Answer:
The correct solution is "
".
Explanation:
According to the question,
Let,
For stock 1,
The number of shares to be purchased will be "
".
For stock 2,
The number of shares to be purchased will be "
".
For stock 3,
The number of shares to be purchased will be "
".
then,
The cumulative number of shares throughout stock 1 would be well over or equivalent towards the approximate amount of all the shares or stocks for the set limit.
i.e., 
Thus the correct equation is "
".
Answer:
1.
c. $21
2.
b. $20
Explanation:
1.
In lower-of-cost-or-market comparison, the cost of the product and the realizable value of the product are compared and lower is used to value the available inventory.
In the given Scenario the realizable value of product Z is the recoverable value of the product.
Hence The replacement value of $21 should be used in the lower-of-cost-or-market comparison.
2.
Calculate the net recoverable value for the product Z
Net recoverable value = Selling price of product Z - Cost to sell product Z
Net recoverable value = $25 - $3 = $22
Now by comparing the cost and net realizable value the lower value is cost of $20.
Hence $20 will be used in order to value the inventory.
Answer:
20%
Explanation:
The computation of the discount rate per year is shown below:
As we know that
Discount factor = 1 ÷ (1 + Interest rate)^number of years
0.8333 = 1 ÷ (1 + Interest rate)^1
1 + Interest rate = 1 ÷ 0.8333
Interest rate = 1.20 - 1
Interest rate = 0.20 or 20%
Hence, the interest rate is 20% by applying the discount factor formula which is shown above
Answer:
Small companies don't have middle management, so it is entirely appropriate for senior management to implement strategy and guide employees directly.
The purpose of management is nothing to do with power, but rather to create, plan and execute the vision and strategy of the organization through the workforce and technology.
Explanation:
Answer:
spending
Explanation:
At the very basic level of personal finance, you should understand the need for, and value of, a budget. A budget or spending plan is a road map for telling your money what to do each month. At its simplest, a budget lists how much income you have coming in, compared to what's going out each month. Creating a detailed and written budget allows you to make smarter decisions with your finances on a daily basis. When you're faced with spending money on something, a budget requires you to stop and think about the purchase. You realize that by spending money in one area, you won't have to spend or save elsewhere. A budget or spending aspect of financial planning helps you to increase your cash flows by monitoring the spending patterns and nature of expenses. Finance planning which includes careful budgeting and prudent spending would help you in keeping more of the hard-earned cash.
