An organization that offer goods and services to customers to earn a profit are known as, for profit organizations. A for profit organization is a organization that has a goal to earn profit from their customers.
Answer:
The expected return on the stock is 9.785%
Explanation:
The expected rate of return on a stock is the return of the stock expected in different scenarios multiplied by the probability that those scenarios will occur. The expected return can be calculated as follows,
r = rA * pA + rB * pB + ... + rN * pN
- Where,
- rA, rB to rN expects return under different scenarios
- pA, pB to pN represents the probabilities of each scenario
Thus,
r = 0.157 * 0.15 + 0.098 * 0.73 + 0.023 * 0.12
r = 0.09785 or 9.785
Assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.
<h3>
Discounted amount </h3>
Using this formula
Discounted amount =Discount rate× Invoice
Let plug in the formula
Discounted amount=2%×$10,000
Discounted amount=$200
Therefore assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.
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Answer:
a prior period adjustment
Explanation:
A prior period adjustment -
It is the correction of the accounting error which took place in the past and was written in the prior year of financial statement , net of the income taxes , is known as a prior period adjustment .
It is the method to fix the previous problem of past during the reporting .
hence , the correct term fro the given statement is a prior period adjustment .
