Answer: -3.38%
Explanation:
The percentage change in productivity over the past years will be calculated thus:
The Productivity will be the total packages handled divided by the number of drivers employed.
Last year Productivity will be:
= 103600/83
= 1248.19 packages per driver
This year Productivity will be:
= 112160/93
= 1206.02 packages per driver
Therefore, the percentage change in productivity = (This year Productivity - Last year Productivity) / (Last year Productivity) ×100
= [(1206.02-1248.19) / (1248.19)] × 100
= -42.17/1248.19 × 100
= -3.38%
Answer:
$72,996.20
Explanation:
PV=X(1+i)^n
i=8/100 = 0.08
X=$46,00
n=6
PV=46000 ( 1 + 0.08)^6
Pv=46000(1.08)^6
Pv=46000(1.586874)
Pv=72996.204
Pv=$72996.20
The present value of $46000 invested for six years at 8% is $72,996.20
Answer:
a. Fair Value Adjustment 28,000 Unrealized Holding Gain or Loss-Income 28,000
Explanation:
The journal entry is as follows
On December 31, 2018
Fair Value Adjustment A/c Dr
To Unrealized Holding Gain or Loss-Income A/c
(Being the unrealized holding gain or loss is recorded)
The computation is shown below:
= Valued of an equity portfolio - cost - debit balance of securities fair value
= $160,000 - $132,000 - $8,000
= $20,000
We are given the statement above. I think we are supposed to determine if the statement is true or false. If this is the case, then the answer is TRUE. The diversifiable risk can be lowered if there are more stocks added to the portfolio. The nature of the diversifiable risk is that the less the stocks in each portfolio, the greater the risk.
Answer:
Correct option is D.
Explanation:
An opportunity cost is <u>the potential benefit that may be obtained by following an alternative course of action.</u>
