Answer:
C. Stock analysts can use fundamental analysis to identify undervalued stocks
Explanation:
The answer is that Felix builds his portfolio on the supposition that stock analysts can use fundamental analysis to identify undervalued stocks because the statement indicates that Felix decides to pay to a manager who handles the mutual fund's portfolio to help him find stocks that will increase their value. From this, you can inferred that Felix considers that as the manager works with stocks that he has the knowledge and tools to be able to advise him on the stocks that will increase their value given the constant change and the unpredictability of the stock market.
Answer:
A. Cash Budget
Explanation:
Cash budget is a form of budget showing the estimated cash flow for a business operation over a given period of time. Its important because it shows or rather indicates whether or not a business or an organization has enough cash for it's operations. It shows the inflows and outflows for a specified amount of time for a given business. It helps avoid shortage of cash in periods where company experiences high amount of expenses. Garry would look to develop a cash budget as it would help him in understanding and organizing his finances.
Materials that become independent components of the finished product and whose cost can be easily and conveniently traced to the finished products are <u>direct materials.</u>
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<h3>What are direct materials?</h3>
Those components pass into a manufactured product are called as Direct materials. Direct materials cost refers to the cost of direct materials which may be without problems recognized with the unit of production.
For example, the value of glass is an immediate substance cost in light bulb manufacturing.
Hence, Materials that become independent components of the finished product and whose cost can be easily and conveniently traced to the finished products are <u>direct materials.</u>
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Answer:
a. Yes
b. No
Explanation:
Price discrimination refers that selling the products the same product to different customers at different prices so that they can increase their sales and profits.
A. According to the given situation, the correct answer is yes as the discounted tickets are awarded on the basis of lottery or first come on the basis of first served.
b. Now, according to the second situation, the correct answer is no as it is not an advertising item as is it within the store and has no information outside the store.
Answer:
Explanation:
Raw data (in $):
August September
Sale 235,000 1.3 × 235,000 = 305,500
- Cash collected 40% 60% of 235,000
40% of 305,500
Purchase 185,000 205,000
- Cash paid 30% 70% of 185,000
30% of 205,000
Beginning cash balance on September 1: $8,600
<u>Calculations: </u>
The change of the cash balance on September will be the cash collected during the month less the cash paid during the month:
- Cash collected: 60% × $235,000 = $141,000
40% × $305,000 = $122,200
- Cash paid: 70% × $185,000 = $129,500
30% × $205,000 = $61,500
<u>Ending cash balance of September 30:</u>
- Beginning cash balance + cash collected - cahs paid
- $8,600 + $141,000 + $122,200 - $129,500 - $61,500 = $80,800