Answer:
$241,500
Explanation:
Calculation for What amount should Sunland report as its December 31 inventory
December 31 inventory per physical count $190,500
Add Goods-in-transit purchased FOB shipping point $29,000
Add Goods-in-transit sold FOB destination $22,000
December 31 Inventory $241,500
($190,500 + $29,000 + $22,000 = $241,500)
Therefore What amount should Sunland report as its December 31 inventory is $241,500
Answer:
The overview of the statement is summarized below.
Explanation:
- The capital structure seems to be the ratio of net required by investors toward about there capital expenditure. Investment return capital spending seems to be the return rate required for expenditure.
- Returns required by financial institutions are much worse than the amount of capital, even before investors necessitate a reasonable level of profitability.
The accrual-based income statement superior to a cash-based income statements in measuring profitability because It reports the expenses incurred in generating the revenues regardless of when the cash was paid.
What distinguishes the accrual basis of accounting from the cash basis of accounting?
When money is received or spent, it is recorded as revenue using the cash foundation of accounting. When using the accrual basis of accounting, revenues are recorded as they are earned and expenses as they are incurred.
What is an income statement with an accrual basis?
Accounting on an accrual system records revenue and corresponding costs as they are incurred, rather than when money is exchanged. Accordingly, businesses report revenue when it is earned rather than when it is received.
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Answer:
Let Lt = Loan in period t , t= 1...4
It = Investment in period t, t= 1...4
These are the decision variables
The objective is to maximize the net income which is the difference between Loan and investment in period 4
Investment income in period 4 = 110% of I4 = 1.1I4
Expense and loan in period 4 = 1.085 L4
So,
Maximize Z = 1.1I4-1.085 L4
Constraints
L1<= 3000
I1<= 4500
L1-I1= 100( Payroll payment)
L2<= 7000
I2<= 8000
L2+1.1I1-1.085L1-I2=120
L3<=4000
I3<= 6000
L3+1.12I2-1.085L2-I3=150
L4<=5000
I4<=7500
L4+1.13*I3-1.085L3-I4=100
1.10I4-1.085L4>=0
Lt, It>=0
Putting this in excel sheet,
See remaining part in pictures attached.
Explanation:
See pictures attached.