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zheka24 [161]
4 years ago
6

PB1.

Business
1 answer:
Lunna [17]4 years ago
7 0

Answer:

                                      Hicks

Income Statement for the year ended December 31, 2017

                                                            $

Sales revenue                               3,100,000

Cost of goods sold                       <u> (1,700,000)</u>

Gross profit                                   1,400,000

Administrative salaries                  (136,000)

Rent on corporate headquarters  (65,000)

Advertisement and marketing      (625,000)

Depreciation                                  <u> (90,000)</u>

Net income                                    <u> 484,000</u>

Explanation:

Gross profit is calculated by deducting cost of goods sold from sales revenue. All the expenses will be deducted from the gross profit in order to obtain the net income for the year ended December 31, 2017.

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The evolutionary development of the species H. sapiens a. is determined solely by environmental factors b. is a Mendelian trait
IRISSAK [1]

Answer:

The correct answer is letter "C": is the result of both genetic and environmental factors.

Explanation:

There have been several studies about human evolution as a species. It is inevitable to relate this topic to the prominent findings of Charles Darwin (1809-1882) in his book "<em>On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life</em>" or simply known as the <em>Origin of species</em>. Mainly, Darwin sustained that, in general, <em>species' evolution happens thanks to environmental adaptations that are transmitted from one generation of a species to another in their genetics.</em>

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11th edition miroconitionals plus new my econlab 
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3 years ago
D. Short answer questions:
erma4kov [3.2K]

Answer:

Explanation:

a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition.  For a consumer, perfectly competition which provides more goods at a lower price is better.

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The law of large numbers says that when many people are insured, the probability distribution of the losses will assume a normal
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Answer:

allows accurate predictions.

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The law of large numbers  states that the larger the amount of policy holders, the probability distribution of the number of claims (losses for the insurance company) will be shaped like a normal distribution. This allows the companies to make more accurate predictions about the future number of claims.

In statistics, the law of large numbers states that as the sample size increases, the mean will be much closer to the real mean of the total population.

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3 years ago
Assume you purchased the right to sell 2,300 shares of JCPenney stock in November 2015 at a strike price of $9.00 per share. Sup
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Answer:

Put options give the holder the right to sell the underlying stock to the seller of the put option.

Put options are advantageous when the price in the market falls below the strike price of the option because the buyer will be able to sell at above market value and make a profit.

The asking price for a strike price of $9.00 is listed to be $0.33 and this is the premium paid by the buyer of the Put Option.

<h2>1. Return if stock sells for $8.00</h2>

= Amount received/ Amount spent

= (No. of shares * ((Strike price - Market price) - Premium paid) ) / (No. of share * premium)

= (2,300 shares * (($9.00 - 8.00) - 0.33))/ ( 2,300 * 0.33)

= 2.03

= 203 %

<h2>2. Return if stock sells for $10.00. </h2>

As this is an option, the investor can decide not to sell to the seller. The market price is higher than the strike price so they will not sell to the seller of the option and the return will be;

= (No. of shares * - Premium paid) ) / (No. of share * premium)

= (2,300 shares * - 0.33)/ ( 2,300 * 0.33)

= -1

= -100 %

4 0
3 years ago
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