Answer:
The answer is b. make-to-stock system
Explanation:
Make-to-stock system is a build-ahead production approach in which production plans may be based upon sales forecasts and/or historical demand. It is a traditional production strategy that is used by businesses to match the inventory with anticipated consumer demand.
Answer:
If you had purchased 10 shares of GoPro at the IPO (Initial Public Offering) on June 26, 2014 at 31.34, you would have spent <u>$313.40</u>.
If you were more of a “gambler” than an “investor”, and you saw the market shoot up for GoPro and hit 86.97 just 3 months later and decided to SELL, you would have recognized a capital gain of <u>$869.70 - $313.40 = $556.30</u>.
This would have resulted in a YIELD of <u>($556.30 / $313.40) x 100 = 177.5%</u>.
Let’s say you hung on to your 10 shares of GoPro, believing that it would get even better. Today it is listed at 4.42. If you were to sell, you would recognize a loss of <u>$44.20 - $313.40 = -$269.20</u>.
This would result in a YIELD of <u>(-$269.20 / $313.40) x 100 = -85.9%</u>.
The average annual yield for 5.5 years would then be <u>-12%</u>.
Look up GoPro today. GoPro currently trading at <u>$8.63 (January 7, 2021)</u>.
Explanation:
1 + 0.859 = (1 + r)⁵°⁵
⁵°⁵√1.859 = ⁵°⁵√(1 + r)⁵°⁵
1.12 = 1 + r
r = -0.12 (since the yield was negative, r must be negative)
Answer:
e. All of these choices are correct.
Explanation:
Note:
Statement a. about production budget is correct as the production budget only estimates number of units to be produced, in quantity and not in dollars and therefore is not converted into dollars.
Statement b. about sales budget is also correct as it shows the quantity in units and also in value.
Statement c. about overhead budget is also correct as the budget segregates variable and fixed overheads properly.
Statement d. about labor budget is correct, as in this budget an average rate is used for calculating the expenses.
Therefore all of the above is correct.
