Answer:
the numbers are missing, so I looked for a similar question:
- Investment in the business $17,010
-
Borrow cash $7,620
- Purchase equipment $8,300
-
Revenues earned $298,600
- Expenses incurred $210,900
- Dividends $15,000
since there is not enough room here, I used an excel spreadsheet. I assumed all sales were on cash and all expenses were also paid using cash.
Answer:
Answer of the question :
"For the final piece of your Portfolio Project, you will reflect upon the course and how it directly relates to your future workplace. This reflection will be delivered as a Word document 1-2 pages in length. For this reflection: a) Analyze the importance of this project to your future career. b) In your own words reflect on how this project meets the Program and Institutional outcomes as stated on the first page."
is explained in the attachment.
Explanation:
On behalf of a client, you enter an order to write 5 ABC Jan 30 puts. this order is Opening to sell.
A customer is a person who purchases products or services from a company, and a customer refers to a specific type of customer who purchases professional services from a company. In general, customers buy products and customers buy advice and solutions.
A client is someone who buys goods or pays for services. Businesses and other organizations can also be customers. Unlike Customers, Customers typically have a contract or relationship with a Seller. For example, when you buy coffee at a station cafe, you are the customer.
Learn more about Opening to sell at
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Answer:
the number of years for triple the money is 15.74 years
Explanation:
The computation of the number of years for triple the money is shown below:
Here we used the NPER which is
Given that
RATE = 7% ÷ 12 = 0.58333%
Assuming
Present value be $1,000
And, future value be $1,000 × 3 = $3,000
PMT = $0
The formula is shown below:
= NPER(RATE;PMT;-PV;FV;TYPE)
The present value comes in positive
After applying the above formula
The number of years is
= 188.8833850497 ÷ 12
= 15.74 years
hence, the number of years for triple the money is 15.74 years
Answer:
Question 1
b. $100,000
Question 2
(a) Goods held on consignment from another company.
Explanation:
Question 1
Calculation to determine what the cost of the ending inventory under LIFO is
Using this formula
Cost of the ending inventory =(Inventory, Jan. 1 Units*Cost )+[(Dec 31 Units on hand- Inventory, Jan. 1 Units)*Purchase, June 19 Cost ]
Let plug in the formula
Cost of the ending inventory =(8,000 * $11) + (1,000 *$12)
Cost of the ending inventory =$88,000+$12,000
Cost of the ending inventory =$100,000
Therefore the cost of the ending inventory under LIFO is $100,000
Question 2
GOODS HELD ON CONSIGNMENT FROM ANOTHER COMPANY should NOT be included in the PHYSICAL INVENTORY of a company but rather be included in the inventory of the sender of the goods which is the CONSIGNOR.
