Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.

rusak2 [61]

Artificial selection is the intentional reproduction of individuals in a population that have desirable traits. In organisms that reproduce sexually, two adults that possess a desired trait — such as two parent plants that are tall — are bred together.

7 0

3 years ago

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Consider the single factor APT. Portfolio A has a beta of 1.3 and an expected return of 21%. Portfolio B has a beta of .7 and an

svetoff [14.1K]

Answer:

Portfolio A and Portfolio B

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

The Market rate of return - Risk-free rate of return) = Market risk premium

Let us assume the market risk premium be X

For Portfolio A:

21% = 8% + 1.3 × X

13% = 1.3 × X

So, the X = 10%

For Portfolio B:

17% = 8% + 0.7 × X

9% = 0.7 × X

So, the X = 12.86%

Based on the market risk premium calculations, we can conclude that Portfolio A should be in short position while Portfolio B should be in long position as portfolio B has higher market risk premium than B

3 0

3 years ago

WalCo is a manufacturing company. Assume the estimated inventories on January 1, 2020, for finished goods, work in process, and

ASHA 777 [7]

Answer:

Cost of goods sold=$955000

Explanation:

we know that to calculate cost of goods sold we have to first finds cost of goods manufactured and to calculate cost of goods manufactured we will need total manufacturing cost.

Step#01: Total manufacturing cost=?

Total manufacturing cost= raw material used+direct labour+ factory overhead

Raw material used=?

Raw material (open)= 72000

Add: Raw material purchase=467000

539000

less: Raw material (ending)= (93000)

Raw material used 446000

Total manufacturing cost=446000+363000+213000=1021000

Step#2: Cost of goods manufactured (COGM)=?

we know that: COGM= Total manufacturing cost+ work in process (open)-work in process (end)

COGM= 1021000+63000-84000=1000,000

Step#3: Cost of goods sold (COGS)=?

we know that : COGS= Cost of goods manufactured+finished goods (open)-finished goods (ending)

COGS= 1000000+171000-216000=955000

6 0

3 years ago

H.T. Tan Company is preparing the annual financial statements dated December 31 of the current year. Ending inventory informatio

irinina [24]

Answer:

The calculation is shown below:

Explanation:

According to the scenario, the computation of the following data can be done as follows:

Total Cost = Quantity × Unit Cost

Total NRV = Net Realizable Value × Quantity

So, by putting the value in the formula, we get,

Item Quantity Total Cost Total NRV Lower of cost or NRV

A 59 $1,416.00 $1,239.00 $1,239.00

B 89 $3,471.00 $4,361.00 $3,471.00

C 19 $1,083.00 $1,159.00 $1,083.00

D 79 $2,686.00 $3,081.00 $2,686.00

E 359 $6,821.00 $5,026.00 $5,026.00

Total $15,477.00 $14,866.00 $13,505.00

6 0

3 years ago

Ctrl+_______ selects the last cell with data.

mr Goodwill [35]

Ctrl+End Although this is actually a shortcut method in excel for accomplishing the task in the above named question, there is no other direct methods for selecting the last set of data one is working with in Microsoft excel.

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3 years ago

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