Answer:
The Net sales is $602,020.
Explanation:
Net sales = Total sales - Sales discounts - Sales returns - Sales allowances
= $700,000 - $19,250 - $50,400 - $28,330
= $602,020
Therefore, The Net sales is $602,020.
Answer:
b. the total return earned over a specific period through buying and selling an asset
Explanation:
Holding period return(HPR) is the return an investor receives for the period he/she holds the stock. For example if an investor buys a company's stock and holds it for a year then sells it after receiving the dividend, the holding period will be 1 year, while the holding period return will be the percentage rate of return earned within that 1 year , making choice B correct.
Answer: Option A
Explanation: The correlation between two stocks affects their risk factor and not their returns. Correlation states the statistical dependence between two units.
Thus, if two units have perfect negative correlation than we can say that if a factor decrease the return of one unit then it will proportionately increase that of other.
Hence, from the above we can conclude that right option is A.
Answer:
Book value at the end of year 3 of the machine: $130,000
Explanation:
The company uses straight-line depreciation method, Depreciation Expense each year is calculated by following formula:
Depreciation Expense = (Cost of machine − Residual Value )/Useful Life = ($400,000-$40,000)/4 = $90,000
At the end of year 3, Accumulated depreciation = $90,000 x 3 = $270,000
Book value of the machine is: the machine's cost minus the machine's accumulated depreciation.
At the end of year 3, Book value of the machine = $400,000 - $270,000 = $130,000
