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timama [110]
3 years ago
10

Aria Perfume, Inc., sold 3,820 boxes of white musk soap during January of 2016 at the price of $120 per box. The company offers

a full refund for any product returned within 30 days from the date of purchase. Based on historical experience, Aria expects that 2% of sales will be returned.
How many performance obligations are in the contract?

How much January Revenue?
Business
1 answer:
Naily [24]3 years ago
5 0

Answer:

(A) 2 obligations

(B) Sales revenue for January: 449,232 dollars

Accounts receivales   449.232‬ debit

          Sales revenues                  449.232‬ credit

Explanation:

(A) there is two performance obligations

one is two deliver the musk soap

and the other is the warranty on the soap

nominal: 3,820 musk soap x $ 120 per unit = $ 458,400

less warranty of 2% 458,400 (1 - 0.02) = $449,232‬

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Explanation:

Stock B has a standard deviation of 14%. The portfolio contains 40% of stock A, the portfolio contains 60% of stock B, and the correlation coefficient between the two stocks is -.23. A. 9.7% B. 12.2% C. 14% ... The standard deviation of return on investment A is .10, while the standard deviation of return on investment B is .05.

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3 years ago
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I believe that you forgot the options, but i think i know them.

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3 years ago
Sanders, Inc., paid a $3 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo
jolli1 [7]

Answer:

$32.20

Explanation:

The computation of the value of the stock is shown below:

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= $3 × (1 + 5.20%) ÷  (15% - 5.20%)

= $32.20

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3 years ago
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Explanation:

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