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3 years ago

Analyzing Finance Workers' Qualities, Skills, and Abilities.

Business

2 answers:

goldfiish [28.3K]3 years ago

8 0

Answer: B, E, F

Explanation: edgen (it won't let me say the full word now) 2021

spayn [35]3 years ago

3 0

A, B, D, E are correct.

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XYZ Corp. has filled 100,000 purchase orders during its existence. 1,100 of the purchase orders have had errors. Using an empiri

cluponka [151]

Answer:

1.1%

Explanation:

Calculation to determine what the probability of the next purchase order having an error is using

an empirical probability

Using this formula

Probability=Purchase orders errors/Purchase orders filled

Let plug in the formula

Probability=1100/100000

Probability=0.011*100

Probability=1.1%

Therefore using an empirical probability the probability of the next purchase order having an error is 1.1%

5 0

3 years ago

Suppose that the risk-free interest rate is 10% per annum with continuous compounding and that the dividend yield on a stock ind

Tasya [4]

Answer:

See Below

Explanation:

We can use the future price formula here, which is:

$F=Pe^{(r_f-d_y)*\frac{n}{12}}$

Where

F is the theoretical future price

P is the present index standing

r_f is the risk free rate

d_y is the dividend yield

n is the number of months of the futures deliverable

Now,

given

P = 395

r_f = 0.1

d_y = 0.03

n = 3

Substituting, we get:

$F=Pe^{(r_f-d_y)*\frac{n}{12}}\\F=(395)e^{(0.1-0.03)*\frac{3}{12}}\\F=(395)e^{0.0175}\\F=401.97$

Actual future price is 404. The index future price is higher. So the strategy would be to sell the futures contracts. Long the shares underlying the index.

4 0

3 years ago

Roberts Corp. reports pretax accounting income of $208,000, but due to a single temporary difference, taxable income is only $15

goblinko [34]

Answer:

The answer is given below;

Explanation:

Temporary Difference $208,000-$154,000=$54,000

Taxable Temporary Difference=$54,000*25%=$13,500

Current Tax Expense =154,000*25%=$38,500

Please note that taxable temporary difference result in deferred tax expense and corresponding effect in deferred tax liability.

Deferred Tax Expense Dr.$13,500

Current Tax Expense Dr.$38,500

Deferred Tax liability Cr.$13,500

Current Tax Liability Cr.$38,500

6 0

4 years ago

On January 1 of the current year, Townsend Co. commenced operations. It operated its plant at 100% of capacity during January. T

Mariulka [41]

Answer:

Income statement using absorption costing.

Sales $756,000

Less Cost of Goods Sold

Opening Stock $0

Total Manufacturing Costs $655,000

Less Closing Stock ($104,800) ($550,200)

Gross Profit $205,800

Less Operating Expenses

Selling and administrative expenses:

Variable $35,000

Fixed $10,500 ($45,500)

Net Income $160,300

Explanation:

The Product cost is the to total of all manufacturing costs.

5 0

3 years ago

Brady, who has ordinary-shaped indifference curves, buys 16 ounces of salt each year. Even when the price of salt doubles, Brady

NNADVOKAT [17]

Answer:

No option is correct, but I believe that one option was not copied appropriately since A and C are the same (although both are wrong).

The correct answer is Salt is an inferior good for Brady since the income effect is negative.

Explanation:

Brady's demand for salt is perfectly inelastic, in other words, his demand curve for salt is vertical since no matter the price, he always purchases the same amount.

Salt is an inferior good for Brady since the income effect is negative. He will continue to buy salt regardless of its price.

5 0

3 years ago