Answer:
Expected rate of return is 13%
Explanation:
Using the expected values method:
Expected Rate of return = Chance 1 * Outcome 1 + Chance 2 * Outcome 2 + Chance 3 * Outcome 3 + ................... Chance n * Outcome n
So by putting values, we have:
Expected Rate of return = 30% * 20% + 30% * 10% + 40% * 10%
Expected Rate of return = 6% + 3% + 4% = 13%
So the expected rate of return using the expected value method is 13%
<span>In a monopoly, prices are usually higher
because there's no competition,
whereas in a competitive market items which are not priced orderly may never sell
so correct option is A
hope it helps
</span>
If an accrual is for an expense, the adjusting entry debits and asset expense account and credit a liabilty.
<h3> What is an accrued expense?</h3>
Accrued expenses are expenses that are recorded as account payable under the current liabilities section and it is recorded as an expense in the income statement of a company or individual balance sheet.
Example of accrual accounts is accounts payable and receivable, and future interest expense.
Therefore, If an accrual is for an expense, the adjusting entry debits and asset expense account and credit a liabilty.
Learn more on accrued expenses from
brainly.com/question/13450378
Answer:
Deluxe should report a liability for un-redeemed coupons of 799,875
Explanation:
Estimated coupons to be redeemed
597,750
(797,000 * 75%)
Less: Coupons redeemed <u> 420,000
</u>
Coupons un-redeemed 177,750
X Cost per Coupon <u> 4.50 </u>
Liability for un-redeemed Coupons <u>799,875 </u>
