Answer and Explanation:
The computation of the expected rate of return and the standard deviation is shown below;
The Expected Rate of Return is
= Weighted × expected rate of return + weighted × t-bill rate
= 0.60 × 20 + 0.40 × 5
= 14%
And,
The Standard Deviation is
= Weighted × standard deviation + weighted × 0
= 0.60 × 36 + 0.40 × 0
= 21.60%
Formulating and implementing goals and initiatives from the company's top management is what the strategic management mainly involves at. It is mostly based on the consideration of resources in which the organization competes. I hope my answer has come to your help. God bless and have a nice day ahead!<span>
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By keep doing what your doing and
Answer:
$390000
Explanation:
Given: Beginning inventory= $60000
Cost of goods purchased = $380,000
Sales revenue= $800000.
Ending inventory= $50000.
The Periodic inventory system is used to determine the amount of inventory available at the end of each accounting period.
Cost of goods sold= ![beginning\ inventory+ cost\ of\ goods\ purchased- ending\ inventory](https://tex.z-dn.net/?f=beginning%5C%20inventory%2B%20cost%5C%20of%5C%20goods%5C%20purchased-%20ending%5C%20inventory)
⇒ Cost of goods sold= ![60000+380000-50000](https://tex.z-dn.net/?f=60000%2B380000-50000)
⇒ Cost of goods sold= ![\$ 440000 - \$ 50000](https://tex.z-dn.net/?f=%5C%24%20440000%20-%20%5C%24%2050000)
∴ Cost of goods sold=
.
Hence, $390000 is the cost of goods sold under a periodic system.