Objectives are both targets and what?

Consider a mutual fund with $300 million in assets at the start of the year and 12 million shares outstanding. If the gross retu

Vikentia [17]

Answer:

A 15.64%

Explanation:

300*1.18 = 354

354*0.02 = 7.08

354 - 7.08 = 346.92

rate of return = 346.92/300

= 15.64%

Therefore, The rate of return on the fund is 15.64%

3 0

3 years ago

True Blue Corporation provided the data set forth above from its activity-based costing system.

Sidana [21]

Answer:

Unitary cost= $765.38

Explanation:

Giving the following information:

The company makes 430 units of product D28K a year, requiring a total of 690 machine-hours, 40 orders, and 10 inspection-hours per year.

The product's direct materials cost is $35.82 per unit and its direct labor cost is $29.56 per unit.

Unitary cost= direct material + direct labor + allocated overhead

We don't have enough information to allocate overhead.

Assuming the overhead gets allocated based on machine hours, I will invent an overhead rate and cost to allocate.

Estimated overhead= 300,000

Machine hours= 690

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 300,000/690= $434.78 per machine hour

A unit uses:

690/430= 1.61 machine hours

Unitary cost= direct material + direct labor + allocated overhead

Unitary cost= 35.82 + 29.56 + (1.61*434.78)= $765.38

8 0

3 years ago

Also known as the Federal Information Processing Standards (FIPS), the_______________ framework is a shared set of security stan

elena55 [62]

Answer: NIST

The NIST framework is a shared set of security standards required by the Federal Information Security Management Act

Explanation:

The NIST Cybersecurity Framework provides a policy framework of computer security guidance for how private sector organizations in the United States can assess and improve their ability to prevent, detect, and respond to cyber-attacks.

NIST is the National Institute of Standards and Technology, a unit of the U.S. Commerce Department. Formerly known as the National Bureau of Standards, NIST promotes and maintains measurement standards. It also has active programs for encouraging and assisting industry and science to develop and use these standards.

3 0

4 years ago

Ayayai Corporation had net sales of $2,404,500 and interest revenue of $37,700 during 2017. Expenses for 2017 were cost of goods

bulgar [2K]

Answer:

Ayayai Corporation

Income statement for the year end 2017

Net sales of $2,404,500

Interest revenue $37,700

Total revenue $2,442,200

Cost of goods sold ($1,466,900)

Gross Income $975,300

Administrative expenses ($214,700)

Selling expenses ($284,600)

Interest expense ($47,200)

Profit before tax $428,800

Tax rate is 30%. ($128,640)

Net Income $300,160

Explanation:

Multi-step income statement segregates the operational income and non operation income by calculating the gross income and net income as well. it shows that how much the business is earning from it operations directly and how much it earns after settling all the expenses of the business.

7 0

3 years ago

According to the acquired needs theory, people who have a high need for affiliation:

gtnhenbr [62]

Answer:

b. are successful "integrators' whose job is to coordinate the work of departments.

Explanation:

In psychology, the "acquired-needs theory" was proposed by David McClelland and is referred to an individual's particular needs that are being acquired or gained over time and therefore it is being shaped by his or her different life experiences.

An individual who is experiencing high needs for affiliation desires to get warm "interpersonal approval and relationships" from the people with whom he or she consists of regular contact. A strong bond with the other person makes him or her feels that he or she is important for the other person.

8 0

3 years ago