Determining Amounts to be Paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices,
assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period: Merchandise Freight Paid by Seller Customer Returns and Allowances a. $14,000 - FOB destination, n/30 $3,250 b. 21,200 $380 FOB shipping point, 2/10, n/30 4,000 c. 16,400 - FOB shipping point, 1/10, n/30 900 d. 7,500 250 FOB shipping point, 2/10, n/30 1,200 e. 28,800 - FOB destination, 1/10, n/30 - a. $ b. $ c. $ d. $ e. $
1 answer:
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Answer:
12.16%.
Explanation:
Standard Deviation is a financial metric that is used to quantify risk. It is used for risk management strategies. One of the main uses of Standard Deviation is to calculate the Value at Risk for a Portfolio, which is the minimum/maximum loss that a portfolio can incur over a given period of time. The formula that is used to calculate the Standard Deviation of Portfolio is attached.
Standard Deviation of Portfolio =
= 12.16%.
