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Alexus [3.1K]
3 years ago
7

ABC Bookstore sells packages of books that include both new and used

Business
1 answer:
Verdich [7]3 years ago
4 0

Answer: there should be 8 new books in each package and there should be 24 used in each package.

Explanation:

8 time 17 is 136 then you add 24 times 7 and you get 168. Then you add that together to get a total of 304 dollars

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Cost of goods manufactured during the year is $240,000, and work in process inventory on December 31 is $50,000. Work in process
Zinaida [17]

Answer:

$165,000

Explanation:

The first step is to calculate the work in process inventory

= 50,000/40/100

= 50,000/0.4

= 125,000

Therefore the total manufacturing cost can be calculated as follows

= 240,000-125,000+50,000

= 115,000+50,000

= 165,000

Hence the total manufacturing costs is $165,000

8 0
3 years ago
You will receive $15,000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5%. How much mo
Sunny_sXe [5.5K]

Answer:

FV= $21,887.13

Explanation:

Giving the following information:

Initial investment= $15,000

Number of periods= 6 years

Interest rate= 6.5% compounded annually

T<u>o calculate the future value of the investment, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 15,000*(1.065^6)

FV= $21,887.13

8 0
3 years ago
Which of these products is an example of perfect competition?
Helen [10]
A. correct me if im wrong
8 0
3 years ago
Which of the following is most likely to occur as you add randomly selected stocks to your portfolio, which currently consists o
jarptica [38.1K]

Answer: b. The diversifiable risk of your portfolio will likely decline, but the expected market risk should not change.

Explanation:

Diversifiable risk is a risk that a particular security has or which can be seen in a certain sector. Market risk occurs when there's possibility that a particular investor will make loss due to certain factors which affects the entire market.

In the above scenario, the most likely to occur will be that the diversifiable risk of the portfolio will likely decline, but the expected market risk should not change.

It should be noted that diversification won't eliminate market risk. When more stocks are added, this brings about decline in diversification risk but market risk won't change.

5 0
3 years ago
As the CEO of a pharmaceutical company, Simone learned that the government was about to block the import of one of the company's
Galina-37 [17]

Answer:

She is guilty of Insider trading.

Explanation:

Insider trading is an illegal practice where a person indulges in trading activities for his own benefit with the help of confidential information.

In the above case, Simone took park in insiders trading because she had rights to some confidential information. She made use of that information towards her benefit and sold her shares before time.

I hope the answer was helpful.

3 0
3 years ago
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