Answer: 9.71%
Explanation:
The expected 1 year rate 2 years from now is given by;
2 years rate = 8.20%
3 year rate = 8.7%
= 9.71%
Answer:
$6
Explanation:
The asset turnover ratio is calculated by dividing the <em>net sales</em> by average <em>total </em>assets. So you do this:
Average Assets
5000 + 5000 +10000 = 20000 ↷
20000⁄3 = 6666⅔ [In money, approximately $6666,67]
Net sales\AVERAGE total assets
40000⁄6666⅔ = 6
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Answer: Federal Reserve Board
Explanation:
The Federal Reserve Board represents the leadership of the Federal reserve system or the Fed, America's central bank.
Decisions that have to do with the eligibility of an over-the-counter stock for purchase on margin falls under Federal purview and is regulated by the Federal Reserve Board and enforced by the Financial Industry Regulatory Authority.
Answer:
The correct answer is:
100,000 equivalent units (c.)
Explanation:
The equivalent units of production refers to all the units completely produced during the period, and this includes;
units completed and transferred out = 85,000 units
30% of ending work in process inventory = 30% of 50,000
= 30/100 × 50,000 = 0.3 × 50,000 = 15,000 units
∴ Equivalent units of production = (units completed and transferred out) + (30% of ending work in process inventory)
= 85,000 + 15,000 = 100,000 units.