1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alisha [4.7K]
3 years ago
10

Last year, which is used as the base year, a firm had cash of $52, accounts receivable of $223, inventory of $509, and net fixed

assets of $1,107. This year, the firm has cash of $61, accounts receivable of $204, inventory of $527, and net fixed assets of $1,216. What is the common-base year value of inventory?
A..67
B..91
C..88
D.1.04
E.1.18
Business
1 answer:
nekit [7.7K]3 years ago
3 0

Answer:

D.1.04

Explanation:

The computation of the common-base year value of inventory is shown below:

= Current year inventory value ÷ Last year inventory value

= $527 ÷ $509

= 1.04

Simply we divide the current year inventory value by the last year inventory value so that the common-base year value of inventory could come

All other information is not relevant.

You might be interested in
In July 2007 The Wall Street Journal (WSJ) reported that a growing shortage of skilled labor in Eastern European countries such
andrey2020 [161]

Answer:

D) rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.

Explanation:

Two important factors must be considered:

  1. wages in western European nations are still much higher than those in eastern European nations
  2. workers that come from member countries of the European Union may travel freely and work in any country that they can and that belongs to the European Union.

As long as the wages in western European countries continue to be higher and European workers can establish themselves in those counties, the supply of workers will continue to flow from poorer eastern European countries to richer western European countries.

rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.

4 0
3 years ago
Scenario: Technological Progress and Productivity Growth in Techland In Techland, from 1980 to 2010, holding technology and huma
andre [41]

Answer:

The growth of the real GDP per capita was 7.18%

Explanation:

It is important to establish that:

Future Value = Present Value × ((1 + r)^t), given that <em>r</em> is the <em>interest rate</em> and <em>t</em> is the <em>time period</em>  

Real GDP per worker increased from $40,000 to $320,000 in 30 years    

Therefore, we have;

320000 = 40000*(1+r)^30    

(1 + r)^30 = 8    

1 + r = 8^1/30    

1 + r = 1.0718    

r = 0.0718 = 7.18%

8 0
3 years ago
Short Corporation acquired Hathaway, Inc., for $33,520,000. The fair value of all Hathaway's identifiable tangible and intangibl
sp2606 [1]

Answer:

$0

Explanation:

The computation of the annual amortization for goodwill is shown below:

As we know in the case of goodwill, the impairment test is to be done on periodic basis and if there is any fall in the value so the same is to be reported as the impairment loss

So for goodwill, no amortization is to be done

hence, the annual amortization is zero

4 0
3 years ago
A(n) ____ is a separate, small, informal, highly autonomous, and often secretive group that focuses on breakthrough ideas for th
saveliy_v [14]
A skunkwork is a separate, small, informal, highly autonomous, and often secretive group that focuses on breakthrough for the business.
5 0
3 years ago
Epa rules require capture of 80% of the refrigerant from a small appliance sealed system with a non-operating compressor if tech
ki77a [65]
Epa rules require capture of 80% of the refrigerant from a small appliance sealed system with a non-operating compressor if technicians are using: <span>Self-contained (active) process. </span>This requirement makes it easier for the technicians to install a safe and environmentally friendly product for the customer and speed up the time of the procedure.
3 0
3 years ago
Other questions:
  • _____ are popular with large organizations such as Coca-Cola and Sears. Instead of creating individual Web sites for each locati
    7·2 answers
  • Seaside Developments Inc. has $200,000 of no par value 4% cumulative preferred shares, and 12,000 shares of no par value common
    14·1 answer
  • Why are free market economies able to grow?
    14·1 answer
  • he country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value of its curr
    15·1 answer
  • Williamson Industries has $7 billion in sales and $2 billion in fixed assets. Currently, the company's fixed assets are operatin
    14·1 answer
  • In the 1850s the French franc was valued by both gold and silver, under the official French ratio which equated a gold franc to
    14·1 answer
  • A point inside the production possibilities curve represents -
    11·1 answer
  • Rhone-Metro Industries manufacturers equipment that is sold or leased.
    9·1 answer
  • Peng Company is considering an investment expected to generate an average net income after taxes of $1,950 for three years. The
    9·1 answer
  • What is the first step to creating a winning value proposition?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!