Heller company offers an unconditional return policy to its customers. during the current period, the company records total sales of $850,000, with a cost of merchandise to heller of $340,000. based on past experience, heller company expects 4% of sales to be returned. how much gross profit will heller company recognize for the current period? select one: a. $510,000 b. $489,600 c. $816,000 d. $850,000 e. $360,400

Historically, 12 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database. the number of customers out of 19 who have an incorrect address in the database is a binomial random variable with n = 19 and 2formula36.mml = 0.12.

Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $

Why is investing in a mutual fund less risky than investing in a particular company’s stock?