Answer:
$60,000
Explanation:
The computation of the direct material used is shown below:
= Beginning raw material inventory + purchase of raw material - ending raw material inventory
= $16,600 + $61,400 - $18,000
= $60,000
This is the right answer but the same is not provided in the given options
AGI= 13200+1450= 14650
<em>less</em> Standard Deduction for 2017 (6350)
Equals 8300
<em>Less 2017 deduction amount </em> (4050)
Final answer is 4250
Answer:
c. 7.98; .92.
Explanation:
My calculations varied slightly (0.02% and 0.01%), but the error might be a rounding error. Option C is the logical answer since the difference is minimum.
real rate returns from stocks:
15% - 2.8% = 12.2%
7% - 2.8% = 4.2%
4% - 2.8% = 1.2%
18% - 2.8% = 15.2%
average real return = 8.2% arithmetic mean
average real return = 8% geometric mean
real rate returns from US T-bills:
6% - 2.8% = 3.2%
3% - 2.8% = 0.2%
2% - 2.8% = -0.8%
4% - 2.8% = 1.2%
average real return = 0.95% arithmetic mean
average real return = 0.93% geometric mean
Answer:
B. Managers mantain order and leaders seek change
