Two voters, al and bill, are each choosing between one of three candidates—1, 2, and 3—who are running for city council. an expe
rimental outcome specifies both al’s choice and bill’s choice, e.g., the pair (3,2). (a) list all elements of s. (b) list all outcomes in the event a that al and bill make the same choice. (c) list all outcomes in the event b that neither of them votes for candidate 2.
The number of outcomes that each of them will have to choose anyone at random is calculated below. n = 3 x 3 = 9 This is because, Al will have 3 choices and similarly, Bill will also have three choices. These outcomes are as written below. S = (1,1), (1,2), (1,3), (2, 1), (2,2), (2, 3), (3, 1), (3, 2), and (3,3)
Part B: To make the same choice, there will only be three outcomes. These are: S = (1, 1), (2, 2) and (3, 3)
Part C: If neither of them will vote for 2, there will only be four outcomes. This is because each of them will only have two choices. These are: S = (1, 1), (1, 3), (3, 1), and (3,3)
<em>Cost of equity can be ascertained using the dividend valuation model. The model states that the price of a stock is the present value of future dividends discounted at the required rate of return. </em>
Ke=( Do( 1+g)/P ) + g
g- growth rate in dividend, P- price of the stock, Ke- required return, D- dividend payable in now
DATA
D0- (1+g) = 5.05
g- 3.60%
P- 77.75
Note that the D0× (1+g) simply implies the dividend expected in year one, that is one year from now. And this has been given as 5.05 in the question, hence there is no need to apply the growth rate again.
Cost of equity = (5.05/77.75 + 0.036)× 100= 10.095%
Ending inventory is greater than beginning inventory when purchases are less than cost of goods sold.
Explanation:
Ending inventory is greater than beginning inventory when purchases are less than cost of goods sold is the wrong answer option
Ending inventory is the amount of inventory a company has in stock at the end of it's fiscal year. It is the beginning inventory plus net purchases minus cost of goods sold.
When the beginning inventory is greater than the ending inventory, then has been sold in the period than you bought.
During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital account at the point of final cash distribution, which means that debit ( deficiency means partner has debit in capital).
<h3><u>What is liquidation of capital ?</u></h3>
In the fields of finance and economics, liquidation refers to the process of closing down a firm and distributing its assets among claimants.
It is an occurrence that typically takes place when a business is bankrupt, or unable to make its debtpayments on time.
As business activities come to an end, the residual assets are distributed to shareholders and creditors according to the order of priority of their claims. General partners might be dissolved.
The sale of subpargoods at a pricebelow what it would cost the company to produce them or below what the company would want to charge is referred to as "liquidation."