Answer:
The answer is "$11,480".
Explanation:
Calculate the benefit as illustrated below:
Recovery of costs approved Recovery costs approved
Year-1 $16,000 $8,000
Year-2 $9,600 $12,800
Year-3 $5,760 $7,680
Total cost $40,000
Making a reference to: Cause great costs allowed or permitted
Year-1 $16,000
Year-2 $12,800
Year-3 $7,680 $36,480
Adjusted basis $3,520
Formula:
Recognized Gain = Residual value - Adjusted basis
Answer:
Times of maximum fear is the best time to buy stocks, while times of maximum greed are the best time to sell.
Explanation:
<u>Behind the truism is the tendency of the markets to overshoot on both the downside and the upside. Part of the reason is a pure herd instinct that drives stock prices. The investor who takes an unbiased look at the market might be able to see the herd instinct at work and take advantage of the extreme ups and downs that it causes. That investor can buy low and sell high.</u>
<u>Unfortunately, it's easy to determine after the fact whether a price was too low or too high and even why. During the moment, it is monumentally difficult. Prices both affect and reflect the psychology and emotions of market participants.</u>
<u>For this reason, "buy low, sell high" can be challenging to implement consistently. Traders trying for a more objective view consider other factors to make a more informed decision. These factors include moving averages, the business cycle, and consumer sentiment.</u>
Each time a dynamic report<span> is run, it gathers the most recent data in the Data Warehouse. Only the </span>report<span> definition, which remains the same over time, is stored. </span>Static reports<span>. Are run immediately upon request, and then stored with the data in the Completed </span>Reports<span> module. hope that helped</span>
<span>Given: -
Cost of goods sold = $300,000
Inventory = $30,000
We need to find:
1) Inventory turnover
2) Average age of inventory
Solution:
1) Inventory turnover = Cost of Goods Sold/inventory = 300,000/30,000
Inventory turnover = 10.
2) Average age of Inventory = (Inventory/Cost of Goods Sold) * 365
Average age of Inventory = (30,000/300,000) * 365 = 36.5</span>
B............................................
