Answer:
Step-by-step po:
3 Median = Mode + 2 Mean
Given: Mean = 30 / Mode = 40
Now: 3 Median = Mode + 2 Mean
=> 3 Median = 40 + 2 (30)
=> 3 Median = 40 + 60
=> 3 Median = 100
=> Median = 100/3
=> Median = 33.3
Explanation:
Answer:
C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.
Explanation:
given data
State 1 State 2 State 3
Probability 25% 50% 25%
Spot rate $ 2.50 /£ $ 2.00 /£ $ 1.60 /£
P* £ 1,800 £ 2,250 £ 2,812.50
P $4,500 $4,500 $4,500
solution
company holds portfolio in pound. so to get hedge, they will sell that of the same amount.
we get here average value of the portfolio that is
The average value of the portfolio = £ (0.25*1800 + 0.5*2250 + 0.25*2812.5)
The average value of the portfolio = 2278.13
so correct option is C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.
Answer: (A) Market maturity
Explanation:
The market maturity is one of the stage in the product life cycle where is basically refers to the sales growth where the product sales growth get increased and then suddenly get slows down.
The market maturity stage is basically known as the longest stage in the product life cycle. In this life cycle stage the organization reaches to the highest level during the demand cycle.
Therefore, Option (A) is correct.
Answer:
c.
Bad Debts Expense 22,000
Allowance for Doubtful Accounts 22,000
Explanation:
Haven uses the percentage of sales method for recording bad debts expense. Under this method bad debts expense is calculated as percentage of credit sales of the period. Cash sales are ignored. Bad debts expense is calculated by the formula:
Bad Debts Expense = Estimated % × Credit Sales
= 1% x $2,200,000 = $22,000
The company will make adjusting entry below:
Debit Bad Debts Expense $22,000
Credit Allowance for Doubtful Accounts $22,000
Answer:
total operating expense is $32726
Explanation:
Given data
Sales = $100,000
Purchases of Merchandise = $95,000
Depreciation in Accounting Department = $2378
Insurance = $11314
Payroll expenses = $5234 + 2% sales = 5234 + 2000 = $7234
Administrative office expenses = 4% of purchases of merchandise = 0.04×95000 = $3800
Research and Development = 8% of sales = 0.08×100000 = $8000
Purchase of equipment = $4650
to find out
total operating expense for June
solution
we will find total operation expense that will be equal to sum of depreciation, insurance , payroll expenses and admin and Research and Development expenses
so
we know
total operating expense for June = Depreciation + Insurance + Payroll expense + Administrative office expenses + Research and Development expense
total operating expense =2378 + 11314 + 7234 + 3800 + 8000
total operating expense is $32726