Inter governmental relationships are a concern

As a jewelry store manager, you want to offer credit , with interest on outstanding balances paid monthly. To carry receivables, you must borrow funds from your bank at a nominal 6%, monthly compounding. To offset your overhead, you want to charge your customers an EAR (or EFF%) that is 2% more than the bank…

Exam 3 – ReviewStudent: ___________________________________________________________________________ 1. In which type of market can firms increase output without having to lower the price of their product?A. Monopoly marketsB. Imperfectly competitive marketsC. Discriminatory marketsD. Competitive marketsE. Oligopoly markets 2. Refer to the graph below: If this industry changes from pure competition to monopoly, price changes fromA. P3 to…

Firm A is expected to operate for three periods (and only three periods), and pay out dividends according to the following schedule. The company has 100 shares outstanding. Year 1 Dividend = $2,500, Year 2 Dividend = $3,000, Year 3 Dividend = $3,500. Using the Cost of Equity of 10.54%, what’s the per-share value of…

There is a screening test for a rare disease that affects 1.5% of the population. Unfortunately, the reliability of this screening test is only 70%. What it means is that it gives a false positive result 30% of the time. Fortunately, there is no false negative. Suppose if you are tested positive for this rare…

Describe the effects that the statistical information on a specific race or ethnicity in the areas of health, crime, employment, or education may have in terms of being a predictor of behavior. Provide your opinion on the most likely effects these statistics will have on an individual.African American people are the hardest race to get…

A random sample of 91 customers, who visited a department store, spent an average of $82 at this store. Suppose the standard deviation of expenditures at this store is ? = $17. The 98% confidence interval for the population mean (rounded to two decimal places) is:The lower limit is $The upper limit is $