Answer:
$104,597.5
Explanation:
Given:
Expected return = 12%
Standard deviation on return = 4.5%
Amount invested = $100,000
Confidence level = 90%
Now,
For the 90% confidence level the z score is 1.645
Therefore,
the minimum percentage gain at the end of year will be
= mean(i.e the expected return) - (z × Standard deviation)
= 12% - 1.645 × 4.5%
= 12% - 7.4025%
= 4.5975%
Thus, 4.5975% of initial amount = 
= $4,597.50
Hence,
Final amount = $100,000 + $4,597.50
= $104,597.5
Answer:
They were not allowed in advance of this investigation
Answer:
An action plan to achieve specific long term goals and objectives. based on the plans formed later resources are allocated. But initially long term goals and objectives are to be framed which is the main objective of strategic planning.
Answer :
It is important to give your company a framework that allows it to grow over time. Structure will give employees more clarity, help manage expectations, enable better decision-making and provide consistency
Answer:
Gross profit = $4,305
Explanation:
<em>The average cost per unit is the total cost of the goods available for sale divided by the total units of goods available</em>
Average cost per unit=
= (250× 6) + (490 × 6) + (740 at $7 )/ (250 +490 + 740)
=$6.5
Cost of golds sold = 1,230 ×6.5 = 7995
Gross profit = Sales Revenue - Cost of goods sold
= (1230 × 10) - 7,995
= $4,305
