Answer:
Average receivables = $157,500,000
Explanation:
<em>Account receivable represent the amount of credit made by a business which remain uncollected as at the reporting date. In other words, they represent the amount that customers are owing the business in respect of credit sales.</em>
Average account receivables
=(opening balance + closing balance)/2
=( $142,650,000 + $172,350,000)/2
= 157,500,000.
Answer: Dina's labor the car wash dina receives the $300 per week and charles earns working for spotless car wash
Explanation: The flow from a firm to a household can be in the form of goods and services purchased by the household or in the form of flow of factor income to the household. Out of the given options, Dina's labor in the car wash and Charles earning from spotless car wash represent a flow of income from the firm to the households. While, Charles spending on airline tickets represent a flow from the household to the firm in the form of expenditure for buying a service. So, a and b are correct.
Answer: The ending balance (principal plus interest) will be $638.10
Explanation:
To calculate this we need to use the Quarterly Interest formula
CI quarterly = P (1+ (R/4)/100)^4n
CI is the compound interest payable
I is the initial principal sum of money
R is the interest rate in percentage at which interest accrued over time
n is the time period in years
For the first year the total amount plus interests is
CI = $ 100 (1 + (8/4)/100)^4x1
CI = $100 (1 + 2/100)^4
CI= $100 (1 + 0.02)^4
CI = $100* 1.0824
CI = $108.24
For the second year = $100+ $108.24= $208.24
CI = $ 208.24 * 1.0824
CI = $225.41
For the third year = $100 + $ 225.41 = $325.41
CI = $325.41 * 1.0824
CI = $352.23
For the fourth year = $100 + $ $352.23 = $452.23
CI = $452.23 * 1.0824
CI = $ 489.51
For the fifth year = $100+ $489.51 = $589.51
CI = $589.51 * 1.0824
CI = $ 638.10
Answer:
Cost Debit Credit
Work in Process inventory $574,000
Manufacturing overhead $163,000
Wages payable/Cash $737,000
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 .
