Answer:
D. Futures
Explanation:
If an investor possesses a portfolio heavily concentrated in Certificates of Deposit, a financial advisor will most likely suggest "Futures" aggressive investments to diversify the portfolio. Certificates of deposit hold savings certificates that have a fixed maturity rate furthermore a defined fixed interest rate. This certificate can be claimed in any value aside from merest investment provisions. A futures agreement grants you the freedom to acquire a specific commodity either financial instrument toward a succeeding date, and thou consent to hold that agreement.
Answer: A. units transferred out less units in beginning work in process
Given:
nominal interest rate 7%
real interest rate 4%
end of the year CPI is 198.30
beginning of the year CPI?
nominal rate - real interest rate = 7% - 4% = 3%
end of the year CPI is the result of the beginning of the year CPI which increased by the difference in percentage of the nominal rate and real interest rate.
end of the year CPI = beginning of the year CPI * (1 + difference of nominal and real interest rate)
198.30 = beginning of the year CPI * (1+0.03)
198.30 / 1.03 = beginning of the year CPI
192.52 = beginning of the year CPI
The consumer price index (CPI) at the beginning of the year is 192.52
The relationship between cost, revenue and profit can be presented using the formula:
Profit = Revenue - Cost
However, in the table given, the number of bikes produces varies. We cannot properly compare the profits per day. To be consistent, let us determine the profit per unit of bike produced. Simply divide the profit with the number of bikes produced (1st column). After you see the results, we can see that the highest profit is $17.5 per unit of bike produced. Therefore, the maximum profit can be attained when 4 bikes are produced each day.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The Tobler Company had budgeted production for the year as follows:
Quarter 1 2 3 4
Production in units 10,000 9,000 13,000 11,000
4 pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 7,000 lbs. The raw materials inventory at the end of each quarter should equal 9% of the next quarter's production needs in materials.
Direct material 2nd quarter:
Production= 9,000*4= 36,000lbs
Ending inventory= (13,000*0.09)*4= 4,680lbs
Beginning inventory= (9,000*0.09)*4= 3,240lbs (-)
Total= 37,440 lbs
