Answer:
a. - $3,100
b. $17,300
Explanation:
Changes in working capital = (ending balance of current assets - ending balance of current liabilities) - (beginning balance of current assets - beginning balance of current liabilities)
where,
Beginning current assets = Account receivable + inventory
= $25,200 + $12,600
= $37,800
Ending current assets = Account receivable + inventory
= $23,600 + $13,700
= $37,300
And, the current liabilities is given
= ($37,300 - $17,700) - ($37,800 - $15,100)
= $19,600 - $22,700
= - $3,100
b. The computation of the cash flow is shown below:
= Sales - costs + decrease in accounts receivable - increase in inventory + increase in accounts payable
= $36,600 - $24,600 + $1,600 - $1,100 + $2,600
= $17,300
The decrease and increase in current assets and liabilities shows a difference between the beginning and ending year amounts
Answer:
0.51
Explanation:
Given the following :
Cost of playing = $2
Total cards in a deck = 52
Number card(2 - 10) = (4 * 9) = 36
P(number card) = 36 /52 = 9 / 13 = 0.69
Winning for number card = $0 - $2 = - $2
Face card = (3 * 4) = 12
P(face card) = 12 / 52 = 3 / 13 = 0.23
Winning on face card = $3 - $2 = $1
Ace excluding ace of club= 3
P(ace) = 3 / 52 = 1 / 13 = 0.057 = 0.06
Winning on ace = $5 - $2 = $3
Ace of club = 1
P(ace of club) = 1/52 = 0.019 = 0.02
Winning ( additional) = $20
Total winning = $20 + $5 - $2 = $23
Expected profit per game :
Σ(Probability * winning)
Σ(-2 * 0.69) + (1 * 0.23) * (0.06 * 3) + (0.02 * 23)
Σ (-1.38 + 0.23 + 0.18 + 0.46)
= 0.51
Answer:
Participative
Explanation:
The path-goal theory can be regarded as one that describes the behavior of a leader son that is contingent to the satisfaction, performance of their employees and to motivation. The job of manager is been viewed as activities to guide workers so they can choose the best paths in order to
reach their goals and goals of the
corporation. Participative leadership can be regarded as style of leadership whereby every members of the organization work hand in hand in making decisions.
It should be noted that According to the path-goal theory, employees with an internal locus of control should prefer a leader who is Participative.
Answer:
4. should consume less of X and more of Y.
Explanation:
Marginal Utility is defined as the satisfaction that an individual gains after consuming additional units of a certain goods or services.
In the given scenario there are two products X and Y. The price of X is higher than Y. The product X takes more time to consume than of product Y. The consumer should make a combination to maximize its marginal utility. The time to consume a unit worth $2 per hour therefore the consumer should focus consuming more of Y and less of X to save its time to consume the unit which will result in maximizing its marginal utility.
Answer:
Definitely
Explanation:
I 100% agree as circumstances differ and could affect the investment however it can be a way to generate lots of money.