After implementing a solution to a given work-related problem, the manager should EVALUATE THE OUTCOME OF THE SOLUTION.
The evaluation of the chosen solution is very important, it is needed to determine whether the solution chosen effectively take care of the problem or not. The evaluation process examines the effectiveness of the solution. <span />
Answer:
Option (D) 1.29%
Explanation:
Data provided in the question:
Treasury bill returns over four years :
4%, 3%, 2%, and 5%
Now,
Average return = (4% + 3% + 2%+ 5%) ÷ 4
= 3.5%
Standard deviation = [ ∑(Return - Mean)² ] ÷ [ n -1 ]
= [ (4% - 3.5%)² + (3% - 3.5%)² + (2% - 3.5%)² + (5% - 3.5%)² ] ÷ [ 4 - 1 ]
= 3.87% ÷ 3
= 1.29%
Hence,
Option (D) 1.29%
Answer:
40 persons
Explanation:
Given:
Total cost of trip = $560
Number of people Decide not to go = 5 people
raise cost = $2
Assume:
Number of people wants to go = a
Cost per person = b
So, a x b = $560 , b= 560/a
After people decided not to go ,
Total number of people = (a-5)
New cost = (b+2)
So , total cost = (a-5)(b+2) = $560
ab +2a -5b -10 = 560 , where ab = $560
2a -5b = 10
2a -5b = 10
By putthing value of b
2a - 5 (560/a) = 10
2a - (2800 / a) = 10
2a² - 2800 = 10a
2a² -10a - 2800 = 0
a= 40
Total 40 persons wants to go.
Answer:
The Sales Returns and Allowances account is on the income statement as a deduction from Sales.
Explanation:
Sales Returns and Allowance account represent the balance of all sales that have been returned by the customers for any reason and discounts given to the customers. It is a contra sales account. It is presented on the income statement only as a deduction from sales. It is not presented on balance sheet. So, the correct option is on the income statement as a deduction from Sales.
Answer: The correct answer is "B. underwrite".
Explanation: Investment bankers <u>underwrite</u> new issues of bonds or stocks by purchasing, at a discount, the entire stock or bond issue of a firm and selling the issue to interested investors at a higher price.
In this way, investment banks generate their profit, acting as a financial intermediary.
