Answer:
$30,600
Explanation:
Under FIFO method, units that are purchased first are sold first.
Given:
Beginning inventory = 9,200 units @$8
Purchases in June = 9,300 units @7.6
Purchases in November = 5,100 units @6
Closing inventory as on December 31 was 5,100 units.
Since the company follows FIFO method of inventory valuation, beginning and purchases made in June are sold first. Remaining 5,100 units purchased in November are not sold as they are left unsold at the time of closing.
So December 31 inventory is computed as 5,100 × 6 = $30,600
Answer:
Year 1 = $387
Year 2 = $516
Explanation:
Loan has been granted on 1 April in Year 1 i.e. for a period from 1 April to 31 December = 9 months.
Interest for year 1 @6% = $8,600 X 
= $387
Interest for year 2 will be from 1 January to 31 December =
$8,600 X 
= $516
Therefore interest revenue to be reported by Rosewood Company will be as follows
Year 1 = $387
Year 2 = $516
Answer: sinking fund
Explanation: In simple words, it refers to the method under which then organisation set aside a fund for the repayment of this debt over the years.
Under this method, the organisation is setting aside 10 percent every year so that there will be no heavy load on the organisation at the end of the tenure.
Hence from the above we can conclude that the given case depicts sinking fund.
Answer: Define metrics to assess project progress and identify project-related risks
Explanation:
If Zona Pharmaceuticals decide to implement an enterprise resource planning management system in order to support product innovation and also to reduce the time to market a set of new products, the best way to avoid a failed enterprise system implementation is to define metrics in order to assess project progress and also identify project-related risks.
By defining metrics, this will show the progress of the project as the firm can see if the project is going according to plan and hasn't deviated from the goal. It is also vital to check any project related risks.
Answer:
A. True
Explanation:
In the starting of the twentieth century, the only stock in which an individual invest is the stocks and the bonds but today there is a lot of different type of investment choices who provides the better return. Accprding to the demand of the investor there are various options available for invest
Hence, the given statement is true
