So you start with a 88.1%.
Here is how I figure it...
If you get a 15 out of 15 on an assignment, that would be a 100% for your assignment grade.
You take 100% and add it to your 88.1% and you get 188.1%. That doesn't seem reasonable for a grade though does it...
So you take that 188.1% and you divide it by 2 (divide it in half) and you get 94.05%.
So if you get 15 out of 15 on your assignment your grade will go up to a 94.05% as I figure.
Word problem:
15 out of 15= 100%+88.1%= 188.1%÷2= 94.05%
Your final grade as I figure would be a <em><u>94.05%</u></em>
Answer:
Dr retained earnings($21,600+$15,800) $37,400.00
Cr accumulated depreciation $21,600
Cr inventory $15,800
Explanation:
The errors that require adjustment are the overstatement and understatement of depreciation expense as well as the December 2021 overstatement of inventory.
The understatement of inventory in 2020 would have self-corrected itself in 2021 since closing inventory in 2020 deducted from costs of goods available for sale would be introduced as opening inventory in 2021.
net effect of depreciation=understatement -overstatement=$37,500-$15,900=$21,600.00
hence retained earnings would reduce by $21,600.00
for the overstatement of inventory,retained earnings would reduce by $15,800
Some non-monetary costs of attempting to eliminate risks a are time costs, search costs, and psychological costs .
Non-Monetary cost is a cost which a buyer pays other than money, to acquire a thing.The non-monetary price of acquiring a product comprises the time spent looking for it and the risk taken that it will provide the desired benefits.
Non-monetary costs are another type of sacrifice that customers feel when they purchase and use a service. When deciding whether to purchase a service or repurchase it, time costs, search costs, and psychological costs are frequently taken into consideration and may occasionally be more significant considerations than monetary price.
The psychological expenses associated with receiving these services are the most distressing non-monetary charges. Fear of rejection (bank loans), fear of not understanding (insurance), and worry of uncertainty (including fear of high cost) are all examples of fears.
To learn more about non-monetary costs here
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Answer:
$8 million
Explanation:
Weighted-average cost = [(4,000,000 × $22) + (2,000,000 × $25)] ÷ (4,000,000 + 2,000,000) = $23
Increase in paid-in capital - share repurchase per share = selling price —Weighted-average cost = $27 - $23 = $4
Amount of increase in paid-in capital—share repurchase = Number of treasury shares × $4 = 2 million × $4 = $8 million
Therefore, Cox’s paid-in capital - share repurchase will increase by $8 million.
