The bankruptcy public record is deleted from the credit report either seven years or 10 years from the filing date of the bankruptcy, depending on the chapter you filed. Chapter 13 bankruptcy is deleted seven years from the filing date because it requires at least a partial repayment of the debts you owe
Explanation and answer:
If if the possible outcomes are xi, and the corresponding probability is pi, where i is one of the N events, then the expectation [E] is given by
[E] = sum (xi*pi)
In the given case, n= frequency of the event, N=50=total number of events
i n xi pi n*xi*pi
1 40 0 40/50 40*0*40/50 = 0
2 8 20 8/50 8*20/50 = 3.20
3 1 100 1/50 1*100/50 = 2.00
4 1 500 1/50 1*500/40= 10.00
Total (expected gross winning) = 15.20
Person has already paid $10,
so the expected net winning = 15.20 - 10 = 5.20
Answer:
Date Account Titles and Explanation Debit Credit
Inventory $3,124,089
Account payable $3,124,089
(To record purchase of merchandise inventory)
Account receivables $6,909,879
Sales revenues $6,909,879
(To record sales on account)
Cost of goods sold $3,456,980
Inventory $3,456,980
(To record the cost of sales)
Answer:
A. 104%
B. 66.7%
Explanation:
A. Calculation for what would be the percentage return earned
Percentage return =($50-$30-30*60%*7%)/30*60%
Percentage return(20-$18*.07)/18=
Percentage return=1.04*100
Percentage return=104%
Therefore what would be the percentage return earned is 104%
B. Calculation for What would have been the return if the investor had notbought the stock on margin
Percentage return=($50-$30)/$30
Percentage return=$20/$30
Percentage return=66.67 %
Percentage return=66.7% Approximately
Therefore What would have been the return if the investor had notbought the stock on margin is 66.7%
