Total assets: $3,450
Total liabilities and equity: $3,450
Explanation:
Cash: $2635
Equipment: $815
Total assets: $3,450
Accounts Payable: $185
Owner's Equity: $3,450 - $185 = $3,265
Total liabilities and equity: $3,450
Answer:
customer excellence
Explanation:
The night clerk is not in charge of looking for dry cleaners, he is not Maria's personal assistant nor does he own or operate a dry cleaning service. So the fact that he did more than his job requires him to do, exemplifies how Ritz-Carlton's employees are committed to providing excellent customer service. That small extra effort can really make a difference.
Answer:
Establish project priorities
Explanation:
Option (c) Establish project priorities
The Establish project priorities helps in the smooth running of the project.
It deals with assigning the tasks involved in the project priorities. The priorities are assigned on the basis of the importance, resources required by the particular task, its effect on overall completion time of the project etc.
Answer:
Expected Returns:
1. Stock A:
= (0.2 x 0.04) + (0.5 x 0.05) + (0.3 x 0.07)
= -0.02 + 0.04 + 0.12
= 0.14
= 14%
2. Stock B:
= (0.2 x -0.1) + (0.5 x 0.08) + (0.3 x 0.1)
= -0.008 + 0.025 + 0.021
= 0.054
= 5.4%
Explanation:
a) Data and Calculations:
States(s) Probability E(rAS) E(rB,)
Recession 0.2 -0.1 0.04
Normal 0.5 0.08 0.05
Expansion 0.3 0.1 0.07
b) An investor in Stock A's expected return is the sum of the returns under different economic scenarios of recession, normal economy, and expansion, weighed by the probabilities of each event, which the investor would expect to realize by making the investment in a security. Stock A's expected return shows that the investor in the stock would expect a 14% return on the value of the investment. Whereas, the same investor would expect a return of 5.4% in Stock B's investment.