Answer:
Expected value of Total Sales projection is $23,115.
Explanation:
First of all we calculate expected sales projection by multiplying the probability with units, then multiply it to each unit price we will get the expected sales value of each outcome. Adding expected sales value of all outcomes, we will get the total expected sales value.
Outcome Probability Units Sales Volume Price Total Sales
P U V=P x U S TS=V x S
A 0.40 350 140 $21 $2,940
B 0.10 600 60 $30 $1,800
<u> C </u> 0.50 1,050 <u>525</u> $35 <u>$18,375</u>
Total <u>727</u> <u>$23,115</u>
Expected Total Sale projection is 727 units and value is $23,115
Based on the transactions that occurred on Aug. 15 and Oct. 25 the appropriate journal entries for Newton Company are:
Aug. 15
Debit Cash $14,550
($15,000×97%)
Debit Service Charge Expense $450
($15,000×3%)
Credit Accounts Receivable $15000
Oct. 25
Debit Cash $784
($800×98%)
Debit Service Charge Expense $16
($15,000×2%)
Credit Sales Revenue $800
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Answer:C. Once purchased, it is not available for others to buy.
Explanation:
Economics refers to a good or service as excludable if a person who hasn't purchased it can not have access to it or enjoy its benefits. A good or service that can be enjoyed without having paid for it is called non excludable.
Excludable are those goods that once bought they exclusively belongs to that owner such as clothes, food , cars , reserved parking space. There is a competition for these goods and services cause they get owned privately and can't be available to another person once bought.
No excludable refers to those resources that are commonly shared by the public such as fish stocks, timber and coal. Free air channels and other public goods.There is no competition for these goods cause they are available to all consumers.
In __ _ _ _decentralized____ processing, each department has its own computer for performing processing tasks.
Ans: decentralized
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Answer:
Simple, stable
Explanation:
External environment
This is commonly known and includes factors, forces, outcomes, situations, and events outside an organization that influences or affect its performance.
The components of external environment includes: economic, demographic, technological, sociocultural, political/legal, global etc.
Stable-simple environment
This environment is said to be very stable and also predictable. The Few components are sort of similar and remain the same. And it requires little need for sophisticated knowledge of components.