Answer:
Variance of the return = 0.01983
Explanation:
 = Σ
= Σ / N - 1
/ N - 1
Mean return = 17.88% + -5.16% + 20.39% = 11.0367%  
Variance = [(17.88% - 11.0367%)2 + (-5.16% - 11.0367%)2 + (20.39% - 11.0367%)2] /(3 - 1)
Variance = [0.004683 + 0.026233 + 0.008748]/2
Variance = 0.01983
 
        
             
        
        
        
Answer:
Dr cash        $303,500
Cr common stock                                      $133,500
Cr paid in capital in excess of par value $170,000
Second issue of shares:
Dr cash       $74,000
Cr common stock  $74,000
Explanation:
The cash received from the issuance of 44,500 at $3 par value is $303,500 which is to debited to cash and credited to common stock for$133,500 ($3*44,500) while the balance of $170,000  ($303,500-$133,500) is credited to paid in capital in excess par value account.
On the issuance of no par value common stock for cash of $74,000,the cash account is debited as usual with $74,000 while the common stock account is credited with same amount.
 
        
             
        
        
        
Answer: e)5% and $80,000
Explanation:
$320,000 was generated by the salespeople in this territory.
This territory comprises 10% of a $64 million market.
Territory comprises of = 10% * 64,000,000 = $6,400,000
Their market share is therefore;
=  * 100%
 * 100%
= 5%
Four people made sales of $320,000. 
Their productivity = 
= $80,000