Answer:
It explicitly incorporates uncertainty in one or more input variables.
Explanation:
In simulation analysis we perform 1000's of calculations assigning risk of uncertainty to multiple input variables, as with increased data set the variable tend to increase.
This technique is generally used, for project management and further, decision making in many streams.
Under this probability of different results in the form of outcomes are evaluated.
Therefore, the correct statement is b.
Answer:
Unadjusted Trial Balance of Smart Touch Learning is presented below in explanation section with a total of $66,000 in Debit and Credit Side.
Solution in Excel is also attached for your reference
Explanation:
Smart Touch Learning
Un-adjusted Trial Balance for the year ended 31 December, 2016
Account Debit Credit
<u>Assets</u>
Furniture (Debit) $12,400
Accounts Receivable (Debit) $600
Cash (Debit) $43,410
Prepaid Insurance (Debit) $1,900
<u>Liabilities</u>
Unearned Revenue (Credit) $3,700
<u>Common Stock</u>
Common Stock (Credit) $39,100
<u>Dividends</u>
Dividends (Debit) $3,600
<u>Revenues</u>
Service Revenue (Credit) $23,200
<u>Expenses</u>
Office Supplies (Debit) $510
Rent Expense (Debit) $1,200
Salaries Expense (Debit) $2,000
Utilities Expense (Debit) $380
Total $66,000 $66,000
Answer:
portfolio's standard deviation = 6.18%
Explanation:
we must first determine the expected returns for each stock:
stock A = (0.15 x 31%) + (0.6 x 16%) + (0.2 x -3%) + (0.05 x -11%) = 13.1%
stock B = (0.15 x 41%) + (0.6 x 12%) + (0.2 x -6%) + (0.05 x -16%) = 11.35%
stock C = (0.15 x 21%) + (0.6 x 10%) + (0.2 x -4%) + (0.05 x -8%) = 7.95%
then we must determine the variance of each stock's return:
stock A = {[0.15 x (31 - 13.1)²] + [0.6 x (16 - 13.1)²] + [0.2 x (-3- 13.1)²] + [0.05 x (-11 - 13.1)²]} / 4 = (48.0615 + 5.046 + 51.842 + 29.0405) / 4 = 33.4975
stock B = {[0.15 x (41 - 11.35)²] + [0.6 x (12 - 11.35)²] + [0.2 x (-6- 11.35)²] + [0.05 x (-16 - 11.35)²]} / 4 = (131.868375 + 0.2535 + 60.2045 + 37.401125) / 4 = 57.4219
stock C = {[0.15 x (21 - 7.95)²] + [0.6 x (10 - 7.95)²] + [0.2 x (-4- 7.95)²] + [0.05 x (-8 - 7.95)²]} / 4 = (25.545375 + 2.5215 + 28.5605 + 12.720125) / 4 = 17.3369
portfolio's variance = (0.3 x 33.4975) + (0.4 x 57.4219) + (0.3 x 17.3369) = 38.21908
portfolio's standard deviation = √38.21908 = 6.18%
You do not meet NMSC's requirements
Answer:
Ending Inventory $ 3540
Explanation:
FIFO means first in first out. This rule applies to counting of the inventory in such a way that the units first purchased are sold out first. The following schedule has been prepared to arrive at the ending inventory at each date of sale .
Purchases Sales Ending Inventory
January: 10 units at $120 6 units 4 units at $120
February: 20 units at $125 5 units 19 units at $125
May: 15 units at $130 9 units 10 units at $125
15 units at $130
September: 12 units at $135 8 units 2 units at $125
15 units at $130
12 units at $135
November: 10 units at $140 13 units 4 units at $130
12 units at $135
10 units at $140
On December 31, there were 26 units remaining in ending inventory
Ending Inventory = $ 3540= $ 520 + $1620 + $1400
4 units at $130 = $ 520
12 units at $135 = $ 1620
10 units at $140= $ 1400
