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Nutka1998 [239]
3 years ago
10

Your stockbroker executed the following trades for your account: • 50 shares of Kaiser Aluminum at $104 a share • 100 shares of

GTE at $25.25 a share • 20 shares of Boston Edison at $9.125 a share Based on this information, the weighted arithmetic mean price per share is?
Business
1 answer:
katrin2010 [14]3 years ago
4 0

Answer:

$46.51

Explanation:

The weighted arithmetic mean can be defined as:

M = \frac{n1P1 + n2P2 +n3P3}{n1 +n2+n3}

Where n is the number of shares and P is the share price, then:

M= \frac{50*104 + 100*25.25+ 20*9.125}{50+100+20} \\ M= \frac{7907.5}{170}\\M= 46.514

Based on this, the weighted arithmetic mean price per share is $46.51

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Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War
Diano4ka-milaya [45]

Answer:B

Explanation: :)

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3 years ago
Wakefield Hospital has only one portable X-ray machine. The emergency room staff claim to have the greatest need for the machine
Anton [14]

Answer:

b. scarce resources.

Explanation:

Scarcity is one of the basic economic problems. Scarce resocurces means that resources needed to satisfy human wants are available in limited quantities.

In this question, the portable X-ray machine is the scare resource.

I hope my answer helps you

6 0
3 years ago
In January, Tongo, Inc., a branding consultant, had the following transactions a. Received $16,600 cash for consulting services
belka [17]

Answer:

Tongo, Inc.

General Journal:

a. Debit Cash Account $16,600

Credit Services Revenue $16,600

To record the receipt of cash for consulting services.

b. Debit Cash Account $15,000

Credit Common Stock $15,000

To record the issue of common stock for cash.

c. Debit Equipment $16,100

Credit Cash Account $4,025

Credit Notes Payable $12,075

To record the purchase of equipment for cash and notes payable.

d. Debit Cash Account $12,500

Credit Deferred Revenue $12,500

To record the receipt of cash for consulting services.

e. Debit Supplies $1,550

Credit Accounts Payable $1,550

To record supplies bought on account.

f. Debit Utilities Expense $1,960

Credit Utilities Payable $1,960

To record utilities expense for the month.

g. Debit Accounts Receivable $19,600

Credit Service Revenue $19,600

To record consulting services on account.

h. Debit Cash Account $14,300

Credit Accounts Receivable $14,300

To record the receipt of cash from customers on account.

i. Debit Accounts Payable $775

Credit Cash Account $775

To record payment for supplies.

Explanation:

Tongo, Inc. prepares the general journal to record business transactions as they occur on a daily basis initially in the books of accounts.  The general journal shows the accounts that are debited and the ones that are credited after identifying the accounts involved for each transaction.

5 0
3 years ago
Which sociological perspective would view sports as a form of big business in which profits are more important than the health a
Umnica [9.8K]

Answer: B. CONFLICT PERSPECTIVE

Explanation:

CONFLICT PERSPECTIVE

This theory which was opined by Karl Marx suggests that society keeps competing for limited resources and as such is in continuous conflict.

According to this theory, individuals and groups within society work to maximize their benefits and hold onto wealth by any means necessary including the disregard of the health and safety of athletes in this scenario.

4 0
3 years ago
A mother earned ​$ 18750.00 18750.00 from royalties on her cookbook. She set aside​ 20% of this for a down payment on a new home
BARSIC [14]

Answer:

a) $ 5000, $ 10000 b) $ 5000

Explanation:

The royalties money = $18750

She set aside 20% for new home  which = 0.2 × 18750 = $ 3750

Amount remaining = 18750 - 3750 = $15000

She invested a sum in a bank certificate of deposit

let the amount invested in bank certificate = y

profit from the investment in the bank = 0.04y

second investment amount = 15000 - y

profit of investment = 0.07 ( 15000 - y)

sum of the two profit  = 0.04y + 0.07 (15000 - y) = total profit = $ 900

0.04y + 0.07 (15000 - y) = 900

open the bracket and rearrange the equation

0.04y + 1050 - 0.07y = 900

0.04y - 0.07y = 900 - 1050

-0.03y = -150

divide both side by -0.03

y = -150 / -0.03 = $ 5000

The amount of money invest at 4% is $5000

The amount of money invested at 7% = 15000 - 5000 = $10000

The amount of money invested in CD account = $ 5000

3 0
3 years ago
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