Answer:
C and D
Explanation:
In preparing a static budget, managers use predicted values for inputs and outputs. The anticipated prices are adopted at the beginning of the accounting period. A static budget is a forecast of the expected revenues and expenses of an organization over a specified period. The prices used in a static budget remain unchanged regardless of market fluctuations. Static budgets are also called fixed budgets
At the end of a period, the actual numbers realized may be quite different from the figures in a static budgeted. Managers use static budgets to target the level of expenses, costs, and revenues. Governments departments and non-profit organizations use static budgets as their incomes are unlikely to change throughout a period.
Management compares the actual results at the end of a period, and the budgeted numbers at the beginning to measure perfomance or achievement. The comparison is for both revenues and expenditures.
Answer:
The answer is given below;
Explanation:
1.$6,000,000/120,000=$50*25,000=$1,250,000
2.this method is called units of digits method for depletion.
The accounting treatment shall be;
Depletion Expense Dr.$1,250,000
Accumulated Depletion Cr.$1,250,000
When the asset will retire, the accumulated depletion will be eliminated with corresponding effect to mine
Answer:
10.4%
Explanation:
The formula to calculate the cost of equity is:
Cost of equity= (DPS/MPS)+r
DPS= Dividend per share
MPS= Market price per share
r= Growth rate of Dividends
Cost of equity= (2.77/40.12)+0.0350
Cost of equity=0.069+0.0350
Cost of equity=0.104→ 10.4%
The company's cost of equity if the current stock price is $40.12 per share is 10.4%.
Answer:
P = -0.003X + 117
Explanation:
First lets define what is a linear relationship:
A linear relationship is a trend in the data that can be modeled using a straight line, so the relationships can be positive (if one variable increases, the other increases in equal proportion), negative (if one variable decreases, the other increases in equal proportion) or nonlinear.
The general equation is:
y = mx + b
Where m is the slope (percent of change of a variable when the other changes by 1 unit) and b is the Y intercept (where a line crosses the y-axis of a graph)
The equation for m is:

If we define p (price) as our y and number of shirts (n) as our x then:

Now we just replace to find the Y intercep (b)
69 = -0.003(16,000) + b
69 = -48 + b
b = 69 + 48
b = 117
It would give the same result if we use p = 12 and x = 35,000
So the linear equation in the form of p would be :
P = -0.003X + 117
This is a negative linear relationship which means that the more shirts sold, the lower the price.
Answer:
The correct answer is letter "D": Standard deviation.
Explanation:
Standard deviation is a measure used to count the deviation or dispersion of a group of numeric data. In Business, the standard deviation is a measure applied to the annual rate of return of an investment to measure the investment's volatility. Every time a stock or a mutual fund is purchased their expected return is weighted against their inherent risk. The past gain or losses of investment is easy to look up but gauging is more complex.