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8090 [49]
3 years ago
6

Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017.

Business
1 answer:
lyudmila [28]3 years ago
5 0

Answer:

Product JB50= $8,874,800

Product JB60= $5,448,600

Total sales revenue= $14,323,400

Explanation:

Giving the following information:

Product JB 50 Product JB 60

Anticipated volume in units 403,400 201,800

Unit selling price $22 $27

<u>A sales budget reflects the revenues of the company based on the estimated sales volume. It includes sales discounts and allowances.</u>

<u>Sales budget:</u>

Product JB50= 403,400*22= $8,874,800

Product JB60= 201,800*27= $5,448,600

Total sales revenue= $14,323,400

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Suppose that a portfolio has a beta of 1.15. Over the period of one year, the portfolio had a return of 12.4% with a standard de
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Answer and Explanation:

Given:

Weighted average β = 1.15

Average return (r) = 12.4%

Risk free return (Rf) = 1.2%

Market return (Rm) = 10.2%

Standard deviation (SD) = 16.2%

Computation of Jensen's α :

Jensen's α = r - [Rf + β(Rm - Rf)]

Jensen's α = 12.4% - [1.2% + 1.15(10.2% - 1.2%)]

Jensen's α = 12.4% - [1.2% + 10.35%]

Jensen's α = 12.4% - 11.55%

Jensen's α = 0.85%

Computation of Treynor's index :

Treynor's index (Ratio) = (r - Rf) / β

Treynor's index (Ratio) = (12.4% - 1.2%) / 1.15

Treynor's index (Ratio) = 11.2% / 1.15

Treynor's index (Ratio) = 9.73913043%

Treynor's index (Ratio) = 9.74% (Approx)

Computation of Sharpe's index :

Sharpe's index (Ratio) = (r - Rf) / SD

Sharpe's index (Ratio) = (12.4% - 1.2%) / 16.2%

Sharpe's index (Ratio) = 11.2% / 16.2%

Sharpe's index (Ratio) = 0.69 13%

5 0
3 years ago
Use the drop-down menu to complete each statement. The property in a mixed market economy likely is . Most of the property in co
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1. Private and public

2. Government

3. less

7 0
3 years ago
Read 2 more answers
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.
Stolb23 [73]

Answer:

Matching transactions to the journal in which they would be entered:

Transactions                                                           Journal Type

1. Recognized depreciation on the building         General Journal

2. Journalized the adjusting entry for supplies

 used during the period                                       General Journal

3. Closed the revenue account at the end

of the period                                                         General Journal

4. Received cash from the bank in exchange

for a note payable                                                Cash Receipts Journal

5. Withdrew cash for personal use (by owner)   Cash Payments Journal

Explanation:

Revenue journal records revenue transactions.

Cash receipts journal records all cash receipts.

Purchases journal records all purchases on account.

Cash payments journal records all cash payments.

General journal is used for all transactions, especially those that cannot be recorded in any of the other specialized journals.

3 0
2 years ago
Sophie, the CFO of Slolum Ski Supplies, received a watch from one of her company's largest vendors, Colorado Ski Shoppe. She rec
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Answer:

the correct answer is

c. Whether the gift was reasonable in the circumstances.

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7 0
3 years ago
When an employee comes late to the office, an internal attribution will occur if there is low _____, low ______ and high _____.
coldgirl [10]

Answer:

B. consensus; distinctiveness; consistency.

Explanation:

Internal attribution: It is the case of human behavior that causes the attribution, such as ability, skills, personality, etc. it is also known as dispositional attribution. In this case, individual does not blame external factor or attribution, instead, they use an internal cause for their behavior.

In the given case, the employee comes late to the office, he will use internal attribution for his behavior if there is low consensus, low distinctiveness of other factors  and high consistency of getting late.

3 0
3 years ago
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