Answer:
the maximum initial cost is 25.62674095 million
Explanation:
The computation of the maximum initial cost of the company is shown below:
But before that the discount rate is
= 0.6 ÷ 1.6 × 4.6% + 1 ÷ 1.6 × 10% + 3%
= 10.9750%
Now Maximum initial cost is
=2.3 ÷ (10.975% - 2%)
= 25.62674095 million
Hence, the maximum initial cost is 25.62674095 million
Answer:
the value of the inventory reported is $280,000
Explanation:
The computation of the inventory reported on the balance sheet is shown below:
As we know that the inventory should be recorded at lower cost of cost or market value. So here the same is applied
= Lower amount of market A + Lower amount of market B + Lower amount of market C
= $91,000 + $61,000 + $128,000
= $280,000
hence, the value of the inventory reported is $280,000
Answer:
Confidence interval for the mean amount = 54+1.645*21/sqrt(16) =(62.64 , 45.36)
Explanation:
confidence interval = mean + z*, where z* is the upper (1-C)/2 critical value for the standard normal distribution.
z score for 90% confidence interval = 1.645
confidence interval for the mean amount = 54+1.645*21/sqrt(16) =(62.64 , 45.36)
