A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.
Below, this is further discussed.
<h3>Financial statements: What are they?</h3>
Financial statements, in general, are official records of the financial activity and condition of a company, an individual, or another organization. Structured and simple-to-comprehend presentations of pertinent financial data are made.
In summary, Selecting a base year and then expressing each item according to that sum is a helpful method for standardizing financial reporting.
Explore more about Financial statements
brainly.com/question/14951563
#SPJ1
A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 percent. 0.75 is the stock's beta.
Calculate the beta for stock using the CAPM approach as follows:
Cost of common stock = Risk-free rate + Beta × Market risk premium
13% 7% + Beta x8%
13% 7% Beta × 8%
6% = Beta x8%
6% 8% Beta = =
=0.75
Therefore, the beta for stock using the CAPM approach is 0.75.
Market risk is the potential for loss to individuals or other companies as a result of factors that affect the overall performance of an investment in financial markets.
Learn more about market risk at
brainly.com/question/25821437
#SPJ4
Answer:
A. $ 1.800
Explanation:
The total manufacturing costs for the period are:
Raw materials $ 3,000
Labor $ 4.000
Overhead costs <u>$ 2,000</u>
Total cost of goods manufactured <u>$ 9,000</u>
Units started and completed 10,000
Cost per unit $ 9,000 / 10,000 units $ 0.90 per unit
Units inventory at end of period 2,000
Inventory value at period end $ 0.90 * 2,000 = $ 1,800
In the game of economics, workers play a double role, functioning as both consumers and producers. The workers role is unique in the game of economics since they are directly involved. They are the ones who will manufacture, market, sell the products in an economy.
