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3 years ago

Which of the following statements is TRUE?

Business

1 answer:

Dahasolnce [82]3 years ago

7 0

Answer:

Third one....The interest rate on your savings account will vary over time and be set by the government

Earn interest at a norminal rate.

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Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $429,000 for extrac

givi [52]

Answer:

cost depletion expense = $128700

so correct option is B. $128,700

Explanation:

given data

paid = $429,000

recover = 6,500 pounds

extracted = 1,950 pounds

sold = $277,000

to find out

cost depletion expense

solution

we get here cost depletion expense that is express as

cost depletion expense = $\frac{paid}{recover}$ × extracted ...........1

put here value we get

cost depletion expense = $\frac{429000}{6500}$ × 1950

cost depletion expense = $66 × 1950

cost depletion expense = $128700

so correct option is B. $128,700

5 0

3 years ago

If the probability is 0.54 that Stock A will increase in value during the next month and the probability is 0.68 that Stock B wi

Natali5045456 [20]

Answer:

The probability that neither of both stocks increase is 0,14

Explanation:

The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.

The data we have is the probability that Stock A or B increase, we are looking for the probability that neither occur, so we have to use the complement of each one.

Complement of Stock A =1-0.54=0.46

Complement of Stock B =1-0.68=0.32

If we want to know the probability of both events happening we have to multiply both complements.

Probability that neither of these two events will occur= 0.46 x0.32= 0,1472‬

7 0

3 years ago

Calclulated the standard deviation of a portfolio that has 30% invested in stock X and 70% in stock Y given the historical data

grin007 [14]

Answer:

The standard deviation of the portfolio is 0.1104, or 11.04%.

Explanation:

Note: See the attached file for how the standard deviation is calculated.

Download xlsx

7 0

4 years ago

The _______ has rapidly become part of the culture in the United States and elsewhere, as people increasingly consider the impac

elixir [45]

Answer:

The correct answer is Green Movement.

Green Movement can be described as a part of the increased awareness of sustainability by the consumers. NOW, RATHER THAN LOOKING ONLY AT THE END PRODUCT, CONSUMERS tends to LOOK at the PRODUCTION PROCESS of the product. and evaluate whether its harmful to the nature, people and the communities and only then buy it if it is a good product made out of sustainable business practices and processes.

Explanation:

4 0

3 years ago

Read 2 more answers

Lewis Incorporated and Clark Enterprises report the following amounts for the year. Lewis Clark Inventory (beginning) $ 16,000 $

kkurt [141]

Answer:

Lewis Incorporated Cost Of Goods Sold $ 145,600

Clark Enterprises Cost Of Goods Sold $103,400

Explanation:

Lewis Incorporated

Inventory (beginning) $ 16,000

Add Purchases 146,600

Less Purchase returns 7,000

Net Purchases 139,600

Less Inventory (ending) ( 10,000 )

Cost Of Goods Sold $ 145,600

Clark Enterprises

Inventory (beginning) $ 42,000

Add Purchases 165,400

Less Purchase returns 52,000

Net Purchases 113,400

Less Inventory (ending) ( 52,000)

Cost Of Goods Sold $103,400

The brackets indicate that the amount is deducted.

8 0

3 years ago

Read 2 more answers