Answer:
If a large Number of Lakeview residents are questioned, about 44% of them will be Club fans.
Explanation:
Reporting the probability outcome of a singular observation are usually reported as stated above, that the probability of a random sample of Lakeview resident being a club fan is 0.44%. However from a long run relative frequency approach, it requires just more Than one random sample but a large number of samples being evaluated over time.
Hence to expresa as a long run relative frequency, it could be stated as ; report gathered from many Lakeview residents, about 44% of them are Club fans.
Answer:
Explanation:
Rightly ignored a sunk cost since he cannot recover the money back and it really does not have any effect on the decision in the future
Answer:
$27,000
Explanation:
Computation for the charitable contribution deduction
Using this formula
Charitable contribution deduction = (Adjusted basis )+[ 50% (Fair Value – Adjusted Basis)]
Let plug in the formula
Charitable contribution deduction= 24,000 + [50% (30,000 – 24,000)]
Charitable contribution deduction= 24,000+ (50%*6,000)
Charitable contribution deduction= 24,000+3,0000
Charitable contribution deduction = 27,000
Therefore the charitable contribution deduction will be $27,000
Answer:
Money is not considered a capital resource because money is not productive. It provides access to resources but itself does not directly contribute to the production of goods and services.
Entrepreneurial ability does directly produce goods and services; it organizes the resources that do. Entrepreneurs are risk-takers.
Explanation: