Answer:
present worth = $7380
Explanation:
given data
initial cash flow = $23,000
geometric gradient = 2%
interest rate i = 10% per year
time period = 5 year
solution
we get here present worth cost that is
present worth = initial cash flow × 
......................1
put here value and we get
present worth = $23,000 × 
present worth = $23,000 × 0.32087
present worth = $7380
I think being a dective would be because i like to search for things and figure out what and why it happened
This statement is false.
Conversion and direct materials are generally both not added at the end of the production process. As a matter of fact, they are either added at the beginning, or in the middle of the process, but definitely not at the end because then it would be too late.
Answer:
$2,857
Explanation:
Cost of goods sold (COGS) refers to the relevant cost incurred to acquire or produce the products being sold a company during a particular period.
The formula for calculating the COGS is as follows:
COGS = Beginning inventories + Purchases - Ending inventories
From the question, we have the following for 2012:
Beginning stock = $590
Purchases = $2,770
Ending inventory = 503
Therefore, we have:
COGS for 2012 = $590 + $2,770 - $503 = $2,857
Therefore, Jacob should record $2,857 as Cost of Goods Sold (COGS) on its 2012 income statement.
I don’t understand the question
