Answer:
Particulars Amount
Sales $955,000
Less: Fixed cost of goods sold $111,000
Less: Variable cost of goods sold <u>$261,000</u>
Gross Profit $583,000
Less: Fixed selling & admin. costs $111,000
Less: Var. selling & admin. costs <u>$136,000</u>
Operating Income <u>$336,000</u>
The answer would be:
A. discussing non-business-related topics
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Answer:
rd+premium = 10.5%
using CAPM = 10.3%
Explanation:
Under bond-yield+ risk-premium approach
This method simply propose to add the bond yield with the estmated risk premium:
0.065 + 0.04 risk premium = 0.105
r_f = 0.055
β = 0.8
(r_m-r_f) = 0.06
0.055 + 0.8(0.06) = 0.103 cost of capital using CAPM
<span>The given data shows that Watson Enterprises signed a $24,000, 60-day, 4% note payable as replacement of an account payable with Erikson Company. Below are the journal entries that should be recorded upon signing the note:
1.Debit Accounts Payable $24,000
2.credit Notes Payable $24,000.</span>
Answer:
= (0.043 , 0.257)
Explanation:
p = 9/60 = 0.15
Z score for 98% confidence interval = Z0.01 = 2.33
The Confidence interval = (p + Z0.01 * sqrt(p * (1 - p) / n))
= (0.15 + 2.33 * sqrt(0.15 * (1 - 0.15) / 60))
= (0.15 + 0.107)
= (0.043 , 0.257)
