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Risk-neutral Icarus Airlines must commit now to leasing 1, 2, or 3 new airplanes. It knows with certainty that on the basis of business travel alone, it will need at least 1 airplane.  The marketing division says that there is a 50% chance that tourism will be big enough for a second plane only.  Otherwise, tourism will be big enough for a third plane.  This, plus revenue information, yields the following table:   Planes                Tourism Revenue                   Expected              Leased            Light                Heavy                 Profit        2                      $90 million      $30 million         $60 million               3                      $10 million      $140 million       $75 million   What is the value to Icarus Airlines of complete information? Make sure you explain the calculations.

Melissa’s optimal consumption is indicated in the diagram below for three different income levels.  For Melissa are park visits a normal or inferior good?  Explain your answer.    

Which of the following factors will influence the action of antimicrobial agents?

The best prevention for UTIs is ________.

Once an infected dog produces a Paragonimus kellicotti egg, what must happen before the life cycle  can advance?

Using the numbers 1-4, label the correct sequence of events for the Gram staining procedure.____ Apply iodine for 1 minute to the smear and rinse____ Add crystal violet for 60 seconds and rinse____ Add 95% ethanol for 10-20 seconds and rinse____ Apply safranin for 60 seconds and rinse

_________have the highest resistance to physical and chemical controls.

Coggins is the test for

Anderson Aeronautics will report a 2015 Net Income of $1,600,000   Prior to reporting this net income (and the rest of their income statement), the company wants to determine its annual dividend. The company has 150,000 shares of common stock outstanding, and its stock trades at $28 per share. The company had a 65% payout ratio in 2014.   a. If Anderson wants to maintain its 2014 payout ratio in 2015, what will be its per-share dividend in 2015?   b. The company reported net income of $2,000,000 million in 2014. Assume that the number of shares outstanding has remained constant. What was the company’s per-share dividend in 2014?   c. As an alternative to maintaining the same dividend payout ratio, Anderson is considering maintaining the same per-share dividend in 2015 that it paid in 2014. If it chooses this policy, what will be the company’s dividend payout ratio in 2015?   d. Which strategy, maintaining a constant dividend payout ratio or maintaining the same per-share dividend, will lead to higher retained earnings for the firm in 2015?   e. Assuming the firm can utilize the additional retained earnings to fund future investments, is the strategy in d advisable?    

Review the results below. _________is the best method of storage to maintain the safety and quality of dried corn the longest.