It is true that reading the abstract of an article give you enough information about its contents. The abstract is the summary of the article that describes the content of the article, the scope, <span>objective,methodology and findings, and finally conclusions</span>. Abstracts are useful for initially evaluating a resource's usefulness.
Answer:
Total= $292,520
Explanation:
Giving the following information:
Zhang Industries sells a product for $750. Unit sales for May were 400 and each month's sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $4,000 and a commission of 2% of sales in dollars. Assume 30% of Zhang's sales are for cash. The remaining 70% are credit sales; these customers pay in the month following the sale.
Cash budget for June:
Sales= [(400*1.03)*750]*0.3= 92,700
Sales from May= (400*750)*0.7= 210,000
Salary= (4,000)
Commision= [(400*1.03)*750]*0.02= (6,180)
Total= $292,520
Answer: covariance matrix is
(0.00090 0.00042)
(0.00042 0.00160)
Mean of weekly return = 0.00119
Standard deviation = 0.0279
VaR(0.05) = $1450.73
Explanation:
> S1 = 200*100
> S2 = 100*125
> w1 = S1/(S1+S2)
> w2 = 1 - w1
> w = c(w1,w2)
> means = c(0.001, 0.0015)
> sd = c(0.03, 0.04)
> rho = 0.35
> multiply = w %*%
means> round(mutiply by 5)=0.00119
> cov = matrix(c(sd^2, sd[1]*sd[2]*rho,sd[1]*sd[2]*rho,sd[2]^2),nrow=2) = 0.00090, 0.00042, 0.00042, 0.00160
> sdp = sqrt( w %*% cov %*% w )> round(sdp,4)=0.0279
> VaR = -(S1+S2)*(mup+sdp*qnorm(.05))
=1450.73
<span>Excess supply decreases the number of potential sellers and increases the number of potential buyers. This situation will continue until an equilibrium is reached where the number of buyers will be roughly the same as the number of sellers. The price will continue to fall until a clearing of the market results in a steady state.</span>
