Colleague responsibilities related to compliance include which of the following:________. A. Report if you have been placed on a

Answer:

2 Days

Explanation:

To clarify, we need to restate the utility function for clarity

U=V^{1/2}

1. Probability of an illness occurring in the family is 20%

2. If an illness occurs, the total number of days impacted is calculated as:

Total vacation days = 10 days x Probability of illness = 20%

= 10 x 0.2 = 2 days

This indicates that should an illness occur based on this probability, 2 out of the 10 vacation days will be affected

3. The number of remaining vacation days to enjoy would thus be 10-2 = 8 days

This indicates that even after accounting for 2 days of potential illness, the family can still enjoy their vacation period.

V= 2 days

Answer:

The real exchange rates calculated are 4.5 and 3

Explanation:

We understand that

Real exchange rate = Nominal exchange rate × (Basket cost in US ÷ Basket cost in Norway)

Utilizing this formula, the calculation proceeds as follows:

For a nominal exchange rate of 3, the real exchange rate is calculated as follows:

= 3 × (60 ÷ 40)

= 4.5

= 2 × (60 ÷ 40)

= 3

Answer:

To achieve a strong credit score, one must consistently manage debt repayments since they began borrowing.

Your friend is mistaken in thinking that everyone who made all payments on time within a single year has a high credit score, as this view overlooks prior years' activities.

Some individuals might have missed payments on earlier loans but managed to maintain timely payments in 2015. Although this can enhance their credit score, the score would still reflect a lower value due to previous behaviors that negatively impacted it.

Response:

The yearly average return stands at 9.6 %

Clarification:

Calculating the average return

Assuming the price per share is 100

                                                       Initial    Growth             Final

                                                         Value            %                   Value

Company A  50 % at 100                5,000              8 %                 5,400

Company B 30 % at 100                 3,000              12 %                3,360    

Company C 20 % at 100                  2,000             10 %                2,200

Total amounts                             10,000                                     10,960

To find the average return, take the increase in value over the base, divided by the base

10,960 -  10,000  =  960/ 10000  = 9.6 % average return

Response:

Clarification:

Last year's customer orders totaled 15000

Predicted orders for next year with a 15% rise = 15000 x 1.15 = 17250

Each customer order takes 1.5 hours to fulfill

Total time needed to satisfy customer orders = 17250 x 1.5 = 25875

Knowing that the standard work year comprises 2000 hours

Hence, the effective work year with a 2% capacity cushion

= Standard work year x ( 1 – Capacity cushion %/100)

= 2000 x 0.98  = 1960 hours

Workers required by manager

= Total time needed for orders / effective work year

= 25875 / 1960  = 13.20, rounded to 13

Thus, the manager will require 13 workers next year