Answer: A. the summed value of each possible rate of return weighted by its probability
Explanation:
The Expected Return of a project is indeed the summed value of each possible rate of return weighted by its probability.
When going into a project, a financial analyst has to account for the possible outcomes that could happen such as interest rates rising or falling.
They then take the various likelihoods and assign rates of returns to them that are either known or anticipated. They will then give each likelihood a probability of it occuring and then give a Weighted Average of these probabilities along with the rates of returns for those likelihoods.
The summed figured that they get is what is known as the Expected return and it includes the various likelihoods that could happen to the project.
Answer:
$82
Explanation:
Month Quantity rate Total
January purchase 7 letters 6 42
February 5 letters 8 40
March 6 letters 9 45
Total 18 127
Number of letters sold = 6
Closing inventory = 18 - 6 = 12
Using LIFO , the last set of item purchased are the first to be sold , therefore the closing inventory will be
(5*8)+(7*6)= $82
The "Farm Credit System" is a government-sponsored enterprise that works through a cooperative system to provide agricultural and rural loans.
<h3>What is Farm Credit System?</h3>
A nationwide financing network with a focus on helping the agriculture sector is called as Farm Credit System (FCS). It is composed of banking industry and organisations that extend loans to people and companies around the country.
Some key features of farm credit system are-
- From small farming families to multinational corporations, the FCS supports the rural community including organizations of all shapes and sizes.
- The FCS is composed up several cooperative banks and organisations that lend money to Americans both personally and commercially.
- There are 72 independent, customer-owned financial institutions that make up the FCS.
- A vital source of financing for the agricultural sector, which is viewed as high-risk most traditional lenders, is the Farm Credit System.
To know more about the Farm Credit System, here
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Record your expenses. The first step to start saving money is to figure out how much you spend. ...
Budget for savings. ...
Find ways you can cut your spending. ...
Decide on your priorities. ...
Make saving automatic.
Answer:
8.5
Explanation:
Account receivable turnover is calculated by dividing the net credit sales by the average of account receivable .
Net sales $569,000
Account receivable $91,000
Account receivable - $43000
Average account receivables = (91000+43000)/2= $67,000
Account receivable turnover = 569000/67000 =8.5
