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just olya [345]

3 years ago

14

ABC has beginning inventory for the year of $12,000. During the year, ABC purchases inventory for $150,000 and ends the year wit

h $20,000 of inventory. ABC will report cost of goods sold equal to:

1 answer:

Tanya [424]3 years ago

6 0

Explanation:

The Answer equal 142000

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Making music leading to becoming a musician, basketball leading to wanting to be in the nba, etc.

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Suppose the own price elasticity of demand for good X is -3, its income elasticity is -3, its advertising elasticity is 4, and t

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Suppose payments will be made for 7 1/4 years at the end of each month from an ordinary annuity earning interest at the rate of

GaryK [48]

Answer:

The size of the payment = $628.63

Explanation:

<em>An annuity is a series of equal payment or receipt occurring for certain number of period. </em>

The payment in question is an example of an annuity . We can work back the size of the payment using the present value of the ordinary annuity formula stated below

The Present Value of annuity = A × (1- (1+r)^(-n))/r

A- periodic cash flow,= ? r- monthly rate of interest - 4.25%/12= 0.354%

n- number of period- (71/4×12)= 87.

Let y represent the size of the payment, so we have

47,000 = y × ( 1-1.00354^(-87))/0.00354

47,000 = y× 74.76

y =47,000/74.7656= 628.63

The size of the payment = $628.63

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3 years ago

Comparing each item on a financial statement with a total amount from the same statement is referred to as

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Explanation:

Vertical analysis is when each item on a financial statement is compared with a total amount from the same statement.

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3 years ago

8-12 REQUIRED RATE OF RETURN Suppose rRF 9%, rM 14%, and bi 1 3. a. What is ri, the required rate of return on Stock i? b. Now s

Nat2105 [25]

Answer:

a = 0.74 or 74%

b(1) = 0.75 or 75%

b(2) = 0.73 or 73%

c(1) = 1 or 1%

c(2) = 0.61 or 61%

Explanation:

The stock i has a risk free rate of 9% with a market return of 14% and beta of 13, using the formula we get,

ri = rRF + bi x (rM – rRF)

Where rRF=9/100=0.09

bi =13

rm =14/100=0.14

Putting the values into the formula

= 0.09 + 13 x (0.14 – 0.09)

= 0.74 or 74%

b. (1)

Ri = rRF + bi x (rM – rRF)= 0.10 + 13 x (0.14 – 0.09)= 0.75 or 75%

Here the slope of SML remains constant, meaning the market risk premium will not change. As a result, the required return will increase by 1%.

b(2)

Ri = rRF + bi x (rM – rRF)= 0.08 + 13 X (0.14 – 0.09)= 0.73 or 73%

Here, the slope of SML remains constant, meaning the market risk premium will not change. As a result the required return will decrease by 1%.

c. (1)

Ri = rRF + bi x (rM – rRF)= 0.09 + 13 x (0.16 – 0.09)= 1 or 1%

Here, the slope of SML does not remain constant, meaning the market risk premium will change. As a result, the required return will increase.

(2)Ri = rRF + bi x (rM – rRF)= 0.09 + 13 x (0.13 – 0.09)=0.61 or 61%

Here, the slope of SML remains constant, meaning the market risk premium will not change. As a result, the required return will decrease by 13%.

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3 years ago