The statement that would best provide information about a company's current liquidity is an A) income statement.
Liquidity typically refers to how without problems or quickly a safety can be offered or offered in a secondary marketplace. Liquid investments may be sold without problems and without paying a hefty charge to get money whilst it is needed.
Enterprise liquidity refers to how quickly and easily a business can convert belongings into coins, so an agency with excessive liquidity could be able to unexpectedly increase cash to meet surprising expenses without having to growth borrowing.
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jack palomo has deposited $2,500 today in an account paying 6 percent interest annually. what would be the simple interest earned on this investment in five years? if the account pays compound interest, what will be the interest on interest in five years?
The simple interest earned on this investment in five years is $750.
The interest on interest in five years is $95.56.
Deposit today = PV = $2,500 Interest rate = i = 6% No. of years = n = 5
Simple interest: Simple interest per year = $2,500 × (0.06) = $150.00
Simple interest for 5 years = $150 × 5 = $750.00
Future value with compound interest: FV5 = $2,500 (1 + 0.06)5 = $3,345.56
Simple interest = $750
Interest on interest = $3,345.56 − $2,500 − $750 = $95.56.
Investment is the determination of money to acquire an asset to obtain a growth in price over a time period. Investment requires a sacrifice of a few gift help, including time, cash, or effort. In finance, making an investment aims to generate a return from the invested asset.
The funding includes bonds, shares, and PPF amongst others, which enables growing cash and presents a further source of income. As investment enables us in developing our cash over a certain period of time, there is a particular risk accompanying the funding.
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The city of Seattle limits each household to one can of free garbage collection per week. There are fees for any extra garbage collected from the curb. Suppose that a neighborhood group in Seattle organizes a group of families so that those who plan to go over their one-can garbage quota can find households that are under their quota and pay them to put out the extra trash.This policy will (blank) efficiency.
When a product's production or consumption incurs a cost for a third party, that is a negative externality. Negative externalities are frequently cited in the context of air and noise pollution.
What exactly is a good externality?When a benefit extends to a third party, that is an example of a positive externality. By imposing taxes on goods and services that result in spillover costs, the government can prevent negative externalities. Subsidizing goods and services that result in spillover benefits is one way the government can encourage positive externalities.
How would you fix market disappointment?Government intervention, including new laws or taxes, tariffs, subsidies, trade restrictions, and other measures, can be used to correct market failures.
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origin stories, dress codes, rituals, and ceremonies are examples of which level of organizational culture?
origin stories, dress codes, rituals, and ceremonies are examples of : artifacts
An artifact is an item made by a person. Artifacts incorporate craftsmanship, instruments, and attire made by individuals of any general setting. The term can likewise be utilized to allude to the remaining parts of an item, like a shard of broken earthenware or dishes.
Artifacts are tremendously helpful to researchers who need to find out about a culture. Archeologists unearth regions in which antiquated societies lived and utilize the artifacts tracked down there to find out about the past. Numerous old societies didn't have a set up language or didn't effectively account their set of experiences, so artifacts some of the time give the main pieces of information about how individuals lived.
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For the year ending december 31, beard clinical supplies co. Mistakenly omitted adjusting entries for (1) $9,800 of unearned revenue that was earned, (2) earned revenue that was not billed of $10,200, and (3) accrued wages of $7,000. Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income.
For the year ending december 31, beard clinical supplies co. Mistakenly omitted adjusting entries for (1) $9,800 of unearned revenue that was earned, (2) earned revenue that was not billed of $10,200, and (3) accrued wages of $7,000. the combined effect of the errors on revenues is $20,000 increase, expenses $7,000 increase, and net income $12,000 increase.
the effect of the errors on revenues can be calculate as follows:
The effect on revenues due to the errors is an increase of $9,800 + $10,200 = $20,000.
the effect of the errors on expenses can be calculate :
The effect on expenses due to the errors is an increase of $7,000.
the effect of the errors on net income can be calculate :
The effect on net income due to the errors is an increase of $20,000 - $7,000 = $13,000.
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What is credit Brainly?
Answer:
Giving brainly support for everything they did to give you help.
Explanation: Credit is the meaning of giving support off the impact of something, Theirfor its credit.. And then brainly.
what is the price at which the quantity of goods demanded and the quantity of goods supplied are equal?
The market price at which the quantities of commodities supplied and requested are equal is known as the equilibrium price.
What is Equilibrium price?When market demand and supply are balanced, prices become stable. Equilibrium is the term for this. Generally speaking, a surplus of items or lower prices result in more demand, whereas a shortage or undersupply results in higher prices, which lower demand. the cost at which a commodity's supply and demand are balanced.
When a major index has a period of consolidation or sideways movement, which shows that the forces of supply and demand are virtually equal, the market is deemed to be in equilibrium.
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bramble corp. prepared a 2022 budget for 108000 units of product. actual production in 2022 was 190000 units. to be most useful, what amounts should a performance report for this company compare? o the actual results for 190000 units with the original budget for 108000 units. of the actual results for 190000 units with a new budget for 190000 units. o the actual results for 190000 units with last year's actual results for 193600 units. of all of these comparisons are equally useful.
Results for 190000 units under the new budget for 190000 units.
What would you anticipate to see in a cost center's performance report?The division's actual expenses are compared to the budgeted costs for the actual activity level in the performance report for a cost center, a management tool. The report only includes expenses that the division has control over.
A flexible budget performance report aids management in what kind of analysis?The management is assisted in doing variance analysis by the flexible budget performance report. Remember that the actual outcomes, the flexible budget, and the static budget are all included in the flexible budget performance report.
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The united states–mexico–canada agreement is an example of a ____________ agreement.
The united states–Mexico–Canada agreement is an example of a trade agreement.
The settlement among America of the united states, the United Mexican States, and Canada (USMCA) is a free trade agreement between Canada, Mexico, and the united states.
North American free trade settlement (NAFTA) hooked up a loose-trade zone in North the us; it was signed in 1992 via Canada, Mexico, and the united states and took impact on Jan. 1, 1994. NAFTA without delay lifted price lists on the general public of goods produced by using the signatory nations.
The new U.S.-Mexico-Canada agreement (USMCA) will aid at the same time useful trade main to freer markets, fairer change, and robust financial boom in North the USA.
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why are cooperative agreements rare in markets with strategic interactions? it is too hard to predict what other players will do. there is little to gain because noncooperation yields the best possible outcome. cooperation entails higher costs. players have incentives to disregard such agreements.
The cooperative agreements rare in markets with strategic interactions is players have incentives to disregard such agreements.
What is cooperative agreements?Cooperative agreements reflect the relationship between the U.S. government and recipients and are used when the government's purpose is to assist intermediaries in providing goods or services to authorized recipients. will be This agreement ensures affordable prices and sets the delivery terms for the goods that many agents and offices are forced to set.
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windham corporation has current assets of $740,000 and current liabilities of $925,000. windham corporation's current ratio would be increased by:
Windham corporation has current assets of $740,000 and current liabilities of $925,000. Windham corporation's current ratio would be increased by 0.8 %
current ratio = current assets /current liabilities = 7,40,000/9,25,000 = 0.8%
What does current ratio mean?
A liquidity ratio called the current ratio assesses a company's capacity to settle short-term debts or those that are due within a year. It explains to investors and analysts how a business can use its present assets to the fullest extent possible to pay down its current liabilities and other payables. A healthy current ratio is normally between 1.5 and 2, but it occasionally depends on the sector of the economy in which your business operates.
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the manufacturer of safety wallets is determining the retail price to charge for each unit sold. which approach should the manufacturer use that supports the psychological pricing strategy?
The manufacturer should approach Price Appearance set the retail price at $24.97 to support the psychological pricing strategy.
The use of pricing to sway a customer's purchasing decisions or spending patterns is known as psychological pricing. The objective is to satisfy a customer's psychological need, whether that need is to save money, invest in the best product, or receive a "good deal." Four illustrations of psychological pricing techniques are:
Man-Made Time LimitationsCharm Pricing Numeracy Price PresentationEven though they reflect the same amount, people perceive longer pricing to be more expensive than shorter prices. This is due to the fact that lengthier prices take longer to read subconsciously. The inclusion of the "$" sign for prices only serves to amplify this impact. In addition to lengthening the price, it also closely ties the amount to consumers' wallets, making them feel worse about parting with their hard-earned money. Similar to how people pronounce prices in their brains and it takes longer to recall extended numbers, prices with more syllables appear more expensive.
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our emergency room medical team has clear tasks for each member, a code of conduct we implement each day, and a group that functions well together. our team is displaying which characteristic of team excellence? group of answer choices clear, elevating goal collaborative climate principled leadership results-driven structure
Results-driven structure is the characteristic of team excellence that emergency room medical team is displaying
Effective teams work together to achieve a single goal and pursue a common end. Healthy teams value each other's contributions as well as that of the management. Members of the team also respect one another's contributions and skill sets. Having a team enables individuals with various strengths to collaborate.
Excellence is founded on fostering positive interactions with others and letting them know how much you regard them. Learn about the various personalities in your team. Recognize the life they lead besides work.
In the question,
our emergency room medical team has clear tasks for each member.
They are displaying a characteristic of team excellence
From the following , Results-driven structure is correct
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the short run: select one: a. means the firm cannot increase or decrease at least one of its inputs. b. means that output cannot be changed. c. means the price of output is fixed. d. all of these are true.
The correct answer is d. All of these are true.
In the short run, a firm's output cannot be changed since at least one of its inputs (like labour) is fixed, while the price of output is also fixed.
This means that the firm cannot increase or decrease the amount of one of its inputs, so their output remains constant.
In the short run, certain production parameters are stable and some are flexible. Only by increasing the application of the variable factor can output be enhanced. The scale of manufacturing stays steady in the short term.
The long run is a time when all production factors are erratic. The application of all production elements can be enhanced to produce more. The output scale can be altered over time.
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(q066) by the mid-1990s, the richest 1 percent of americans owned only 10 percent of the nation's wealth, half their share twenty years earlier. group of answer choices true false
(q066) By the middle of the 1990s, only 10% of the nation's wealth belonged to the richest 1%, which was only half their share twenty years earlier. false
What was the plan's name, and how did President Nixon gradually draw down on it?President Richard Nixon declares at a press conference that the Vietnam War is coming to an end "as a result of the plan that we have instituted." In June, Nixon had said that the United States would follow a new plan he called "Vietnamization" at a conference in Midway.
What was the organization established in 1979 by a minister from Virginia?The Moral Majority was a political group in the United States that belonged to the Christian right and the Republican Party. In 1979, Baptist minister Jerry Falwell Sr. established it. and friends, and dissolved at the end of the 1980s.
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Luke takes temporary family leave from his job at metal works corporation to arrange for childcare and deal with financial and legal matters when naomi, his spouse, a u.s. marine on active duty, is deployed overseas. on luke’s return from the leave, metal works must?
a. do nothing.
b. reimburse him for his expenses while on leave.
c. promote him to the status of a key employee.
d. restore him to his same position or a comparable position.
Luke takes transient own circle of relatives depart from his task at metallic works corporation to set up for childcare and address economic and prison subjects whilst Naomi, his spouse, a u.s. marine on energetic duty, is deployed overseas. on Luke’s go back from the depart, metallic works ought to reimburse him for his fees even as on depart.
The not unusualplace army deployment is normally amongst six and twelve months long. However, deployment lengths variety drastically from branch to branch, are situational and rely on severa factors specific to each individual issuer member. The utilization of a few issue or someone in an effective way: the deployment of generation to address this challenge.
Airmen, Sailors, and Soldiers) and go to each different united country of America and earn combat pay. These deployments can close anywhere from 90 days to 15 months.
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your portfolio has a beta of 1.24. the portfolio consists of 6 percent u.s. treasury bills, 40 percent stock a, and 54 percent stock b. stock a has a risk level equivalent to that of the overall market. what is the beta of stock b?
Beta of Stock B = 1.56 Working: We know that, Beta of risk free assets is always zero.
A positive Beta demonstrates the asset moves in a similar heading as the market, while a negative Beta would show the inverse.
The Beta of a risk-free asset is zero on the grounds that the risk-free asset's covariance and the market are zero. By definition, the Beta of the market is one, and most created market stocks display high positive betas.
Beta is basically a multiplier
A worth of Beta over 1 shows a stock/asset/portfolio that has, by and large, intensified the arrival of the entire market (positive or negative).
A beta near zero would show a stock/asset/portfolio that gives a more steady return than the market overall.
A negative beta would connote a stock/asset/portfolio whose exhibition is counter-cyclical, i.e., balances the general market insight.
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A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is nonrival and nonexcludable. Thus, the visual appearance would be classified as a public good.Suppose the college administrators estimate that the beautification initiative will cost $7,200. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 300 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $18.The benefit of the beautification initiative, as suggested by the survey, is (enter numerical value) $Because the estimates benefit is (less/ greater) than the cost, the college administrators (should/should not) undertake the beautification initiative.
A local college is considering whether to carry out a variety of campus beautification projects, such as tree planting.
In economics, public goods are unique because their benefits can be enjoyed by those who have not paid for them and everyone shares in their benefits.
Many people are aware that they are free to use because of their characteristics. Financial experts call those individuals free riders.
A local college is considering whether to launch a campus beautification initiative that would involve a variety of projects, such as building remodeling and tree planting, to improve campus appeal. Therefore, the campus's visual appearance is non-rival and non-excludable for college students. As a result, the appearance would be considered a public good.
This indicates that the remodel will benefit everyone equally, including those who did not pay for it.
According to the survey, the benefit of the beatification initiative is $3,300. The beautification project should not be undertaken by college administrators because the estimated benefit is less than the cost.
The benefit is calculated by multiplying $11 x 300, or the average benefit for each person surveyed, by the number of people surveyed.
The marginal cost: The college should not finish the project. More than the marginal benefit is $4,400: $3,300.
O A survey was conducted with equal numbers of male and female students. X Students believe that the initiative's funds will not be used elsewhere if it fails.
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Two oligopolistic firms forming a cartel will want to set a price so that the cartel produces ______________ the allocatively efficient amount.
A less than
B more than
C the same amount as
D One cannot tell.
Two oligopolistic firms forming a cartel will want to set a price so that the cartel produces more than the allocatively efficient amount.
An oligopoly is a market with a limited number of businesses that are aware of their interdependence in terms of price and output practices. Each company has some market power since there are only a few businesses. High entry barriers, the capacity to determine prices, company interdependence, revenue maximization, product differentiation, and non-price competition are some features of oligopoly.
The drawbacks of oligopoly include the impossibility for small businesses to enter this market due to the large enterprises' entire dominance over the industry and the fact that consumers have a very restricted selection of the companies involved in this market.
Hence the correct option is B
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in the breakthrough energy catalyst video case, investments are being made to develop technologies to convert biological inputs, including municipal waste, into what product?
In the breakthrough energy catalyst video case, investments are being made to develop technologies to convert biological inputs, including municipal waste, into Sustainable Aviation Fuel.
Increased chemical reaction speed is achieved by the process of catalysis, which involves the addition of a catalyst. In the reaction and after it, catalysts are not consumed. Very little quantities of catalyst are frequently sufficient when the reaction is swift and the catalyst recycles quickly; the pace of the reaction depends on several parameters, including temperature, surface area, and mixing.
Typically, catalysts react with one or more reactants to produce intermediates that then give rise to the ultimate reaction product, renewing the catalyst in the process. Depending on whether its components are spread in the same phase as the reactant, or whether they are not, catalysis can be categorised as either homogeneous or heterogeneous.
hence the correct option is A.
The above question is incomplete, the complete question is-
In the Breakthrough Energy Catalyst video case, investments are being made to develop technologies to convert biological inputs, including municipal waste, into what product?
A. Sustainable Aviation Fuel
B. Green Hydrogen
C. Direct Air Capture
D. Long-duration Energy Storage
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question content areathe expected average rate of return for a proposed investment of $650,000 in a fixed asset, with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $240,000 for the four years, is a.36.9% b.13.9% c.18.5% d.9.25%
Content areathe expected average rate of The fixed asset mentioned above has a projected average rate of return.The income or loss from a proposed investment over a given period. In this instance, a business wants to purchase a fixed asset. The correct option is C. 18.5%.
The following formula can be used to get the average rate of return: annual net income plus the typical investment where annual net income is expected total net income times the number of years, divided by $240,000 plus four years, to equal $60,000.Additionally, the typical investment would be equal to (initial investment + salvage value) +2 = ($650,000 + $0) + 2 = $4650,000+ 2 = $325,000.
Add these values to the formula above now.
Therefore, the rate would be equivalent to = $60k + 325k = 18.5%.
In order to determine the percentage of return received from the investment, we must divide the net income from the existing investment by the amount of the planned investment.
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How would the federal reserve stimulate the united states economy and reduce unemployment?
The Federal Reserve can stimulate the United States economy and reduce unemployment if it employs an expansionary monetary policy.
What is an expansionary monetary policy?Expansionary policy, often known as loose monetary policy, expands the availability of money and credit in order to stimulate economic development. During difficult economic circumstances, a central bank may use expansionary monetary policy to promote economic growth and stimulate growth.
During recessions, the Fed utilizes a variety of monetary policy measures to assist lower unemployment and re-inflate prices. Open market purchases, reserve management, discount financing, and forward guidance to control market expectations are among the methods available.
For example, if the Fed purchases bonds on the open market, it expands the economy's money supply by exchanging bonds for cash from the general public. If the Fed sells bonds, it reduces the money supply by withdrawing cash from the economy in return for bonds.
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what should occur is the focus of . question 18 options: a) predictive analytics b) prescriptive analytics c) descriptive analytics d) forecasting analytics
a)Predictive analytics occur is the focus question 18 options.
There are 3 kinds of analytics that organizations use to pressure their selection-making; descriptive analytics, which informs us what has already occurred; predictive analytics, which displays us what could manifest, and eventually, prescriptive analytics, which tell us what needs to happen in the future.
which type of predictive analytics here
Predictive analytics attempts to quantify the impact of future choices in an effort to advocate feasible outcomes before the selections are really made.
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tahlia is interested in exporting. she is accompanying representatives of the u.s. department of commerce to london where she will meet with qualified agents, distributors, and customers to help her make contacts and explore export opportunities in london. tahlia is participating in:_____.
Tahlia is participating in an import-export expo. An import-export expo is a gathering where business representatives such as agents, distributors, clients, dealers, etc. are present to showcase their company's products. Therefore, option D is correct.
A person can decide whether or not he wishes to conduct business with the targeted firm based on these claims. Foreign representatives attend import-export expos as clients so they may get to know the local firms of a location and, if they so want, engage in export and import with them.
Tahlia is attending an import-export expo since it is a venue where she may network with competent agents, distributors, and clients.
Therefore, option D is the ideal selection.
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Your question seems to be incomplete, but most probably the complete question was:
Tahila is interested in exporting. She is accompanying representatives of the U.S. Department of Commerce to London where she will meet with qualified agents, distributors, and customers to help her make contacts and explore export opportunities in London. Tahlia is participating in Multiple Choice
a "best prospects" search.
the SCORE program.
a matchmaker program.
an import-export expo.
1. temporary accounts include assets, expenses, and the owner’s drawing account. t or f
False
A permanent account is the drawing account. Temporary accounts are sometimes known as nominal accounts. Temporary accounts must have a balance of zero at the beginning of each fiscal period.
What are included in temporary accounts?Temporary accounts include, but are not limited to, revenue, expense, and gain and loss accounts. You might also have a temporary withdrawal or drawing account if your business is a sole proprietorship or partnership.
The drawing account is it an interim account?The drawing account is then utilized once more the following year to keep track of disbursements. This indicates that the drawing account is not a permanent account but rather a temporary account.
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on january 1, 2020, the merchandise iventory of varla vista, inc. was $1350000. during 2020 carla vista purchased $2705000 of merchandise and recorded sales of $3500000. the gross profit rate on these sales was 20%. what is the merchandise inventory of carla vista at december 31,2020.
According to the given information, The merchandise inventory of Carla vista at December 31,2020 is $1,255,000.
Beginning inventory $1,350,000
Purchases $2,705,000
Less: COGS (sales × {100 - 20%}) $2,800,000 ($3,500,000 × 80%)
Ending inventory $1,255,000
The value of products still on hand and available for purchase by a company at the end of an accounting period is referred to as ending inventory. Multiple methods of valuation can be used to determine the monetary amount of ending inventory. Regardless of the method used, the physical number of units in ending inventory remains the same, but the management's choice of inventory valuation method has an impact on the ending inventory's dollar value.The balance sheet's prominent asset is ending inventory. Accurate ending inventory reporting is crucial, especially when applying for finance. As part of a debt covenant, financial institutions frequently demand that certain financial ratios, including debt-to-assets or debt-to-earnings ratios, be upheld by the date of audited financials.Learn more about Ending inventory, here
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jenkins corporation is investing in a new piece of equipment at a cost of $6 million. the project is expected to generate annual cash flows of $1,850,000 over the next six years. the firm's cost of capital is 20 percent. what is the project's npv?
The firm's cost of capital is 20 percent is $152,194.
Investment is the determination of money to acquire an asset to obtain a growth in price over a certain time period. Investment requires a sacrifice of a few gift help, including time, cash, or effort. In finance, making an investment aims to generate a return from the invested asset.
The funding includes bonds, shares, and PPF amongst others, which enables growing cash and presents a further source of income. As investment enables us in developing our cash over a certain period of time, there is a particular risk accompanying the funding.
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To pay for social insurance programs administered by the social security administration, employers, employees, and the unemployed must contribute.a. Trueb. False
False. To pay for social insurance programs administered by the social security administration, employers, employees, and the unemployed must contribute.
What is meant by a social insurance program?Social insurance is a type of mandatory public insurance that offers protection against a variety of economic hazards, such as loss of income due to illness, old age, or unemployment.
In the United States, there are four main social insurance schemes. The Federal OldAge, Survivors, and Disability Insurance System, commonly known to as social security, is by far the largest and offers retirement payments, benefits to survivors, and benefits to the totally and permanently disabled.
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Answer:
b. False
Explanation:
if nathan is applying for a job in the accounting field, and he is planning to focus on skills such as asset and liability entries, balance sheet preparations, and document audits in headers on his resume; what type of resume should he use?
Reverse Chronological type of resume should he use. The plot is revealed in reverse order using the narrative structure and storytelling technique known as reverse chronology.
This method is used in stories where the opening scene really serves as the resolution of the story. Place your most recent or current position at the top. then proceed with the preceding ones. The reverse-chronology resume sequence operates in this manner. For each position you held, list the dates you held it as well as your job title and the name of the company. List all of your degrees, from college onward, in reverse chronological order, along with the institution they were earned from and the date they were granted.
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Tahlia is interested in exporting. she is accompanying representatives of the u.s. department of commerce to london where she will meet with qualified agents, distributors, and customers to help her make contacts and explore export opportunities in london. tahlia is participating in?
Tahlia is interested in exporting distributors, and customers to help her make contacts and explore export opportunities in london. tahlia is participating in an import-export expo.
An export in the context of global trade is a product made in one nation and sold in another nation, or a service rendered in one nation to a national or resident of another nation. While the overseas customer is an importer, the seller of these items or the service provider is an exporter. Services such as financial, accounting, and other professional services, tourism, education, and intellectual property rights all play a role in international trade.
The term "export" comprises manufactured goods and services that are purchased by another country but are produced in another. Any form of service or product may be exported, and it may be exchanged by traditional shipping methods or electronic communication.
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Felix and Oscar are roommates. Oscar is messy and Felix plans to move out unless they can come to an agreement. The roommates can only reach a private solution if Oscar compensates Felix for being messy. True False neferences eBook & Resources efficient way of The city of Kingston, Ontario, limits each household to one can of free garbage collection per week. There are fees for any extra garbage collected from the curb. This type of quota policy is a more reducing waste than charging a set price per can because:___________. (Click to select) a less O the marginal benefit of having a can of garbage collected varies among households. an equally a more O everyone will have the same number of cans collected with a quota. the total cost of having garbage collected is the same for everyone with a quota. the marginal cost of a can of garbage is constant with a set can price.
The act or circumstance of providing the individual who was hurt with an acceptable benefit in order to make up for their loss, damage, or injury. The payment of wages is another illustration of compensation.
The gain achieved from taking steps to lower an organization's overall asset expenditure, which has a direct impact on its bottom line, is referred to as a cost savings. Productivity increases and decreased supply procurement costs are two techniques for decreasing expenses. Compensation is one of the most important business procedures that may build or break a partnership.
It makes no difference if Felix pays Oscar to clean up after him or if Oscar pays Felix to make up for his error. Either idea might work as long as it is put into practice and living together saves more money than the private alternative does for each member involved.
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