Answer: Insurance premium
Explanation:
b) $21,000.
c) $20,000.
d) $18,000.
e) $27,000.
Answer:
c) $20,000.
Explanation:
The computation of the estimated ending inventory is shown below:
We know that
Cost of goods sold = Beginning inventory + purchase made - ending inventory
And, the
Sales - gross profit = Cost of goods sold
$100,000 - $100,000 × 30% = Cost of goods sold
So, cost of goods sold would be
= $100,000 - $30,000
= $70,000
Now the ending inventory would be
$70,000 = $18,000 + $72,000 - ending inventory
$70,000 = $90,000 - ending inventory
So, the ending inventory would be
= $90,000 - $70,000
= $20,000
Based on 30% gross profit ratio, the estimated end inventory for the Big Box Store for the second quarter is $20,000, after accounting for cost of goods sold from the total available inventory.
The Big Box Store operates at a 30% Gross Profit Margin, implying 70% of the sales are accounted as Cost of Goods Sold (COGS). Therefore, the COGS for the second quarter would be $100,000*0.7 = $70,000.
The initial inventory at the beginning of the quarter was $18,000 and $72,000 amount of inventory was purchased during the quarter. So total available inventory is $18,000 + $72,000 = $90,000.
If we subtract the COGS from total available inventory that gives us the estimated ending inventory. That is $90,000 - $70,000 = $20,000. Therefore the estimated ending inventory from Box Store will be $20,000.
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The New American Enterprise Mutual Fund's net asset value (NAV) per share is approximately $27.90.
1. First, we need to determine the fund's net assets. To do this, subtract the fund's liabilities from its total portfolio value:
Net Assets = Portfolio Value - Liabilities
Net Assets = $175,000,000 - $4,800,000
Net Assets = $170,200,000
2. Next, we need to calculate the NAV per share. To do this, divide the fund's net assets by the total number of shares issued:
NAV per Share = Net Assets / Total Shares Issued
NAV per Share = $170,200,000 / 6,100,000
NAV per Share ≈ $27.90
So, the New American Enterprise Mutual Fund's net asset value (NAV) per share is approximately $27.90. This value represents the price at which investors can buy or sell shares of the fund, and it is an essential metric for evaluating a mutual fund's performance.
For more about net asset value:
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A deficit due to more monies flowing in from investors
A surplus due to greater amounts of income from exports
A surplus due to more government spending on building roads
Answer:
A deficit due to improving nationwide public transportation
Explanation:
Fiscal policy is the instrument by which the government collects taxes to use resources in areas that require public investment. When the government spends more than it collects, there is a deficit. To finance this deficit, one of the government's alternatives is to raise taxes. On the contrary, when the government spends less than it collects, there is a surplus. In this case, the government could lower taxes.
In the case narrated, the government raises taxes. Therefore, this is feasible to cover the public account deficit. Fiscal faith only refers to direct government spending in areas of public interest, such as transportation, education, health, welfare, and so on. The relationship between the government and the financial market is not considered in the fiscal deficit, it is separated into another specific account. Therefore, the only correct alternative is that the government has raised taxes to cover the fiscal deficit of transport infrastructure spending, which is a sector that requires direct government investment.
B. an economic institution
C. a recent development
D. only state-chartered
The correct answer for the question that is being presented above is this one: "B. an economic institution." An accurate description of banking in the United States is it is an economic institution. This economic institution is responsible on the monitoring of the economy of the country.
Demand always decreases from period to period
Demand fluctuates from period to period in a regular pattern
Demand is constant, as in the mature stage of the product life cycle
None of the above
Answer:
The answer is Demand fluctuates from period to period in a regular pattern
Explanation:
when demand is seasonal, it means the products are purchased during certain months of the year. Seasonal demand can also be defined as a certain time series with repetitive or predictable patterns of demand
In the MARS Marketing Management Simulation, a 'highly seasonal' demand refers to demand fluctuating regularly with the season or time of the year. Businesses have to strategically manage this fluctuation.
In the MARS Marketing Management Simulation, when it is mentioned that demand is highly seasonal, it signifies that demand fluctuates from period to period in a regular pattern. This essentially means that demand is not constant but changes based on the time of the year or season.
For example, the demand for winter clothes increases during the cold seasons and decreases during the warmer seasons. Thus, in relation to the MARS simulation, businesses must strategically plan and adapt their marketing, production, and inventory management strategies to cater to these foreseeable shifts in demand.
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