Answer:
b. $640,000
Explanation:
The computation of the ending inventory using the periodic inventory system is as follows:
But before that the ending inventory units is
= Beginning inventory units + purchased units - sold units
= 400 + 800 + 1,200 + 800 - 3,000
= 200 units
Now the ending inventory is
= 200 units × $3,200
= $640,000
hence, the ending inventory using the periodic inventory system is $640,000
Therefore the correct option is B
If it’s free then I don’t think they need to determine the price bc it’s free
Maturity mathing or hedging approach of working capital financial in an idealistic approach
Answer:
- Standard deviation: $14,400
Explanation:
<u>1. Mean of the annual income:</u>
The mean income is the expected income, which is: the sum of the annual salary (constant) plus the 8% of the mean value of the orders ($600,000):
- Mean annual income = $6,000 + 8% × $600,000 = $6,000 + $48,000 = $54,000.
<u>2. Standard deviation of the annual income.</u>
The standar deviation is a measure of how extended the values are.
It means that the annual value of the orders will be around the mean plus or minus a number of standard deviations, depending on the precision you want.
The 8% of the the standard deviation is 8% × $180,000 = $14,400.
Since the $6,000 is a constant it does not modify the standard deviation.
These results are a consequence of the linearity of the mean and the standard deviation.
Call Y the salesperson salary, and X the valueof the orders. Then:
The linearity property states that:
- Mean of Y = 8% × (mean of X) + 6,000
And:
- Standard deviation of Y = 8% × (Standard deviation of X).
Answer:
Threat of substitutes.
Explanation:
In this case, the buyer tries to obtain the same benefit at a lower cost and does so through a substitute product. This is a classic example of: Threat of substitutes.