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larisa86 [58]
4 years ago
10

The expected value of each course of action in a decision tree is determined by starting at the beginning of the tree (the left-

hand side) and working toward the end of the tree (the right).
a. True
b. False
Business
1 answer:
zvonat [6]4 years ago
5 0

Answer:

False

Explanation:

The expected value of each course of action in a decision tree is not determined by starting at the beginning of the tree, instead it is a process because you need to make a desition and in some extend you espect to have some results but  some of them are uncertain or unespected. in this kind of scheme Squares represent decisions, and circles represent uncertain outcomes. Then you need to calcule the desition nodes giving each option a cost or value, This will give you a value that represents the benefit of each decision. at the end calculating choose the option that has the largest benefit, and take that as the decision made. This is the value of that decision node.

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Harlamova29_29 [7]

At the Saint Francis Hospital, an adult education director uses What-if analysis to evaluate the interactions of variables that contribute to the profitability of various potential seminars. A What-If Analysis is the process of altering the values in cells to see how those changes will affect the outcome of formulas on the worksheet.

3 0
3 years ago
On January 1, 2019, Smith, Inc., has the following balances for accounts receivable and allowance for doubtful accounts: Account
slava [35]

Answer:

1. $372,150

2. $650

Explanation:

1. Smith's preadjustment balance in accounts receivable on December 31, 2019:

= Accounts Receivable on January 1, 2019 + Credit sales - Collected accounts receivable - uncollectible accounts receivable

= $386,000 + $2,895,000 - $2,905,000 - $3,850

= $372,150

2. Smith's preadjustment balance in allowance for doubtful accounts on December 31, 2019:

= Allowance for Doubtful Accounts (a credit balance) on January 1, 2019 - uncollectible accounts receivable

= $4,500 - $3,850

= $650

3. The Journal entry is as follows:

Bad Debt Expense ($3,800 - $650) A/c Dr. $3,150

           To Allowance for Doubtful Accounts           $3,150

(Record adjusting entry for bad debt expense estimate)

5 0
3 years ago
Marine Components produces parts for airplanes and ships. The parts are produced to specification by their customers, who pay ei
natali 33 [55]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

8 0
3 years ago
You have decided to renovate your restaurant. You estimate that renovations will result in an extra $125,000 in sales per
lozanna [386]

Answer:

13.33 years

Explanation:

The time it takes for an investment to repay its initial investment if the payback period. For an investment project with regular cash flows, the formula for calculating the payback period is ;

Payback period =Initial investment/cash flows

In this case: Initial investment is $2,000,000.00

cash flow= extras sales per year plus saving on utilities

  = $125,000 + $25,000= $ 150,000

payback period = $ 2,000,000/ $ 150,000

      =13.33 years

5 0
3 years ago
Read 2 more answers
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Ivenika [448]
False because you can get bad credit if you ever owe the bank money or if you made a late payment
6 0
3 years ago
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