Answer:
Gretchen is behaving in an unprofessional as well as in unethical manner in computing the cost of lumber by choosing the lowest purchase price of the invoice in whole last year. She should used the inventory costing method follow by the company which could be either FIFO ( First in First out ) or LIFO ( Last in First Out or Weighted average Cost.
Which ever
Explanation:
Both A and B so answer C.
Answer:
2. 20 years under scenario A, versus 16 years under scenario B
Explanation:
It is clearer if I explained with an example:
Let suppose that a nation´s real GDP for 2018 was 1000. In scenario A you will have:
2019:1000*3.5%=1035
2020:1035*3.5%=1071,2
and so on, the same for scenario B
2019: 1000*4,5%= 1045
2020: 1045*4,5%= 1092
and so on.
I attached an excel table where you can see that: in the first scenario, between year 20 and 21 (2038 and 2039) the GDP will double and in the second one, between year 15 and 16 GDP will double. The answer is 2.
Answer: True. Market risk refers to the tendency of a stock to move with the general stock market. A stock with above average market risk will tend to be more volatile than an average stock, and its beta will be greater.
Explanation: If a stock has a beta that is greater than 1, there is a higher risk for the stock. High risk stocks have a higher potential for return, but are also easier to lose funds from.