Answer:
- 0.5844
Explanation:
Portfolio Variance can be calculated using the following formula:
σP2 = wA2 * σA2 + wB2 * σB2 + 2* wA * wB * σA * σB * ρAB
Here
wA is the percentage of stock A of the total portfolio which is 60%
σA is the standard deviation of Stock A which is 18%
wB is the percentage of stock A of the total portfolio which is 40%
σB is the standard deviation of Stock B which is 24%
σBσP is the variance return on the portfolio which is 0.033
And
ρAB is correlation coefficient between the returns on A and B which is to be calculated.
By putting values, we have:
0.033 = 60%^2 * 18%^2 + 40%^2 * 24%^2 + 2 * 60% * 40% * 18% * 24% * ρAB
ρAB = - 0.5844
Answer:
$35,800
Explanation:
Gross Profit = Net sales - Cost of goods sold
= $268,100 - $145,500
= $122,600
Total Operating Expense:
= S, G & A Expenses + R&D expense
= $59,000 + $27,800
= $86,800
Operating Income = Gross Profit - Total Operating Expense
= $122,600 - $86,800
= $35,800
Answer:
$26,125
Explanation:
[($25,000 x 0.005) x 9 + $25,000]
=$26,125
Zach owe $26,125 as of December 31, 2019 because he did not fail to file - he failed to pay. Hence he owes the 0.5% per month or part of a month failure to pay penalty plus the already outstanding tax amount of $25,000 that he owed.
Answer:
If company uses weighted average method, then equivalent unit of direct material = Units completed + units in ending WIP
= 33,000 + 13,700
= 46,700 units
If company uses FIFO method, then equivalant unit of direct material = Unit started and completed + Units in ending WIP
= 33,000 - 11,200 + 13,700
= 35,500 units
Answer:
The answer is $252415.91
Explanation:
Solution
Now
A step bu step solution is provided below in showing the present value of the savings
Given that:
Year Annual Revenues Calculations Present value
1 $47000 $47000 / (1.071)^1 $43884.22
2
$47000 $47000 / (1.071)^2 $40975
3 $47000 $47000 / (1.071)^3 $38258.63
4 $47000 $47000 / (1.071)^4 $35722.35
5 $47000 $47000 / (1.071)^5 $33354.2
6 $47000 $47000 / (1.071)^6 $31143.04
7 $47000 $47000 / (1.071)^7 $29078.47
Total present value $252415.91
Hence the current or present value of the savings is $252415.91
