when does the closing process take place? multiple choice question. at the beginning of an accounting period before financial statements are prepared at the end of an accounting period multiple times throughout a month to determine net income
Answers
Answer:
at the end of an accounting period
Explanation:
i got it right
The closing process takes place at the end of an accounting period.
A time period that includes specific accounting operations is known as an accounting period; it might be a week, month, or quarter, for example, as well as a calendar or fiscal year. The accrual method of accounting enables uniform reporting and provides for the creation of accounting periods for reporting and analysis purposes. Two key ideas, revenue recognition, and matching, control accrual accounting. According to the revenue recognition principle, revenue should be declared as soon as it is earned rather than after cash has been received. According to the matching principle, expenses should be recorded during the same accounting period as the income they produce.
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Related Questions
Good credit give you option. Bad credit take away your option. Chooe the one correct anwer
Answers
The correct answer is good credit gives you options.
What is Credit?An official business document that a seller issues to a buyer are a credit note or credit memo. The credit note serves as the sales return journal's primary source document.The credit note, therefore, provides evidence of the sales drop. A credit memo, sometimes known as a "credit memorandum," is a document that details a decrease in the amount that a buyer owes a seller in accordance with an earlier invoice.In the absence of a deposit, such as when the bank collects the depositor's note due, it can also take the form of a letter from a bank to a depositor confirming that the depositor's balance is being kept.To learn more about Credit from the given link
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A friend asks to borrow $54 from you and in return will pay you $57 in one year. If your bank is offering a 6.5% interest rate on deposits and loans: a. How much would you have in one year if you deposited the $54 instead? b. How much money could you borrow today if you pay the bank $57 in one year? c. Should you loan the money to your friend or deposit it in the bank? a. How much would you have in one year if you deposited the $54 instead? If you deposit the money in the bank today you will have $ in one year. (Round to the nearest cent.) b. How much money could you borrow today if you pay the bank $57 in one year? You will be able to borrow $ today. (Round to the nearest cent.) c. Should you loan the money to your friend or deposit it in the bank? (Select from the drop-down menu.) From a financial perspective, you should as it will result in more money for you at the end of the year.
Answers
a. If you deposit the money in the bank today, you will have $ $57.51 in one year.
b. You will be able to borrow $$57.33 today.
c. From a financial perspective,you should deposit the money in the bank.
What is a bank deposit?A bank deposit is the placement of money or funds into a bank account for safekeeping and future use.
a. If you deposit the $54 in the bank at a 6.5% interest rate, you will have -
Future Value = Principal × (1 + interest rate)
= $54 × (1 + 0.065)
= $57.51
b. To determine how much money you can borrow today, we need to calculate the present value. Rearranging the formula for future value, we have:
Present Value = Future Value / (1 + interest rate)
= $57 / (1 + 0.065)
=57.3312676056
= $57.33
c. Based on the calculations,depositing the money in the bank would yield a higher return ($57.51 ) compared to loaning it to your friend ($57).
Therefore, from a financial perspective,it is more beneficial to deposit the money in the bank.
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Part of maintaining a personal brand is making sure that it is credible. What does this mean and how can you accomplish it? Give at least three example of how to do that.
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Maintaining authenticity and honesty in all of your interactions with your followers and clients can help you build trust through your personal brand.
What does having a trustworthy personal brand entail?Personal credibility is primarily based on substance. Afterward, demonstrate to everyone in your vicinity what you can achieve and how you may help. It's about gaining confidence so you can perform more of the work you want to. Your social media posts may receive likes if your personal brand is powerful.
What factors determine a successful personal brand?Your personal brand should convey your distinctive qualities, showcase your skills, inspire confidence, and generate a reputation in the field you are in now or want to enter. A person's story is their personal brand.
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Which time-series model uses BOTH past forecasts and past demand data to generate a new forecast? a. exponential smoothing b. naive c. weighted moving average d. trend projection
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Exponential smoothing time-series model uses both the past forecasts and the past demand data to generate new forecast.
What is exponential smoothing?Exponential smoothing is a statistical technique used to analyze time series data. It is a forecasting method that uses weighted averages of past observations to forecast future values. The method is based on the principle that recent data points are more relevant for predicting future values than older data points. The technique assigns exponentially decreasing weights to the past observations, with the most recent observation having the highest weight. Exponential smoothing is widely used in business and economics to forecast demand, sales, and inventory levels. The technique is also used in other fields such as engineering, meteorology, and social sciences for forecasting future values of various variables.
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Hayden works with flammable chemicals in his career in a perfume factory. Based on that information, which of the following conditions might warrant his higher wage. decision making stress level supervision danger or risks
Answers
The condition that might warrant his higher wage is the danger or risks present in the workplace.
What is the condition of the workplace?The condition of the workplace present a high hazard because of the flammable chemicals that can cause serious accident
Hence, the condition that might warrant his higher wage is the danger or risks present in the workplace.
Therefore, the Option D is correct.
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Answer:
D
Explanation:
ill give every answer when im finish dont delete me
What is a trendy way to tell a story and relay information by displaying it in a colorful, graphic oriented fashion?.
Answers
For the purpose of understanding and picturization of ideas, one presents story or in formation with the use of:
PowerPointPowerPoint presentationPowerPoint presentation within is used in creating an engaging presentation that keeps your audience hooked till the end. It is the application used for colourful, graphic oriented fashion.
Therefore, the correct answer is PowerPoint presentation.
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Answer:
Power point presentation
Explanation:
if india traded textiles with the united states in exchange for corn products, this would be an example of which form of countertrade?
Answers
The United States government will profit from the import taxes levied on textiles from India.
If trade obstacles are removed, the United States will suffer. The United States will suffer from the removal of trade barriers because a flood of Indian textiles will be poured into the nation, stunting the development of domestic textile manufacturing enterprises. India has a competitive advantage over the US in the production of textiles since they are in higher demand than aircraft, which are only seldom needed. The United States government will profit from the import taxes levied on textiles from India. Since India will produce textiles at the lowest cost per unit and flood the USA with reasonably priced, high-quality apparel, the government will benefit greatly from import tariffs.
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How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.
Answers
D. Maintain good relations with the management.
Answer:
it is (C)
Explanation:
Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answers
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
one more..please..i need it
Answers
1. Concept artists collaborate with directors and production designers to visualize a film's vision. To create a CG creature or object, they collaborate closely with look development teams, as well as experienced lighting artists and modeling artists.
Once the script is finalized and pre-production begins, directors frequently hire artists to create the film's visual aesthetic.
2. Higher resolutions have more pixels per inch (PPI), which means more pixel information and a higher-quality, crisp image. Lower resolution images have fewer pixels, and if those few pixels are too large (typically when an image is stretched), they can become visible.
3. Kinematics is the study of the motion of mechanical points, bodies and systems without consideration of their associated physical properties and the forces acting on them. The study is often referred to as the geometry of motion, and it models these motions mathematically using algebra. In kinematic animation the objects are moved according to a set of given equations for the velocities or the accelerations at certain points of the objects. This procedure results in a realistic animation only if the prescribed velocities and accelerations were derived from a complete dynamic physical model.
4. Role: Creative Director
Function: Creative directors have almost always worked in animation for some time and have experience sourcing, casting, and creating various animation teams before encouraging consistent, high-quality performances from them.
This position piques my interest. Because it not only provides a large playing field for a variety of creative interventions, but it also aids in the development of important interpersonal skills such as networking and leadership.
5. An graphic tablet is a PC input gadget that is much of the time a non-show tablet, implying that it doesn't have a presentation screen; rather, graphic tablets include a drawing surface that specialists might draw on with a Stylus.
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Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. Boats from as far away as California and Japan braved the treacherous Gulf of Alaska crossing to reach the abundant king crab beds in Cook Inlet and Bristol Bay. Suddenly, in the early 1980s, the fishery crashed due to over fishing. All crabbing in those areas ended. To this day, there is no crabbing in Bristol Bay or Cook Inlet. a. How would an economist explain the decline of the Alaska king crab fishery? b. Explain two programs you could institute to protect the fishery and still allow some crabbing again. c. Canadians have been very successful in farming salmon in coastal fiords along the coast of British Columbia. Why have they been successful with salmon when the crab fishery crashed?
Answers
Answer and Explanation:
a. The crabs are a Common Good. They means can run out of supply if their use gets too much by society. Therefore, the decline of the Alaska king crab fishery can be explained by stating that the plenty types of boats such as those from California and Japan, has caused people to overfish, excessive fishing has brought about a decline in the supply of crabs.
b. There are 2 ways to avoid this
1. fishing permits have to be sold to the fishermen coming to fish for the crabs. Then the persons with the highest willingness to pay will come and buy the permits to fish.
2. Issuing just a particular amount of permits this would cause the fishermen to trade these permits. These open-market strategies have proved to be effective in organizing economic activity and are good stimulators in an economy.
c. They have been successful because regulations have been placed on fishing by the government. Also, if there are restrictions on other countries using up their spots and Canadians are the only ones fishing salmon, then there will be reduction in the decay rate of the population of the salmon, the salmon can easily repopulate, then Canadians would be able to come back the next year to fish again..
every year, antoni hosts a holiday party for his friends. his party budget is $200. antoni spends his budget on food platters that cost $25 each and on entertainment, which costs $50 per hour.
Answers
The budget constraint of Antoni based on the information is 25f + 50e = 200
The budget constraint simply means a boundary of the opportunity cost. It represents all the combinations of goods that a person will buy at a price based on the income that the person has.
Based on the information given,
Income = $200
Cost of food platters = $25 each
Cost of entertainment = $50 per hour
Therefore, the budget constraint based on the above will be 25f + 50e = 200 where f = food platters and e = entertainment.
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Quantitative industry-attractiveness scores can be calculated based on
Multiple select question.
- the presence of cross-industry strategic fit.
- emerging threats and opportunities.
- current long-term interest rates.
- market size and projected growth rate.
Answers
Current long-term interest rates are not typically used as a factor in calculating industry-attractiveness scores, as they are not directly related to the attractiveness of an industry. Option (b) and option (d) is correct answer.
Instead, factors related to market size, growth potential, and competitive dynamics are generally considered to be more relevant in determining the attractiveness of an industry.
To calculate quantitative industry-attractiveness scores, you should consider:
- Emerging threats and opportunities
- Market size and projected growth rate
These factors help in assessing the overall attractiveness of an industry by using measurable and objective data. The presence of cross-industry strategic fit and current long-term interest rates are not directly related to quantitative industry-attractiveness scores. Therefore correct answer is (b), (d).
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On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6%
interest, compounded quarterly. If he hasn't made any additional deposits or
withdrawals since then, and if the interest rate has stayed the same, in what
year did his balance hit $2300, according to the rule of 72?
Answers
Answer:4900
Explanation: it makes sence duh.
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Some economists look at the world through a “lens of scarcity.” What does this mean?
There is never going to be enough.
There will always be more than enough.
There will be enough for everyone but never a surplus.
Answers
Answer:
Dont worry about me, I just added this answer so the other person can get their brainliest because they definetly deserve it
Explanation:
Wilbur has $800 to open a checking account. He can maintain a minimum balance of at least $500. He plans to use the ATM twice a month and he maintains a savings account at the same bank. His employer has direct deposit and he sometimes overdrafts his account. Bank Account Terms and Conditions Bank Account terms and conditions. Bank A is best for Wilbur. Wilbur wants a checking account with the lowest fees. Which checking account would be best for Wilbur? Account A Account B Account C Account D.
Answers
Answer:
Account A
Explanation:
It should be noted that the checking account that would be best for Wilbur is Account A.
A checking account simply means a type of bank account that allows one to easily deposit and withdraw money to carry out transactions.
From the complete information, it can be noted that Wilbur wants a checking account with the lowest fees. Therefore, the best option that should be chosen is Account A.
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0,000 4. How much sales are required to earn a target net income of $160,000 if total fixed costs are $200,000 and the contribution margin ratio is 40%? a. $500,000 b. $810,000 c. $900,000 d. $400,000
Answers
Option c: The amount of sales required to generate a target net income of $160,000, given that the total fixed costs are $200,000 and the contribution margin ratio is 40 percent, is $900,000.
The contribution margin is calculated using the following formula:
Contribution Margin = Sales - Variable Costs
The contribution margin ratio is calculated using the following formula:
Contribution Margin Ratio = Contribution Margin / Sales
In this problem, we need to calculate the amount of sales required to earn a target net income of $160,000. Therefore, we can use the following formula:
Target Net Income = (Sales * Contribution Margin Ratio) - Fixed Costs
We can re-arrange this formula as follows:
Sales = (Target Net Income + Fixed Costs) / Contribution Margin Ratio
Substitute the given values:
S = ($160,000 + $200,000) / 0.40S = $900,000
Therefore, the amount of sales required to earn a target net income of $160,000, given that the total fixed costs are $200,000 and the contribution margin ratio is 40 percent, is $900,000.
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According To The Job Characteristics Model, The Psychological State Of Knowing The Actual Results Of The Work Is Influenced By Which Core Job Characteristic? Multiple Choice
O Autonomy
O skill variety O task significance O feedback O task identity
Answers
According to the Job Characteristics Model, the psychological state of knowing the actual results of the work is influenced by the core job characteristic of Feedback. Option d is answer.
The Job Characteristics Model is a framework that identifies core job characteristics that can impact employee motivation and job satisfaction. One of these characteristics is feedback, which refers to the degree to which employees receive information about the quality and effectiveness of their work. When employees have access to feedback, they can evaluate their performance and make adjustments, leading to a greater sense of control and satisfaction with their work.
Option d is answer.
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The drawee is the
Question 4 options:
person who writes the check.
person who reconciles the account.
bank with which the drawer has an account.
person to whom the check is payable.
Answers
Answer:
C
Explanation:
The drawee is the bank with which the drawer has an account.
Sometimes news organizations have biases because:
A. they are concerned about a national crisis.
B. the government pays them to be biased.
C. they need to make money and get advertisers.
D. the audience has to be influenced.
Answers
Answer:
c
Explanation:
Sometimes news organizations have biases because they need to make money and get advertisers. Hence, option C is correct.
What is organizations?a group of people who work together in an organized way toward a common objective: the World Health Organization. The essay was about international aid organizations. more occurrences.
A structured grouping of people, such as a company, nonprofit, political party, or club, is known as an organization. These speciality schools are mostly run by nonprofit organizations. a report from the International Labor Organization.
The majority of firms today use one of three types of organizational structures: functional, departmental, or matrix. The advantages and disadvantages of each form must be considered by owners before deciding which to utilize for their business.
Thus, option C is correct.
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On his first day as a police officer, Rudy learned about the importance of rank in the force. Beat officers were the lowest-ranking members, detectives the next level, then sergeants, then lieutenants, and then the captain. When a higher-level police officer issued an order, lower-ranking members of the force jumped. That’s just the way it was, and no one questioned the chain of command. This is an example of the_____________ element of the path–goal theory.a. leadership styleb. environmentalc. outcomesd. employee
Answers
The example given illustrates the leadership style element of the path-goal theory.
So, the correct answer is A.
What's the path-goal theory?The path-goal theory focuses on how a leader's behavior affects the motivation and satisfaction of their followers in achieving their goals.
The example highlights the hierarchical structure of the police force, where higher-ranking officers have the power to issue orders that lower-ranking officers must follow without question.
Therefore it's example has correct answer A.
This autocratic leadership style is a clear example of the path-goal theory's directive leadership style, where leaders provide specific guidance and structure to their followers.
This leadership style is effective when the tasks are ambiguous or complex, and followers need clarity and direction. However, it may also lead to reduced motivation and satisfaction among followers if they feel like they lack autonomy or input in the decision-making process.
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Embellishment or exaggeration is justified when needed for persuasive sales message.
Answers
Embellishment or exaggeration is generally not justified when it comes to persuasive sales messages. While the goal of a sales message is to effectively communicate the benefits and value of a product or service, it is important to maintain honesty and integrity in the process.
Misrepresenting or exaggerating the qualities or capabilities of a product can lead to misleading customers and erode trust. It may result in dissatisfied customers, negative reviews, and potential legal consequences. Building a long-term relationship with customers is often based on trust, transparency, and delivering on promises.
Instead of relying on embellishment or exaggeration, it is more effective to focus on highlighting the genuine strengths and unique selling points of a product or service. Providing accurate and reliable information, addressing customer needs and concerns, and offering evidence-based support for claims can build credibility and enhance the persuasive power of a sales message. Ethical sales practices involve promoting products or services based on their actual benefits and value, while ensuring that customers are well-informed and able to make informed purchasing decisions.
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business ethics is a commitment to following the opinions of stakeholders in pursuing a course of action in business operations. true or falso
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This is true, Business ethics talent the conduct of a businessman whilst conducting a business, via staring at morality in his agency activities.
Is enterprise ethics moreover viewed as ethics?Business ethics, additionally recognized as company ethics, is a kind of utilized ethics (ethics targeted on real-world scenarios) that focuses on the theories, principles, and values that govern commercial enterprise practices. Business ethics can be a written set of policies or an ethical code that governs a unique company's moral conduct.
Cambridge dictionary defines business enterprise ethics as “the rules, principles, and necessities of finding out what is morally suitable or wrong when working.” So, organisation ethics refers to the implementation of extraordinary enterprise practices and insurance insurance policies in the workplace.
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https://brainly.com/question/11497750#SPJ1Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
Answers
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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Jacob is looking to buy some car insurance and is reviewing different policies from several different agencies. The first policy he sees costs$750 for the upcoming year and is worth $10000 if he gets in a collision.After doing some research, he estimates that he has a 8% of getting in acar accident for that year. What is the expected value of buying this insurance policy
Answers
The expected value of buying this insurance policy is $50.
The expected value of buying the insurance policy is the weighted average of probabilities of the cost of the insurance and the cover if Jacob gets into an accident.
If Jacob gets into an accident and is covered, his payout will be:
= benefit - cost
= 10,000 - 750
= $9,250
The probability of this happening is 8%.
If Jacob does not get into an accident he would lose the $750 he paid in insurance premiums. The probability of this happening is:
= 100% - 8%
= 92%
The expected value of the insurance is:
= (probability of accident * payout if there is an accident) + (probability of no accident * payout if there is no accident)
= (8% * 9,250) + (92% * -750)
= $50
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you buy a 20-year bond with a coupon rate of 8.2% that has a yield to maturity of 9.2%. (assume a face value of $1,000 and semiannual coupon payments.) six months later, the yield to maturity is 10.2%. what is your return over the 6 months? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places. negative amount should be indicated by a minus sign.)
Answers
The return over the 6 months is -3.98%.
The total return over the 6 months include one coupon payment, plus the capital gain (or loss) over the period.
Given 1000 face value, the semi-annual coupon payment = 1000 * 8.2% / 2 = 41.
To find the capital gain or loss, we need to compute the purchase price of the bond and the sale price of the bond. In each case, the price of the bond is equal to the present value of bond payments, discounted at the bond's yield to maturity.
purchase price: ∑40 t=1 = \(\frac{1000\times 0.082/2}{(1+ 0.092)^{t} }\)+ \(\frac{1000}{(1+0.092)^{40} }\)= 909.29
sale price: ∑39t=1 = \(\frac{1000\times 0.082/2}{(1+ 0.102)^{t} }\)+\(\frac{1000}{(1+0.102)^{39} }\) = 832.10
Total dollar return = 41 + (832.10 - 909.29) = -36.19. Percentage return = -36.19 / 909.29 = -3.98%
What is capital gain?Capital gain is a financial term defined as the profit from the sale of an asset that has increased in value during the period of ownership. Assets can include tangible assets, a car, a business or intangible assets such as stocks. the capital gains mean an increase in the value of assets. These profits are usually realized when the property is sold. Capital growth is often associated with investments such as stocks and mutual funds because of their inherent price volatility.
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As part of the initial investment, Ray Blake contributes equipment that had originally cost $97,300 and on which accumulated depreciation of $72,975 has been recorded. If similar equipment would cost $140,300 to replace and the partners agree on a valuation of $48,800 for the contributed equipment, what amount should be debited to the equipment account
Answers
Answer:
$48,800
Explanation:
the computation of the amount that should be debited to the equipment account is as follows:
Given that
The cost of an equipment is $97,300
the accumulated depreciation is $72,975
The replacement cost is $140,300
And, the valuation of the equipment is $48,800
So based on the above information, the amount that should be debited is equivalent to the valuation of the equipment i.e. $48,800
traditional kitchen created.when a special was absent, it was a problem. how does a morden kitchen use cross training to solve that problem?
Answers
Answer: In a modern kitchen, cross-training is a common solution to address the problem of staff shortage or absence.
Explanation: In a modern kitchen, cross-training is a common solution to address the problem of staff shortage or absence. Cross-training involves training staff members to be proficient in multiple roles within the kitchen. This allows for more flexibility in scheduling and ensures that the kitchen can continue to operate efficiently even when a key staff member is absent.
For example, if a chef is absent, a line cook who has been cross-trained can step up and take over the chef's responsibilities. Similarly, if a dishwasher is absent, a prep cook who has been cross-trained can take over the dishwashing duties. This helps to ensure that the kitchen runs smoothly and that service is not disrupted.
Cross-training also has other benefits for the kitchen. It can increase employee morale by giving staff members the opportunity to learn new skills and take on new challenges. It can also help to create a more cohesive team by breaking down barriers between different roles within the kitchen.
Overall, cross-training is a valuable tool for modern kitchens to address the problem of staff shortages or absences, and it can lead to a more efficient and productive kitchen environment.
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An investment worth $50,000 has these expectations of returns: 30% chance of ending up worth $40,000 50% chance of ending up worth $50,100 20% chance of ending up worth $65,000 Determine the expected value and risk. The expected value of the investment is $. The investment is risky because it has only a % chance of making a significant return.
Answers
1. The expected value of the investment is $50,000.
2. The investment is risky because it has only a 0.1% chance of making a significant return.
Data and Calculations:
Investment's worth = $50,000
Expected value
Probability Investment Worth Expected Value
30% $40,000 $12,000 ($40,000 x 30%)
50% $50,100 $25,050 ($50,100 x 50%)
20% $65,000 $13,000 ($65,000 x 20%)
Expected Value of the investment = $50,050
Return on investment = $50 ($50,050 - $50,000)
Probability of return = 0.1% ($50/$50,000 x 100)
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The expected value of an investment is the cummulative sum of the investment worth and its corresponding probability. Hence, the expected value is $50,050 and it is risky.
The expected value of the investment can be calculated thus ;
E(X) = [ΣX*P(X)] X __ 40000 ____ 50100 _____ 65000P(X) _ 0.30 _____ 0.50 _______ 0.20Hence x we'll have ;
E(X) = [(40000 × 0.3) + (50100 × 0.5) + (65000 × 0.2)]
E(X) = 12000 + 25,050 + 13000
E(X) = 50,050
Probability of return :
Return = 50,050 - 50000 = $50\(\frac{return}{investment \: amount} \times 100\)%
\(\frac{50}{50000} \times 100\)% = 0.1%
Hence, the investment is risky as it has a very low probability of yielding a significant return.
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You are the coding supervisor and you notice a potential discrepancy in a productivity report from one of your coders. You remind all of the coders about the importance of accuracy with these reports. One of the coders thinks she may have accidentally combined 2 days into one of her daily productivity reports and she must decide if she should admit her potential mistake or just let it go because one day’s productivity reporting really doesn’t make a difference. This is an example of ______.
Answers
Answer:
laziness.
Explanation: