An investor redeemed 500 shares of a mutual fund at their net asset value of $9.79. His total investment in the shares was $4,412.38. What was the investor's profit or loss on the sale?
$482.62 profit
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A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and declared and paid cash dividends of $56,250 in the current period. The ending balance in retained earnings equals:
A. $433,750. B. $116,250. C. $426,250. D. $490,000. E. $546,250.
Chairman Cat Products produces cat trees that are sold by several large pet stores. They sold 190, 210, and 208 cat trees in January, February, and March, respectively. Assuming that the first forecast value (for January) is set to 190, what is the exponential smoothing forecast for May? Assume a smoothing constant value of 0.4.
a. 190 b. 198 c. 202 d. Cannot be determined from the information given
An error about certain material facts made by one party to a contract is called a(n) ____________________
Fill in the blank(s) with correct word
In a transshipment problem, shipments
a. cannot occur between two origin nodes. b. cannot occur between an origin node and a destination node. c. cannot occur between a transshipment node and a destination node. d. can occur between any two nodes.