Answer:
Milner's Star Express Cleaning
Income Statement For the Year Ended December 31, 20--
Fees Earned 13,835
Utilities Expense 153
Rent Expense 1,200
Wages Expense 1,650
total expenses <u> 3,003 </u>
net income 10,832
Explanation:
We will subtract the expenses account from the fees earned to get net income
The other accounts will be ignores as they are not used in the calculations for the net income
Answer: b. The premium reflecting the risk that unanticipated events will occur over the term of the security.
Explanation:
The Maturity Risk Premium refers to an additional rate of return that is put on a long term instrument such as a bond to cater for unanticipated events during the time that the bond is to be held.
For example, there is a risk that inflation rates could rise sharply.
This is why the Maturity Risk Premium is important. To ensure that returns are stable even if such events occur.
Answer:
Explanation:
Base on the scenario been describe in the question, the algorithm that describe professor Dumbledore’s problem, or correctly
reports that there is no valid assignment whose total cost is finite is written as follows; Dumbledore needs to assign instructors to committees so that (1) each committee is full, (3) no
instructor is assigned to more than three committees, (2) only suitable and willing instructors
are assigned to each committee, and (4) the total cost of the assignment is as small as possible.
Describe and analyze an efficient algorithm that either solves Dumbledore’s problem, or correctly
reports that there is no valid assignment whose total cost is finite
.
Total No of Units=12600+23400
=36000 units
Ski=12600/36000=35%
Snorkel=23400/36000=65%
