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snow_tiger [21]
3 years ago
5

DECA is a CTSO for:

Business
1 answer:
nordsb [41]3 years ago
4 0
The answer is Marketing Students
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n investor is considering a $10,000 investment in a start-up company. She estimates that she has probability 0.39 of a $23,000 l
alexdok [17]

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

6 0
3 years ago
Abner tells a representative of Brass & Woodwind Musical Instruments, Inc., that he will pay for Claudia’s trumpet if she do
coldgirl [10]

Answer:

The correct option is B,​only if it is in writing.

Explanation:

Such promise is not enforceable since one of key elements of enforceable agreement(contract) is missing.

The missing element is that Abner is not getting anything of value in return for the promise to pay for Claudia's trumpet.

The only way to get Abner to fulfill the promise in law parlance is get the promise documented as well as signed by Abner,that can be used as an evidence against Abner in future in order to ensure the promise is fulfilled.

3 0
3 years ago
Read 2 more answers
Jax Company uses the acquisition method for accounting for its investment in Saxton Company. Jax sells some of its shares to Sax
Elena-2011 [213]

Answer:

A

Explanation:

In this question, we are to evaluate the validity of the options. We were told he used the acquisition method. When do we use the acquisition method?

The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.

Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.

3 0
3 years ago
Read 2 more answers
You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
zzz [600]

Answer:

<em>a. 22.64%</em>

Explanation:

At first we are going to need to compute the Internal rate of return(IRR) (in which the current value of inflows = the current value of outflows)

Let's let the IRR be <em>x percent</em>

Therefore $4,500 = $750 / (1.0x)

+ $1,000 / (1.0x) <em>power 2</em> + $850 / (1.0x) <em>power 3 </em>

+ $6,250 / (1.0x) <em>power 4</em>

Thus, x = approximate return rate = <em>22.64 percent</em>

6 0
3 years ago
why it is so difficult to compare unemployment rates in the United States with unemployment rates in poorer countries?
GenaCL600 [577]

Answer: unemployment rate depends solely on the size of labor force and every country has different labor force sizes.

Explanation: https://coursepivot.com/tutor-answers/which-of-the-following-helps-explain-why-it-is-so-difficult-to-compare-unemployment-rates-in-the-united-states-with-unemployment-rates-in-poorer-countriesselect-the-correct-answer-below/#:~:text=Cross-country%20comparisons%20of%20unemployment%20rates%20is%20difficult%20to,and%20every%20country%20has%20different%20labor%20force%20sizes.

4 0
3 years ago
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