Answer:
a. Jake, Kim, or Lou.
Explanation:
A promissory note is a signed document with a signed written promise on paying a specific amount of money to the owner of the note on a specific date or on demand. This being said an individual can only collect payment on the note from those who had it before them, therefore in this scenario Mona can collect payment from either Jake, Kim, or Lou.
Answer:
Stock X has a CV of 4 while Stock Y has a CV of 2. As stock Y has a lower CV than Stock X, it is less riskier.
Explanation:
The coefficient of variation is a statistical model which is also used to determine the volatility per unit of a factor. In terms of a stock, the coefficient of variation calculates the volatility of its return. It is calculated by dividing the stock's standard deviation, which is a measure of risk, by the stock's mean return or expected return.
CV = SD / r
Where,
- CV is coefficient of variation
- SD is standard deviation
- r is expected return
The CV of a stock tells us the risk per unit of return. The higher the CV, the riskier the stock and vice versa.
Stock X has a CV of 4 while Stock Y has a CV of 2. As stock Y has a lower CV than Stock X, it is less riskier.
Answer:
The right answer is "$14,496".
Explanation:
The given values are:
Direct material cost,
= $7700
Labor hours,
= 178
Wage rate,
= $22 per hour
Machine hours,
= 90
Predetermined overhead rate per machine,
= $32
Now,
The direct labors cost will be:
= 
= 
= 
($)
Mfg. overhead costs will be:
= 
= 
= 
($)
So,
The total manufacturing cost will be:
= 
= 
($)
Answer: $118,304
Explanation:
Given the following:
End of year cashflow of portfolio is either :
$70000 or $195,000
Probability of either equals = 0.5
With a riskless investment in T-bills of 4% and a risk premium of 8%, then the expected rate of return = 12%
Therefore ;
Amount of portfolio × (1 + expected rate of return) = expected cashflow.
Expected cash flow = probability × end of year cashflow
Expected cashflow = (0.5 × 70000) + (0.5 × 195000)
= 35000 + 97500 = $132500
Therefore ;
Amount of portfolio × (1 + 0.12) = 132500
Amount of portfolio × 1.12 = 132500
Amount of portfolio = 132500/1.12
Amount of portfolio = $118,303. 57
=118,304
