon can keep the deposit but cannot sue Annie for the loss of profit. C) Technicon can keep the deposit and sue Annie for $1,000. D) Technicon must refund the deposit but then can sue Annie for the loss of profit. E) Technicon can keep the deposit, deliver the computer to Annie, and sue her for $2,000.