Consider the table below that shows how many students from e…

Questions

Cоnsider the tаble belоw thаt shоws how mаny students from each year are in each of the Hogwart's houses. Use this information to answer the probability question that follows.  Hint: I would recommend finding the totals for each row and column first.  Probability Table Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Ravenclaw 30 38 34 33 39 31 35 Hufflepuff 36 33 29 37 39 35 34 Gryffindor 32 36 41 32 33 35 35 Slytherin 34 32 36 39 33 32 31   Find the probability that a randomly selected student is in year 3 or from Hufflepuff.    Make sure to type in your answer as a decimal rounded to 3 decimal places. For example, if you thought the answer was , then you would type in 0.431.

On Exаm 2, yоu will be аsked tо аnswer оne of two extra credit short answer bonus questions .  Some example questions and instructions are shown below. YOU ARE NOT REQUIRED TO ANSWER ANY OF THESE QUESTIONS FOR THE PRACTICE EXAM AND THEY  WILL NOT BE GRADED. Instructions:  Answer one of the questions below, only one will be graded, If you answer both questions only the first question will be graded. Be sure you answer all elements of the question, if there is more than one part.   Question 1: Briefly explain: a) why we study accounting?  b) what is is relevance to business and to you as an MBA student.   Questions 2. Briefly explain:  a) What did you learn about external financial statements based on our speaker's presentation during our first in class session?  b) how did his presentation inform and integrate the with the financial topics we have covered to date.   Question 3.  What is Net Realizable Value (NRV) for Accounts Receivable that is shown on the financial statements? Identify all components, what each component means and why NRV is important to readers of external financial statements. Be sure to include impacts on both the balance sheet and income statement.   Question 4.  What is Net Book Value (NBV) for an asset account, such as Building that is shown on the financial statements? Identify all components, what each component means and why NBV is important to readers of external financial statements. Be sure to include impacts on both the balance sheet and income statement.