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Astira Taimin
Answers (6)
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In the classic 1960s macabre comedy Dr.Strangelove, the Soviet Union constructed a Doomsday Machine which would end all life on earth if ever the Soviet Union were attacked.When playing against a rational opponent, the existence of such a machine would be of great benefit to the Soviets.
On Jul 14, 2024
True
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Why do loan agreements often contain covenants tied to accounting numbers? Are there any disadvantages to this common practice?
On Jul 13, 2024
Accounting uses a set of generally accepted principles to measure a wide array of business activity.It is hard to conceive of some action that management might take that does not directly,or indirectly,affect accounting numbers.Thus,accounting numbers are a convenient way to monitor management's actions or measure their success at running the company.Because the financial statements are audited by independent accounting firms,lenders can be assured that the reported numbers are relatively free from error and material misstatements.In addition,the borrower (company)must produce financial statements anyway,so there is no added out-of-pocket cost to using these same statements as a basis for loan agreements.There are,however,some disadvantages to using accounting numbers in loan covenants.Even though the financial statements are audited,management still has some discretion over the reported amounts and note disclosures.Opportunistic reporting can never be completely ruled out.Examples include voluntary accounting method changes and changes in accounting estimates.Another potentially negative factor to consider is that accounting-based loan covenants can be influenced by mandatory accounting changes imposed by the FASB or other regulatory group.Lenders may feel that such changes detract from the ability of accounting numbers to accurately portray changes in a borrower's credit risk.Also,mandatory accounting changes may cause borrowers to be in technical violation of debt covenants even though there has been no real change in underlying default risk.
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What should be the focus of the Work Experience section of the résumé?
A) Responsibilities of the job
B) Job title
C) Reason for leaving the position
D) What was accomplished in each position
E) Volunteer efforts
A) Responsibilities of the job
B) Job title
C) Reason for leaving the position
D) What was accomplished in each position
E) Volunteer efforts
On Jun 14, 2024
D
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A beneficial technological change is developed in the production of cranberries.At the same time,scientists discover that cranberries have significant health benefits.This will result in:
A) an increase in both the equilibrium price and quantity in the cranberry market.
B) an increase in the equilibrium quantity and an uncertain effect on the equilibrium price of cranberries.
C) a decrease in both the equilibrium price and quantity in the cranberry market.
D) a decrease in the equilibrium price and an uncertain effect on the equilibrium quantity of cranberries.
A) an increase in both the equilibrium price and quantity in the cranberry market.
B) an increase in the equilibrium quantity and an uncertain effect on the equilibrium price of cranberries.
C) a decrease in both the equilibrium price and quantity in the cranberry market.
D) a decrease in the equilibrium price and an uncertain effect on the equilibrium quantity of cranberries.
On Jun 13, 2024
B
AT
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Refer to Table 7-12. If the price of the good is $20, how many units will be demanded?
On May 15, 2024
Three units will be demanded.
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List three forms of harassing conduct.
On May 14, 2024
Harassing conduct may include racist epithets, raunchy jokes, and ethnic slurs.