Answer:
Probability = 45%
Explanation:
The stock is above 42 after 4 months. Well the distribution of the stock after 4 months (1/3 of a year) satisfies.
ln(S/40) = a normal distribution with mean μt - 0.5σ^{2t} and
std dev σsqrt(t) => a normal distribution with mean 0.03 and std dev 0.1385
ln(S/40) => ln( 42 / 40 ) => 0.049.
Convert to standard normal => (0.049-0.03)/0.1385 => 0.133
The answer is the area of the normal distribution above 0.133 which is about 45%
Hope this helps!
Yes but you would need to pay that money back
Answer:
d. (Depreciable cost Estimated output) × Actual yearly output
Explanation:
<em>Units of Output depreciation = Cost - Residual Value × Period`s Production / Total Expected Production.</em>
Note : Depreciation is dependable on depreciable cost (Cost less Residual Value)
The Option that is close to this formula is d.
Answer:
The correct journal entries should be:
Department A:
Dr Work in progress inventory 93,000
Cr Raw materials inventory 93,000
Department D:
Dr Work in progress inventory 67,000
Cr Raw materials inventory 67,000
Explanation:
Raw materials is an asset account with a debit balance, and since we must decrease it, we have to credit the amounts. Work in progress (WIP) inventory is an asset account so it has a debit balance.
