Answer:
$21,250
Explanation:
Calculation to determine the ending balance in the inventory account
Using this formula
Cost of goods sold = Opening Inventory + Purchase during the year - Ending balance of inventory
Let plug in the formula
$28,000 = $15,250 + $34,000 - Ending balance of inventory
Ending balance of inventory = $49,250 - $28,000
Ending balance of inventory = $21,250
Therefore the ending balance in the inventory account is $21,250
Let
x = minutes used for jogging
y = minutes used for handball
z = minutes used for cycling
Th total time spent is 1 hour (60 minutes), therefore
x + y + z = 60
Because Mike jogs as long as he cycles, therefore
x = z
Therefore
2x + y = 60
or
y = 60 - 2x (1)
Jogging consumes 10 calories/min, handball consumes 9 calories/min and cycling consumes 12 calories/min.
The calories consumed in 60 minutes is 580, therefore
10 x + 9y + 12z = 580
Because x = z,
22x + 9y = 580 (2)
Substitute (1) into (2).
22x + 9(60 - 2x) = 580
22x + 540 - 18x = 580
4x = 40
x = 10
y = 60 - 2x = 40
z = x = 10
Answer:
10 minutes of jogging
40 minutes of handball
10 minutes of cycling.
Answer:instructing the German subsidiary to borrow euros from a bank in Germany
Explanation:A company may organize subsidiaries to keep its brand identities separate. This allows each brand to maintain its established goodwill with customers and vendor relationships. Subsidiaries can also help you position part of your business as an alternative to the parent company at a different price point.
The Chicago Company will instruct the German subsidiary to lend Euro from bank in Germany.
Answer:
ZERO.
Explanation:
A transfer price normally is used to determine the cost to charge another division, subsidiary, or holding company for services rendered. It is said that transfer prices are priced based on the going market price for that good or service. Transfer pricing can also be applied to intellectual property such as research, patents, and royalties.
However, companies at times can also use (or misuse) this practice by altering their taxable income, thus reducing their overall taxes. The transfer pricing mechanism is a way that companies can shift tax liabilities to low-cost tax jurisdictions.
