a meeting of people face to face. most of the time when you are in an interview you are applying for a job :)
Answer:
net purchases = $374,400
cost of goods purchased = $391,500
Explanation:
net purchases = total purchases - purchase returns and allowances - purchase discounts = $392,500 - $11,900 - $6,200 = $374,400
cost of goods purchased = net purchases + freight in costs = $374,400 + $17,100 = $391,500
Answer:
$12.60
Explanation:
The computation of the current value of the stock is shown below:-
= $1.40 × (1.08) ÷ 1.16 + 1.40 × (1.08)^2 ÷ (1.16)^2 + 1.40 × (1.08)^3 ÷ (1.16)^3 + 1.40 × (1.08)^3 × (1.03) ÷ (0.16 - 0.03) × (1.16)^3
= $1.3034 + $1.2136 + $1.1299 + $8.9520
= $12.60
Therefore for computing the current value of stock we simply solved the above equation.
Answer:
The correct answer is letter "B": equity multiplier.
Explanation:
The Equity Multiplier is a simple proportion used to calculate the financial leverage of the company. <em>The Equity Multiplier ratio is calculated by dividing the total assets by total equity</em>. When the company purchases major assets it can fund such acquisitions through debt or stock issuance. A high Equity Multiplier indicates that the company used more debt than equity to finance its purchases of assets.