Answer:
The expected cash collections of sales in October $91,00
Explanation:
It is assumed that the remaining Percentage of 15% (100%-50%-25%-8%-2%) is received Third month following sale.
Cash Schedule is attached with the answer in an MS Excel file, Please find it.
Answer:
In a perpetual inventory system, the cost of goods is recorded at the time of sale. With a periodic inventory system, it's updated periodically.
After adopting the barter system, it was determined that a simpler form of exchange was required, leading to the choice of a single good that could be freely exchanged for any other good with the consent of the parties.
<h3>What is a barter system?</h3>
In trade, barter (derived from baretor) is an exchange system in which parties engage in direct exchanges of one commodity or service for another without the use of a medium of exchange like money.
Tribes from Mesopotamia are most likely where the bartering system began circa 6000 BC. The Phoenicians observed the procedure and incorporated it into their culture. These prehistoric humans traded goods for the food, tools, and spices they required.
The lack of foreign currency and the imbalance in the trade do not exist under this system. Waste that happens in a monetary economy does not happen in a barter system. since neither an excess nor a shortage of products exists.
To learn more about the barter system refer to:
brainly.com/question/1296806
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Answer:
The expected return is 4% and the standard deviation is 22%.
Explanation:
Since both outcomes are equally likely, the expected value is the mean of both possible outcomes:
The standard deviation for this stock is:
The expected return is 4% and the standard deviation is 22%.
