A vehicle pulls out onto a single-lane highway that has a flow rate of 300 veh/h (Poisson distributed). The driver of the vehicle does not look for oncoming traffic. Road conditions and vehicle speeds on the highway are such that it takes 1.7 seconds for an oncoming vehicle to stop once the brakes are applied. Assuming a standard driver reaction time of 2.5 seconds, what is the probability that the vehicle pulling out will get in an accident with oncoming traffic?

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u. s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?