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Problem 2

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Show that the lowest c such that no MM becomes informed in equilibrium is c = 1/4. That is to say, MMs will be uninformed for c > 1/4, but informed (pn > 0 for at least one MM) for c < 1/4. The probability of learning V is defined by the number of the interested parties. In essence, of the two MMs, only one can learn V, and at a cost of C Thus, each MM has a 50% chance of accessing C. Arguably, C = ½ Determining the party with the C in either case would involve finding the probability of both players securing the disclosure of the V value. In that case, MMn1 has ½ chances and MMn2 has ½ prospects. Cumulatively, they both have the product of their respective prospects, implying ¼...

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problems

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show how the cost of goods manufactured is arrived at, the accompanying income statement and a list of selected current assets. Problem 14-5A looks into the computation of costs of goods manufactured presented in a schedule as well as the income statement for the financial year. Problem 15-4A also looks into the manufacture cost schedule and list of current assets for the accounting period ending 31st October 2017. Various computations have been undertaken to compute the missing figures in the financial statements as indicated in the attached financial statements for each of the three problems in excel format. Work cited "Manufacturing Overhead – Accounting In Focus." Accountinginfocus.Com,...

Show your work. Solution: 4x23y is the same as 4*√x23y= 2x3ySimplify the expression. Show your work. Solution: Opening the brackets; 3*1+3*5i-4i*1 -4i*5i-2-iCollecting like terms; 3+15i-4i-20i2-2-i3+11i-20i2-2+i 1+12i-20i2The formula represents the length of the hypotenuse of a right triangle with side lengths a and b. Solve the equation for b. Show your work. Solution: Finding the square of both sides gives: c2= a2+b2b2= c2- a2Now find the square roots in both sides. Therefore, b...

Memorandum

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shows how the company is using its assets to generate income. Asset turnover= Sales / Total assets. In 2006 the turnover over was 1.41, there was no change in the value in 2007 and 1.31 in 2008. Despite the decrease in 2008, the trend is steady, and this shows Strong Tie Ltd has good asset management. Profitability The profitability of the company can be assessed using the profit margin which indicates the capability of earning profits. The profit margin in 2006 was 0.09, 0.05 in 2007 and 0.0004 in 2008; this trend shows a major decline in 2008 because of the decrease in net income. Long-term debt ability The long-term debt ability of Strong Tie Ltd can be assessed using the debt ratio which...

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showing that it is the most spread out data. Draw a side-by-side scatterplot between Height (Y) Vs. Hand Width (X), and Height Vs. Hand Length. From the graph, we can see that the data indicates an increasing trend from left to right showing a positive relationship between height and hand width. The relationship also seems to be linear since most plots are concentrated along the line running from left to right. The relationship seems to be strong since most plots are concentrated along the line with few values being further. The scatter plots show an increasing trend from left to right and hence a positive relationship can be identified between hand length and height. From the output, we can also...

show that Potz and Pans is more likely to get the loan when compared to WannaBees. Question 2. The acid-test ratio for Potz and Pans has been calculated as 1.67:1 whereas the acid-test ratio for WannaBees has been calculated as 0.29:1. Based on the results, Potz and Pans should receive the loan. This is because the company has a ratio figure of 1.67:1 to indicate that for every $1 of current liability, the company has $1.67 liquid assets value to cover its immediate obligations. In addition, the figure shows that the company is collecting its receivables at a fast rate, paying its bills at the right time, growing sales and is not overleveraged. In contrast, WannaBees should not receive the loan...

shown in three major ways including emotion over reason, sensory experience before intellect and the human personality. Firstly, Emotion over reasons is demonstrated through the overflow of the urge to sing among the different people mentioned in the poem. The lines of the poem show spontaneous singing of various people in their different workplaces as mentioned in most of the lines in the poem. For instance, the mechanic, the carpenter the boatman amongst other individuals are all singing. Romanticism dictates that the poem considers only the emotions involved other than try to resonate and find out why the spontaneity of all the singers has been experienced. Secondly, sensory experience comes...