Answer:
Cash Balance at the beginning of the year = $4,600
Explanation:
Opening Cash Balance = Closing Cash Balance - Net Increase (Decrease) in Cash
Opening Cash Balance = $18,100 - $13,500 = $4,600
Answer:
Amount Receive from compensatory damage = $500
Explanation:
Given:
Amount Receive from Central Construction Corporation = #4,500
Amount Receive from new job = $4,000
Amount Receive from compensatory damage = ?
Computation of amount Receive from compensatory damage:
Amount Receive from compensatory damage = Amount Receive from Central Construction Corporation - Amount Receive from new job
Amount Receive from compensatory damage = $4,500 - $4,000
Amount Receive from compensatory damage = $500
Note: Bob contracts with CCC for $4,500 but the contract is severed. In the new job Bob finds he gets $4,000 where he loses $500. Bob will sue CCC and get compensation for $500.
Answer:
Event Classification
1. Asset Source
2. Asset Use
3. Asset Use
4. Asset Source
5. Asset Exchange
6. Not applicable (NA)
7. Asset Source
8. Asset Use
9. Asset Source
10. Asset Exchange
11. Asset Source
Explanation:
An asset is an economic resources controlled by an entity from which future economic benefits are expected.
In recording asset, business events can result in asset source,asset use and asset exchange. Asset source is the acquisition of asset, asset use is consumption of existing asset and asset exchange is the transfer of asset from one source to another.
Answer: Prepare the research report..
Explanation:
The Market Research Process enables a company to check if their strategies are wiring in the business Environment. It checks by collecting, analysing and interpreting data to come up with meaningful conclusions that can be acted on to improve the company's standing.
When the Managers were able to determine during the Research into Go-gurt that their marketing strategy was missing the key benefits of the product, it had to be during the preparation of the research report. In this stage the analyzed data can then be made conclusions on and this was where the Managers were able to see that indeed the marketing strategy employed was missing the key benefits of the product.
Maxi max is the decision maker focuses on the most likely state of nature and chooses the alternative that gives the maximum payoff for that state of nature.
What is a Maxi max decision maker?
The Maxi max decision rule is used when a manager wants the possibility of having the highest available payoff. It is called Maxi max because the manager will find the decision alternative that Maximizes the Maximum payoff for each alternative.
What is payoff in decision theory?
Payoff Table and Expected Payoff. A Payoff Table is a listing of all possible combinations of decision alternatives and states of nature. The Expected Payoff or the Expected Monetary Value (EMV) is the expected value for each decision.
What is meant by Maxi max?
A strategy or algorithm that seeks to maximize the maximum possible result (that is, that prefers the alternative with the chance of the best possible outcome, even if its expected outcome and its worst possible outcome are worse than other alternatives);
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