Answer:
Purchases= 20,675 pounds
Explanation:
Giving the following information:
Production:
Feb= 20,900
Mar= 20,000
One pound of material is required for each finished unit.
Desired ending inventory= 25% of the following month's production needs.
<u>To calculate the purchase required for February, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 20,900 + (20,000*0.25) - (20,900*0.25)
Purchases= 20,675
As a business person planning to open a new small business, you know that the business plan should not contain pages and pages of detailed facts and figures.
Hope this helps :)
The formula for Growth rate of per capita GDP is:
Growth Rate = (per capita GDP in 2016 - per capita GDP in 2014) * 100 / per capita GDP in 2014
Growth Rate = (1,200 - 900) * 100 / 900
= 300 * 100 / 900
= 30,000/900
= 33.33 or 33
Therefore, 33% is the per capita growth rate between 2014 and 2016.
Answer:
The expected return=17.78 percent
Explanation:
Step 1: Determine risk free rate, beta and market risk premium
risk free rate=4.5%
beta=1.28
market risk premium/return on market=12%
Step 2: Express the formula for expected return
The expected return can be expressed as follows;
ER=RFR+(B×EMR)
where;
ER-expected return
RFR=risk free rate
B=beta
EMR=expected market return
replacing with the values in step 1;
ER=(4.5)+(1.28×12)
ER=4.5+13.28
ER=17.78
The expected return=17.78 percent
Answer:
The correct answer is option A.
Explanation:
Sophie is willing to sell a textbook for $30, while Ruby is willing to purchase it for $60. Both negotiate and agree on a price of $45.
The gain for Sophie will be the difference between the minimum price she was expecting and the price she gets for the textbook.
Gain for Sophie
= $45 - $30
= $15
The gain for Ruby will be the difference between the maximum price she was willing to pay and the price she actually paid.
Gain for Ruby
= $60 - $45
= $15
So, both of them have a gain of $15 from trade.
