<span>The correct answer is (d) should be in written form to avoid confusion. A code of ethics that is simply verbal can lead to a lot of confusion as employees will not actually know it entirely. Being in written form allows everyone in the company to refer to it and follow it.</span>
Answer:
Under the accrual basis of accounting (or accrual method of accounting), revenues are reported on the income statement when they are earned. When the revenues are earned but cash is not received, the asset accounts receivable will be recorded.
The precedence diagram for the problem above is attached. See the definition of a precedence diagram and the probability calculations below.
<h3>What is a precedence Diagram?</h3>
A precedence diagram is an optical or graphical representation tool that displays a project's activities.
<h3>
What is the probability of finishing the project by the 24th day or less?</h3>
Recall that:
z = (Specified Time - Path's mean)/Path's Standard Deviation.
Hence for z₂₁
(21 − 20.5)/1.118 = 0.447 ≈ 0.45.
Hence the probability is: P(Z<0.45) =0.6736
(21 − 21.5)/1.344 = −0.3721 ≈ −0.37
Hence the probability is: P(Z<-.37) = 0.3557
(21 − 19.5)/.726 = 2.066 ≈ 2.07
Hence the probability is: P(Z<2.07) = 0.9808
Following through on the above, the project will be finished in less than 21 days is given as:
P = 0.23499920921
P ≈ 0.2350
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Answer:
The Bert Corp. and Ernie, Inc.
The profit expected is:
= $2,875.
Explanation:
a) Data and Calculations:
The Bert Corp. Ernie, Inc.
IPO order placed 1,150 shares 1,150 shares
Underpriced by $18.00
Overpriced by $6.50
Profited expected $10,350 -$7,475
Net profit = $2,875 ($10,350 - $7,475)
b) The profit expected is generated from the underpriced stock. This profit is reduced by the increased cost incurred on the over-priced stock. Therefore, the net profit is the difference between the profit and the additional cost incurred.
Answer:
Resource Endowments.
Explanation:
In economics, a determinant endowment is generally understood as the area of land, labor, resources, and entrepreneurial spirit a country acquires and is able to take advantage of industrial production.
- Economies with a high capital endowment continue to be more stable than those with a limited endowment if all the other factors are equivalent.
- Resource management and growth, as in money, resources, and labor, of a nation, society, or sector. It includes the facilities connected with the manufacturing, delivery, and production of goods and services.