At the beginning of each year, my car is in good, fair, or broken-down condition. A good car will be good at the beginning of next year with probability .85; fair with probability .10; or broken-down with probability .05. A fair car will be fair at the beginning of the next year with probability .70 or broken-down with probability .30. It costs $6,000 to purchase a good car; a fair car can be traded in for $2,000; and a broken-down car has no trade-in value and must immediately be replaced by a good car. It costs $1,000 per year to operate a good car and $1,500 to operate a fair car. Should I replace my car as soon as it becomes a fair car, or should I drive my car until it breaks down? Assume that the cost of operating a car during a year depends on the type of car on hand at the beginning of the year (after a new car, if any, arrives).

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u.s. parent on bank deposits held in london d. interest received by a u.s. parent on a loan to a subsidiary in mexico e. principal repayment received by u.s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u.s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

4.     chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c   incorrect which is right answer

To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.