Answer:
<em>practicality</em>
Explanation:
Practicality can generally be described as the the real facts or details of a situation rather than focusing on ideas or theories.
Instead of assuming things, Kathleen, the manager is actual trying to look whether the company has enough resources as well as the caliber to make a product. Such an approach in the field of business is termed as practicality as the person depends on facts rather than theories or assumptions.
Answer:
a. 2005 2006 2007 2008
Holding period return 10% -7.27% 5.88% -100
b. Geometric average return = -100
c. Dollar weighted return= -2.70%
Explanation:
Holding period return = 
=
* 100
= 10%
geometric average return = (( 1+r)*(1+r2)*(1+r3)*(1+r4))^1/4 - 1
dollar weighted return = (initial investment + additions) / (initial investment -withdrawals)
= ( 5000+ 2750)/(5000-3825-4050)
= 7750/-2875
=
Answer:
$587,760
Explanation:
Budgeted factory overhead for the year at $645,792 budgeted direct labor hours for the year are 260,400.
If actual direct labor hours for the month of May are 237,000 and the labour hour is used as the measure for determining the overhead cost to be allocated, then
Overhead allocated for May = (237,000/260,400) × $645,792
= $587,760
Answer:
Monthly installment is $724.72
Explanation:
Given:
Amount of loan (PV) = $45,000
Time period (nper) = 6 years or 6×12 = 72 months
Since amount need to be repaid in equal monthly installment
Annual interest = 5% or 0.05
Monthly interest (rate) = 0.05 ÷ 12 = 0.0041667
Calculate monthly installment (pmt) using spreadsheet function =pmt(rate,nper,PV)
Monthly installment is $724.72
Pmt is negative as it is a cash outflow.