1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
boyakko [2]
2 years ago
15

When using the​ _______ always be careful to avoid​ double-counting outcomes?

Business
1 answer:
Vera_Pavlovna [14]2 years ago
6 0

When using the​ "addition rule" always be careful to avoid​ double-counting outcomes.

At the point when two occasions, A and B, are mutually unrelated, the likelihood that A or B will happen is the total of the probability of every occasion. The addition rule for probabilities portrays two formulas, one for the likelihood for both of two totally unrelated occasions occurring and the other for the likelihood of two non-commonly occasions occurring.  

You might be interested in
Bengal Co. provides the following unit sales forecast for the next three months: July August September Sales units 5,000 5,700 5
Aloiza [94]

Answer:

The budgeted production of the units for the month of July are 5,175 units

Explanation:

The budgeted production of the units for the month of July is computed as:

Budgeted production units for July = July units + 25% of August units - Ending inventory of June

where

July units is 5,000 units

August units is 5,700

So, 25% will be:

= 5,700 × 25%

= 1,425

Ending inventory of June is 1,250 units

So, putting the units above:

Budgeted production units for July = 5,000 units + 1,425 units - 1,250 units

Budgeted production units for July = 6,425 units - 1,250 units

Budgeted production units for July = 5,175

8 0
3 years ago
Cash $ 8,600 Accounts receivable 16,500 Office supplies 2,000 Trucks 173,000 Accumulated depreciation—Trucks $ 35,638 Land 75,00
True [87]

Answer:

Net Income $23,588

Retained Earnings $140,088

Explanation:

To calculate the value of the retained earning at the end of the next year it's necessary to find the income of the current year and then deduct the dividends paid during the year, the remaining value adds to the retained earnings.

This value that we get of retained earnings at the end of the year, it's the value missing at the end of the year to explain the accounting equation of Assets = Liabilitites + Equity

Income Statement Blink

Trucking fees earned $ 135,000

Depreciation expenses -$ 22,987

Salaries expenses -$ 63,315

Office Supllies expenses -$ 13,500

Repair expenses -$ 11,610

Income $ 23,588

Retained Earnings Report  

Opening retained earnings $ 135,500

Add: Net Income $ 23,588

Subtotal $ 159,088

Less: Dividens -$ 19,000

Total $ 140,088

BALANCE SHEETS Dec 31

Cash  $ 8,600

Accounts Receivable  $ 16,500

Office Supplies  $ 2,000

TOTAL CURRENT ASSETS  $ 27,100

Equipment  $ 173,000

Accum Depreciation Truck  -$ 35,638

Land  $ 75,000

TOTAL NONCURRENT ASSETS  $ 212,362

TOTAL ASSETS  $ 239,462

Accounts Payable  $ 12,600

Interest Payable  $ 3,000

TOTAL CURRENT LIABILITIES  $ 15,600

Long Term Notes Payable  $ 52,000

TOTAL NONCURRENT LIABILITIES  $ 52,000

TOTAL LIABILITIES  $ 67,600

Common Stock  $ 31,774

<u>Retained Earnings  $ 140,088 </u>

TOTAL EQUITY  $ 171,862

7 0
3 years ago
3. Columbia Corporation deposited $2,000 in an account that pays 12% interest annually. If the interest is compounded continuous
dangina [55]

Answer:

should be the letter B. $22,046

8 0
3 years ago
Metlock Windows manufactures and sells custom storm windows for three-season porches. Metlock also provides installation service
Xelga [282]

Answer:

June 1 2020

No entry

September 1, 2020

Dr Cash $1,980

Dr Accounts receivable $300

Cr Sales revenue $1,730

Cr Unearned sales revenue $550

September 1, 2020

Dr Cost of goods sold $1,140

Cr Inventory $1,140

October 15 2020

Dr Cash $300

Dr Unearned service revenue $550

Cr Accounts receivable $300

Cr Service Revenue $550

Explanation:

Preparation of the journal entries for Geraths in 2020

June 1 2020

No entry

September 1, 2020

Dr Cash $1,980

Dr Accounts receivable $300

($1,730+$550+$1,980)

Cr Sales revenue $1,730

($1,980/$2,610*$2,280)

($1,980+$630=$2,610)

Cr Unearned sales revenue $550 ($630/$2,610*$2,280)

September 1, 2020

Dr Cost of goods sold $1,140

Cr Inventory $1,140

October 15 2020

Dr Cash $300

Dr Unearned service revenue $550

Cr Accounts receivable $300

Cr Service Revenue $550

6 0
2 years ago
PLS HELPPP FASTTT!!!! Which of the following is not consistent with the efficient market hypothesis?
Morgarella [4.7K]

Answer:

c. News has no effect on stock prices.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country. For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis which states that, asset (share) prices reflect all information and it is very much impossible to consistently beat the market. Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

According to the efficient market hypothesis, News has an effect on

the prices at which a stock is sold because it affects demand and supply.

6 0
2 years ago
Other questions:
  • Question 1 A firm sold goods for $50,000. $10,000 was paid in cash, and the remaining $40,000 was assigned to a customer’s credi
    13·1 answer
  • When using the ice point method for calibrating thermometers you’ll need to place the thermometer in the ice water and adjust th
    15·1 answer
  • Explain the differences b/w short term intermediate and long tern goals
    15·2 answers
  • Ziegler Company properly applies the lower of cost and net realizable value rule and determines that its inventory value has dec
    8·1 answer
  • The Can Division of Sheffield Corp. manufactures and sells tin cans externally for $0.60 per can. Its unit variable costs and un
    10·1 answer
  • Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inven
    13·1 answer
  • Often, international researchers must collect their own primary data because ________.
    15·1 answer
  • WILL MARK BRAINLIEST
    5·1 answer
  • 32 POINTS! Please answer QUICKLY! Giving away a product for free can be a good business practice. Why is this TRUE?
    8·2 answers
  • In Agile projects, detailed risk planning occurs during iteration planning, daily-up meetings, and retrospectives. True False
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!