Shsiieiwiwoowlqllalaksmsndnd
Answer:
The break-even in monthly dollar sales is closest to $215,000
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed expense/(Selling price per unit-Variable expense per unit) = $144,050/($230.00 - $75.90) = 935 units
The break-even in monthly dollar sales = 935 x $230.00 = $215,000
<span> c) Samuel Morse becasue he the only person
</span>
Answer: The standard deviation of the stock is 3.23 percentage
Explanation:
First we shall calculate the epected weighted average return of the stock.
We shall multiply the probability of the scenario with its expected return and then take the sum of the expected returns of different scenarios,
E(x) = (0.2 x 14%) + (0.7 x 8%) + (0.1 x 2%)
E(x) = 8.6%
We shall use the follwing formula to calculate the Variance of the stock,
σ²(x) = ∑ P(
) × [
- E(r)]²
σ²(x) = (0.2) (0.14 - 0.086)² + (0.7) (0.08 - 0.086)² + (0.1) (0.02 - 0.086)²
σ²(x) = 0.001044
To find the standar deviation,
σ(x) = 
σ(x) = 0.0323109
in percentage it would be 3.23%