Answer:
$867,832
Explanation:
Calculation for the market value of the shop's equity
Equity Market value = $819,000 + $65,000 + 1.1($319,000) + .96($21,700) + $26,800 − $414,700
Equity Market value =$819,000 + $65,000 + $350,900+$20,832+$26,800 − $414,700
Equity Market value= $867,832
Therefore the market value of the shop's equity will be $867,832
Answer:
A production volume variance
Explanation:
A production volume variance occurs when there is a significant difference between the actual volume of products manufactured and the budgeted or standard volume of production. Therefore, a production volume variance can be harnessed by businesses in order to measure the production cost of products against the budgeted fixed cost.
The production volume variance can be calculated by difference between actual volume of production and the standard volume of production, multiplied by the overhead rate that have been budgeted.
So, when calculating the production volume variance, if the actual volume of production is lower than the budgeted or standard volume of production, then the production volume variance is not favorable.
Answer:
-$ 540
Explanation:
Put Option - provides right to sell share at exercise price on expiry.
As it is an Right not Obligation, Thus, buyer will exercise the right only if he is gaining at expiry and he will gain only if exercise price is higher than spot price at expiry
In this case Exercise Price ($ 35) is lower than the spot price ( $ 36.25) at expiry. Thus he will not execrise the option.
He will lose all what he spend in buying option that is $ 1.35 per share
Thus,
Net profit or loss on this investment = 4 Options * 100 Shares each * Loss of $ 1.35 per Share
Net profit or loss on this investment = 4 * 100 * (-1.35)
Net profit or loss on this investment = -$ 540
Answer:
B). Response bias
D). The interviewer should reword the question.
Explanation:
Response bias is described as the type of bias in which a variety of tendencies are displayed by the respondents to answer the questions asked in the survey inaccurately or misleadingly. These false responses eventually lead to a false or deceiving conclusion. In the given survey, 'response bias' is displayed as the respondents may display a tendency to answer the question falsely as the feeling of 'patriotism' evoked by the word 'patriotic' may prevent their original opinions to come out. Thus, <u>option B</u> is the correct answer to describe the bias in this survey.
In order to prevent this bias, the interviewer must 'reword the question' and remove the word 'patriotic' as it develops the feeling of patriotism in the respondents which mars them from answering accurately and share their true opinions or thoughts in the regards of 'supporting armed forces.' This rewording will help evoke the true and authentic responses without any bias. Thus, <u>option D</u> is the correct answer to remedy the bias.
Answer:
$3,504
Explanation:
Catering supplies = $500 + $76 x j + $14 x m
where,
j = number of jobs in a month
m = number of meals in a month
therefore,
Planning budget for June, use the Actual number of jobs and meals into the formula (Actual Activity).
June Catering supplies = $500 + $76 x 13+ $14 x 144
= $3,504
Conclusion
The catering supplies in the planning budget for June would be closest to $3,504.
