Which of the following statement(s) is(are) true regarding the variance of a portfolio of two risky securities? I) The higher th
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Answer
The cost of the one pound of the box is $0.974.
Explanation:
As given
Willis Rusch recently purchased a 5-pound box of treats for his dog.
The total purchase price was $4.87 .
i.e
Cost of 5- pound box = $4.87
Thus
Putting the values in the above
= $ 0.974
Therefore the cost of the one pound of the bos is $0.974.
Answer:
We are given all the details of the activity and the results of those activities, like the cost and revenue.
The multi step income statement shall be as follows:
Income:
Revenue from Sales = $2,391,000
Other Income = $0
Total Revenue = $2,391,000
Expenses:
Cost of goods sold = $1,168,860
$23 50,820
Selling and Administrative = $303,100
Interest Expense = $13,060
Total Expenses = $1,485,020
Net Income before Taxes = $905,980
Less: Taxes on income = $220,400
Income from Continuing Operations = $685,580