Answer:
expected profit = $6600
Explanation:
given data
cost of the regatta = $9,000
profit = $15,000
probability of rain = 0.35
to find out
the producer's expected profit
solution
we know that expected profit is express as
expected profit = profit if no rain - loss if rain ..................1
put here value as here
expected profit = profit if no rain - loss if rain
expected profit = (100 - 35 % ) × $15000 - 35% × ($9000)
expected profit = $6600
Answer:
A. The difference between the net income the analyst expects the firm to generate and the required earnings of the firm.
Explanation:
Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.
For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.
Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.
Answer:
Heya!
Explanation:
The characteristics of a mixed economy include allowing supply and demand to determine fair prices, the protection of private property, innovation being promoted, standards of employment, the limitation of government in business yet allowing the government to provide overall welfare, and market facilitation by the self-interest of the players involved.
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Answer:
The correct answer is D. job enrichment.
Explanation:
This determination means that Michele will perform two tasks that were not previously assigned to her, which guarantees training to transfer the knowledge or practice that the accounting manager performed. For Michelle, in addition to a setback due to the level of responsibility she acquires, it is a necessary step to learn new tasks that enrich her knowledge about the management of the company and its usefulness in presenting accounting information under the criteria defined by regulations. local.