Answer:
C. Gatsby shows Nick a medal from Montenegro
Explanation:
Nick went for a lunch with Gatsby wherein the latter recounts his story on drive, which is hard for Nick to believe.
To substantiate his narration and to take Nick into confidence, Gatsby hands over to Nick, various articles such as his old university days photograph, the medal he won at Montenegro.
The latter i.e the medal convinces Nick that Gatsby might have told the truth about his background, in the story he just narrated.
Answer:
$14.49
Explanation:
Present P/E ratio = Current stock price/(Net income/Shares outstanding)
Present P/E ratio = 14.75/($8,000,000/5,500,000 shares)
Present P/E ratio = 10.1406
EPS after 1 year = 8000000*125%/ 7000000
EPS after 1 year = 1.4286
Stock price = EPS after 1 year * Present P/E ratio
Stock price= 1.4286* 10.1406
Stock price = $14.49
Answer:
It explicitly incorporates uncertainty in one or more input variables.
Explanation:
In simulation analysis we perform 1000's of calculations assigning risk of uncertainty to multiple input variables, as with increased data set the variable tend to increase.
This technique is generally used, for project management and further, decision making in many streams.
Under this probability of different results in the form of outcomes are evaluated.
Therefore, the correct statement is b.
Answer:
The standard cost is $5 per lbs
each units uses 2 lbs, so the unit stadard cost is $10
Explanation:
Volume variance
std quantity 2800.00 (1,400 units times 2 pounds per unit)
actual quantity 3000.00
std cost ??
difference -200.00
efficiency variance $(1,000.00)
-200 x Std cost = -1,000
Standard cost = -1,000/-200 = 5
The standard cost is $5 per lbs
each units uses 2 lbs, so the unit stadard cost is $10
