Answer:
8.54%
Explanation:
Current Index value:
= [current total market value of index stocks] ÷ [Base year total market value of index stocks] × Base year index value
= [(69 × 35000) + (122 × 32500)] ÷ [(63 × 35000) + (113 × 32500)] × 100
= 108.54
Return in percent:
= ( 108.54 - 100 ) ÷ 100
= 8.54%
Therefore, the value-weighted return for the index is 8.54%.
Answer:
The correct answer is A. True.
Explanation:
Yes, it is a valid and accepted practice in macroeconomic terms. The basic premise of the goods and services market is to attract more buyers in order to maximize profits, and offering new products is an action that leads to that purpose.
Answer:
the net cost = 11,466
Explanation:
To following journal entry is done to record the purchase, credit terms 2/10, n/30:
Dr Merchandise inventory 11,700
Cr Accounts payable 11,700
If the company pays within the discount period (10 days):
Dr Accounts payable 11,700
Cr Cash 11,466
Cr Purchase discounts 234
net cost of goods = $11,700 x 98% = $11,466
Answer: $475,000
Explanation:
75% of both the research and development and selling expenses were traceable to Askin.
= 75% * (1,170,000 + 130,000)
= $975,000
Profit before taxes for Askin = Askin Gross Profit - Share of expenses
= 1,400,000 - 975,000
= $475,000
Answer:
press relations
Explanation:
According to my research on public relations functions, I can say that based on the information provided within the question this is an example of the press relations function. This function refers to forming and maintaining a good relationship between a business/company/organization and the press/media by communicating regularly and providing information, help and access where needed, such community events and fundraisers.
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