The probability that the company will not lose money next quarter using both addition and complement rules is 0.8.
<h3>Calculation of a Probability Using Addition and Complement Rules</h3>
Let:
P(E) = The probability that the company will earn a profit next quarter = 50%, or 0.50
P(B) = The probability that the company will break even next quarter = 30%, or 0.30
P(L) = The probability the company will lose money next quarter = 20%, or 0.20
P(NL) = The probability the company will not lose money next quarter = ?
Therefore, we have:
a. The probability the company will not lose money next quarter using addition rule can be calculated as follows:
P(NL) = P(E) + P(B) = 0.5 + 0.3 = 0.8
b. The probability the company will not lose money next quarter using complement rule can be calculated as follows:
P(NL) = 1 – P(L) = 1 – 0.2 = 0.8
Learn more about the complement rule here: brainly.com/question/13655344.
Answer:
Jacko Inc Costo fo Capitak8.15%
Explanation:
From the gordon model for stock valuation
<em><u>we clear and solve for cost of equity </u></em>
D1 = D0(1+g)= 0.8 (1.08) = 0.0864
P 57.5
g 0.08
Ke 0.081502609 = 8.15%
Answer:
IRS ,AICPA Statements on Standards for Tax Services.
Explanation:
From the question, we are informed about Bob, that has a client with a strong belief that he is correct about an aggressive but creative tax position.
and how Bob files the tax return with disclosure on his client's included.
In the case of agreement on the disclosure of the position, then it should be disclosed to IRS. which is a form of Statements on Standards for Tax Services.they are responsible for quality control as far as tax is concerned.
