What’s is the key feature of a business

The inventory data for an item for November are:

Katen [24]

Answer:

USING LIFO METHOD

Nov 1 Opening inventory 20 [email protected]$19 = 380

Nov 4 Sales 10 [email protected]$19 = (190)

Nov 10 Purchases 30 [email protected]$20 = 600

Nov 17 Sales 20 [email protected]$20 = (400)

Nov 30 Purchases 10 [email protected]$21 = 210

Cost of merchandise sold 600

The correct answer is B

Explanation:

In LIFO method of inventory valuation, most recent stocks are issued first. For instance, sales of 10 units in November 4 will be issued from the November 1 opening inventory and valued at the price of opening inventory.November 17 sales will be issued from November 10 purchases and valued at the price of November 10 purchases.

8 0

3 years ago

Three-year Treasury securities currently yield 6%, while 4-year Treasury securities currently yield 6.5%. Assume that the expect

Reptile [31]

Answer:

The correct answer is 8%.

Explanation:

According to the scenario, the computation of the given data are as follows:

Let 1 year Treasury securities = t

So, Four year Treasury = [(Yield of 3 years Treasury × No. of year) + ( t × No. of year)] ÷ Number of year

So, by putting the value, we get

6.5% = [(6% × 3) + ( t × 1)] ÷ 4

[(6% × 3) + t] = 6.5% ×4

t = 8%

So, the rate on 1-year Treasury securities three years from now is 8%.

4 0

3 years ago

The stockholders' equity section of the balance sheet for Potawatomi Corporation appeared as follows before its recent stock div

adell [148]

Answer:

Common stock = $110,000

Additional paid-in capital = $130,000

Retained earnings = $170,000

Explanation:

Computation of the given data are as follows:

Common stock after issuing stock dividend = $100,000 + ( 10,000 ×10% × $10)

= $100,000 + 10,000 = $110,000

Additional paid-in capital after issuing stock dividend = 120,000 + ( 10,000 ×10% × $10)

= 120,000 + 10,000 = $130,000

Retained earnings after issuing stock dividend = 150,000 + ( 10,000 ×10% × $20)

= 150,000 + 20,000 = $170,000

7 0

4 years ago

Amy is shopping for a dress to wear to a formal dance. She tried on several dresses, not even noticing the price of each. After

fredd [130]

Answer: It is called affective choice

Explanation:

Affective decision-making (ADM) is a debatable and predictive theory of individual choice under risk and uncertainty. It generalizes expected utility theory by positing the existence of two cognitive processes – the “rational” and the “emotional".

5 0

3 years ago

if you wanted to take the survey to be included in the next revision of the strong interest inventory, which requirements would

Olin [163]

The strong interest inventory is vital in helping individuals identify their work personalities and it's available at skillsone.

The strong interest inventory refers to a career self-assessment tool. The strong interest inventory is used by career development specialists in measuring the interests of their clients and to help them to choose a career.

The strong interest inventory test helps people match their interests with potential career, educational, and leisure activities by using their preferences in different areas.

Read related link on:

brainly.com/question/11673177

5 0

2 years ago