Answer:
12.42%
Explanation:
Stock Weights(A) Return (B) Product (A*B)
A 32% 11.50% 3.68%
B 43% 15.20% 6.54%
C 25% 8.80% 2.20%
Portfolio Return 12.42%
So, the expected return on the portfolio is 12.42%.
Answer:
Supply Chain
Explanation:
The supply chain processes captures the pathways along which products, services, information and financial transactions move in and out of an entity.
Answer:
False
Explanation:
Different levels of management have their information need, this can be classified as operational, tactical and strategic.
Operational information - are information relating to day to day routine of the entity, such information is needed by the lower level management.
Tactical information- are information which deals with decisions relating to the deployment of the various assets of an entity, this information is needed by middle level management.
Strategic information - This is information that relates to the strategic focus of an entity such information is for top level management..
The probability that demand is greater than 1800 gallons over a 2 hour period is : 0.5
<u>Given data :</u>
Mean value of gasoline per hour = 875 gallons
Standard deviation = 55 gallons
<h3>Determine the probability of demand being greater than 1800 gallons over 2 hours </h3>
Demand for gas in 1 hour = X₁
Demand for gas in 2 hours = X₁ + X₂
Therefore ; ( X₁ + X₂) ~ N ( u₁+u₂, sd₁² + sd₂² )
In order to calculate probabilities for normals apply the equation below
Z = ( X- u ) / sd
where : u = 1800, sd = √ ( 55² + 55² ) = 77.78
using the z-table
P( Y > 1800) = P( Z > ( 1800 - 1800 ) / 77.78)
= P( Z>0 ) = 0.5
Hence we can conclude that The probability that demand is greater than 1800 gallons over a 2 hour period is : 0.5.
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Answer:
Cost of goods sold = $8,830
Explanation:
<em>Under the FIFO system , inventories are priced using the price of the oldest batch in the stock, after which the price of the next oldest batch and this is done in turn. It is based on the principle that the first batch that arrives the store should be issued first.</em>
Using the FIFO method of the perpetual inventory, the 1,150 units sold by Anton Co will be priced as follows:
760 units at a price of $7 = 760× $7= $5,320
390units at a price of $9 =390 × $9 = $3,510
Cost of goods sold = $5,320+ $3,510
= $8,830