By definition, empirical probability is equal to C. Number of successful trials/Total number of trials.
<h3>What is an empirical probability?</h3>
It should be noted that empirical probability simply means a experimental probability that is based on historical data.
In this case, by definition, empirical probability is equal to the number of successful trials divided by the total number of trials.
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Answer:
C. A Debit Rent revenue for $500.
Explanation:
The journal entry for receiving cash in advance is shown below:
Cash Dr $2,500
To Unearned rent revenue $2,500
(Being the advance cash collected)
But for recognize the revenue, i.e earned from rent, the entry is
Rent revenue Dr $500
To unearned rent revenue $500
(Being the unearned rent revenue is recorded)
Hence, the correct option is C.
Answer:
<em>D) $56,000</em>
Explanation:
<em>Amy's annual salary + benefits = annual salary + bonuses + 401K employer matched up contributions = $48,500 + $5,000 + $2,500 = $56,000</em>
<em>The 401K matched up contributions are considered a benefit because the employer has no legal obligation to pay them.</em>
<em>and its right on e2020 (edge-nuity)</em>
Answer:
Operations.
Explanation:
A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
A cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
The activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as operating activities. All the net income or cash from all operational business activities of a company is recorded as operating activities.
Hence, operations is a function of business that focuses on ongoing activities at the business with a focus on running efficiently. Simply stated, operations has to do with all the day-to-day tasks, responsibilities and functions that are being performed for the successful and smooth running of a business.