Answer:
a. 41.6 million
b. 42.28 million
Explanation:
A) GIven
forecast in june = Sjune = 42 million
Checks recived in june = Xjune = 40 million
Smoothing constant = a = 0.2
So for july
Sjuly = a*Xjune + (1-a)*Sjune
=0.2*40 + (1-0.2)*42 million
=8+33.6 = 41.6 million
B) forecast in july = Sjuly = 41.6 million
Checks recived in july = Xjuly = 45 million
Smoothing constant = a = 0.2
So for August
Saugust = a*Xjuly + (1-a)*Sjuly
=0.2*45 + (1-0.2)*41.6 million
=9+33.28 = 42.28 million
<em>Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .</em>
Answer:
Jim will receive 449,999.62
Explanation:
We are going to discount the sales commission from the proceeds of the home, this will be the net cash received from Jim
sales price 478,723
commission 6% of 478,723 = 39723.38
net realizable 449,999.62
(sales price - commisions)
Answer:
$20,000 income
Explanation:
<em>Computation</em>
Particulars Amount
Sale Value of corrected product= $42,000.00
(2,000 * 21)
Less : Costs of Correction = ($12,000.00)
(2000 * 6)
Less : Opportunity costs - Salvage Value Lost = <u>($10,000.00)</u>
(2,000 * 5)
Incremental Revenue= <u>$20,000.00</u>
This question provides the defition for a producer cooperative
Answer:
0.2571 or 25.71%
Explanation:
In this case, even though the initial amount invested is not given, it can be found by subtracting the amount by which the investment appreciated of the year-end value:
The return rate is given by the interest payed added to the amount appreciated, divided by the initial investment:
The customer's total return is 0.2571 or 25.71%
