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3 years ago

The complete portfolio refers to the investment in _________.

Business

1 answer:

____ [38]3 years ago

4 0

Answer:

In finance speak, a portfolio refers to a collection of investments or financial assets held by an individual, investment company, financial institution or hedge fund. This grouping of financial assets can include everything from gold and property to stocks, bonds and cash equivalents.

Explanation:

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Determine the ending inventory using the periodic inventory system and the weighted average cost method (rounded to the nearest

alekssr [168]

Answer:

The ending inventory is

Units Unit Cost Total

6 $6,35 $38,1

Explanation:

AVCO Perpetual chart is attached.

AVCO Perpetual chart shows purchases , sales and balance of each period. Highlighted you will find the balance at the end of every purchase or sale.

When you have a purchase: Use the following formula to get the weighted-average cost by unit:

(P₁*Q₁)+(P₂*Q₂)/(Q₁+Q₂)

P₁ and Q₁ are the balance from operation that you made before.

P₂ and Q₂ is the data of the new operation (new purchase)

When you have a sale: you only discount the Quantity and use the average cost by unit to get the final inventory.

The balance at the end of June is:

Units Unit Cost Total

6 $6,35 $38,1

Download xlsx

6 0

3 years ago

In nearly half the cases in which u.s. firms have requested protection from imports, one or more u.s. companies in the industry

victus00 [196]

The main reason is that they thought they could not only successfully battle international rivals, but could gain on weaker domestic competitors that failed to do so. This subject is related to mercantilism and one of the characteristics is the use of high import barriers and export subsidies.

3 0

3 years ago

The selling price of imported olive oil is $20 per case. Your cost is 15 Euros per case, and the exchange rate is currently 1.25

My name is Ann [436]

Answer:

$120,000

Explanation:

According to this question, the selling price (S.P) of one case of imported olive oil is $20 while the cost price (C.P) is €15.

The currencies are not the same. They have to be the same in order to work with them. The exchange rate of both currencies, according to the question is:

€1.25 = $1

We'll be making both the S.P and C.P dollars ($).

Hence, €15 will be 15 ÷ 1.25 = $12

This means that the C.P is $12 and the S.P is $20 per case.

If a customer ordered 15,000 cases of olive oil;

A) the cost price (C.P) of 15,000 cases of olive oil will be $12 × 15,000 = $180,000

B) the selling price (S.P) of 15,000 cases of olive oil will be $20 × 15,000 = $300,000

In any business, the profit is always the selling price minus the cost price i.e. P = S.P - C.P

Hence, the pretax profit on the 15,000 cases of olive oil will be;

$300,000 - $180,000 = $120,000.

5 0

3 years ago

Match the job descriptions with the job titles.

Marina CMI [18]

Answer:

See below

Explanation:

The job description is a document that shows the duties, responsibilities, and skills to perform a specific role. For example;

Negotiate insurance settlement- Claim adjuster

The claim adjuster gathers reports and facts to the insurer.

Certifies the financial record of the business- Auditor

An auditor ensures the reports and records are well examined in an organization. He or she verify the assets and liabilities.

Help a company build a positive image in the media- Public relation specialist.

Public relations help in building trust and creating awareness about the organization.

Negotiates the rates for transportation of goods- Cargo and flight agent

cargo and flight agents ensure that shipments are delivered on time, and fees are collected.

6 0

3 years ago

2. United Uninsured Underwriters (U3) needs to raise $192 million. If it issues new common stock to raise the funds, the flotati

AURORKA [14]

Answer:

Let x denote the no of shares of common stock to be issued by UUU at a price of $25 per share

Therefore, the total money raised is $24 * x

Given that UUU has to incur flotation cost of 8% plus additional costs of $280,000, the total flotation costs work out to $25 * x * 0.08 + $280,000

Since UUU needs $192 million, calculation of the value of x is as follows:

$25 * x - ($25 * x * 0.08 + $280,000) = $192 million

$25 * (1-0.08) * x = $192 million + $280,000

x = 192.28 million/25 * 0.92

x = 8.36 million

Therefore, UUU has to issue 8,360,000 shares of common stock at $25 to obtain its funding need of $192 million

The flotation costs would be $25 * 8,360,000 * 0.08 + $280,000 = $17 million

Out of the total money raised of 8,360,000 * $25 = $209 million, after deducting the flotation costs of $17 million, UUU will receive $192 million

8 0

3 years ago