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NEW QUESTION: 1
You have a choice of accepting a fixed price contract for $115,000 with a liquidated damages clause or $100,000 without the clause. There is a 60% chance your cost will be $90,000 and 40% chance your cost will be $80,000. There is a 98% chance of meeting your schedule but the penalty if missed is $50,000. Which is the best contract choice and how much profit would you make?
A. Contract with the clause; profit is $14,000
B. Contract without the clause; profit is $27,980
C. Contract without the clause; profit is $14,000
D. None of the above
Answer: D
Explanation:
A liquidated damages clause is a clause in the contract that specifies a dollar amount to be paid if some provision of the contract is not met. It is a way of contractually setting the damages for some failure to perform. The answer to the problem is (from a previous post):You get the expected value multiplying an outcome by the probability of it occurring, and adding up these products for all outcomes. For the contract without the clause, you get paid $100,000. One outcome is that you will spend $90,000. Your profit will be $10,000. There is a 60% chance of this outcome occurring, so you get $10,000*0.6=$6,000. The other outcome is that you will spend $80,000. Your profit will be $20,000. There is a 40% chance of this outcome occurring, so you get $20,000*0.4=$8,000. If you add these two up, you get$14,000. If you decide to take the $100,000 contract, your "average" profit will be $14,000.For the contract with the clause, you get paid $115,000. If you will spend $90,000, your profit will be $25,000. There is a 60% chance of this outcome occurring, so you get $25,000*0.6=$15,000. If you spend $80,000, your profit will be $35,000. There is a 40% chance of this outcome occurring, so you get $35,000*0.4=$14,000. Since the problem doesn't say otherwise, assume that no matter how much you spend, there is a 2% of missing the schedule. If you do, you pay $50,000. $50,000*0.02=$1,000. You will subtract this amount from the total, since this money would come out of your profit. If you add these all up, you get $15,000+$14,000-$1,000=$28,000. If you decide to take the $115,000 contract with the liquidated damages clause, your "average" profit will be $28,000.Answer contract with clause, expected profit $28,000.

NEW QUESTION: 2
You operate in a country whose unstable currency makes it unsuitable for managing your day-today business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency.
What would be your recommendation when defining ledgers?
A. Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency.
B. Define Balance-Level Reporting Currencies in the more stable currency and run Translation as often as you need.
C. Run Revaluation as often as you need to the more stable currency and report on the more stable currency'sbalances.
D. Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency.
Answer: A
Explanation:
Reference:
http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20374/F484499AN16AFA.htm

NEW QUESTION: 3
By default, what are three valid routing tables? (Choose three.)
A. inet.3
B. inet6.0
C. inet.6
D. inet.0
E. inet4.0
Answer: A,B,D

NEW QUESTION: 4
Cisco Firepower Appliance 8130で1つのネットワークから別のネットワークにタグなしVLANトラフィックを渡すには、どのタイプのインターフェイスが必要ですか？
A. ハイブリッド
B. 論理スイッチ
C. 論理ルーティング
D. 物理ルーティング
Answer: D
Explanation:
Explanation
Explanation/Reference
Physical routed interfaces are physical interfaces with routing configured. Uses physical routed interfaces to handle untagged VLAN traffic..
https://www.cisco.com/c/en/us/td/docs/security/firepower/hw/firepower_device/firepower_7k 8k_device.pdf