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8,400 is your answer all you have to do is add the 4 sales and subtract the discounts and the returns
Answer: Rejection-then-retreat approach.
Explanation: The musical equipment salesman is using the Rejection-then-retreat approach to sell his musical items. This method is used to frighten the customers with higher priced items then make them settle for lesser priced items.
Answer: The cost of the equipment is $66,500.
Explanation: Under IAS 16 Property, Plant and Equipment, the cost of an asset comprises:
- purchase price plus import duties and taxes
- any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in a manner intended by management
- the initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located
In the question, $60,000 was the purchase price, the transportation cost of $1,000 was necessary to bring the asset to the location intended by management, $3,000 was the sales tax and the installation cost of $2,500 was also necessary for the asset to function as intended by management. So all these costs would be capitalized as the cost of the equipment as $66,500.
Answer:
Beta= 1.5
Explanation:
<u>First, we need to calculate the proportional investment of each asset:</u>
Total investment= $100,000
BOA= 30,000/100,000= 0.3
Best Buy= 20,000/100,000= 0.2
Harley-Davidson= 50,000/100,000= 0.5
<u>To calculate the beta of the portfolio, we need to use the following formula:</u>
Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)...
Beta= (0.3*1.8) + (0.2*1.05) + (0.5*1.5)
Beta= 1.5
