Answer:
A cash outflow of $82 million.
Explanation:
Because during the year Shady had taxes expenses for $80 million but then Shady cancelled $2 million of the Income Tax Payable account, which decreased from $14 million to $12 million.
Answer and Explanation:
Let us assume the following things
x = dogwood inventory percentage
and, (50,000 - x) = red maple tree inventory percentage
And, the amount of profit is
= $50,000 × 0.20
= $10,000
Now the equation would be
0.28x + 0.18 × ($50,000 - x) = $10,000
0.28x + $9,000 - 0.18x = $10,000
0.10x = 1,000
x = 10,000 = dogwood
So, the red maple would be
= 50,000 - 10,000
= 40,000
Answer:
In Entrepreneur characteristics, observant refers to the ability to quickly notice a certain pattern or unusual situation.
This skill is important because of these two following reasons:
- It helped the entrepreneur notice an existing trend. This trend could represent the things that are currently favored by the consumers in a certain market. Understanding trend will help you creating a product that can fit into that trend.
- It also help the entrepreneur notice the problems that occur internally. For example, being observant will help the entrepreneur notice the negative emotion that the employees experience when facing a certain problem. After noticing this, the entrepreneur could develop some sort of strategy to lift their spirit.
Expected rate of return Probabilities
Booming 22% 5%
Normal 15% 92%
Recession 2% 3%
The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.
Booming: 0.22 x 0.05 = 0.011
Normal: 0.15 x 0.92 = 0.138
Recession 0.02 x 0.03 =<u> 0.0006</u>
Sum total 0.1496 or 14.96% is the expected rate of return on this stock
