Answer:
An investment firm or fund is a partnership, trust or corporation that “pools” money from shareholders and invests it in the appropriate security instruments and multiply investment money.
When three possibilities are equally likely and have payoffs of $3, $6, and $9. Then the expected value will be $6.
<u>What is Expected Value? </u>
Expected value refers to when you play the game it will tell you the probability or winning chance and amount to win.
Hence, in the above questions, there are equally likely possibilities.
So, in this case, the probability for each possibility is 1/3.
We can calculate the expected value (EV) as:
EV=((1/3) x $3) + ((1/3) x $6) + ((1/3) x $9)
=1 + 2 + 3
=$6
Therefore, the expected value will be $6 when three possibilities are equally likely and have payoffs of $3, $6, and $9.
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IRAC stands for Issue, Rule, Application, Conclusion
I'll just put out issues.
James Jones - corruption, extortion, and blackmail
Tom Cruise - health violations, bribery
Both conducted under the table negotiations.
<h2>Q1. The company's conformance with standards</h2><h2>Q2. It is illegal for an employer to continue to hire new employees while laying off other employees.</h2>
Explanation:
Question 1:
Ability to meet designed specification is called conformance. So since the HR manager wants to check if the organization is managing its bottom line, it is better to measure whether the contributions meet the expectations.
Question 2:
When the turnover is not up to the mark, then it is not recommended to hire a new one and send off the existing employee. We can increase turn over only with the existing set and on need the company can hire new people.
It can be deduced that the post-closing trial balance is important as it verifies that:
- we prepared and posted closing entries correctly.
- the accounts are ready for next period's transactions.
<h3>What is a trial balance?</h3>
A trial balance simply means the bookkeeping where the balance of all the ledgers are compiled.
The post-closing trial balance is important as it verifies that we prepared and posted closing entries correctly and that the accounts are ready for next period's transactions.
Learn more about trial balance on:
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