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SpyIntel [72]
3 years ago
12

If there’s a 40% chance of making $1 million and a 60% chance of losing $600,000, then the expected monetary outcome is

Business
1 answer:
Aleks [24]3 years ago
6 0

Answer:

$-40,000

Explanation:

Calculation for the expected monetary outcome

Using this formula

Expected monetary outcome=Probability x Affect

Let plug in the formula

Expected monetary outcome=0.4 x $1,000,000=$400,000

Expected monetary outcome= 0.6x $600,000=$360,000

Expected monetary outcome=$360,000-$400,000

Expected monetary outcome=$40,000 loss

Therefore the Expected monetary outcome will be a loss of $40,000

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At December 31 of the current year, Cart Company has a $16,000 Notes Receivable from a customer. Interest of 5% has accrued for
lyudmila [28]

Answer: $23,200 as total current asset for the period

Explanation:

Note Receivable has a value $16,000

Interest on Note = 5%

Accrued for 9 months

Yearly Interest accrued = 16,000*5%*12= 9,600

Interest for 9 months = 9600/12*9 = 7,200

Balance sheet Extract

Other Income

Int Accrued on Note Receivable      $7,200

Current Asset

Note Receivable                                $16,000

Int Accrued on Note Receivable      $7,200

Total Current Asset                            $23,200

6 0
4 years ago
The human resource manager at Creative Minds Inc. has just calculated that the employee absenteeism rate for 2017 is 18 percent
vredina [299]

Answer:

a. Wait until 2018 and see what the turnover rate is at the end of that year

Explanation:

Absenteeism is an employee’s intentional or habitual absence from work. Employee turnover is the number or percentage of employees who leave the workplace during a specific period of time.

(b) By dealing with possible employee work overloads, the human resource manager can help reduce the stress, pressure and burden felt by employees in the workplace.

(c) By identifying causes of job dissatisfaction, the manager can understand how to make work interesting and have more satisfied and motivated employees. The same consequences can be achieved by adjusting job design (d).

(e) By identifying possible employee role conflicts, negative tension and problems can be solved. There would also be the possibility for new friendships and social cliques to be formed.

All of these measures would lead to solutions that would reduce absenteeism and turnover.

On the other hand, waiting until the end of 2018 can damage the organization severely. There would not only be an increase in absenteeism and labour turnover but a heavy decline in labour productivity and increase in errors and mistakes. This would impact sales and profitability of the entire company. It is important that the HR manager take measures to solve the problem as soon as possible.

4 0
3 years ago
When the Fed adjusts its interest rate, it directly influenced consumer?
ozzi
It directly affects consumers because you end up paying higher cost for everything. It also affects employment rates, and many other things and creates a waterfall of issues that have to be adjusted to stop inflation.
4 0
3 years ago
Read 2 more answers
Rashad contributes a machine having a basis of​ $30,000 and an FMV of​ $25,000 to a partnership in exchange for a​ 20% interest
lora16 [44]

Answer:

$18,000.

Explanation:

Beginning basis (carryover from machine)

$30,000

Plus: share of partnership liabilities

4,000

Minus: liabilities assumed by others partners

(16,000)

Rashad's basis

$18,000

3 0
3 years ago
By​ studying, Will can produce a higher​ grade, ​, on an upcoming economics exam. His production function depends on the number
Paul [167]

Answer:

c. 2.5A^0.36R%0.64/R.

Explanation:

Marginal productivity is the increase in amount of one unit of output with the one unit increase of input. Will can produce higher grade when he studies more hours. His grade will increase by one level when he studies more. His grade production function is the level of increase in his output.

6 0
3 years ago
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