PLEASE HELP!

Cost-volume-profit analysis is based on necessary assumptions. Which of the following is not one of these assumptions? Select on

ArbitrLikvidat [17]

Answer:

b. Relevant range includes all possible levels of activity that a company might experience.

Explanation:

In the cost-volume profit analysis, there are following assumptions which are described below:

1. There are two types of cost i.e variable cost and the fixed cost.

2. The sale mix remains same in case of multi product company

3. The volume of sales equals to volume of production

4. The cost is linear over the appropriate range i.e variable cost per unit and the fixed cost which remains same plus the selling price is also constant.

6 0

3 years ago

The __________ for a given investment is the minimum risk-adjusted return required by the shareholders of the firm for undertaki

Igoryamba

Answer:

a) cost of equity capital

Explanation:

A investor demand the rate of return based on the risk involved in a particular investment. The shareholders invest in the equity of the firm, the required rate of return of shareholders is the cost of equity capital. As the firm is more risky the cost of equity capital will be higher and less risky have lower cost of equity capital.

7 0

3 years ago

Arthur is a 30 percent partner in the CAR Partnership. At the beginning of the tax year, Arthur's basis in the partnership inter

laila [671]

Answer:

c. $87,000

Explanation:

The computation of the Arthur's basis in the partnership interest at the end of the year is shown below:

= His share of partnership liabilities + net operating income share + increased share in liabilities - distributed amount

= $60,000 + $12,000 + $20,000 - $5,000

= $87,000

Net operating income share is

= $40,000 × 30%

= $12,000

We simply applied the above formula

3 0

4 years ago

Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the

Sonbull [250]

Answer:

Mean = 47

Median = 47.38

Standard Deviation = 12.73

Explanation:

Note: You wrote " 40 manufacturing companies, but the total number of companies you actually listed is 75, definitely you meant 75.

Let y represent the range of advertising expenditure, f represent the number of companies, x represent the midpoint of the range of advertising expenditure.

y f x fx fx²

$20 to under $30 9 25 225 5625

$30 to under $40 13 35 455 15925

$40 to under $50 21 45 945 42525

$50 to under $60 18 55 990 54450

$60 to under $70 14 65 910 59150

n = 75 $\sum fx = 3525$

$\sum fx^2 = 177675$

Mean, $\bar{X} = \frac{\sum fx}{n}$

$\bar{X} = \frac{3525}{75} \\\bar{X} = 47$

Standard Deviation:

$SD = \sqrt{\frac{n \sum fx^2 - (\sum fx)^2}{n(n-1)} } \\SD = \sqrt{\frac{(75*177675) - (3525)^2}{75(75-1)} }\\SD = 12.73$

Median:

Get the cumulative frequencies(cf)

y f cf

$20 to under $30 9 9

$30 to under $40 13 22

$40 to under $50 21 43

$50 to under $60 18 61

$60 to under $70 14 75

N = 75

Median = Size of (N/2)th item

Median = Size of (75/2)th item

Median = Size of (37.5)th item

The median class = 40 to under 50

Lower limit, L₁ = 40

Cumulative frequency, cf = 22

f = 21

Class Width, h = 10

Median = $L_1 + \frac{ (N/2) - cf}{f} * h\\$

Median = $40 + \frac{ (75/2) - 22}{21} * 10\\$

Median = 47.38

8 0

4 years ago

Accountants who hold a certificate that allows them to conduct expert work to determine intentional errors and mistakes made in

ELEN [110]

Answer:

The correct answer is Certified Fraud Examiners.

Explanation:

A certified fraud examiner is also a type of accountant. It is a professional certificate that is issue to fraud examiners. This designation is issued by the Association of certified fraud examiners.

These accountants are also called CFEs in short. They follow a code of ethics.

CFEs need a bachelor or equivalent degree and a minimum two years of experience of professional experience in a field which is related to fraud detection.

4 0

3 years ago