Answer:
a. is weak-form efficient
Explanation:
A weak-form efficient market postulates that the present price of a stock reflects previous all data from past prices.
It suggests that no technical analysis can be of help to the investor.
This implies that fundamental analysis using historical prices and data of a stock can be used to predict stocks that are overpriced or underpriced.
So researching a company's financial statements gives an edge on predicting today's stock price.
Investors can make abnormal profit
The Progress in International Reading Literacy Study (PIRLS)<span>
This is an international study or assessment, conducted by the International Association for the </span>Evaluation of Educational Achievement (IEA), <span>that measures student learning or achievement in reading, particularly of fourth graders. The study includes assessment on the student's attitudes, habits and experiences of the students in reading. They also include in the assessment the school and teacher practices related to the instruction of reading. </span>
Question:
If the first copy cost of a music video is $223,000 and the marginal cost is $0, then how many copies should the firm sell in order to break even if the price was $10 each?
A) 2,230
B) 223,000
C) Zero
D) 22,300
Answer:
The correct answer is B.
Explanation:
Step 1 - Relationship between Marginal Cost and Break Even Price (BEP)
This is given as:
BEP =
Step Two
First compute the denominator
= 1-(0/10)
= 1-0
= 1
Step 3
Therefore BEP = 223,000/1
= <u>$223,000</u>
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Cheers!
Answer:
$52,710
Explanation:
Calculation for allowance for uncollectible accounts credit balance
Using this formula
Allowance for uncollectible accounts credit balance=Estimated gross uncollectible accounts receivable *Accounts receivable
Let plug in the formula
Allowance for uncollectible accounts credit balance=7%* $753,000
Allowance for uncollectible accounts credit balance=$52,710
Therefore After adjustment at December 31, 2020, the allowance for uncollectible accounts should have a credit balance of $52,710
Answer:
$115,269 decrease
Explanation:
Below are the following information given in the question.
Purchase price = $15
Variable cost per unit = $12
Fixed cost per unit = $10. i.e $22-$10
Production in units = 38,423
N.B. As in the above scenario, we will need to factor in the variable cost per unit only in order to determine whether it is convenient to make the part in house or purchase it. Also, we will have to ignore fixed costs because of the fact that it is constant in the option of whether to buy or make part in house.
Therefore,
Option at purchasing/Buying
= $38,423 × $15
= $576,345
Option at making the part in house
= $38,423 × $12
= $461,076
Cost difference is therefore = $115,269 decrease