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timurjin [86]
3 years ago
9

A stock has an average return of 19.2 percent and a standard deviation of 10.7 percent. In any one given year, you have a 95 per

cent chance that you will not lose more than _____ percent nor earn more than ____ percent if you invest in this security.
Business
1 answer:
Papessa [141]3 years ago
7 0

Answer:

1. -2.2% 2. 40.6%

Explanation:

95%probability range =0.192±(2*.0107)=-2.2% to 40.6%

With the use of tables, we can work out above figures

95% given in question

Standard deviation given 10.7%

Average return=19.2%

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Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
Mice21 [21]

Answer:

Total product cost= $169,000

Explanation:

<u>The product cost is calculated using the direct material, direct labor, and manufacturing overhead:</u>

<u></u>

Direct materials $ 79,000

Direct labor $ 40,000

Variable manufacturing overhead $ 19,000

Fixed manufacturing overhead 31,000

Total product cost= $169,000

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3 years ago
Stanley, Inc.'s 2018 income statement reported net sales of $6,000,000, uncollectible accounts expense of $160,000, and net inco
Daniel [21]

Answer:

d.   Account receivable days = 72 days

Explanation:

The average receivable days. This is the average length of time it takes a business to collect the amount due from its customers in respect of  credit sales.

When a business sells on credit , customers are expected to settle their account within a given credit period. Account receivable days is computed to evaluate how well a business is managing its investment in the account  receivables.

The shorter the better, as it means that custmers are paying on time, thereby preserving cash position for the business and reducing the risk bad debt.

A prolonged account receivable days means a poor credit control system  which comes with the attendants risk bad debt and additional financing costs for the business.

To compute the account receivable days (debtors collection period), use this formula:

Account receivable days= (Average account receivable/Credit sales) × 360 days.

So we apply this to the question:

Account receivable days= ( 1,200,000/6,000,000) × 360 days

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3 years ago
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There are several ways you can receive a scholarship. These methods will <u>not guratee</u> you a scholarship but help.

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PLEASE be aware that are also <u>fake sites</u> so don't put your personal information if it's not an legitimate site.

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