Answer:
Savings and loan association
Explanation:
Expected value of the purchase of a ticket would be $3.00.
<u>Explanation</u>:
Given,
Raffle ticket costs = $5.00.
The prize = $200.
One hundred tickets are sold = 100 × 5
= $500.00
champ is drawn and given the prize of worth $200.
$500 - $200 = $300
So the normal estimation of the bought ticket = $3.00
The expected estimation of the acquisition of a ticket would be $3.00.
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
Answer:
The value per bond must be $1000
Explanation:
The reason is that the short term investments must be valued at current fair market value which is $1000 per bond today so the perceived value of the unit bond which is $1200 per bond is irrelevant here.
The amount recorded = Number of bonds * Current market value
The amount recorded = 250 * $1000 = $250,000
The cost of goods sold under FIFO is calculated by taking the cost per unit for the first 3,200 units purchased.
<h3>What is
FIFO?</h3>
FIFO is an acronym for first in, first out, a method for organizing the manipulation of a data structure in which the oldest entry, or "head" of the queue, is processed first.
FIFO is based on the natural flow of inventory (oldest products are sold first, with accounting going by those costs first). This simplifies bookkeeping and reduces the possibility of errors. Reduced waste (a company truly following the FIFO method will always be moving out the oldest inventory first).
To calculate FIFO (First-In, First-Out), multiply the cost of your oldest inventory by the amount of inventory sold, whereas to calculate LIFO (Last-In, First-Out), multiply the cost of your most recent inventory by the amount of inventory sold.
To know more about FIFO follow the link:
brainly.com/question/24938626
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