Answer:
The ending inventory balance is $158,400
Explanation:
The computation of the amount that Plunkett should report in ending inventory is shown below:
= Ending balance - goods purchased under FOB destination - goods held on consignment
= $219,000 - $44,800 - $15,800
= $158,400
hence, the ending inventory balance is $158,400
we simply applied the above formula so that the correct value could come
Answer:
=> fraction of the portfolio that should be allocated to T-bills = 0.4482 = 44.82%.
=> fraction to equity = 0.5518 = 55.18%.
Explanation:
So, in this question or problem we are given the following parameters or data or information which are; that the utility function is U = E(r) – 0.5 × Aσ2 and the risk-aversion coefficient is A = 4.4.
The fraction of the portfolio that should be allocated to T-bills and its equivalent fraction to equity can be calculated by using the formula below;
The first step is to determine or Calculate the value of fraction to equity.
Hence, the fraction to equity = risk premium/(market standard deviation)^2 - risk aversion.
= 8.10% ÷ [(20.48%)^2 × 3.5 = 0.5518.
Therefore, the value for fraction of the portfolio that should be allocated to T-bills = 1 - fraction to equity = 1 - 0.5518 =0.4482 .
Answer – Street walkers
Of all the categories of prostitutes, street walkers are
considered to be the least attractive, lowest paid, and most vulnerable. They
are also the most likely to get arrested and they have the highest incidence of
drug abuse.
Answer:
(i) 9.1
(ii) 10.2
Explanation:
Accounts receivable turnover for 20Y2:
Average accounts receivable:
= (Beginning account receivable + Ending accounts receivable) ÷ 2
= (300,000 + 340,000) ÷ 2
= $320,000
Accounts receivable turnover ratio;
= Net annual credit sales ÷ Average accounts receivable
= $2,912,000 ÷ $320,000
= 9.1
Accounts receivable turnover for 20Y1:
Average accounts receivable:
= (Beginning account receivable + Ending accounts receivable) ÷ 2
= (280,000 + 300,000) ÷ 2
= $290,000
Accounts receivable turnover ratio;
= Net annual credit sales ÷ Average accounts receivable
= $2,958,000 ÷ $290,000
= 10.2
Answer:
The correct answer is C) 150,000 board feet.
Explanation:
In order to meet domestic demand, Norway must import the goods produced in other countries, which means that there is no price increase due to the shortage of the good.
If Norway only produces 50,000 board feets and the demand is 200,000, then it will be forced to introduce the missing amount that comes from other countries.
