Answer:
$267
Explanation:
Calculation for the amount of accrued interest on December 31, 2015
Accrued interest=20,000 x 8% x 60 days/360 days
Accrued interest= $267
Note that November 1, 2015 to December 31, 2015 will gives us 60 days while 360 days represent the number of days in a year
Therefore the amount of accrued interest on December 31, 2015 will be $267
Answer:
$262.40
Explanation:
Net pay is gross pay minus all deductions. To get the net pay, we add up all deductions and subtract them from gross pay
net pay = $380-( $35.90+$52.70 + $23.50 + $5.50 )
=$380- $117.60
=$262.40
Answer:
a 1,560 units
b 780 units
c 390 units
d $18,720
e $9,360
Explanation:
Given that;
Production = 292,000
Daily demand , d = 400
Annual demand , D = 400 × 365 = 146,000
Production rate , P = 292,000 ÷ 365 = 800
Set up cost , Cs = $100
Holding cost , Ch = $24
a. What is the production order quantity
= √2 * D * Cs / CH × (p / p - d)
= √ 2 * 146,000 * 100/24 × (800/800-400)
= √1216666.6667 × 2
= √2433333.3334
= 1559.91
=1,560 units approximated.
b. What is the maximum inventory on hand
= EPQ × [ 1 - (d÷p) ]
= 1,560 × [ 1 - (400 ÷ 800) ]
= 1,560 × 0.5
= 780 units
c. What is the average inventory
= Maximum inventory ÷ 2
= 780 ÷ 2
= 390 units
d. What are the total holding costs
= EOQ/2 * Holding cost
= 1,560/2 * 24
= 780 *24
= $18,720
e. What does it cost to manage the inventory
= Holding cost * (Maximum inventory ÷ 2)
= 24 * (780 ÷ 2)
= 24 * 390
= $9,360
Answer:
Expected r = 0.17
Explanation:
The expected return on the investment can be calculated by taking the return in each scenarios and multiplying it with the probability of that scenarios and taking the sum of the results. Thus, the equation to calculate expected return will be,
Expected r = pA * rA + pB * rB + ... + pN * rN
Where,
- pA, pB, ... represents the probability of each scenario A, B and so on
- rA, rB, ... represents the probability of each scenario A, B and so on
Expected r = 0.5 * 0.15 + 0.3 * 0.25 + 0.2 * 0.1
Expected r = 0.17
Answer:
(B) 16.25%
Explanation:
Using the multifactor APT,
where 
= expected return on portfolio A,
= the risk free rate of return,
= beta on factor "i"
= risk premium on factor "i".
Therefore,
return on portfolio A = 7% + (0.5 * 1%) + (1.25 * 7%)
= 0.07 + (0.5 * 0.01) + (1.25 * 0.07)
= 0.07 + 0.005 + 0.0875
= 0.1625
= 16.25%.
