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Taya2010 [7]
3 years ago
7

Jones Retail. had the following balances and transactions during 2017:

Business
1 answer:
Elina [12.6K]3 years ago
7 0

Answer:

B $1,625

Explanation:

The computation of the ending inventory based on the lower-of-cost-or-market value is shown below:

The ending inventory units = Beginning inventory + purchase of inventory - selling units

= 15 units + 35 units - 25 units

= 25 units

So, the cost of ending inventory = ending inventory units × purchase price

= 25 units × $84

= $2,100

And, the market value equal to

= ending inventory units × replacement cost

= 25 units × $65

= $1,625

Based on the lower-of-cost-or-market value, the ending inventory would be $1,625

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Investors expect the market rate of return this year to be 14.50%. The expected rate of return on a stock with a beta of 1.2 is
sesenic [268]

Answer:

14.52%

Explanation:

The computation of the rate of return on the stock is shown below:-

The expected rate of return on the stock = Beta × (Rate of return - Market rate of return)

= 1.2 × (0.121 - 0.145)

= - 2.88%

So, the expected rate of return on the stock = Current percentage - expected rate of return on the stock

= 0.174 - 0.0288

= 14.52%

Therefore we simply applied the above formulas

4 0
3 years ago
"how would the distribution of income change if social security were privatized?"
Vanyuwa [196]
To make Social Security to private it would imply that it is never again an ensured framework that Americans can rely upon. Rather, it would be more similar to a benefits program, and many annuity programs have finished on the grounds that privately owned businesses have discovered them too expensive. It isn't justified regardless of the danger of such a vital program finishing or being scaled back. Individuals are extremely not going to put something aside for there retirement money..that why we have this program so when we resign we can securely realize that we have cash.
4 0
3 years ago
1. Do you believe that training is a necessity in the implementation of new policies? Please support your answers.
professor190 [17]

Answer: (1) Training is necessary in the implementation of a new policy

(I) To orient and enlightening the people

(II) To enhance its implementation

(III) To promote cordial actions.

(2) Background checks are important to

(I) To determine the possible threats.

(II) To understand the nature of threats and how best to mitigate them.

(III) To help the Management know what kind of information security structure or system to implement.

(2B) Information security help to serve the following

(I) To prevent hacking and other possible threats

(II) To prevent Information leaks

(III) To promote secrecy.

(3) What can happen if Management does not enforce the policies that are put in place?

(I) The business will experience huge looses due to hackers

(II) The Business will be prone to internet fraud.

(III) Frequent Information leaks.

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Most organisations have different strategies for implementing Information security, Information security is vital to the success of any business.

8 0
3 years ago
3. The last dividend paid by New Technologies was an annual dividend of $1.40 a share. Dividends for the next 3 years will be in
Nookie1986 [14]

Answer:

$12.60

Explanation:

The computation of the current value of the stock is shown below:-

= $1.40 × (1.08) ÷ 1.16 + 1.40 × (1.08)^2 ÷ (1.16)^2 + 1.40 × (1.08)^3 ÷ (1.16)^3 + 1.40 × (1.08)^3 × (1.03) ÷ (0.16 - 0.03) × (1.16)^3

= $1.3034 + $1.2136 + $1.1299 + $8.9520

= $12.60

Therefore for computing the current value of stock we simply solved the above equation.

7 0
2 years ago
Last year, Sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. Calculate sams operating expens
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The answer is B. You subtract the profit and income and you should get 33,345.
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3 years ago
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