Answer:
a. $90,000 favorable
Explanation:
Calculation for what The selling price variance for Product Y is
First step is to calculate the Actual price
Actual price:M=$540,000 ÷ 9,000
Actual price= $60
Now let calculate the selling price variance
Selling price variance=($60 - $50) × 9,000
Selling price variance=$10×9,000
Selling price variance=$90,000 favorable
Therefore The selling price variance for Product Y is $90,000 favorable
Streaming services and TV sets: complements
Streaming services and movie tickets: substitutes
TV sets and movie tickets: substitutes
Answer:
negatively correlated
Explanation:
Variables are negatively correlated if an increase in one variable causes a decrease in the other variable. Negative correlation usually has a value of -1.
The psychologists found that rich people are less satisfied with their jobs compared to poor people, so as one's wealth increases, job satisfaction decreases. This shows that wealth and job sanctification are negatively correlated.
Variables are positively correlated if an increase in one variable causes a increase in the other variable. Negative correlation usually has a value of +1.
If wealth and job satisfaction were positively correlated, rich people would have more job satisfaction when compared to poor people
Answer:
gross profit ratio = gross profit / net sales = $1,126,000 / $3,086,000 = 36.49%
return on assets = net income / total assets = $139,000 / $946,000 = 14.69%
profit margin = net income / net sales = $139,000 / $3,086,000 = 4.5%
asset turnover = net sales / average total assets = $3,086,000 / [($946,000 + $794,200) / 2] = 3.55 times
return on equity = net income / shareholders' equity = $139,000 / $547,000 = 25.41%
price earnings ratio = current sock price / earnings per share = $28.30 / $1.40 = 20.21 times
Answer: Depreciate
Explanation:
The Economist is a widely respected financial and economic magazine which means that their articles can cause movements in the market especially when backed up by analysts.
The Economist believes that the Tunisian Dinar will rise relative to the Peruvian Sol, this means that the Peruvian Sol will depreciate against the Tunisian Diner. Some people and entities holding Peruvian Sol assets will try to offload it so that they do not suffer losses.
This increase in supply and reduction in demand for the Peruvian Sol will lead to it depreciating.