Answer:
Baker Industries
The Cost of goods sold for the period is:
= $330,000
Explanation:
a) Data and Calculations:
Cost of goods manufactured $ 320,000
Beginning finished goods inventory 45,000
Ending finished goods inventory 35,000
Cost of goods sold:
Beginning finished goods inventory $45,000
Cost of goods manufactured 320,000
Ending finished goods inventory (35,000)
Cost of goods sold = $330,000
1)The price from the electronics from China goes up
2)People might start buying domestically made electronics because of cheaper prices.
A is correct, sales tax is the same for everybody in a state, no matter the income. Hope this helps!
Answer:
Explanation:
Expected return of the portfolio is weighted average of the return of the components.
E(R) = w1 * R1 + w2 * R2
E(R) = 65% * 18% + 35% * 6%
E(R) = 11.70% + 2.10%
Expected Return, E(R) = 13.80%
Standard deviation of portfolio is mathematically represented as:

where
w1 = the proportion of the portfolio invested in Asset 1
w2 = the proportion of the portfolio invested in Asset 2
σ1 = Asset 1 standard deviation of return
σ2 = Asset 2 standard deviation of return
For risk free money market fund, standard deviation = 0 and its correlation with risky portfolio = 0

Standard deviation = 19.50%
Answer: Jack Corp's D/E ratio is 0.67.
We follow these steps to arrive at the answer:
We begin with the DuPont Identity for Return on Equity (RoE)

Substituting the values from the question in the DuPont identity we get,



So,

Substituting the value of equity multiplier in the formula above we get,

Now,

So,



Now that we have the proportions of debt and equity to total assets, we can find the Debt Equity (D/E) ratio as follows:

Substituting the values we get,

