Hi
I believe you forgot coal because that's the answer. I took the test. Good Luck!
Answer:
c. $26,000.
Explanation:
The computation of the actual reserve is as follows:
Actual reserve is
= Reserve requirement + excess reserve
= $80,000 × 20% + $10,000
= $16,000 + $10,000
= $26,000
hence, the actual reserve is $26,000
Therefore the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The arithmetic average returns for this investment= 5.4%
The geometric average returns for this investment= 4.89%
Explanation:
Arithmetic average return is simple the addition of all the returns by divided the years which is 5
=(-9)+17+9+14+(-4)/5 =5.4%.
while the geometric mean will require you to first add 1 to each return(this will help you deal with the negative numbers.
{(0.91)*1.17*1.09*1.14*(0.96)^(1/5)}-1=0.0489, to change it to percentage simply multiply it by 100 and the final answer will be 4.89%
Answer:
= 25%
Explanation:
<em>Capacity cushion is the excess of the of the available capacity over and above the utilized capacity .This then can be expressed as a percentage by multiplying by 100.</em>
Available capacity = 360,000 customers per year
Utilized capacity = 270,000 customers per year
Spare capacity = (available - utilized)/available × 100
= (360,000 - 270,000)/360,000 × 100
= 25%
