The cost of goods sold for the Askew Company for the year ending June 30, 2021 is $233,000.
Using this formula
Cost of goods sold=Beginning Inventory+ Net purchases- Ending Inventory
Where:
Beginning Inventory=$32,000
Net purchases=($240,000-$6,000-$10,000+$17,000)=$241,000
Ending Inventory=$40,000
Let plug in the formula
Cost of goods sold=$32,000+$241,000-$40,000
Cost of goods sold=$233,000
Inconclusion the cost of goods sold for the Askew Company for the year ending June 30, 2021 is $233,000.
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Solution:
Given Information,
Heat input is ( 
) = 5.5 × 
Btu/h
Combustion efficiency of the boiler (
) = 0.7
Combustion efficiency after turn up (
) = 0.8
Operation Hour (t) = 5200h
Unit cost (c) = 
Calculate heat output from the boiler 
= x
= 5.5 x x 0.7
= 3.85 x Btu/h
Calculate the heat input to the boiler after the tune-up
= / 
= 3.85 x / 0.8
= 4.8125 x Btu/h
Calculate the saved energy after the tune-up
= -
= 5.5 x - 4.8125 x Btu/h
= 0.6875 x Btu/h
Calculate the annual energy saving ( 
)
= x t
= ( 0.6875 x Btu/h ) ( 5200 hr/yr)
= 3575 x Btu/h
Calculate the annual cost saving
Annual cost saving = 
x Unit cost
= 3575 x Btu/h x
= 82225
Answer:
1 ----> Matches with ----->C
2 ----> Matches with ----->D
3 ----> Matches with ----->B
4 ----> Matches with ----->A
Explanation:
This question is very easy and interesting. In this question, we just need to match the specific empires with the description given in the question. So, Let's Start.
1. The first description matches with the Dutch Empire. (C)
2. The second description matches with obviously the French Empire (D)
3. The third description matches with the English Empire. (B)
Lastly,
4. The forth description clearly matches with the Spanish Empire. (A)
So, Correct Combination will be:
1 ----> Matches with ----->C
2 ----> Matches with ----->D
3 ----> Matches with ----->B
4 ----> Matches with ----->A
Answer:
No of stock = 1100
Price of Stock = 29
Short sale = 31900
Initial Margin % = 55%
Initial Margin = 17545
Total value = 49445
The earnings of the sale is 31900, which is deposited in our account for a total account value of $49,445 (31900+55%)
Maintenance Margin = 40%
Margin Call Value = 49445/ (1+0.4)
Margin Call Value = 35317.86
Price per share = 35317.86 / 1100
Price per share = 32.11
So a margin call will be triggered when the price of the shorted security rises to $32.11
Margin Call Price = 32.11
Account Equity = 32.11*1100
Account Equity = 35318
