Answer: 0.6%
Explanation:
The expected return is a weighted average of the returns of the assets invested in.
70% is invested in cash which earns 0%
30% is in a savings account earning 2%
Expected return = (70% * 0%) + (30% * 2%)
= 0% + 0.6%
= 0.6%
Answer:
B) It would increase the opportunity cost of becoming a broadcaster.
Explanation:
Opportunity costs are defined as the cost of choosing one alternative activity or investment over another.
The basketball player has two options, he can continue to play for an NBA team with a much better salary, or he can decide to become a broadcaster. If the player decides to quit basketball, then he will lose more money due to pay raise. That amount of money that he will lose if he decides to become a broadcaster is the opportunity cost of becoming a broadcaster. Since the pay increase raised the player's salary, the opportunity cost of becoming a broadcaster also increases.
Answer:
True
Explanation:
The net cash flow for the year can be calculated using the following equation:
net cash flow = net income + accounts payable - accounts receivable
net cash flow = $29,500 + $5,400 - $2,500 = $32,400
We have to subtract accounts payable since they were included in the net income but the cash has not been received yet.
Answer:
$18.29
Explanation:
Material Conversion
Units transferred to
the next department 7.400 7.400
Ending WIP
Materials 50% 1.900 950
Conversion Cost 35% 1.900 665
Equivalents Units Production 8.350 8.065
Cost of beginning work in process inventory $ 10.600 $ 12.800
Costs added during the period $ 142.100 $ 359.500
TOTAL COST $ 152.700 $ 372.300
Equivalents Units Production 8.350 8.065
Cost per equivalent unit $18,29 $46,16
