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Charra [1.4K]
3 years ago
15

g On June 30, the value of the account is 157.50. On December 31, the value of the account is X. Using the time weighted method,

the equivalent annual effective yield during the first 6 months is equal to the (time-weighted) annual effective yield during the entire 1-year period. Calculate X

Business
1 answer:
irga5000 [103]3 years ago
4 0

Answer:

236.23

Explanation:

The computation of X is shown below:-

As per the time-weighted method

The 6-month yield

= (40 ÷ 50) × (80 ÷ 60) × (157.50 ÷ 160) - 1

= 5%

Annual equivalent = (1.05)^2 - 1

= 10.25%

1 - year yield = (40 ÷ 50) × (80 ÷ 60) × (175 ÷ 160) × (X ÷ 250) - 1

= 0.1025

X(0.004667) = 1.1025

X = 236.23

Therefore on December 31st the value of account of X = 236.25

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Who want to rent a boat? 8 person

Explanation:

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Average  150 pound /person    

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1500-200=150x +10x

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8 0
3 years ago
a company has established 5 pounds of material j at $2 per pound as the standard for the material in its product z. the company
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Answer:

direct materials quantity variance = 520 Favourable

Explanation:

given data

material = $2 per pound

produced = 1,000 units

Actual Quantity of Material = 5200

cost = $9,880

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direct materials quantity variance

solution

we get here Material Price Variance that is express as

direct materials quantity variance = ( Standard Cost - Actual Cost) Actual Quantity of Material   .......................1

put here value we get

direct materials quantity variance = 2-   \frac{9880}{5200} × 5200

direct materials quantity variance = 520 Favourable

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3 years ago
Olive Maccones dies without a will. She has three sons and seven grandchildren. She owned a substantial amount of property. What
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Answer:

The property will be transferred according to the Statute of Descent and Distribution.

Explanation:

Intestacy is the situation where a person dies without leaving a will for the sharing of his estate.

When this happens the descent and distribution statute comes into play.

The heirs or next of kin are beneficiaries to the estate. Heirs can be be blood relatives, adopted children, adopted parent, or surviving spouse.

The line of descent is the order of beneficiaries that are from an ancestor. The line of descent can be direct such as sons, or collateral such as cousins.

In this case where Olive Maccones dies without a will and she has three sons and seven grandchildren, her estate will be distributed by a court based on the line of descent of her sons and grandchildren.

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