Answer :
<em>The expected standard deviation of both stock is 3.324% and 1.53%</em>
Explanation:
<em>The first step is to compute the expected value and the standard deviation of each stocks.</em>
<em>Kindly find an attached image of the solution to this example given.</em>
Answer:
It compare the difference among the actual performance and budgeted performance grounds on the volume of actual sales.
Explanation:
Flexible budget performance report is the report which is used for comparing or analyzing the actual results or outcomes for the period with the budgeted outcomes and it is generated through the flexible budget.
In short, it is that report which is the management report and compares the actual revenues as well as costs for the year with the budgeted revenues as well as costs grounded on the volume of actual sales.
Answer: Please see answers in explanation column
Explanation:
a)Journal To record payment due for supplies
Date Account titles Debit Credit
May 4 Accounts Payable $610
Cash $610
(b)Journal To record services on account
May 7 Accounts Receivable $6,840
Service Revenue $6,840
c)Journal To record supplies on account
May 8 Supplies $870
Accounts Payable $870
d)Journal To record equipment purchased for cash
May 9 Equipment $1,930
Cash $1,930
May 17 Journal To record cash paid to employees
Salaries and Wages $700
Cash $700
May 22 Journal To record bill received for for Equipment repairs
Repair and Maintenance $800
To Accounts Payable $800
May 29 Journal to record Prepaid insurance
Prepaid Insurance $1,280
To Cash $1,280
Answer:
The answer is small because the firms with the market power of substantial are rare.
Explanation:
The loss in the efficiency is because of the market power which is small as the firms with the essential or substantial market power are rare in the market.
The firms with the power substantial market are the monopoly firms and these firms are very rare. Some competition exists in firms in the market but this competition limit the power of the market by decreasing the dead weight loss and keeping the cost closer to the marginal cost. So, it will result in loss in efficiency.
Note: The correct answer or option is missing. So, providing the correct statement.
Explanation:
The journal entry is shown below:
Accounts Payable A/c Dr $8,300
To Cash A/c $8,140
To Merchandise Inventory A/c $160 ($8,000 × 2%)
(Being the purchase of merchandise is recorded)
The computation is shown below:
For account payable
= $10,000 + $300 - $2000
= $8,300
For cash account
= $8,300 - $160
=$8,140