Explanation:
According to the question , the reward - to - risk ratio for the stock A is lesser than that of the Stock B .
The beta values for both the stock is given as -
Stock A = 0.82
and ,
Stock B = 1.29 ,
From the above information , it can be implied that either stock B is under price or the stock A is overpriced, or both .
Since , in the above case the absolute sense can not be determined and only the judgement can be made .
Answer:
The number of units must be sold to yield a target operating income of $26,000: 5,600 units
Explanation:
Contribution margin per unit = Sales price – Variable cost per unit = $32-$27=$5
The number of units must be sold to meet the target income figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted income) / Contribution margin per unit = ($2,000 + $26,000)/$5 = 5,600 units
Answer:
Answer for the question:
Haskins and Jones, Attorneys-at-Law, maintains its books on a cash basis. During 2021, the law firm collected $610,000 for services rendered to its clients and paid out $425,000 in expenses. You are able to determine the following information about accounts receivable, prepaid expenses, deferred service revenue, and accrued liabilities: January 1, 2021 December 31, 2021 Accounts receivable $ 75,000 $ 67,000 Prepaid insurance 5,800 7,100 Prepaid rent 10,500 9,600 Deferred service revenue 10,500 12,200 Accrued liabilities (for various expenses) 13,500 17,700 In addition, 2021 depreciation expense on office equipment is $28,500. Required: Determine accrual basis net income for 2021.
is given in the attachment.
Explanation:
Answer:
$210,664
Explanation:
The computation of the book value is shown below:
= Purchase cost - sale cost
where,
Purchase cost is $530,000
And, to find the sale cost first we have to determine the cost per ton which is shown below:
Cost per ton = Purchase cost ÷ estimated tons
= $530,000 ÷ 37,000 tons
= $14.32
Now the sale value of 2,500 tons for 2018 would be
= 2,500 tons × $14.32
= $35,800
And, the sale value of 19,800 tons for 2019 would be
= 19,800 tons × $14.32
= $283,536
Now the total sales cost would be
= $35,800 + $283,536
= $319,336
Now put these values to the above formula
So, the value would equal to
= $530,000 - $319,336
= $210,664
A withholding that you can see on your pay stub could include a health insurance payment or a retirement savings.
