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steposvetlana [31]
3 years ago
8

If Division Inc. expects to sell 200,000 units in the current year, desires ending inventory of 24,000 units, and has 22,000 uni

ts on hand as of the beginning of the year, the budgeted volume of production for the year is 198,000 units.
a) true

b) false
Business
1 answer:
gogolik [260]3 years ago
7 0

Answer:

False

Explanation:

As we know that the Budgeted Production units can be calculated as under:

Budgeted Production Units = Sales Unit + Closing Units - Opening

Budgeted Production Units  = 200,000 + 24,000 - 22,000

Budgeted Production Units = 202,000 Units

So saying that the budgeted production units for the year were 198,000 units is totally incorrect.

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A one-year call option contract on Cheesy Poofs Co. stock sells for $1,330. In one year, the stock will be worth $65 or $86 per
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Answer:

$98.02

Explanation:

Data provided in the question:

Value of contract = $1,330

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Minimum value = $65

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Now,

Current value of stock = (\frac{\text{Maximum value-Minimum value}}{\text{Maximum value-Exercise price}}\times\text{Call price})+(\frac{\text{Maximum value }}{\text{1+Risk-free rate}})

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3 years ago
During the month of February, Rubio Services had cash receipts of $7,900 and cash disbursements of $9,400. The February 28 cash
Nana76 [90]

Answer:

The begining cash balance = $4100

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Begining Cash balance = Ending cash balance + cash disbursements - cash receipts

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Begining Cash balance = $2600 + $9400 - $7900

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