Answer:
Authentication
Explanation:
Authentication involves the process of verifying the identity of a device or person. Authentication is necessary in order to allow only the authorized person have access to a place, a device or a thing.
Authentication types includes;
- Continuous authentication
- Digital authentication
- Project authentication
Answer:
Indicating whether the expenditure should be capitalized or expensed in the period incurred:
a. Improvement = capitalized
b. Replacement of a minor broken part on a machine = expensed
c. Expenditure that increases the useful life of an existing asset = capitalized.
Explanation:
The expectation of costs producing an economic benefit beyond the current year or within the normal course of an operating cycle determines whether to capitalize or expense the costs. When an item of expenditure is capitalized, it means that the expense recognition is delayed. When the cost is expensed, it is treated as an expense in the income statement, whereas a capitalized cost is taken to the balance sheet, with only the depreciation expense portion recognized as expense for the period.
Answer:
YTM = 4%
Explanation:
Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s)
IOU (IOU) 6 Apr 19, 2034 111.44 ? 1,851
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<u>Determine the yield to maturity </u>
YTM = Rate * 2
years to maturity = 2034 - 2018 = 16 years
NPER = 2 * 16 = 32
PMT = ( face value * coupon rate ) / 2 = ( 2000 * 6% ) / 2 = 60
price of coupon ( PV ) = 2000 * 111.44% = 2228.8
Rate = 2% ( excel function : RATE(32,60,-2228.8,2000)
hence YTM = 2% * 2 = 4%
Answer:
The value of the inventory on hand is $210
Explanation:
Inventory on hand / purchased;
June 1 - 15 units at $12
June 5 - 10 units at $13
June 12 - 20 units at $14
total units on hand = 45 units
Sale - 30 units sold
units left on hand 15.
Since there are only 15 units left on hand, and the $12 and $13 inventory units have all been sold since they were in first before the inventory purchased on June 12 the value of the inventory on hand is 15 x $14 = $210.
Answer:
See below
Explanation:
A. Cost of goods manufactured
Beginning work in process
$18,000
Add: Beginning raw materials
$26,000
Raw material purchases
$73,000
Less: Ending raw material
($22,000)
Add: direct labor cost
$93,000
Add: manufacturing overhead cost applied
$43,100
Less: Ending work in process
($11,000)
Balance
$220,100
B. Schedule of cost of goods sold
Beginning finished goods
$49,000
Add: cost of goods manufactured
$220,100
Less: Ending finished goods
($57,000)
Unadjusted COGS
$212,100
Add: Under applied MOH
$1,100
Adjusted COGS
$213,200