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4 years ago

The person most qualified to assess the overall risk in a work package activity in a project is the:

1 answer:

4 0

The person most qualified to assess the overall risk in a work package activity in a project is the team member and / or line manager.
The team member cannot be the only one who will assess such risks - he will need to be accompanied by the line manager, or the manager can do it on his own. PR and sponsors do not deal with such actions - PR deals with public relations, and sponsors with giving money.

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No formal steps are necessary to create a sole proprietorship. True or false?

larisa86 [58]

Answer:

True

Explanation:

5 0

3 years ago

Kevin Bacon is thinking about buying an investment. The investment option that he is thinking about buying is a written pledge b

Lesechka [4]

Answer:

Kevin is thinking about purchasing a corporate bond

Explanation:

Corporate bonds are bonds issued by firms.

Firms have two major instruments to attract investments from individual investors like Kevin: stocks and bonds.

Stocks are ownership certificates, their values and payouts fluctuates.

Bonds are debt certificates. Issuing them means the firms are obliaged to pay the interests until maturity and the face value of the bond at maturity.

6 0

3 years ago

The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the

mr_godi [17]

The question is incomplete. Here is the complete question:

The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock’s expected return and standard deviation of returns? E(R) = 8.5% ; σ = 22.70%; mean = $7.50; standard deviation = $2.50

State Prob E(R)

Boom 10% 40%

Normal 60% 20%

Recession 30% - 25%

Answer:

The expected return of the stock E(R) is 8.5%.

The standard deviation of the returns is 22.7%

Explanation:

Expected return

The expected return of the stock can be calculated by multiplying the stock's expected return E(R) in each state of economy by the probability of that state.

The expected return E(R) = (0.4 * 0.1) + (0.2 * 0.6) + (-0.25 * 0.3)

The expected return E(R) = 0.04 + 0.12 -0.075 = 0.085 or 8.5%

Standard Deviation of returns

The standard deviation is a measure of total risk. It measures the volatility of the stock's expected return. The standard deviation (SD) of a stock's return can be calculated by using the following formula:

SD = √(rA - E(R))² * (pA) + (rB - E(R))² * (pB) + ... + (rN - E(R))² * (pN)

Where,

rA, rB to rN is the return under event A, B to N.
pA, pB to pN is the probability of these events to occur
E(R) is the expected return of the stock

Here, the events are the state of economy.

So, SD = √(0.4 - 0.085)² * (0.1) + (0.2 - 0.085)² * (0.6) + (-0.25 - 0.085)² * (0.3)

SD = 0.22699 or 22.699% rounded off to 22.70%

7 0

3 years ago

Flickczar, a film production company in the United States, sells the distribution rights of a film to its distributors in unders

Rainbow [258]

Answer:

illegal but ethical.

Explanation:

The actions of Flickczar selling distribution rights to distributors in underserved areas at low prices, and to other areas at normal price is illegal because it is reliant on a suspect category (based on underserved or disadvantaged communities).

The action is ethical because it aims to improve the lives of those that have lower level of living compared to others.

So Flickczar's business practice is illegal but ethical.

4 0

4 years ago

During the current month, Grey Company sold 60,000 units for $10 each. Each unit had an equivalent cost of $6 each. The journal

Romashka [77]

Answer:

The sale entry would be:

Dr Trade Receivable $ 600,000

Cr Sale $600,000

And the inventory sent out of warehouse to customer would be recorded as:

Dr Cost of goods sold $360,000

Cr Finished Goods account $360,000

Explanation:

As we know the sale is credit in nature and inventory sold on credit increases the trade receivable which is debit in nature.

So the entry would be:

Dr Trade Receivable $ 600,000

Cr Sale $600,000

And the inventory sent out of warehouse to customer would be recorded as:

The reason is that once the product is sold then the cost of finished goods is eliminated from the inventory account and would be charged to the cost of goods sold. So the entry would be posted by the cost of equivalent that the company has incurred to manufacture the product. Here the cost of equivalent is given and is $6 per unit.

So for the sale of 60,000 units the total cost of equivalent will be:

Total equivalent cost = 60,000 units * $6 per unit = $360,000

And the entry would be:

Dr Cost of goods sold $360,000

Cr Finished Goods account $360,000

3 0

3 years ago