Answer:
A. 0.24
Explanation:
From the question ,
The probability that mutual funds A will rise is 40 % , i.e. , P ( A ) = 0.40
The second statement given is , the probability of rise in B with A , is 60% , i.e. , P ( B | A ) = 0.6
Therefore , to calculate the probability that both funds will increase is given by P( B n A ) .
Since ,
P ( B | A ) = P (B n A) / P(A)
Now, putting the respective values -
0.6 = P(B n A) / 0.4
rearranging ,
P (B n A) = 0.6 * 0.4
P(B n A) = 0.24
probability that both the fund A and fund B will rise in price = 0.24 .
Answer:
The correct answer is letter "A": maximizing profits is the primary objective of a firm.
Explanation:
Business private ownership mainly focuses on providing a good or service to a specific or diverse market with the ultimate goal of maximizing profits. Revenue is the reason why those companies exist. On the other hand, state property has the objective of protecting jobs and minimizing social issues.
Firms do create goods. Categories of manufacturing costs include direct labor, direct materials and manufacturing overhead.
<h3>What are manufacturing costs?</h3>
Manufacturing costs is grouped into materials, labor, and overhead. They are kinds of direct costs.
Manufacturing cost is known to be the amount of costs of all resources taken into the process of creating a product. The manufacturing cost is grouped into three categories called: direct materials cost, direct labor cost and manufacturing overhead.
Learn more about manufacturing costs from
brainly.com/question/13767214
Answer:
D. $605,500
Explanation:
The computation of the expected balance in retained earnings on the 2018 is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $533,500 + $112,000 - $40,000
= $605,500
We simply applied the above formula so that the ending balance could arrive by considering all the items given in the question
Answer:
$7,120
Explanation:
Given that,
Assets = $85,900
Liabilities = $13,500
Fair value of assets = $90,500
Fair value of its liabilities = $13,500
Amount paid to acquire all of its assets and liabilities = $84,120
Net assets:
= Fair value of assets - Fair value of its liabilities
= $90,500 - $13,500
= $77,000
Goodwill = Purchase consideration - Net assets
= $84,120 - $77,000
= $7,120
