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Inessa [10]
2 years ago
15

If the economy is normal, Charleston Freight stock is expected to return 16.5%. If the economy falls into a recession, the stock

's return is projected at a negative 11.6%. The probability of a normal economy is 80% while the probability of a recession is 20%. What is the variance of the returns on this stock?
Business
1 answer:
Vinil7 [7]2 years ago
6 0

Answer:

The Mean return = 0.8*16.5% + 0.2*-11.6%

The Mean return = 0.132 + (-0.0232)

The Mean return = 0.132 - 0.0232

The Mean return = 0.1088

The Mean return = 10.88%

Variance = 0.8*(16.5%-10.88%)^2 + 0.2*(-11.6%-10.88%)^2

Variance = 0.8*(5.62%)^2 + 0.2*(-0.72%)^2

Variance = 0.012634

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Yo-Down Inc. produces yogurt. Information related to the company’s yogurt production follows:
kap26 [50]

Answer:

Yo.Down Inc.

Determination of Support Department 1 costs to be allocated to each production department:

                                      Production        Production         Production

                                      Department 1    Department 2   Department 3

Support Department 1    $96,000            $6,000           $18,000

Explanation:

a) Cost allocation of Support Department 1:

1) Rate of allocation = Total Support Department 1's costs divided by the total of the cost drivers

= $120,000/2000 = $60 per cost driver

2) Production Department 1 = $60 x 1,600 = $96,000

Production Department 2 = $60 x 100 = $6,000

Production Department 3 = $60 x 300 = $18,000

3) The direct method is one of the three methods for allocating support or service department costs to the production departments in order to ensure the full inclusion of overhead costs in the production costs.  As the name goes, the costs of service departments are allocated to only production departments individually.  This method is not like the step method of cost allocation where the costs of service departments are allocated to other service departments, starting with the department with the highest costs, followed by the next, until all the costs of service departments are allocated to production.  However, no service department whose total costs have been allocated will be allocated any costs.  The last method of cost allocation is the reciprocal method, which is a more complicated method that produces more accurate results, by using equations to establish relationships between the departments.

3 0
3 years ago
Lately, there have been several complaints about evan's work performance. he has arrived late, his uniform is stained and wrinkl
Bingel [31]
The answer is company’s rules and policies. These two form the instructions of behavior in an organization, outlining the duties of both employees and employers. Company policies and rules are prepared to guard the rights of workers as well as the commercial interests of managers. Contingent on the needs of the organization, various policies and procedures create rules concerning employee conduct, dress code, attendance, confidentiality and other extents associated to the terms and situations of work.
7 0
3 years ago
Read 2 more answers
Write down any four techniques that you can practice to become an effective listener.
klemol [59]
For techniques that you can practice to become an efficient listener or listening with all ears paying attention giving feedback and observing your anatomy is of listening.
8 0
2 years ago
Read 2 more answers
Fedor, Inc. has prepared the following direct materials purchases​ budget: Month Budgeted DM Purchases June $ 69 comma 000 July
cricket20 [7]

Answer:

C) $77,090

Explanation:

June 69000 (40% in July, 50% in AUgust)

July 80000 (40% in August, 50% in Sepetember)

August 77500 (40% in September, 50% in October)

September 77900 (40% in October)

October 71800 (10% in October)

Total budgeted cash payments in October = 71,800 x 10% + 77,900 x 40% + 77,500 x 50% = 77,090

6 0
3 years ago
Your review of the ledger reveals that each account has a normal balance. You also discover the following errors. 1. The totals
Oksi-84 [34.3K]

Answer:

Debit side $29,660

Credit side $29,660

Explanation:

Preparation of a correct trial balance

DOMINIC COMPANY

Corrected Trial Balance May 31, 2015

DEBIT SIDE

Cash $5,023

($5,050 +$450 - $477)

($530-$53=$477)

Accounts Receivable $2,030

($2,570 - $540)

Prepaid Insurance $930

($830 + $100)

Supplies $450

Equipment $12,750

($13,200 - $450)

Salaries and Wages Expense $4,530

($4,330 + $200)

Advertising Expense $1,447

($970 + $477)

($530-$53=$477)

Utilities Expense $900

($800 + $100)

Dividends $1,600

TOTAL $29,660

CREDIT SIDE

Accounts Payable $5,510

($5,700 - $100 + $450 - $540)

Unearned Service Revenue $690

Common Stock $14,500

($12,900 + $1,600)

Service Revenue $8,960

TOTAL $29,660

Therefore the CORRECTED TRIAL BALANCE will be:

Debit side $29,660

Credit side $29,660

6 0
2 years ago
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