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kirill [66]
2 years ago
11

What is the amount of physical goods and services that can be bought with a given amount of money?

Business
1 answer:
STALIN [3.7K]2 years ago
3 0

Answer:

please Elaborate like how much money do you have or something

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You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery
Eduardwww [97]

Answer: The expected loss is $2.3

Explanation:

Total number of tickets to be sold = 100 tickets

one $450 prize, the expected gain = 450 x (1/100)  = $4.5

two $110 prizes, the expected gain = 110 x (2/100) = $2.2

four $25 prizes. the expected gain = 25 x (4/100) = $1

Expected gain (loss) = Total expected gain - Cost of the ticket

                                  = (4.5 + 2.2 + 1 ) - 10

                                  = (2.3)

The expected loss is $2.3

5 0
3 years ago
Read 2 more answers
On January 1, 2019, Sheffield Corp. had the following stockholders' equity accounts. Common Stock ($12 par value, 81,300 shares
Whitepunk [10]

Answer:

In attachment.

Explanation:

In attachment.

Download docx
6 0
3 years ago
Which type of HR professional uses various​ methods, including contacts within the community and print and online​ media, to sea
Alexus [3.1K]

Answer:

Recruiter is the correct answer.

Explanation:

Recruiter's job is to works with managers to find the qualified candidates that fill the vacant post as per requirement.

Recruiter HR professional responsibilities are to use a different method that includes updatings the ads for jobs, selecting the required candidates, to conduct the background investigation to find for fitted job candidates.

5 0
3 years ago
Blossom Company was organized on January 1. During the first year of operations, the following plant asset expenditures and rece
Westkost [7]

Answer:

Building:

cost of bulding                          25,100

write-off demolished building <u>(25,100)</u>

Balance:                                              0

Building under construction:

exacavation cost 13,100

architect's fees    32,100

contractor           <u>640,100</u>

Balance:              685,300

Land:

acquisition cost                        255,100

property taxes paid at purchase<u> 2,180</u>

Balance:                                   257,280

Land improvements:

parking lot and driveways 28,100

fences                                  <u>  5,810</u>

balance                                33,910

period cost:

demolition expense           24,100

salvage from demolition    (11,000)

property taxes expense        5810

loss at disposal (building) <u> 25,100</u>

balance:                              44,010

Explanation:

For building and land we should follow the accounting procedure of include all the incurred or assumed cost to contruct and leave it ready to use.

As there is no indication that construction was completed we should assume the building is under construction.

As we demolish the old building we should write-off and recognize  the loss and the demolition expense.

The property taxes after the purcahse are cost of the period.

Before the taxes were a necessary cost to acquire the land.

The salvage from the demolition decrease the expense are not considered revenue.

4 0
3 years ago
Why do lean-agile leaders try to connect the silos of business, system engineering, hardware, software, test, and quality assura
geniusboy [140]
The Silo Mentality in a business is something that lean-agile leaders are trying to break down. The silos in a business prevent the free-flowing exchange of information within groups. This results in a Silo Effect, which in turn, limits interactions between members, teams, and departments. Having this mindset in place within a company reduces productivity.

As Lean-Agile Leaders, they are enablers for the different teams within a company and they're lifelong learners aiming to further develop the people in an organization alongside the organization itself. By connecting the silos business, system engineering, hardware, software, test, and quality assurance they can increase productivity & increase their rate of success.
4 0
3 years ago
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