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Blizzard [7]
2 years ago
5

What was the opening price of Dow Jones Industrial Average on Feb 08, 2019 in the format of XXXXX.XX?

Business
1 answer:
KengaRu [80]2 years ago
7 0

The opening price of the Dow Jones Industrial Average on Feb 08, 2019 was 25169.53.

<h3>What was the Dow Jones Industrial Average?</h3>

On Feb 08, 2019, the Dow Jones Industrial Average opened at a price of 25169.53 which was the closing price on February 07.

At the end of the day, the value had decreased to a price of 25106.33 to show that the market at the time was bullish.

Find out more on the Dow Jones Industrial Average at brainly.com/question/20597999.

#SPJ1

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A corporation purchased a piece of land for $50,000. The corporation paid attorney's fees of $5,000 and brokers' commissions of
larisa86 [58]

To find the total cost of the land is $65,000.

<h3>What is a corporation?</h3>
  • A corporation is a business or other type of organization that has been established by a group of people and has been given legal status as a single juridical person by virtue of a treaty, statute, or other act that has been passed by a state or supranational organization.
  • It can be a private or public law legal entity that is recognized in law for specific purposes.
  • 10 Early corporations were created with a charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature).
  • The majority of governments currently permit the registration of new corporations.
<h3>What are attorney fees?</h3>
  • Attorney's fee is a word used mostly in the United States to describe payment for legal services rendered by an attorney on behalf of a client, whether in or out of court.
  • It could be a flat-rate, hourly, or contingent charge.

<h3>Solution -</h3>

To find the total cost of the last, add all the numbers as follows:

50000+5000+3000+1500+6000 = 65,500

Subtract proceeds from the scalp = 65,500 - 500 = 65,000

Therefore, to find the total cost of the land is $65,000.

Know more about legal entities here:

brainly.com/question/14037572

#SPJ4

5 0
2 years ago
FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year: Beg
klemol [59]

Answer:

a. Ending inventory under FIFO = $1,071,000

b. Ending inventory value under LIFO = $1,036,500

Explanation:

The data are merged together in the question and they are first separated before the questions are answered as follows:

Beginning inventory: 8,400 units at $200

Sale: 5,500 units at $300

First purchase:  14,500 units at $205

Sale: 13,400 units at $300

Second purchase: 15,500 units at $210

Sale: 14,400 units at $300

Number units available for sale = 8,400 + 14,500 + 15,500 = 38,400 units

Number of units sold = 5,500 + 13,400 + 14,400 = 33,300 units

a. What is the total cost of the ending inventory according to FIFO? Round your answer to the nearest dollar. $ 3,255,000 X

Since second purchase is 15,500 units and last sales is 14,400, the 5,100 closing stock must be from the last purchases. Therefore we have:

Ending inventory under FIFO = 5,100 * $210 = $1,071,000

b. What is the total cost of the ending inventory according to LIFO?

Beginning inventory balance after first sale = 8,400 - 5,500 = 2,900

Second sale distribution = 100% from first purchase = 13,400

First Purchase balance = 14,500 - 13,400 = 1,100

Third sale distribution = 100% from second purchase = 14,400

Second Purchase balance = 15,500 - 14,400 = 1,100

Ending inventory value under LIFO = (2,900 * $200) + (1,100 * $205) + (1,100 * $210) = $1,036,500

4 0
3 years ago
What are payroll taxes?
Brut [27]

Answer:

This is all the information I could find.

5 0
3 years ago
Looking outside the organization to examine what industry competitors and excellent "performers" outside of your industry are do
Agata [3.3K]

Answer:

c) External benchmarking

Explanation:

This is a commonly known and spread out form of competition analysis, where a company examines the good practices of other companies. Benchmarking is a great way to see the actual industry trends and determine the next action plan. Although it may be deemed as "copying" sometimes, benchmarking is the only method to properly assess competition.

8 0
3 years ago
lmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one mode
Zarrin [17]

Answer:

The productivity in sales revenue/labor expense: 3.49

Explanation:

Total sales (revenue) = Sale price per unit x Units sold = $1,710 x 1,231 = $2,105,010

Total labor expense = Total labor hours x Wage rate = 46,453 x $13 = $603,889

The productivity in sales revenue/labor expense is calculated by ussing following formula:

The productivity in sales revenue/labor expense = Total sales/Total labor expense = $2,105,010/$603,889 = 3.49

That means for every dollar lmaster puts into labor, the company potentially makes $3.49 in sales revenue

8 0
3 years ago
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