Answer:
$5,566.84
Explanation:
to determine the amount of money that Mary had in her account at the beginning of the year we can use the resent value formula:
present value (PV) = future value (FV) / (1 + interest rate)ⁿ
where:
- FV = $6,248.95
- interest rate = 12.253%
- n = 1
PV = $6,248.95 / (1 + 12.253%) = $6,248.95 / 1.12253 = $5,566.84
Answer:
expected return is 18%
volatility of the portfolio 13.23
%
Explanation:
Your Investment: $ 10,000
Invest $ 20,000 in Google, Google's expected return is 15 %
Sell $ 10,000 worth of Yahoo! Yahoo! Yahoo!'s expected return is 12 %
=> The weight of your portfolio is 2 for the Google stock, and -1 for the Yahoo stock. The negative sign for the Yahoo stock indicates a short position in the stock. The expected return is the weighted average of the returns on the two stocks:
- 2 * 15% + (-1) * 12% = 18%
The volatility of the portfolio is:
= 13.23
%
Answer:
A manager is an employee hired to oversee daily administration of the business. while the entrepreneur owns the business
Answer:
B) yes no yes
Explanation:
Particulars Product X Product Y Product Z
Units Produced 2,000 2,500 3,500
Sales value at split-off $15 $19 $20
Add: Processing cost $5 $7 $7
Sales after processing $24 $24 $29
Profit after
processing further $24- $15 - $5 $24 - $19 - $7 $29 - $20 - $7
= $4 = - $2 = $2
Yes No Yes
Since revenue after split off is from Product X and product Z, Product Y is creating negative profit that is loss from further processing.
Correct option
B) yes no yes
Answer:
NOV 1
Inventory 1,600
Account Payable 1,600
Nov 5
Account Payable 1,600
Discount received 32
Cash 1,568
Nov 7
Cash 100
Inventory 100
Nov 10
Freight In 80
Cash 80
Nov 13
Account receivable 1,728
Sales Revenues 1,728
Nov 13
COGS 864
Inventory 864
Nov 16
Sales Revenue 200
Account receivable 200
Nov 16
Inventory 100
COGS 100
Explanation:
The changes in inventory valuation must be done imediatly under perpetual inventory system.