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#150155: Q: Use the following results: In the judicial case of United States v. City of Chicago, discrimination...
Use the following results: In the judicial case of United States v. City of Chicago, discrimination was charged in a qualifying exam for the position of Fire Captain. In the table below, Group A is a minority group and Group B is a majority group. Passed Failed Group A 10 14 Group B 417 145 a) If one of the test subjects is randomly selected, find the probability of getting someone who passed the exam. b) Find the probability of randomly selecting one of the test subjects and getting someone who is in Group B or passed. c) Find the probability of randomly selecting two different test subjects and finding that they are both in Group A. d) Find the probability of randomly selecting one of the

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#150154: Q: Use the following payoff matrix for a one-shot game to answer the accompanying questions
Use the following payoff matrix for a one-shot game to answer the accompanying questions. a. Determine the Nash equilibrium outcomes that arise if the players make decisions independently, simultaneously, and without any communication. Which of these outcomes would you consider most likely? Explain. b. Suppose player 1 is permitted to ?communicate? by uttering one syllable before the players simultaneously and independently make their decisions. What should player 1 utter, and what outcome do you think would occur as a result? c. Suppose player 2 can choose its strategy before player 1, that player 1 observes player 2?s choice before making her decision, and that this move structure is known

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#150153: Q: Use the following information to prepare the July cash budget
Use the following information to prepare the July cash budget for Anker Co. It should show expected cash receipts and cash disbursements for the month and the cash balance expected on July 31. a. Beginning cash balance on July 1: \$63,000. b. Cash receipts from sales: 30% is collected in the month of sale, 50% in the next month, and 20% in the second month after sale (uncollectible accounts are negligible and can be ignored). Sales amounts are: May (actual), \$1,700,000; June (actual), \$1,200,000; and July (budgeted), \$1,400,000. c. Payments on merchandise purchases: 90% in the month of purchase and 10% in the month following purchase. Purchases amounts are: June (actual), \$620,000; and July (

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#150152: Q: Use the following information to prepare a multistep income statement and a classified balance sheet...
Multistep income statement and balance sheet Required Use the following information to prepare a multistep income statement and a classified balance sheet for Reza Equipment Co. for 2010. Salaries expense \$ 96,000 Interest receivable (short term) \$ 500 Common stock 40,000 Beginning retained earnings 18,100 Notes receivable (short term) 12,000 Operating expenses 70,000 Allowance for doubtful accounts 4,000 Cash flow from investing activities 80,000 Accumulated depreciation 30,000 Prepaid rent 9,600 Notes payable (long term) 103,600 Land 36,000 Salvage value of building 4,000 Cash 17,800 Interest payable (short term) 1,800 Inventory 122,800 Uncollectible accounts expense 10,800 Accounts payabl

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#150151: Q: Use the following information to prepare a classified balance sheet for Little Co. at the end of...
Preparing a classified balance sheet Required Use the following information to prepare a classified balance sheet for Little Co. at the end of 2010. Accounts receivable \$42,500 Accounts payable 12,500 Cash 16,230 Common stock 40,000 Long-term notes payable 27,000 Merchandise inventory 31,000 Office equipment (net) 27,000 Retained earnings 40,430 Prepaid insurance 3,200

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