Answer:
$7,815
Explanation:
As per Perpetual LIFO inventory valuation method the inventory purchased at last will be sold first and the value of ending inventory can be calculated as follows. The inventory sold has been deducted from the purchased inventory in that period first and then has been deducted from the previous period to arrive at the cost of ending inventory;
January: 8 units x $180 = $1,440
February: 20 units x $185 = $3,700
May: 11 units x $190 = $2,090
September: 3 units x $195 = $585
Cost of Ending Inventory of 42 units is $7,815
Answer:
Staffing expense
Explanation:
Staffing expense had the higher percentage growth rate
(233/267) × 100 = 87.265917603
(1266/1411) × 100 = 89.7236002835
Answer:
(a)
merchandise inventory 6000(DR)
Derek Capital 4000(CR)
hailey Capital 2000(CR)
cash 48000(DR)
Ben capital 130000*30% 39000(CR)
Hailey, Capital (48000-39000)*1/3 3000(CR)
Derek, Capital (48000-39000)*2/3 6000(CR)
(b) DR CR
Derek, Capital 75000(DR)
Kacy, Capital 75000(CR)
1/2 of 150000 = 75000
Answer: 40.8824 million
Explanation:
From the question, we are informed that Dye Trucking raised $290 million in new debt and used this to buy back stock and that after the recap, Dye's stock price is $8.5.
If Dye had 75 million shares of stock before the recap, the number of shares that it'll have after the recap goes thus:
The number of shares repurchased is:
= $290million/$8.5
= 34,117,647
= 34.1176 million
Shares after the recap will now be:
= 75 million - 34.1176 million
= 40.8824 million