Answer:
Instructions are listed below.
Explanation:
Giving the following information:
For specific identification, ending inventory consists of 390 units, where 370 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.
We weren't provided with enough information to answer the requirement. But, I can give you the answer using simulated numbers.
<u>Under specific identification, the company calculates the ending inventory and cost of goods sold with the exact units that were sold or remain in inventory.</u>
For example:
Beginning inventoy= $15 per unit
Jan. 30: $17 per unit
Jan. 20: $16 per unit
Ending inventory= 370*17 + 5*16 + 15*15= $6,595
Answer:
Hence, The division's return on investment (ROI) is closest to 32.7%
Explanation:
Return on Investment : It show a ratio between net operating income and average operating assets so that company get to know how much the return is available during a period.
The formula to compute return on investment is shown below:
= Net operating income ÷ Average operating assets
= $1,141,700 ÷ $3,495,000
= 32.7%
Since the total sales and require rate of return is irrelevant while computing the ROI. So, it would not be considered in computation part.
Hence, The division's return on investment (ROI) is closest to 32.7%
will calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one As opposed to simple interest and Interest is the cost of borrowing money and Conversely compound interest
hope this helps
Answer:
$375
Explanation:
A stock you own earned: $200, $500, $100, and $700 over the last four years.
We need to find the annual gain in value over the four years. We know that,
Mean = sum of observations/total no. of observations
Put all the values,
So, the required mean annual gain is equal to $375.
Answer:
money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.
Explanation:
Punitive damages are money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.
In litigations, the amount of money awarded by a court of competent jurisdiction to punish a defendant for a crime committed or such wrongdoings (gross and wanton negligence) and by extension serves as a deterrence to others is known as a punitive damage.
