nsider the "St. Petersburg paradox" game: Toss a coin. If heads on this first throw, the payoff = $1 and the game is over. If not, toss the coin again. If heads on the second throw, the payoff = $2 and the game is over. If not, toss the coin again. If heads on the third throw, the payoff = $4 and the game is over. The game continues this way If the first time heads shows is on throw k, the payoff S2 and the game is over Suppose an individual with utility function U(z) -z1/2 What is the expected utility to this individual, of playing the game? What is the certainty equivalent of playing the game?

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e. g. -15,000 or parentheses e. g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

What is the difference between secure bonds and naked bonds?

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan