Answer:
$46,000
Explanation:
Note: The balance sheet is shown in the attachment. Kindly find it below:
The computation of the cost of goods sold expense is shown below:
Cost of goods sold = Opening inventory + Purchase - ending inventory
where,
Opening inventory = $22,000
Purchase = $42,000
And, the ending inventory is $18,000
So, the cost of goods sold is
= $22,000 + $42,000 - $18,000
= $46,000
Basically we applied the above formula to find out the cost of goods sold expense in 2014
Modern iq tests have a mean of 100 and a standard deviation of 15.
Hope this helped. Have a good day! :D
Answer:
The Annual dividend amount is: $36.75 x 2.3% = $0.85
Explanation:
The dividend yield is the ratio of a company's annual dividend compared to its share price. The calculated formula of dividend yield as follows:
Dividend Yield =
Annual Dividend / Share Price
Hence, Annual Dividend = Share Price x Dividend Yield
Answer:
The correct answer is 10 chips.
Explanation:
A person is eating chips. Initially, the marginal utility is very high, but after 10 chips it starts declining. It declines till 49 chips and after that it becomes negative.
We see that the marginal utility derived from the consumption of chips start to decline after consuming 10 chips.
This implies that marginal utility is being maximized at the consumption of 10 chips.
So the utility-maximizing quantity of chips is 10 chips.
I think the correct answer for this would be enchancement
