Answer:
$27,900
Explanation:
The computation of adjusted cash balance is shown below:-
Adjusted cash balance = Balance at May 31 - bank service fees - NSF check
= $28,525 - $25 - $600
= $27,900
Therefore for computing the adjusted cash balance we simply deduct the bank service fee and NSF check from balance at may 31
Hence, the adjusted cash balance is $27,900
Answer:
$11,400
Explanation:
Data provided as per the question is below:-
Shares = 1,900
Undervalued amount = $11
Overvalued amount= $5
The computation of profit is shown below:-
Profit = Shares × Undervalue amount - Shares × Overvalued amount
= 1,900 × $11 - 1,900 × $5
= $20,900 - $9,500
= $11,400
Therefore for computing the profit we simply applied the above formula.
Answer:
118%
Explanation:
Calculation for the M2 measure invested in the managed portfolio
Using this formula
M2 measure invested in the managed portfolio=Managed portfolio standard deviation standard deviation/Market portfolio's standard deviation
Let plug in the formula
M2 measure invested in the managed portfolio=26%/22%
M2 measure invested in the managed portfolio=118%
Therefore the adjusted portfolio P* needed to calculate the M2 measure will have 118% invested in the managed portfolio and the rest in T-bills
Answer:
C. Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle
Explanation:
At first glance, it is easy to identify that alternatives A and C are antagonistic meaning that one or the other must NOT be true.
Cash conversion cycle (CCC) describes the amount of days a company requires to convert its investments into cash flows from sales.
Production Cycle and Collection Cycle are both related to assets and thus are positive in the equation for the CCC. The payment cycle is a liability and therefore must be taken as negative in the equation.
The alternative C. Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle is NOT true
Answer:
C. $15,300
Explanation:
Calculation to determine what GDP equals:
Using this formula
GDP = Consumption + Investment spending + Government Spending + Net Export
Where,
Net Export = Export - Import
Let plug in the formula
GDP=$9,000 + $3,000 + $3,500 + ($2500 - $2700)
GDP= $15,300
Therefore GDP equals:$15,300
