Had to look for the rest of the details and here is my answer.
Based on the given table of data attached to this question, the best estimate for Korey to quote as expected profits in the next year for his business plan next year would be <span>$19,386.97. Here is the given information of his net year profits.
</span>Year
Net Profits
1: $14,250.00
2 : $15,390.00
3 : $16,621.20
4 : $17,950.90
<span>5 : ?
</span>
Hope this answer helps.
Answer:
$75,300
Explanation:
The computation of the balance in the land is shown below;
Purchase cost
$460,000
Add:
Demolition of existing building on site
$71,000
Add:
Legal and other fees to close escrow
$12,900
Less:
Proceeds from the sale of demolition scrap
($8,600)
Balance in the land
$75,300
Therefore, balance in the land account as of December 31, 2021 is $75,300
Answer:
E-Mini futures = $2,939.25
Contract Size = 50
Portfolio Value = $10,000,000, Beta 1.5
Target Beta 2, Planning to increase the exposure
Calculation of Number of contracts needed = [Portfolio Size x (Target Beta - Actual beta)] / Contracts Size x Future Price
= (10,000,000 x (2 - 1.5) ] / 50 x 2939.25
= (10,000,000 x 0.5) / 146962.5
= 5,000,000 / 146962.5
= 34.02228459641065
= 34
So, you need to go Long 34 contracts to Increase the exposure.
Departmentalization refers to subdividing a business or organization into sections based on their function or other criteria. There are different types of departmentalization. Some types include functional, product, customer, geographic, process and divisional. Based on the scenario given above, Larimer is using functional departmentalization.
Answer:
B 30 percent
Explanation:
Initial cost of production = (2×$10) + (5×$4) + (8×$3) = $20+$20+$24 = $64
New cost of production = (2×$10) + (5×$8) + (8×$3) = $20+$40+$24 = $84
% rise in cost of production = (new cost - initial cost)/initial cost × 100 = (84 - 64)/64 ×100 = 20/64 × 100 = about 30%
