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Elenna [48]
3 years ago
11

Taking a physical count of inventory

Business
1 answer:
Inessa05 [86]3 years ago
5 0

Answer:

Taking a physical count of inventory  :

d.should be done near year-end.

Explanation:

Taking physical inventory is necessary for any business because it allows taking pertinent actions to start the next year, also for tracking the inventory as every item should be counted. It helps to know what happens with every article, for example, if there are any losses (damaged goods, stolen or miscounted).

It is helpful to detect items that are about to expire or become obsolete so the company can sell them, and don’t lose money, by using a marketing strategy and then renew/supply the store.

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Which of the following is an advantage of a sole​ proprietorship?
Y_Kistochka [10]
Some of the advantages of sole proprietorship
1. efficient decision making, by owner only
2. easy to set up, minimal cost, minimal fuss
3. low fixed cost (overhead), could be a home-office

I might have missed others, you could figure them out from the options
4 0
3 years ago
Carlos drives to oregon to consult with a client. he works for 1 day and spends 3 days enjoying oregon since the consultation wa
Assoli18 [71]

Answer:

Explanation:

You are able to deduct expenses that are directly related to the business travel.

He can deduct the entire 175 for driving, since he would need to do that no matter if he stayed longer or not. Staying longer doesn't add any extra cost.

He can deduct lodging that covers the amount of time dedicated to business so of the 600 he can deduct 1/4 or $150 since only 1 of the 4 days was business related.

And the $50 for food for the day he spent on business

7 0
2 years ago
The production era marked a time when companies were able to increase their profits because they were able to decrease their pro
ollegr [7]

Answer:

true

Explanation:

it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall

3 0
3 years ago
Sylvia's Housecleaning Service provides housecleaning services to its clients. The company uses an activity-based costing system
nataly862011 [7]
The answer is c , assume compan used traditional costing stystem
5 0
3 years ago
Suppose Simmons' common stock has a beta of 1.37, the risk-free rate is 3.4 percent, and the market risk premium is 8.2 percent.
rjkz [21]

Answer:

The WACC of the firm is 11.91%

Explanation:

The WACC or weighted average cost of capital is the rate of return that a business is expected to pay to all of its security holders- bonds, common stock, preferred stock- or is the cost of capital for the business.

To calculate the WACC, we use the following formula,

WACC = D/A * (1-tax rate) * rD  +  E/A * rE

Where,

  • D/A and E/A is the weightage of debt and assets as a proportion of total assets
  • rD * (1-tax rate) is the after tax cost of debt
  • rE is the cost of equity or required rate of return on equity

We first need to calculate the required rate of return on equity (r). We will use the CAPM formula for r.

r = 0.034 + 1.37 * 0.082

r = 0.14634 or 14.634%

The total assets are equal to,

Assets = Debt + Equity

If for every $1 of equity, there is $0.45 of debt as given by debt-equity ratio.

Then,

Assets = 0.45 + 1    

Assets = $1.45

WACC = 0.45/1.45 * (1-0.23) * 0.076  +  1/1.45 * 0.14634

WACC = 0.11908 or 11.908% rounded off to 11.91%

7 0
3 years ago
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