Answer:
True
Explanation:
because it gives mor information
Answer:
Total production cost: $121,000
Unit cost: 17,2857 = $17.29
Explanation:
the unit cost will be the result of dividing the total unit putput by the cost added into the manufacturing process to generate that ouput.
material cost + labor cost + overhead cost = total cost
26,000 + 20,000 + 70,000 = 121,000
<em><u>Then we divide over the total output</u></em>
121,000 / 7,000 = 17,2857
Answer:
The expected return on this stock is:
C. -6.80%.
Explanation:
a) Data and Calculations:
State of the Economy Probability E(R) Weighted Value
Boom 0.40 16% 0.064
Recession 0.60 -22% -0.132
Total expected returns -0.068
= -6.8%
Let us assume that this stock is Stock A. Therefore, Stock A's expected return is given by adding the weighted returns of the two economic states of Boom and Recession. The result shows that the returns will be negative (-6.8%). This implies that instead of appreciating in value, the stock will actually depreciate by 6.8%.
Answer:
information that already exists somewhere, having been collected for another purpose
Explanation:
In data collection there are two main types based in the source and the purpose for which it is collected.
Primary data collection is done mainly for a particular purpose. It is the first time data is collected for that reason.
Secondary data is one that is collected from primary sources. It is collected from data compiled for other purposes in the past.
The data is now seen as being useful for another activity so it is reused.
Examples are information from newspapers, diaries, transcripts, and financial statements
Answer: 10.67%
Explanation:
Mr Madoff is offering to grow the current value of $1,000 to a future value of $1,500 in 4 years.
This is a future value problem.
1,500 = 1,000 * ( 1 + interest) ^ 4 years
( 1 + interest) ^ 4 = 1,500/1,000
( 1 + interest) = 4√(1,500/1,000)
1 + interest = 1.1066819197
Interest = 1.1066819197 - 1
= 10.67%
