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Hello,

I have a question that I am having difficulty understanding.

The question is If given the probability of being hired is .20, calculate the odds that you will be hired?

My thought at...

I think I understand what you are telling me, but how would I determine a probability of such an event when an event is a distribution of such in between like in (b) where the distribution is greater...

How would you compute the probability, for any given drive on any given hole in any given tournament of the following probabilities for Tiger Woods, currently rated the Number One player in the...

Hello,

I am having trouble understanding how to calculate Profit margin when you are not provided Income from Operations. I understand that Profit Margins = Income from Operations / Sales

When...

The cost of production of completed and finished goods during the period amounted to $400,000, and the finished products shipped to customers had total production costs of $337,000. From the...

Cash Dividends of $75,000 were declared during the year. Cash dividends payable were $10,000 and $20,000 at the beginning and end of the year, respectively. The amount of cash for the payment of...

Thank you for your check. I think I agree with you about it being an asset. At first I thought it was meant as an expense and since no expense was presented as a choice I chose Capital, which now I...

My answers are in bold, would someone check me on this.

Question 1
Accrued revenues would appear on the balance sheet as:
assets
Liabilities
Capital
Prepaid expenses

Question 2

In a journal entry for a company that has contracted for services and paid a partial amount for such services how would the journal entry be entered.

I thought it would be as Cash - Debit,...