The answer is a problem based off the question
Answer:
Expected return = 28%
Explanation:
given data
invests $4,000
share = 200
return = 24%
and
invests = $2000
share = 100
return = 18%
and
invest = $4,000
share = 400
return = 28%
to find out
expected return on this portfolio
solution
we know total investment is
Total investment = 4000+2000+4000
Total investment = 10000
and
Wt. of Sand Corporation shares in the total portfolio=
= 0.4
Wt. of Water Corporation shares in the total portfolio=
= 0.2
Wt. of Beach Corporation shares in the total portfolio=
= 0.4
and
Expected return on the given portfolio is
Expected return = 0.4 × 24% + 0.4 × 18% + 0.4 × 28%
Expected return = 28%
Answer:
$1,160
Explanation:
<em>Hie, I have attached the full question as an image below.</em>
The firm usually makes provision for certain amounts so as not to overstate their profits. This expected as it is prudent than reporting profits that might never occur. Provisions of Uncollectible accounts are examples of such amounts.
An increase in Uncollectible amount compared to the opening balance is treated as an Expense in the Income Statement whilst a decrease is treated as an Income.
For this question, we are told that Uncollectible accounts are determined by the percent-of-sales method to be 4% of credit sales. Thus calculation of the 2012 uncollectible-account expense is as follows :
Credit Sales - 2012 = $44,000
Beginning Balance in allowances = $600
Therefore,
Uncollectable Amount (2012) = Credit Sales x percent-of-sales
= $44,000 x 4%
= $1,760
The Uncollectable amount has increased by $1,160 ($1,760 - $600)
Conclusion :
The collectible-account expense for 2012 is $1,160
A = P (1 + I)^n
40000 = 5000 (1 + 0.07)^n
(1.07)^n = 40000/5000 = 8
ln(1.07)^n = ln8
nln1.07 = ln8
n = ln8/ln1.07 = 30.7...
The best answer is closest to (d) 30.6 years.
Answer:
Explanation:
Net cash provided by operating activities 140,000
Less: Capital expenditures -81,000
Less: Cash dividends paid -10,000
Free cash flow 49,000