Answer:
cost of goods sold = $580
Explanation:
The cost of the goods sold means the cost price of the total sales volume. As the company uses FIFO (First-in, First-out) method and also uses the perpetual inventory system, the cost of goods sold =
Cost of goods sold =
20 units × $19 = $380 (The price is from November 1)
10 units × $20 = $200 (The price is from November 10)
The total cost of goods sold (30 units) = $580
Answer:
accounts receivable processing
or
order department
Answer:beta
Explanation:Beta is a measure of a stock's volatility in relation to the overall market.
Beta is a component of the capital asset pricing model (CAPM), which is used to calculate the cost of equity funding. The CAPM formula uses the total average market return and the beta value of the stock to determine the rate of return that shareholders might reasonably expect based on perceived investment risk. In this way, beta can impact a stock's expected rate of return and share valuation.
Beta is calculated using regression analysis. Numerically, it represents the tendency for a security's returns to respond to swings in the market. The formula for calculating beta is the covariance of the return of an asset with the return of the benchmark divided by the variance of the return of the benchmark over a certain period.