Answer:
d. money a company shares with the stockholders
Explanation:
A dividend is money a company shares with the stockholders.
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Answer:
49.6 days
Explanation:
The average inventory days outstanding is an example of an activity ratio. Activity ratios measures the efficiency with which comapnies carry out their daily tasks
The average inventory days outstanding = number of days in a period / inventory turnover
inventory turnover = cost of goods sold / average inventory
Average inventory = (6,852 + 7,036 ) / 2 = 6944
$51,098/ 6944 = 7.365
365/ 7.365= 49.6 days
Answer:
c.$186 million
Explanation:
Calculation to determine what the inventory account for cast is
Using this formula
Inventory account for cast =Sales - Gross profit/Inventory turnover ratio cast
Where,
Sales=$1,200 million
Gross profit=$270 million
Inventory turnover ratio cast =5x
Let x be the inventory account for cast
Let plug in the formula
5x=$1,200 million-$270 million
5x=$930 million
x=$930 million/5
x=$186 million
Therefore the inventory account for cast is $186 million
Answer:
The right answer will be "FASB ASC 820".
Explanation:
- FASB ASC 820 offers a fair market value structure for evaluating financial reports transactions, addresses appropriate valuation methodologies, addresses estimation methods inputs, and defines an accrual accounting hierarchy something which prioritizes inputs.
- It needs detailed information about the value of program assets in the financial statements.