Answer:
Financial markets have the ultimate purpose of:
C. Bringing several parties together in order to engage in buying, selling, and trading activity of financial assets
Explanation:
A financial market is a platform that brings several parties together in order to engage in buying, selling , and trading activity of financial assets. It generally offers an opportunity to investors in financial assets to either buy or sell the assets. Some examples of financial assets include; securities, bonds, stocks, and currency.
In capitalistic economies where there is high competition, the access of financial assets play a major role in ensuring that such economies run smoothly. Financial markets make it is for companies to trade their financial assets in an easy and fast manner. It also provides more accessibility to borrowers and also give an opportunity to the lenders to earn some interest on their money.
Financial markets involve the buying and selling of various financial assets and thus there is need for transparency to ensure that the market prices are fair. The information about the prices need to be clear and appropriate to protect investors.
Answer:
a. Must have a good faith belief that the tax return position will be accepted by the IRS.
Explanation:
Certified Public Accountant (CPA) is a term used to refer to the state title of approved accountants in the Uniform Certified Public Accountant Examination. The CPA allows these professionals to issue opinion statements in financial reports, following a few rules. For example, the Tax Services Standards Statement No. 1 states that a basic principle of the provision of tax services that the CPA has is to have a good faith belief that the tax return position will be accepted by the IRS.
Answer:
Company Save $37000 by Buying
Explanation:
given data
make component part = 100 units
Direct Materials = $122000
Direct Labor = 34000
Variable Overhead = 55000
Fixed Overhead = 30000
purchase the component = $200000
fixed costs = $4000
to find out
make or buy decision
solution
first we find here Total Cost for Making component part
total cost = Direct Materials + Direct Labor + Variable Overhead + Fixed Overhead ..............1
put here value
total cost for make = $122000 + 34000 + 55000 + 30000
total cost for make = $241000
and
now we find here Total Cost for buying component part
total cost = Purchase Price + fixed costs ............2
put here value we get
total cost for buying = $200000 + $4000
total cost for buying = $204000
so
we can say Company Save = $241000 - $204000 = $37000 by Buying
Answer: The standard deviation of the stock is 3.23 percentage
Explanation:
First we shall calculate the epected weighted average return of the stock.
We shall multiply the probability of the scenario with its expected return and then take the sum of the expected returns of different scenarios,
E(x) = (0.2 x 14%) + (0.7 x 8%) + (0.1 x 2%)
E(x) = 8.6%
We shall use the follwing formula to calculate the Variance of the stock,
σ²(x) = ∑ P(
) × [ - E(r)]²
σ²(x) = (0.2) (0.14 - 0.086)² + (0.7) (0.08 - 0.086)² + (0.1) (0.02 - 0.086)²
σ²(x) = 0.001044
To find the standar deviation,
σ(x) = 
σ(x) = 0.0323109
in percentage it would be 3.23%
Answer:
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