Answer:
Option (d) $5,000,000
Explanation:
Data provided in the question:
Reported revenues = $50,000,000
Operating expenses = $47,000,000
Net income = $3,000,000
Payroll costs included in the operating expenses = $15,000,000
Combined identifiable assets of all industry segments = $40,000,000
Now,
If the revenue derived from sales to any single customer is 10% or more of the revenue of an enterprise then the amount of revenue from each customer shall be disclosed.
Therefore,
Grum should disclose major customer data if
sales to any single customer amount at least = 10% of Reported revenues
= 10% of $50,000,000
= $5,000,000
Option (d) $5,000,000
Answer:
A) Positive, because higher prices yield larger quantities supplied.
Explanation:
The correct answer to the question is A) Positive, because higher prices yield larger quantities supplied. The price elasticity of supply determines the change in price as a response to the change in supply of the good or service supplied. This is usually calculated in a figure that determines that if price increases what will be the impact on its supply, which usually is a positive figure.
Niche marketing - It is also known as target marketing. Niche marketing is the process of finding clients who may be interested in your product. In this way, niche marketing is different from other forms of marketing in that its target group is a specific, narrower sector of the market .
Answer:
The expected return on the portfolio is:
10.31% ($3,331.40)
Explanation:
a) Data and Calculations:
Portfolio investments: Expected Returns % Expected Returns $
Stock M = $13,400 8.50% $1,139
Stock N = $18,900 11.60% $2,192.40
Total $32,300 10.31% $3,331.40
Total expected returns in percentage is Expected Returns $/Total Investments * 100
= $3,331.40/$32,300 * 100
= 10.31%
b) The expected returns on the portfolio is derived by calculating the expected returns for each investment and summing up. Then dividing the expected portfolio returns by the portfolio investment. This yields 10.31% percentage value.
Answer: 2.09
Explanation:
Given the following ;
Strike price (K) = $50
Price (c) = $6
Rate (r) = 6% = 0.06
Stock price (So) = $51
Time (T) = 1
Recall, relation for a put-call parity(p) is given by:
p + So = c + Ke^-(rT)
p = c + [Ke^-(rT)] - So
p = 6 + [50e^-(0.06 × 1)] - 51
p = 6 + [50×e^-0.06] - 51
p = 6 + (50 × 0.9417645) - 51
p = 6 + 47.0882267 - 51
p = 53.0882267 - 51
p = 2.0882267
p = 2.09
