Answer:
- Record a liability.
- Disclose in notes.
- Have no disclosure.
Explanation:
A contingent liability should only be recorded if the likelihood of it happening is known and the value can reasonably be estimated.
In the first scenario, it is likely that Huprey will lose so the likelihood is known. The value can also be reasonably estimated to be $1,070,000 so this should be recorded as a liability.
In the second scenario, the likelihood is known but the value cannot be estimated. In such a case, simply disclose this possibility in the notes of the financial statement.
For the third scenario, the possibility of the liability being incurred is remote so there is no need to either record or disclose the liability.
Answer: 89.5% or 0.895
Explanation:
Probability of you making it home if the flight is canceled:
= Probability that flight is canceled * probability that Walter has a seat
= 35% * 70%
= 24.5%
Probability of you making it home by flight:
= 100% - 35%
= 65%
Probability of you making it home for the holidays:
= Prob. if flight is canceled + Prob. by flight
= 24.5% + 65%
= 89.5%
Answer:
E- Gender balance
Explanation:
Gender balance is an important consideration in having a good board for a number of reasons.
- Gender balance provides diversity of thought, contributing to better decisions being made. This diversity of thought contributes to better stakeholder representation as well as up to pace evolution with the market.
- Gender balance as well, brings together strengths more expressed in each gender. For instance, men are more objective and women function better at defining responsibilities
. Bringing together individual strengths, creates a stronger team and increases efficiency of the board.
- Gender diversity also increases access to various essential skills such as operational experience, knowledge of the industry.
E. decrease in both number of shares outstanding and the market price per share
Answer:
professional benefits
Explanation:
Based on the information provided within the question it can be said that this is an example of the professional benefits of listening. Listening to others in the workplace can bring various benefits to the workplace because it allows problems to be voiced and solved which like demonstrated in the question allows for a more relaxed and efficient work team.
