Answer:
1. -2.2% 2. 40.6%
Explanation:
95%probability range =0.192±(2*.0107)=-2.2% to 40.6%
With the use of tables, we can work out above figures
95% given in question
Standard deviation given 10.7%
Average return=19.2%
Answer:
a. debit to Paid-In Capital From Treasury Stock of $155,000
Explanation:
Treasury Stock purchase 25,000 shares = $762,500
Per share value = $762,500/25,000 shares
Per share value = $30.5
Selling price of 10,000 treasury stock = $15 × 10,000 = $150,000
Purchase price of 10,000 treasury stock = $30.5 × 10,000 = $305,000
The deference between sales and purchase of treasury stock = $155,000
Therefore, option A is the answer because paid-In Capital From Treasury Stock becomes a debit due to selling the stock in low price.
American Marketing Association recognizes the term advertising as – any paid form of non- personal presentation and promotion of ideas, goods and services by an identified sponsor. ... Advertising is a non-personal form of communication because it uses mass media forms.
Answer:
Predetermined manufacturing overhead rate= $50 per machine-hour
Explanation:
Giving the following information:
Estimated overhead costs= $3,400,000 for indirect labor
Estimated overhead costs= $850,000 for factory utilities.
85,000 machine hours are planned for this next year
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (3,400,000 + 850,000) / 85,000
Predetermined manufacturing overhead rate= $50 per machine-hour
