What is your expected return after one year

Assignment Help Accounting Basics
Reference no: EM132941016

Question - You loan a friend $5,000. There is a 15% chance your friend will pay you a 3% return, a 40% chance he will pay you a 2% return and a 45% chance he will pay you only a 1% return. What is your expected return after one year?

Reference no: EM132941016

Questions Cloud

Solve the accumulated value of investment at the end : Christine invested $2,100 at the beginning of every 6 months in an RRSP. Calculate the accumulated value of his investment at the end of the first 7 years.
Address the bullying behaviour of george : How can management best address the bullying behaviour of George and create a workplace free of similar behaviour?
Compare deductions for AGI and deductions from AGI : -Compare and contrast deductions for AGI and deductions from AGI (itemized deductions). Discuss whether the tax treatment for each taxpayer
Who are more risk averse than the banks : Loan commitments suggests that borrowers, who are more risk averse than the banks, pay the banks to bear part of the interest rate risk. Explain
What is your expected return after one year : Question - You loan a friend $5,000. There is a 15% chance your friend will pay you a 3% return, What is your expected return after one year
Explain instructional systems design approach to training : Identify & briefly describe the 5 phases in the instructional systems design approach to training.
Discuss 3 job-specific competencies : Discuss 3 job-specific competencies that graduates of the training program should have to be successful in their future management positions.
Should birch close the plant for two months : The selling price is $26 per unit, variable costs are $16 per unit, fixed manufacturing overhead costs total $195,000 per month, Should Birch close the plant
Explain the role of employers : Explain the role of employers, trade unions and governments in industrial relations? Give relevant examples from the Pacific to explain your answer.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the comers tax liability

What is the Comers' tax liability for 2018 if they report the following capital gains and losses for the year?Short-term capital gains -$9,140.

  Costingvariable costing treats direct materials direct

assuming that direct labor is a variable cost the primary difference between the absorption and variable costing is

  Calculate unit cost and the cost of finished goods inventory

Snyder Company produced 86,200 units during its first year of operations and sold 83,450. Calculate unit cost and the cost of finished goods inventory

  The management of malit corporation is investigating an

the management of malit corporation is investigating an investment in equipment that would have a useful life of 9

  Calculate the employer payroll taxes

Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.6%

  Define contract logistics

What is the first stage in selecting the Third-Party Logistics Operator? According to our text books the first stage when selecting a third party logistics.

  The controller for lafayette inc recently commented

The controller for Lafayette Inc. recently commented, "If I have to disclose our segments individually, the only people who will gain are our competitors and the only people that will lose are our present stockholders."

  Will the distribution be considered a dividend

If Washington makes this distribution, will the distribution be considered a dividend to the shareholder even though the corporation had to report a loss

  Calculate and compare the selling price of each product

Advanced Diploma of Accounting Assignment - International Institute of Technology, Australia. Calculate and compare the selling price of each product

  Account appears in the ledger prior to recognizing the jobs

The following account appears in the ledger prior to recognizing the jobs completed in August: Work in Process Balance, August 1 $ 60,000 Direct materials 325,000 Direct labor 462,000 Factory overhead 210,000 Jobs finished during August are summar..

  Job-order costing for each of its installations and repairs

Yoste Roofing uses job-order costing for each of its installations and repairs. Overhead is allocated based on the cost of roofer's wages. At the start of the year, annual roofer were estimated to be $575,000 based on 34,000 labor hours, and compa..

  What is the purpose of dual dating an audit report

Explain What should an auditor do when he or she believes that substantial doubt exists as to whether an entity is a going concern?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd