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Scrat [10]
3 years ago
5

Mark works strictly on commission of his gross sales from selling two different products for his company. last​ month, his gross

sales were ​$90 comma 00090,000. if he earns 44​% commission on product a and 33​% commission on product​ b, what were his gross sales for each product if he earned ​$33203320 in total​ commission?
Business
1 answer:
aliya0001 [1]3 years ago
5 0

It is 27,000  is correct

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A. A stock's returns have the following distribution:
babunello [35]

Answer:

Following are the response to the given question:

Explanation:

For question 1:

The weighted average of each return is the expected return.

Expected\ return = 0.1 \times -0.22 + 0.2 \times -0.12 + 0.3 \times  0.17 + 0.2 \times  0.33 + 0.2 \times  0.56 \\\\

                           = 0.1830 \\\\= 18.30\%

For question 2:

Standard deviation is a measured source of the square deviations from the mean via probability.

Std \ dev = [0.1 \times (0.183-(-0.22))^2 + 0.2 \times (0.183-(-0.12))^2 + 0.3\times(0.183-0.17)^2 + 0.2\times (0.183-0.33)^2 + 0.2\times (0.183-0.56)^2]^{(\frac{1}{2})}\\\\

             = 0.2596 \\\\= 25.96\%

For question 3:

For point a:

\text{Coefficient of variation} = \frac{std \ dev}{expected\ return} \\\\

                                    =\frac{0.2596}{0.183} \\\\= 1.42

For point b:

As per the CAPM:  \text{Required return = risk free rate + beta}\times \text{market risk premium}

\to 16\% = 4.5\% + beta\times 5\%\\\\\to beta = 2.3

 In Option I:

When the beta of the stock exceeds 1.0, the change in the required rate of return must be higher than the increase in the premium of market risk. Beta is the degree to which stock return changes as market returns change.

 \text{Required return = risk free rate + beta}\times \text{market risk premium}

Required \ return = 4.5\% + 2.3\times 7\%\\\\Required \ return = 20.6\%\\\\

5 0
3 years ago
Martinez Corporation owns a patent that has a carrying amount of $310,000. Martinez expects future net cash flows from this pate
meriva

Answer:

Please find the detailed answer as follows:

Explanation:

Step 1. Given information.

Carrying amount 310.000

Fair Value 160.000

Step 2. Formulas needed to solve the exercise.

Impairment loss = Carrying value - Fair Value

Step 3. Calculation.

Impairment loss = $310.000 - $116.000 = $194.000.

Step 4. Solution.

The carrying amount of $310.000 > fair value of $160.000. To measure the impairment loss, just do CV-FV. hence $310.000 - $116.000 = $194.000.

Loss on impairment $194.000

Patent $194.000

6 0
3 years ago
Which element of a business does the following statement represent?
jeyben [28]

Answer:

Objective

Explanation:

7 0
3 years ago
If a project has a net present value equal to zero, then: I. the present value of the cash inflows exceeds the initial cost of t
Over [174]

Answer:

ii, iii, iv

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

If the present value of the cash inflows exceeds the initial cost of the project,  NPV is positive

If the present value of the cash inflows is less than the initial cost of the project,  NPV is negative

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3 years ago
What is chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end
NeTakaya

Answer:

A distribution channel is the correct answer.

Explanation:

3 0
2 years ago
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