Answer:
$13.89
Explanation:
The computation of the value of stock is shown below:
Year Dividend Present value factor at 16% Present value
1 $1.90 0.862 $1.64
2 $2.10 0.743 $1.56
3 $2.30
Price $14.375 0.743 $10.68
The price is computed below:
= $2.30 ÷ 16% = $14.375
Total present value $13.89
The present value factor is computed below:
= 1 ÷ (1 + rate) ^ years
For Year 1 = 1 ÷ 1.16^1 = 0.862
For Year 2 = 1 ÷ 1.16^2 = 0.743
Answer: $13,580
Explanation:
The ending balance of the Work in Process:
= beginning Work in Process inventory + direct materials + direct labor + factory overhead - transferred out of the department
= $11,300 + $77,300 + $25,300 + $15,180 - $115,500
= $13,580
Therefore, the ending balance of the Work in Process Inventory account for the Fabricating Department is $13,580.
Answer:
The correct answer is letter "B": record revenue only after you have earned it.
Explanation:
Revenue Recognition is an accounting term that describes how and when a company reports revenue in its ledger. It is also part of the Generally Accepted Accounting Principles (GAAP). Using the accrual accounting method, revenue must be recorded when it is earned not when the company collects the cash proceeding.
1. The revision with the best paragraph coherence is Revision 3.
- Paragraph coherence ensures that each paragraph flows smoothly from the previous one to the next through the use of paragraph transitions.
2. The most appropriate transitions in the following paragraphs which promote paragraph coherence are as follows:
- a. Unfortunately, 90%
- b. Though
- c. Therefore,
- d. However,
- e. Nevertheless,
- Paragraph transitions are achieved using conjunctive adverbs and phrases, as given above.
3. The technique that helps to control the length of paragraphs is c. <em>Develop shorter sentences.</em>
Thus, coherent paragraphs support and develop the main topic, idea, or theme of the passage with evidence and examples.
Read more about paragraph coherence at brainly.com
