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3 years ago

Making monthly payments for a vehicle for a specific period time, after which

Business

1 answer:

PolarNik [594]3 years ago

6 0

C. car financing because it’s something you pay monthly

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Jewelry Company has a sales budget for next month of $450,000. Cost of goods sold is expected to be 45 percent of sales. All goo

lukranit [14]

Answer:

The cost of goods sold for next month is expected to be $202,500

Explanation:

Given that,

Sales budget = $450,000

Cost of Good sold = 45% of sales

Opening inventory = $20,000

Ending inventory = $24,000

Beginning accounts payable = $206,500

Since, in the given question, it is mentioned that the cost of good sold is 45% of sales.

So,

Cost of Goods Sold (COGS) = 0.45 × $450,000

= $202,500

Hence, the cost of goods sold for next month is expected to be $202,500

Note: we don't considered other things which is mentioned in the question.

7 0

3 years ago

The ___ function returns the year portion of the data/time available

Anit [1.1K]

Answer:

The Excel YEAR function returns the year component of a date as a 4-digit number.

Explanation:

6 0

4 years ago

Assume the risk-free rate is 3%. Calculate the stock's expected return, standard deviation, coefficient of variation, and Sharpe

Fed [463]

Answer and Explanation:

a) Expected Return = P1 * X1 + P2 * X2 + .... Pn * Xn

Expected Return = (0.1 * -40%) + (0.1 * -14%) + (0.3 * 14%) + (0.4 * 39%)+ (0.1 * 59%)

Expected Return = -4% - 1.4% + 4.2% + 15.6% + 5.90% = 20.30% --> Answer

b) Standard deviation is square root of probability weighted squared deviations of individual values from expected values.

Std deviation = 27.98%

c) Coefficient of Variayion = Standard deviation/Expected return = 27.98%/20.30% = 1.38

d) Sharpe' Ratio = (Expected return - Rsik free rate)/Std deviation = (20.3% - 3%)/27.98% = 0.62

8 0

4 years ago

David and lilly fernandez have determined their tax liability on their joint tax return to be $2,000. they have made prepayments

Volgvan

<span>Start with $2,000 in taxes owed subtract $775 for prepayments to get $1,225 in taxes still owed. Subtract another $2,000 for the child tax credit, resulting in a negative liability of $775. This equates a tax refund of $775.</span>

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3 years ago

The area of accounting aimed at serving the decision-making needs of internal users is: Group of answer choices External auditin

Anon25 [30]

Answer:

Managerial accounting

Explanation:

Managerial accounting can be regarded as accounting practice involving identification as well as measurement and interpretation of financial information and communication of it to managers so that it can be used to achieve organization's goals. It should be noted that the The area of accounting aimed at serving the decision-making needs of internal users is Managerial accounting

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3 years ago