Answer:
89.44%
Explanation:
As we know that:
Z = (Cash Flow - Mean) / Standard Deviation
Here
Cash flow is the observed value which is the lower limit here and is $11,000
Mean is the average value of the sample and is $16,000
Standard Deviation is $4,000
By putting values, we have:
Z = ($11,000 - $16,000) / $4,000
= -1.25
The Z value lower than -1.25 is 0.1056 or 10.56%
This means that the probability of cash flow lower than $11,000 is 10.56% and the probability of cash flow greater than $11,000 will be
Probability of cash flow = (1- 0.1056) = 0.8944 which is 89.44%
My answer would probably be B!
Answer:
B. Income Tax Expenses
Explanation:
The Purpose of the Income Statement in Financial Statement Preparation is to ascertain the profit or loss of a business entity for a particular year. Usually, the format is as follows:
1. Gross Profit= Sales- Cost of Goods sold(Opening Inventory + Purchases- Closing Inventory)
2. Net Profit/ Net Loss = Gross Profit + Other Revenues and Gains - Expenses for the period.
However, income tax expense is only calculated when the net profit has been ascertained. It is usally referred to as net income before tax. It is based on this figure, that the income tax expense is then calculated based on prevailing income tax percentage.
Every other part of the income statement covers a section, but all sections should be calculated and concluded before the income tax expense can be calculated and then subtracted to arrive at the final income tax.
Answer:
A person who works in a company belonging to another country is called an expatriate. These high-ranking personnel are generally sent to other countries, mainly to promote the organizational culture of the company and for corporate purposes to be fulfilled.
It can also be used to train staff in the new country where there are expansion plans.
For example: An operations manager who is moved to another country to manage a new plant of a group, this will be responsible for promoting knowledge and align the ideas of the parent company with the company of the other country.
Answer:
d. backorder
Explanation:
Based on the scenario being described within the question it can be said that the sales associate most likely offered to backorder the item for Linda. This is when a retailer places an order for a product that is no longer in stock for the time being, in order to comply with the customer, but will take a while for that order to come in and for the transaction to be completed.
