Answer:
False
Explanation:
A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.
The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.
<span>The correct answer is letter (A). Raymond Cattell's Personality Factor Questionnaire can be used to "predict an individual's behavior." Raymond Bernard Cattell was an American and British psychologist who is know of its intrapersonal psychological structure and exploration to different areas of empirical psychology.</span>
Answer:
Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.
Explanation:
Answer:
E) None of these answer choices is correct.
Explanation:
<u>Overhead bases on labor hours:</u>
250 units / 25 per batch: 10 batch
total overhead cost: $ 2,000 setup per batch x 10 batch= $ 20,000
20,000 overhead cost / 1,000 labor hours = 20 dollars per hour
1,000 labor hours / 250 units of output: 4 labor hours per unit
4 labor hours x $ 20 = $ 80
<u>Overhead based on activity:</u>
Setup cost: 2,000
units per batch: 25
$ 2,000 / 25 units = $ 80
Answer:
The second gamble has the higher expected value. EV = 4
Explanation:
In betting, expected value can be defined as (Amount won per bet * probability of winning) – (Amount lost per bet * probability of losing)
For the first gamble:
For the second gamble:
This means that Cal is expected to earn $4 for each $20 waged on the second gamble while he is expected to break even in the first gamble.
Therefore, the second gamble has the higher expected value.
