Andretti Company has a single product called a Dak. The company normally produces and sells 88,000 Daks each year at a selling price of $60 per unit . The companyâs unit costs at this level of activity are given below :
Direct materials $7.50
Direct labor 10.00
Variable manufacturing overhead 1.90
Fixed manufacturing overhead 6.00"
Variable selling expenses 2.70
Fixed selling expenses 3.00 ($264,000 total)
Total cost per unit $35.00
A number of questions relating to the production and sale of Daks follow. Each question is independent.
Required:
a. Assume that Andretti Company has sufficient capacity to produce 114,400 Daks each year without any increase in fixed manufacturing overhead costs. The company could increase its unit sales by 30% above the present 88,000 units each year if it were willing to increase the fixed selling expenses by $140,000. What is the financial advantage (disadvantage) of investing an additional $140,000 in fixed selling expenses?
b. Would the additional investment be justified?
c. Assume again that Andretti Company has sufficient capacity to produce 114,400 Daks each year. A customer in a foreign market wants to purchase 26,400 Daks. If Andretti accepts this order it would have to pay import duties on the Daks of $1.70 per unit and an additional $18,480 for permits and licenses. The only selling costs that would be associated with the order would be $2.00 per unit shipping cost. What is the break-even price per unit on this order?
Answers
Answer:
1a. Incremental net income $ 860,560
1b. Yes, the additional investment will be justified because the cost which is justified as incremental contribution is more than enough to cover for the incremental fixed selling expenses
1c. Breakeven cost for order $ 23.8
Explanation:
Calculation for the contribution margin per unit
Selling price per unit $ 60
Variable cost per unit as
Direct materials 7.50
Direct labor 10.00
Variable manufacturing overhead 1.90
Variable selling expenses 2.70
Total variable cost per unit 22.1
Contribution margin per unit $ 37.9
(60-22.1)
1a. Computation for the incremental operating income
Incremental contribution margin$ 1,000,560
(26,400 units*37.9)
Incremental fixed costs$ 140,000
Incremental net income $ 860,560
Incremental units = 114,400-88,000 = 26,400 units
1b. Yes, the additional investment will be justified because the cost which is justified as incremental contribution is more than enough to cover for the incremental fixed selling expenses.
1c. The breakeven price per unit will not include current fixed costs because the order will be only for the incremental costs of the units
Variable cost per unit as
Direct materials 7.50
Direct labor 10.00
Variable manufacturing overhead 1.90
Variable selling expenses (i.e. shipping cost only) 2
Import duties 1.70
Permits and licenses (18,480/26,400) 0.7
Breakeven cost for order $ 23.8
It should be noted they there'll be a financial advantage as there's an incremental net operating income of $836800.
The financial advantage will be calculated thus:
Increase in sales = 88000 × 30% = 26400Contribution margin per unit = 37Incremental contribution margin = 26400 × 37 = 976800
Less: Added fixed selling expense = 140000.
Incremental net operating income = 836800
Therefore, the additional investment would be justified.
The break-even price per unit on this order will be:
Variable manufacturing cost per unit = 20.3
Shipping cost = 2
Import duties= 1.7
Permits = 0.7
Break even price per unit = 24.7
Learn more about net income on:
https://brainly.com/question/16855907
Related Questions
Stockholders' equity is increased by
A. revenues
B. dividends.
C. liabilities.
D. expenses.
Answers
Stockholders' equity is increased by revenues.
What is stockholders' equity?
Stockholders' equity is the total assets of a firm less the total liabilities. According to the accounting equation, stockholders' equity = assets - liabilities.
Factors that cause asset to increase or liabilities to reduce increases stockholder's equity. For example, an increase in revenue increases stockholder's equity or a decrease in expenses increases stockholder's equity.
To learn more about stockholder’s equity, please check: https://brainly.com/question/26210654
_____ represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills.
Answers
Marketable securities represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills. Hence, option (b) is relevant.
Give a brief account on marketable securities.Marketable securities are readily convertible into cash at a fair price and are highly liquid financial products. Marketable securities are liquid because their typical maturities are shorter than a year, and because the rates at which they can be bought or sold have little impact on their pricing. Businesses generally keep money in reserve to be ready for circumstances where they may need to act quickly, such seizing an acquisition opportunity as it arises or making contingent payments. However, a business will invest a portion of the cash in short-term liquid securities rather than keeping all of the cash in its bank accounts, which offers no possibility to generate interest.
In this way, the company can make money off its cash rather than letting it sit around idly. The company can quickly liquidate these securities if a sudden need for cash arises. Several assets that fall under the marketable securities category are examples of short-term investment products.
To know more about, marketable securities, visit :
https://brainly.com/question/15521056
#SPJ1
The complete question is mentioned below :
_____ represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills.
A. Demand deposits
B. Marketable securities
C. Set-asides
D. Traveler's checks
An actor invests some money at %, and $ more than the amount at The total annual interest earned from the investment is $. How much did he invest at each amount? Use the six-step method.
Answers
no lo se xd pero solo se que hoka
PLZ PLZ HELP HELP HELP YALL ITS IMPORTANT ASAP
Answers
Answer:
1144.95$
Explanation:
375.40 was given every week so multiply by 3 and I got 1126.20.. now annually is the key work and annually means per month so I divide 22500 by 12 and got 18.75. last, I added 18.75 a d 1126.95 and got 1144.95!! Hoped explained well!!
When third-party ownership is involved, applicants who also happen to be the stated primary
beneficiary are required to have:
all statements be warranties
insurable interest in the proposed insured
the agent complete a third-party application
all those involved be family related
Answers
Answer:
insurable interest in the proposed insured
Explanation:
In the case when third-party ownership is included so the applicants are treated as the beneficiary and then needed to have an insurable interest.
The information regarding the third-party ownership should involve the following things:
It refers to the situation where the third party should invest in the economic rights for receiving the share of any type of future transfer.And at the time when the third party is treated as the beneficiary so it should have an insurable interest in the upcoming insured.So, the other options are incorrect.
Therefore we can conclude that In the case when third-party ownership is included so the applicants are treated as the beneficiary and then needed to have an insurable interest.
Learn more about the insurance here: brainly.com/question/13293881
A seller can create value in a customer relationship by nurturing the customer's trust and developing it into____.
Answers
Answer:
Loyalty.
Explanation:
This is seen in different forms in a human being. In an organisational or marketing setting, it is seen to be dicey and do not come by easily; as the quality of the commodity play also key role in getting a customer's loyalty. Such customers are seen to have good raport as good interaction principles and techniques have been used in getting a marketing approach that seem to have made them happy. This form of relationship can be seen to go beyond buying and selling as the customer can be seen to shower or receive other forms of kindness in the process.
Other things being equal, the demand for natural gas will tend to be elastic in the short run than in the long run.
Answers
Other things being equal, the demand for natural gas will tend to be less elastic in the short run than in the long run.
What is elasticity of demand?This is the term that is used to refer to the sensitivity of demand to the prices of other goods and services.
The elasticity of demand has to do with the sensitive demand of the product to the changes in other economic factors.
Read more on elasticity of demand here:
https://brainly.com/question/5078326
#SPJ1
Oakdale Fashions, Inc.’s, 2021 income statement is reported below. (Use corporate tax rate of 21 percent for your calculations.)
Answers
a) The firm's 2021 tax liability was $35,595.
b) The firm's 2021 net income was $133,905.
c) The firm's 2021 average tax rate was 21%.
d) The firm's 2021 marginal tax rate was 21%, same as the average tax rate because companies are subject to a flat federal tax rate of 21%.
What is the tax liability?The tax liability of a firm is the product of the average tax rate and the earnings before tax.
The net income is the difference between the earnings before tax and the tax liability.
Oakdale Fashions, Inc., Income Statement for 2021
Net sales (all credit) $640,000
Less: Cost of goods sold 245,000
Gross profits $395,000
Less: Other operating expenses 120,000
EBITDA $275,000
Less: Depreciation and amortization 18,000
EBIT $257,000
Less: Interest 87,500
EBT $169,500
Less: Taxes $35,595 ($169,500 x 21%)
Net income $133,905 ($169,500 - $35,595)
Learn more about corporate tax liabilities at https://brainly.com/question/16950901.
#SPJ1
Ouranos Resorts would like to send a survey to its guests asking about their satisfaction with the new website design. It would like to have a margin of error of ±6 percent on responses with 99 percent confidence. (a) Using the conservative approach, what sample size is needed to ensure this level of confidence and margin of error? (Round up your answer to the next whole number.) (b) If Ouranos Resorts wanted the margin of error to be only ±3.0 percent, what would happen to the required sample size? (Round up your answer to the next whole number.)
Answers
Answer:
Explanation:
a)
n = (Z^2 * p * (1-p)) / E^2
z score of 99% is 2.576
using conservative approach, p = 0.5
n = (2.576^2 * 0.5 * (1-0.5)) / 0.06^2 = 461
b)
n = (2.576^2 * 0.5 * (1-0.5)) / 0.03^2 = 1844
Using the conservative approach, 460.81 is sample space is needed to ensure this level of confidence and margin of error.
Elaborating :a) margin of error = E = 0.06
At 99% confidence level
α= 1 - 99%
α = 1 - 0.99 =0.01
α/2 = 0.005
Z α/2 = Z0.005 = 2.576
Putting the values:
sample size = n = (Z\(Z_{\alpha /_{2} }\)/ E )² × p × (1 - p)
= (2.576 / 0.06)2 × 0.5 × 0.5
= 460.81
sample size = n = 461
b) margin of error = E = 0.03
sample size = n = (\(Z_{\alpha /_{2} }\) / E )² × p × (1 - p)
= (2.576 / 0.03)² × 0.5 × 0.5
= 1843.27
sample size = n = 1844
How do you employ a conservative strategy?Because the company finances its current assets with a greater proportion of long-term and fewer short-term financing under the conservative strategy, it is less susceptible to rises in short-term interest rates than under the other strategies.
The conservative approach to working capital financing is risk-free. A business that employs this strategy keeps more current assets and, as a result, more working capital. Equity, debentures, term loans, and other long-term funding options finance a significant portion of the working capital.
Learn more about conservative strategy:
brainly.com/question/30433808
#SPJ1
ystem anticipates that spending $300,000 on an advertising campaign will increase bed days by 650. The marketing department anticipates that each additional bed day will yield $2,100 in additional revenue and will increase costs by $1,700. The campaign Group of answer choices will reduce profits by $40,000. will increase profits by $40,000. will increase profits by $90,000. will increase profits by $210,000.
Answers
Answer:
Effect on income= -$40,000
Explanation:
First, we need to calculate the unitary contribution margin:
Unitary contribution margin= 2,100 - 1,700= $400
To calculate the effect on income, we need to use the following formula:
Effect on income= total contribution margin - increase in fixed costs
Effect on income= 650*400 - 300,000
Effect on income= -$40,000
four problems associated with money
Answers
Answer:
Hmm.
Explanation:
Problems making ends meet
Accumulating too much debt.
Making poor purchasing and investing decisions.
Being unable to enjoy money.
(Source; USATODAY.com)
The following is selected information from Whispering Winds Corp. for the fiscal year ending October 31, 2022. Cash received from customers $276000 Revenue recognized 404800 Cash paid for expenses 156400 Cash paid for computers on November 1, 2021 that will be used for 3 years 44160 Expenses incurred including any depreciation 198720 Proceeds from a bank loan, part of which was used to pay for the computers 92000 Based on the accrual basis of accounting, what is Whispering's net income for the year ending October 31, 2022?
Answers
Answer:
$206,080
Explanation:
Calculation for the net income for the year ending October 31, 2022
Using this formula
Net income =Revenue recognized -Expenses incurred
Let plug in the formula
Net income =404,800-198,720
Net income =$206,080
Therefore the the net income for the year ending October 31, 2022 will be $206,080
Cooperton Mining just announced it will cut its dividend from $4.17 to $2.56 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.3 % rate, and its share price was $50.47. With the planned expansion, Cooperton's dividends are expected to grow at a 46% rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk). Is the expansion a good investment?
Answers
Answer: New share price= Price = $35.38. No, it's not a good investment
Explanation:
First, we have to calculate the cost of equity.
Price = Dividend/r - g
Dividend = $4.17 × (1 + 3.3%)
= $4.17 × (1 + 0.033)
= $4.17 × 1.033
= $4.30761
Price = Dividend/r - g
50.47 = 4.30761/r - 0.033
r - 0.033 = 4.30761/50.47
r - 0.033 = 0.08535
r = 0.08535 + 0.033
r = 0.11835
Now, we have to calculate the new price with dividend of $2.56 and g= 4.6%.
Price = Dividend/r - g
Price = 2.56/0.11835 - 0.046
Price = 2.56/0.07235
Price = $35.38
The expansion isn't a good investment because the stock price is s reduced from $50.47 to $35.38
Your losses from a stolen ATM card are unlimited if you fail to report unauthorized use within 30 days after your statement is mailed to you.
a. True
b. False
Answers
Following a systematic plan for the preparation of an e-mail, memo, letter, or oral presentation will make the composition process easier and will help you create more effective business messages. The writing process for business messages includes prewriting, drafting, and revising. Which of the following are steps involved in the prewriting phase of the writing process? Check all that apply. Analyzing Drafting Anticipating Researching Adapting Editing
Answers
Answer: Analyzing
Anticipating
Adapting
Explanation:
The writing process for business messages includes prewriting, drafting, and revising. We should note that the steps involved in the prewriting phase of the writing process:
• Analyzing
• Anticipating
• Adapting
The drafting phase is made up of:
• Researching
• Organizing
• Drafting
The revising phase include:
• Editing
• Proofreading
• Evaluating
Some people argue that the internal control requirements of the Sarbanes-Oxley Act (SOX) put U.S. companies at a competitive disadvantage to companies outside the United States. Discuss the competitive implications (both pros and cons) of SOX.
Answers
Answer:
Explanation:
the sarbane oxley act was introduced due to the high rate of fraud cases that was prevalent in the financial market. It protects investors from fraud.
This answer is to highlight some of the pros and cons of the Act
SOX has both merits and demerits to the companies who implement it.
The Pros are:-
1. After it was the introduced there have been no major cases financial statement fraud in the United States of America. It has been advantageous in this aspect.
2. Financial information has become more reliable than it was in the past. It has brought about an increase in the reliability of financial information to members of the public as certain guidelines have been specified that must be followed by all organizations.
3. it has brought about transparency, no important information is withheld from financial statements.
cons
1. greater cost are required for auditing to be done by an organisation. following sox guidelines auditors put in more efforts
2. the cost of implementation is great. more resources are usually hired by an organization because sox has some procedures that could be said to be complicating.
1. How can you keep your remote team focused during an important virtual team meeting?
Which is correct?
Answers
All three statements (A, B, and C) are correct and can assist a remote team stay focused during an essential virtual team meeting.
What are other ways to Keep a team Focused in a Virtual Team Meeting?There are various plans you can use to keep your team members concentrated during a in virtual group gathering:
Set clear expectations: Communicate your beliefs for the intersection initially. Explain the purpose, goals, and wanted effects of the conference to ensure that all act the alike page.Provide an agenda: Share an program accompanying your group in advance, outlining the points bound for conferred during the gathering. This can help maintain all on track and block the discourse from swerve off-topic.Encourage partnership: Encourage all group appendages to participate in the conference by querying questions, giving their thoughts and plans, and providing response. This can help hold everyone committed and installed in the gathering.Use visual virus: Consider utilizing optic aids in the way that slides, drawings, or charts to help depict key points and maintain the gathering fixated.Limit distractions: Encourage crew appendages to limit interruptions during the conference by curving off announcements, closing other requests, and attracting only on the meeting.Learn more about virtual meeting here: https://brainly.com/question/15293394
#SPJ1
Excuse me, what should I do if there is not enough space? Because the outside size of the container was calculated incorrectly, the entire container has already been filled. How could I deal with the extra dozens of packages? Do they need to be declared separately?
Answers
Answer: yes
Explanation:
Because you said the container is already filled so there for it wouldn't have enough space to put more in it
What are the three phases in purchasing process
Answers
Answer:
It is the journey or buying process that consumers go through to become aware of, evaluate, and purchase a new product or service, and it consists of three stages that make up the inbound marketing framework: awareness, consideration, and decision.
The three steps that make up the inbound marketing framework are awareness, consideration, and decision. This is the path or buying process that customers take to learn about, assess, and acquire a new good or service.
What is purchasing process?The purchasing process refers to the steps a company takes to carry out a purchase. Unlike people, businesses frequently adhere to a structured process when making purchases. Research, input from numerous departments, negotiations, and invoicing may all be required for a business's purchases.
Traditional Purchase Orders were plans for future purchases contracts for purchases known as "blanket purchase orders" or "standing orders".
By employing an effective purchasing strategy, you may cut expenditures. It makes it simpler for you to locate suppliers of low-cost, high-quality goods and services. Possessing a purchase technique will help you to avoid being taken advantage of by con artists.
Thus, The three steps that make up the inbound marketing framework are awareness.
For more information about purchasing process, click here:
https://brainly.com/question/1489991
#SPJ2
what link-building strategy do search engines implicitly approve?
Answers
The link building strategies that the search engines are known to have to approve of implicitly would be the
Nofollowthe sponored links attributesWhat is meant by the link building strategies?This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.
The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.
The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.
Raed more on search engines here:
https://brainly.com/question/504518
#SPJ1
What are the steps to strategic management?
Answers
Answer:
The process of strategic management includes goal setting, analysis, strategy formation, strategy implementation, and strategy monitoring. Let's take a look at how each of these steps ties into the overall strategic management process. The first part of strategic management is to plan and set your goals.Nov
19. Which of these are active-duty members entitled to?
O priority enrollment
O tuition assistance
O priority in choosing classes
O free full education in any school they choose
Answers
Answer: B) tuition assistance
Explanation:
1. $4,076.92
2. Assets = Liabilities + Equity
3. They can be used to make online purchases.
4. by using an emergency fund for this unplanned expense
5. a fund with a minimum investment that tracks the value of cash
6. 1930s
7. Banks because they are highly regulated by the government, so the loan terms will not be predatory.
8. their vacation cabin
9. You should shop around for the best overall deal.
10. If you use a credit card, it is easy to run up huge debts.
11. They are tied directly to your bank account.
12. preventative care
13. $100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage
14. how long the coverage lasts, how much the premium costs, and the cash value
15. 1-year renewable group term life
16. Identity thieves can intercept unencrypted data being sent to Wi-Fi hot spots.
17. Wells Fargo employees were opening unauthorized deposit and credit accounts for its customers.
18. 2 year in state community college degree
19. tuition assistance
20. -a sundae, -movie tickets
All of these answers are correct!
Personal Finance Semester Exam
5/12/2023
A share of common stock in the hands of a stockholder carries with it certain rights. Among those rights is
A) a claim on the assets of the corporation second only to that of the company's secured creditors.
B) entitlement to receive profits through dividends when distributed and the right to vote for who will serve on the board of directors.
C) entitlement to receive profits through dividends when distributed but not the right to vote for who will serve on the board of directors.
D) entitlement to receive profits through dividends when distributed and the right to vote for the amount of that dividend.
Answers
Entitlement to receive profits through dividends when distributed and the right to vote for who will serve on the board of directors.
The correct option is B.
What it means to be a stockholder?Owners of an organization's existing shares, also known as shareholders or stockholders, are entitled to a piece of the company's remaining assets, earnings, and voting power.
Do shareholders own the business?Legally speaking, stockholders are not the corporation's owners (they own securities that give them a less-than-well-defined claim on its earnings). They don't have the last say in the majority of major company decisions in law or practice (boards of directors do). A shareholder or stockholder of a firm is somebody who has shares of that company. A shareholder may be an individual, a group, or another business.
To know more about Stockholder visit:
https://brainly.com/question/18523103
#SPJ4
Taisha operates equipment to transfer oil from one container to another. Her job title is best described as
Spencer manages the flow of electricity through substations and distribution lines. His job title is best described as
Mariko maintains cables and supporting structures for transmitting electricity. Her job title is best described as
Fred operates equipment to transfer hydrogen through pipelines. His job title is best described as
Answers
Answer:
she would be the pump opperater
Explanation:
Answer:pump operator
Power dispatcher
Electrical power-line repairer
Gas pumping station operator
Explanation:
Identify the rights of employees that are covered by the Wagner and Taft Hartley Acts.
A. The right to nominate candidates for union office.
B. The right to participate in union meetings and secret ballot elections.
C. The right to choose whether they join a union.
D. The right to examine a union's financial records.
E. The right to block non-striking employees from entering the workplace.
Over the past 35 years (early 1980s to the present) union membership in the public (or government) sector has been relatively constant at
A. 10 percent
B. 35 percent
C. 50 percent
D. 60 percent
E. one million workers.
Answers
The rights of employees covered by the Wagner and Taft Hartley Acts is the right to choose whether they join a union. Option C.
Over the past 35 years, union membership in the public (or government) sector has been relatively constant at 35 percent. Option B.
What are Wagner and the Taft-Hartley Acts?The Wagner (1935) and the Taft-Hartley (1947) Acts are U.S. federal laws that gave employees the right to join unions.
Wagner Act helped to pass the National Labour relations Act, which tremendously expanded the rights of labor workers by allowing them to join organized trade unions and bargain for better working conditions.
However, Taft-Hartley Labor Management Relations Act extended and amended Wagner Act and placed many new restrictions on labor unions in the United States.
The union membership rate in the U.S. public (or government) sector has been relatively constant at 35 percent.
Learn more about Wagner Act and Taft-Hartley Act at brainly.com/question/179897.
#SPJ1
What was the United States federal budget deficit in 2019?
Oslightly less than $100 billion
Oslightly less than $1 trillion
Oslightly more than $1 trillion
Oslightly more than $100 billion
Answers
The United States federal budget deficit in 2019 was slightly more than $1 trillion.
This significant deficit was primarily due to a combination of increased government spending and reduced tax revenues. The government implemented policies such as tax cuts and increased spending on defense and entitlement programs, which contributed to the widening deficit.
Factors like economic growth slowing down and rising interest payments on the national debt also played a role. The deficit has implications for the national debt, as the government needs to borrow money to cover the shortfall.
It highlights the ongoing challenge of balancing government expenditures with revenue and underscores the importance of fiscal responsibility in managing the nation's finances.
Learn more about budget here:
https://brainly.com/question/15683430
#SPJ1
Write correctly using parallelism by starting each item off with a gerund.
Olympic athletes usually like practicing, competing, and to eat ice cream sandwiches.
Answers
Olympic athletes usually like practicing, competing, and eating ice cream sandwiches.
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
For such more question on net loss:
https://brainly.com/question/28390284
#SPJ8
According to College policy, what is the most severe sanction for academic
misconduct?
written or verbal warning
failure of a course
expulsion from the College
expulsion from the College and legal action
Answers
According to College policy, is the most severe sanction for academic misconduct written or verbal warning.
What type of academic misbehavior is the most serious?The most serious type of academic dishonesty, contract cheating or commissioning, involves having someone else complete your work and submit it as their own. It can entail using "essay mills," dishonest businesses that charge students money to complete tasks.
What are the four offenses that constitute academic misconduct?Cheating.
Plagiarism.
falsehood or fabrication.
Sabotage.
What type of academic misconduct occurs the most frequently?The most typical form of academic dishonesty—and the one that is also the simplest to accidentally commit—is plagiarism.
To Know more about College policy,
https://brainly.com/question/3290650
#SPJ1
According to the random-walk hypothesis, uncertainty about future income does not affect consumption, however, uncertainty does affect utility. Discuss how uncertainty about consumption affects expected lifetime utility using the log utility function u(ct) = log(1−act) as your instantaneous utility. (ii) Using the instantaneous utility above, show that the utility function exhibit increasing relative risk aversion (IRRA) as wealth increases and which individuals is it consistent with in the economy? (iii) The random-walk hypothesis argues that change in consumption is unpredictable. Dis- cuss this with the necessary derivations. (iv) Derive the equity premium puzzle and discuss the intuition behind your derivation. How can governments benefit from the equity premium puzzle?
Answers
Answer:
i dont really understand
Explanation:
im looking for a research assistance to help me find solutions