Answer:
The expected profit is -$13,162.
I would not recomend the investor to make this investment.
Explanation:
The expected profit can be calculated multypling the probabilities of every outcome and the profit of each outcome, and substracting the total invevstment.
The outcomes are:
1) probability 0.39 of a $23,000 loss,
2) probability 0.24 of a $8700 profit,
3) probability 0.12 of a $31,000 profit, and
4) probability 0.25 of breaking even
NOTE: It is assumed that the outcomes does not include the initial investment.
Then, the expected profit of this investment is:
![E(P)=[0.39*(-23,000)+0.24*8,700+0.12*31,000+0.25*0]-10,000\\\\E(P)=[-8,970+2,088+3,720+0]-10,000\\\\E(P)=-3,162-10,000\\\\E(P)=-13,162](https://tex.z-dn.net/?f=E%28P%29%3D%5B0.39%2A%28-23%2C000%29%2B0.24%2A8%2C700%2B0.12%2A31%2C000%2B0.25%2A0%5D-10%2C000%5C%5C%5C%5CE%28P%29%3D%5B-8%2C970%2B2%2C088%2B3%2C720%2B0%5D-10%2C000%5C%5C%5C%5CE%28P%29%3D-3%2C162-10%2C000%5C%5C%5C%5CE%28P%29%3D-13%2C162)
Its between a an B but i think its A
The answer to this question is Transformational
leaders.
<span>Transformational leaders are leaders who inspire
their subordinates / followers by being a role model in order for the members
or followers to enhance their performance. Transformational leaders increase
the morale of the members by creating a vision for them to be guided and
inspire the members to do their best and be motivated always.</span>
Answer:
A. Debit Cash $8,614; credit Dividend Revenue $8,614.
Explanation:
The journal entry for recording the dividend as on April 15 is shown below:
On April 15
Cash Dr (7,300 shares × $1.18 per share) $8,614
To Dividend revenue $8,614
(Being the dividend is recorded)
For recording this here we debited the cash as it increased the assets and credited the dividend revenue as the revenue is also increased
Therefore the correct option is A.
Answer:
passion, persistence, perseverance, and preparation
Explanation:
