Answer:
Expected Return =
Recession = ( 20/100)* 20% = 4%
Steady = (40/100)*10% = 4%
Boom = ( 40/100) * 35% =<u> 14%</u>
Expected Return = <u> 22%</u>
there is no answer in the option. The correct answer is 22%.
Explanation:
Expected return of share is the summation of probability multiply by the return expected in a situation of the economy.
Answer:
Concept: Business digression
- Lets assume you live in Los Angeles CA
- LA houses the Lakers, dodgers, and so many more big brand teams.
- A consumer which is defined as any person in a free and open market to openly trade their wealth and income in return for an item or service.
- Residence defined as the area that surrounded the immediate perimeter of the said consumer.
- Hence, by the principle of <u>socialization</u><u> </u>people are more inclined to buy sports gear to represent their teams and inclined to participate in consumer purchases based on their peers.
- It becomes the "lifestyle" and "ideal" personalities in a place such as LA and this inherently drives up sales of sports and entertainment commodities.
- The location, or residence directly <u>exposes</u> the consumer to the products in a market where it "hot" and in style/demand.
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When bank charged another company's check against our account this would be included on the bank reconciliation as a addition to the balance per books.
A bank reconciliation statement summarizes banking and business activities and reconciles a company's bank accounts and its financial records. A bank reconciliation statement confirms that the payment has been processed and the cash collection has been credited to your bank account.
Withdraw an outstanding check. This will give you a reconciled bank balance. Then, use the cash balance at the end of the business to add up the interest earned and any outstanding bills. Deduct all bank charges, penalties and NSF checks.
Procedures for verifying the accuracy of both company bank statements and cash accounts. - Must be completed at the end of each month. A common cause of differences between the bank's ending balance and the cash book's ending balance.
Learn more about reconciliation at
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Answer:
• A professional makes deliberate choices where others have choices made for them or they simply react to what comes their way.
° A professional is afforded the luxury of making deliberate choices because he has made deliberate preparations.
•A professional can make deliberate preparations because his understanding of and familiarity with the relevant (professional) landscape informs him on how to prepare. Also, like the chess master, he is trained to understand the inevitable results of hundreds of different patterns; he has disciplined himself to observe the whole board and not just the most immediate features or the area with the most tension in the game.
•A professional is seldom caught off-balance. The discipline for deliberate preparation and the understanding that comes with it allow that even when something unexpected or unfamiliar is introduced, a professional can quickly understand its basis and easily extrapolate the appropriate tactic, strategy, or process for ethically and successfully resolving issues.
•In this capacity, and most fundamentally, a professional habitually makes the right choices because all of his choices are based on the integrity provided by his moral and ethical foundation. Any choice of expedience over integrity can quite easily be recognized by anyone as the wrong choice. Here, the professional simply acknowledges what is obvious, makes the right choice, and acts deliberately (and now we're back at the start of this list).
