1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sveta_85 [38]
3 years ago
6

You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 8 percent, −15 percent, 19 perc

ent, 31 percent, and 21 percent. a. What was the arithmetic average return on the company's stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. What was the variance of the company's returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.) b-2. What was the standard deviation of the company's returns over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
sattari [20]3 years ago
5 0

Answer:

a). Arithmetic average return=12.80%

b). The variance of the company's returns=116.2

c). Standard deviation=10.78

Explanation:

a). The arithmetic average return can be expressed as;

Arithmetic average return=Sum of returns/Number of returns

where;

Sum of returns=8%+(-15%)+19%+31%+21%=64

Number of returns=5

replacing;

Arithmetic average return=64/5=12.80%

b). Variance of the company's returns

Step 1: Write down formula for variance

Variance=∑(Xi-X)²/n-1

where;

Xi=term in data set

X=sample mean

∑=sum

n=sample size

Step 2: write down each data set

X1=8%, X2=-15%, X3=19%, X4=31%, X5=21%

Step 3: Subtract the mean from each data set

Take the absolute value of each data

X1-X=8-12.8=-4.8

X2-X=15-12.8=2.2

X3-X=19-12.8=6.2

X4-X=31-12.8=18.2

X5-X=21-12.8=8.2

Step 4: Square each result and sum

∑(Xi-X)²=4.8²+2.2²+6.2²+18.2²+8.2²=464.8

Step 5: Divide by n-1

n=number of data points=5

n-1=5-1=4

∑(Xi-X)²/n-1=464.8/4=116.2

The variance of the company's returns=116.2

c). Standard deviation=√variance=√116.2

Standard deviation=10.78

You might be interested in
Inventory records for Dunbar Incorporated revealed the following:Date Transaction Number of units Unit CostApr. 1 Beginning inve
finlep [7]

Answer:

Explanation:

1. Calculate ending inventory        Rate per unit       Total cost

                         number of units        ($)                          ($)

Beg bal (April1)  450                         2.19                       985.50

Add:purchases  

April 20             410                            2.69                      1102.90

-----------------------------------------------------------------------------

Total goods

av for sale         860                                                          2088.40

Less: Sales:

During April       590

--------------------------------

Ending inventory 270

2. Cost of ending inventory = 270*2.19=$591.3

7 0
3 years ago
Company P has owned 80 percent of Company S for a number of years. This year Company P bought inventory for $100,000 and sold it
Vesna [10]

Answer:

don't know

Explanation:

3 0
2 years ago
B) A manufacturing unit A makes 15 colour television
Fed [463]

<em> 7*|15 80 | =|105 560|</em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|</em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER </em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER ◌⑅⃝●♡⋆♡MICKZMINNZ♡⋆♡●⑅◌</em>

8 0
3 years ago
Stockholders' equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000
Tomtit [17]

Answer:

$131,000

Explanation:

The computation of the ending balance of stockholder equity is shown below:

= Beginning balance of stockholder equity + net income - dividend paid + additional common stock issued

= $94,000 + $24,000 - $9,000 + $22,000

= $131,000

Therefore, the ending balance of stockholder equity is $131,000

We simply added the net income and the additional common stock issued and deduct the dividend paid to the beginning balance of stockholder equity so that the ending balance could come

7 0
3 years ago
The dollars available from each unit of sales to cover fixe
lbvjy [14]

Answer:

False

Explanation:

Variable costs are part of direct expenses incurred in the production of goods meant for sales. Variable costs have a direct and proportionate relationship with the output level. An increase in output level increases variable costs. Examples of variable costs are packaging and raw materials.

The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.

5 0
3 years ago
Other questions:
  • In thinking about the "color of money," which color would correspond to a new video game system charged on a credit card when yo
    5·2 answers
  • Carla Vista Company, organized in 2019, has set up a single account for all intangible assets. The following summary discloses t
    5·1 answer
  • Wu Company incurred $97,200 of fixed cost and $111,600 of variable cost when 3,100 units of product were made and sold. If the c
    11·1 answer
  • When an owner records a credit for $650 for revenue earned but not yet recieved, the amount of the debit should be
    9·1 answer
  • Meeting clients in person instead of talking with them on the phone can help to reduce _______ when you own your own business.
    8·1 answer
  • An attempt to reduce inflation requires​ _____________ fiscal​ policy, which causes real GDP to​ _________ and the price level t
    6·1 answer
  • Coronado Industries produces 1000 units of a necessary component with the following costs:
    6·1 answer
  • The coordinates of point T are ​(​0,​5). The midpoint of is ​(6​,​-4). Find the coordinates of point S.
    10·1 answer
  • mommy bloggers are women who review children's products and discuss family-related topics on their personal blogs, which are ind
    5·1 answer
  • if government tax policy requires peter to pay $15,000 in tax on annual income of $200,000 and paul to pay $10,000 in tax on ann
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!