The efficiency of sample information multiplied by the expected value of perfect information is ________

Fill in the blank with correct word.


Answer: the expected value of sample information

Business

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How is broadcast speech regulated by the federal government?

What will be an ideal response?

Business

When a company is preparing a budgeted statement of cash flows, the payments to suppliers for purchases of direct materials can be obtained from the ________

A) cash budget B) sales budget C) production budget D) budgeted balance sheet

Business

Charles Blake told Wendy that he was an agent for Easy Pay Life Insurance Company. He presented no credentials

He asked Wendy some questions about her health and activities, and recorded the answers on scrap paper. He collected a $250 cash premium from Wendy. When Wendy did not receive a policy from Easy Pay, she contacted the company. Easy Pay said they do not have an agent named Charles Blake. Easy Pay is not responsible for Wendy's loss of $250 because A) the principal is never responsible for the acts of its agents. B) there is no presumption of an agency relationship. C) limitations can be placed on the powers of agents. D) knowledge of the agent is assumed to be knowledge of the principal.

Business

Plummet Corporation reported the book value of its net assets at $400,000 when Zenith Corporation acquired 100 percent ownership. The fair value of Plummet's net assets was determined to be $510,000 on that date.Based on the preceding information, what amount will be recorded by Zenith as its investment in Plummet, if it paid $500,000 for the acquisition?

A. $400,000 B. $510,000 C. $610,000 D. $500,000

Business