Answer:
c. The failure of many banks
Explanation:
- The crash in the stock markets leads to the decline in the decrease of the expected incomes and a tight monetary policy of the government along with a higher tax rate which by the banking crisis led to the event of the great depression.
- The great depression was the worst economic downturn and had varied effects across the world. The and has the longest deepest and widespread impact on the 20th century leading to a decline in the global economy,
The probability of receiving a merit scholarship according to the scenario defined is 0.23
- Probability of Athletic scholarship, P(M) =?
- Probability of Athletic Scholarship, P(A) = 0.18
- Probability of receiving both, P(MnA) = 0.11
- Probability of receiving atleast one P(AuM) = 0.3
Recall :
- P(AuM) = P(A) + P(M) - P(AnM)
Substituting the values into the relation:
P(AuM) = P(A) + P(M) - P(AnM)
0.3 = 0.18 + P(M) - 0.11
0.3 - 0.18 + 0.11 = P(M)
P(M) = 0.23
Therefore, the probability of receiving a merit scholarship is 0.23
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Answer:
The second one
Explanation:
Control through rules and budgets can lead to rigidity and loss of creativity in an organization in a way that it limits change. When all available funds are allocated to specific operational budgets, it may be impossible to procure additional funds, when an opportunity arises elsewhere. Some organizations are therefore working in a way to back their budgeting systems.
Answer:
d. Cash, accounts receivable and inventory
Explanation:
Current assets are assets that can easily be converted to cash including cash and cash equivalent.
Considering all the options given;
Option a . Cash, accounts payable, inventory has account payable which is a current liabilities. This also applies to option c.
Option b has building as one of the items. Building is an example of a fixed asset which is a non current asset.
Option e has Credit which is usually a liability item when considering the balance sheet.
Hence Option d which has Cash, accounts receivable and inventory is the right option.
