The risk of an asset can be measured by its variance, which is found by subtracting the worst outcome from the best outcome
Indicate whether the statement is true or false
FALSE
Business
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The employees of Royal Clothes achieved all of the sales goals for 2017
Royal decides to reward the employees with a bonus of 20% on annual net income, after deducting the bonus. The net income before the calculation of the bonus is $312,000. What is the amount of the bonus? A) $62,400 B) $52,000 C) $55,059 D) $12,480
Business
In determining whether to scrap or to rebuild defective units of product, the cost already incurred in producing the defective units is not relevant
Indicate whether the statement is true or false.
Business