Consider Watto's junk shop from Problem 3 in Assignment 7. The Jawas require 10 credits (non-refundable) each day they go out looking for an engine. If they are successful in finding one, Watto will pay transport of the engine to his shop. It costs him about 160 credits in spare parts to repair the engine when it comes in. Watto estimates that an angry pilot (one that is unable to find an engine in Watto's shop) costs him about 100 credits in bad publicity. Watto sells all his engines for 1000 credits each. an additional 80 credits to complete the (a) What is the probability Watto has a full inventory? (b) What is the expected purchasing and restoration cost per day? (c) What is the expected total lost sales cost per day? (d) What is the expected gross revenue per day? (e) What is Watto's expected profit (including lost sales cost)?

Each of the following scenarios is based on facts in anactual fraud. categorize each scenario as primarily indicating (1) anincentive to commit fraud, (2) an opportunity to commit fraud, or(3) a rationalization for committing fraud. also state your reasoningfor each scenario. a. there was intense pressure to keep the corporation ' stock from declining further. this pressure came from investors, analysts, and the ceo, whose financial well-being was significantly dependent on the corporation ' s stock price. b. a group of top-level management was compensated (mostly in the form of stock-options) well in excess of what would be considered normal for their positions in this industry. c. top management of the company closely guards internal financial information, to the extent that even some employees on a “need-to-know basis” are denied full access. d. managing specific financial ratios is very important to the company, and both management and analysts are keenly observant of variability in key ratios. key ratios for the company changed very little even though the ratios for the overall industry were quite volatile during the time period. e. in an effort to reduce certain accrued expenses to meet budget targets, the cfo directs the general accounting department to reallocate a division’s expenses by a significant amount. the general accounting department refuses to acquiesce to the request, but the journal entry is made trough the corporate office. an accountant in the general accounting department is uncomfortable with the journal entries required to reallocate divisional expenses. he brings his concerns to the cfo, who assures him that everything will be fine and that the entries are necessary. the accountant considers resigning, but he does not have another job lined up and is worried about supporting his family. therefore, he never voices his concerns to either the internal or external auditors. f. accounting records were either nonexistent or in a state of such disorganization that significant effort was required to locate or compile them.

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?