Answer:
Explanation:
40% probability that bond will be priced at $950
60% probability that bond will be priced at $1050
Expected value of the bond in one year:
(Probability*Price of bond) + (Probability * Callable price bond)= (0.4*$950)+(0.60*$1010)=$986
So, expected value is $986
Answer:
B. Sarbanes-Oxley
Explanation:
The Sarbanes-oxley act also know as Public company accounting reform and investor protection Act and Corporate and Auditing Accountability, Responsibility, and Transparency Act is a US Federal law that cracks down on corporate fraud. The act gave protection to whistleblowers and strengthened the independence and financial literacy of corporate boards.
The Act mandates archiving business documents and relevant internal communication, including e-mail and instant messages to guard against destruction of evidence to impede a federal investigation.
I think the answer must be True! Because the scientist are uncertain of how long the resources will be last. Hope it helped you! Have a great day! :)
Some of the changes that may pose a great opportunity for business are: (1) change in the demands of the consumers (it may be in style, taste, etc) (2) rapid technology, (3) global banking opportunities, and lastly (4) government enhancing ties with the private owners of different business units.
Answer:
Direct material= $5,600
Explanation:
<u>First, we need to calculate the direct labor added to Work in Process:</u>
Direct labor= allocated overhead / predetermined overhead rate
Direct labor= 6,400 / 0.8
Direct labor= $8,000
<u>Now, by difference, the direct materials:</u>
Direct material= Ending balance - allocated overhead - direct labor
Direct material= 20,000 - 6,400 - 8,000
Direct material= $5,600