Answer: 41.90%
Explanation:
First calculate the risk free rate:
Required return = risk free rate + beta * (Market return - risk free rate)
28.95% = rf + 1.85 * (18% - rf)
28.95% = rf + 33.3% - 1.85rf
28.95% = -0.85rf + 33.3%
0.85rf = 33.3% - 28.95%
rf = 4.35%/0.85
rf = 5.12%
New required return;
Required return = risk free rate + beta * (Market return - risk free rate)
= 5.12% + 1.85 * (25% - 5.12%)
= 41.90%
Answer:
$170,000
Explanation:
Given that,
Travis Corporation begins the year with $50,000 of tire inventory that means inventories in the beginning of the year.
Purchases of tires during the year = $150,000
At the end of the year,
Purchase cost of remaining inventory = $30,000
Therefore,
Cost of goods sold:
= Beginning inventories + Purchases - Ending inventories
= $50,000 + $150,000 - $30,000
= $200,000 - $30,000
= $170,000
<span>For the answer to the question above, the $25,000 due in 90 days.
I'll use 365 days per year. 10% simple discount:
25000*0.10(90/365) = 616.44
Cash in hand at the beginning of the 90 days:
25000 - 616.44 = 24,383.56
Solve for r: 616.44 = 24383.56*r*(90/365)
r = 0.10252837 or the nearest answer is letter <span>C. 10.26%
It is not exact because maybe he rounded off the </span></span>24383.56
Answer:
Cost per equivalent unit of materials=20 per unit
Cost per equivalent unit of conversion=50 per unit
Explanation:
The cost of direct materials in Mountain spring water company is $672,000
The conversion cost for that period in the bottling company is $365,000
The total equivalent unit for direct materials is 33,600 liters
The total equivalent unit for conversion is 7,300 liters
The cost per equivalent unit of materials can be calculated as follows
= Cost of direct materials/total equivalent unit for direct materials
= $672,000/33,600 liters
= 20 per unit
The cost per equivalent unit of conversion can be calculated as follows
= Conversion cost/total equivalent unit of conversion
= $365,000/7,300liters
= 50 per unit
Hence the cost per equivalent unit of materials is 20 per unit and the cost per equivalent unit of conversion is 50 per unit.
Answer:
The statement is False
Explanation:
Work packages is the one which is described as the group of the tasks which are related within the project. As the work packages look like the projects themselves, and they are usually the sub- projects from the larger or big project.
The statement is false as work packages does not provide the sufficient detail for developing the schedule of the project as the work packages are the smallest unit of the work and the group of the tasks related to the products.
