Answer:
Accounts payable Dr, $16,800
Purchase discount Dr, $336
To Cash $16,464
Explanation:
The Journal entry is shown below:-
Accounts payable Dr, $16,800
Purchase discount Dr, $336
To Cash $16,464
(Being Cash is recorded)
Working Note :-
List price of goods after return = $19,200 - 2400
= $16,800
Discount on balance = 16800 × 0.02
= $336
For recording the cash we simply debited accounts payable, purchase discount and credited the cash
Correlation coefficent = 0.5356
<u>Explanation:</u>
Portfolio variance = (Standard of stock A * Weightage of stock A)2 + (Standard of stock B * Weightage of stock B)2 + 2 * (Standard of stock A * Weightage of stock A) * (Standard of stock B * Weightage of stock B) * Correlation coefficent.
Correlation coefficent
By calculating the above equation, we get,
=> Correlation coefficent = 0.5356
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Answer:
D. Predictive Analytics
Explanation:
Predictive analytics is a data mining technique that involves the use of old previous information in the prediction of future activities. It is the use of statistical data and algorithms in determining the likelihood that a future event will occur based on the historical facts found in the statistical data. It is used in identifying patterns and predicting future outcomes and trends based on those identified patterns. An example of this is a forecast that helps police in predicting areas most likely that crime will occur.
