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13. Once you have categories for different scenario's, along with probabilities and returns in each scenario, you then calculate your expected return by multiplying each
13. Once you have categories for different scenario's, along with probabilities and returns in each scenario, you then calculate your expected return by multiplying each probability by it's respective outcome and adding these all together. True False 4. The balance sheet reports a point-in-time snapshot of the assets, liabilities and equity of the entity True False
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