An example of delayed purchasing is when you would pay for a hot tub in 39 weeks and receiving the hot tub today. It is like a car loan, you would pay for the car over a certain time frame and you would drive home with the car that day. The correct answer is B.
Answer:
63218
Explanation:
Annuity -3300
FVAD (from table) at 15years, 3% = 19.1569
Future value = 63217.77=63218
The calculation of portfolio beta is done by simply multiplying the percentage of each portfolio with each beta and summing up all the products afterwards.
For intel:
= ($20,000/$50,000)(1.3) = <em>0.52</em>
For GE:
= ($12,000/$50,000)(1) = <em>0.24</em>
For Con Edison:
Portfolio of Con Edison = $50,000 - ($20,000 + $12,000) = <em>$18,000</em>
= ($18,000/$50,000)(0.8) = <em>0.288
</em><em />The portfolio beta is:
<em> </em><em />PB = 0.52 + 0.24 + 0.288 = 1.048
<em>ANSWER: 1.048</em>
Answer:
$69,840
Explanation:
Data provided;
Month Budgeted Sales
January $120,000
February $108,000
March $132,000
April $144,000
Gross profit rate is 40% of sales it means cost of goods sold is 60% of sales
Target ending inventory levels = 30% = 0.3
Therefore,
Purchases budgeted for January total
= ( $120,000 × 0.6 ) + ( $108,000 × 0.6 × 0.3 ) - $21,600
= $72,000 + $19,440 - $21,600
= $69,840
Answer:
1. Market share variance= $65,903(Unfavorable)
2. Market size variance= $36,613(favourable)
Check attachment for the table
