Answer:
$60,000
Explanation:
Data provided for calculating the differential revenue is here below:-
Projected revenue A revenue = $180,000
Projected revenue B revenue = $240,000
The computation of differential revenue is shown below:-
Differential revenue = Projected revenue B revenue - Projected revenue A revenue
= $240,000 - $180,000
= $60,000
So, for computing the differential revenue we simply applied the above formula.
The process of researching and creating new instruments to meet the requirements of investors and institutions in a financial environment that is rapidly shifting is known as financial engineering.
The application of mathematical techniques to the resolution of finance-related issues is known as financial engineering.Financial mathematics, mathematical finance, and computational finance are all other names for it.Tools from applied mathematics, computer science, statistics, and economic theory are used in financial engineering.
What distinguishes finance from financial engineering?
The fact that finance professionals use the products that finance engineers create in order to serve clients is a basic way to understand the difference between the two professions. Even though the two professions are distinct, they collaborated to create the industry we know today.
Learn more about financial engineering here:
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Answer:
7.16 times
Explanation:
Average accounts receivable:
= (Beginning accounts receivable + Ending accounts receivable) ÷ 2
= ($3.2 billion + $3.25 billion) ÷ 2
= $3.225 billion
Accounts Receivable turnover ratio:
= Net annual credit sale ÷ Average accounts receivable
= $23.1 billion ÷ $3.225 billion
= 7.16 times
Therefore, the Accounts receivable turnover ratio is 7.16 times.
Answer:
a.The rental of any ski equipment you need.
b.The cost of a lift ticket.
d. The wages you forgo by going skiing.
Explanation:
The true cost in this case can also be called the opportunity cost of going skiing and it is defined as the total cost required in order to achieve the aim of going skiing.
The rental of any ski equipment you need, the cost of a lift ticket and the wages you forgo by going skiing are all included in the true cost of going skiing.
Answer:
Part (a)
Equivalent units for materials using the weighted-average method is 70500 units
Part (b)
Equivalent units for conversion costs using the weighted-average method is 52735 units
Explanation:
Transferred Out(eqiv) Ending Inventory(equiv) Total
Materials 49600 20900 70500
Conversion Cost 49600 3135 52735
<u><em>Equivalent units for materials</em></u>
Transfered Out Units are 100% complete in terms of materials. Hence 49600 equivalent units.
Ending Inventory is 100% complete in terms of materials hence 20900 equivalent units.
<u><em>Equivalent units for Conversion Costs</em></u>
Transfered Out Units are 100% complete in terms of Conversion Costs. Hence 49600 equivalent units.
Ending Inventory is 15% complete in terms of materials hence 3135 equivalent units.
