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3 years ago

Power users often work with ______ because of its flexibility and capabilities.

1 answer:

3 0

<span>Power users often work with UNIX because of its flexibility and capabilities.

UNIX is a widely spread and used operating system. UNIX is a brand that was set up as an operating system to help multi stream and multi operate many channels at once for the organization and their customers.

</span>

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Sackett Corporation had a beginning inventory of 10,000 units, which were purchased in the prior year as follows: Units Unit Pri

Strike441 [17]

Answer:

Sackett’s ending inventory is $16000

Explanation:

given data

Units Unit Price

September 4,000 $2.00

October 4,000 $2.10

December 2,000 $2.30

to find out

FIFO method what is Sackett’s ending inventory

solution

we know here that unit sold = 16000 units

available for sale = 22000

so ending inventory = 22000 - 16000

ending inventory = $6000

unit included 6000 is latest purchase are

so November purchase 5000 @ 2.7 is = $13500

and June purchase 1000 @ 2.5 is = $2500

so total will be = $13500 + $2500

total = $16000

7 0

3 years ago

Nov. 5 Purchased 850 units of product at a cost of $10 per unit. Terms of the sale are 3/10, n/60; the invoice is dated November

pickupchik [31]

Answer: Please see explanation column for answer

Explanation: A perpetual inventory system maintains inventory balances ensuring that records are continually made immediately when purchases or sale are made together with any returns which are recorded in inventory accounts.

To record purchase of merchandise

Date Account Debit Credit

Nov 5 Merchandise Inventory $8500

Accounts payable $8,500

To record return of merchandise purchased

Nov 7 Accounts payable $300

Merchandise Inventory $300

To record payment of inventory

Nov 15 Accounts payable $8,200

Cash $7,954

Merchandise Inventory $246

Calculation =

Nov 5 - Cost of merchandise purchased = No of units x unit price = 850 x 10 =$8500

Nov 7 - Cost of merchandise returned = No of units returned x unt price = 30 x 10 = $300

discount received = Balance from accounts payable x discount rate = (8,500- 300) x 3%= 8200 x 0.03= $246

Cash = Accounts payable - Merchandise Inventory = $8200 - 246 =$7984.

4 0

3 years ago

What is the expected impact of increased security measures imposed by the federal government on airlines and consumers? Instruct

Kipish [7]

Answer:

It will increase price for consumers, as well as cost for airlines (due to increased demand & supply)

Explanation:

Markets are at equilibrium when market demand = market supply.

If federal government imposes more safety measures on airlines & consumers. Cost for airlines rise due to increased security expenditures, so supply decreases (shifts leftwards). Customers might feel safer amidst more personal & organisational security measures, so demand increases (shifts rightwards).

Both these factors lead to increase price for consumers, as well as cost for airlines

3 0

4 years ago

Hollywood shoes would like to maintain their cash account at a minimum level of $51,000, but expect the standard deviation in ne

Svet_ta [14]

1> $55,100

2>$72,328.32

3>$111,859.83

4>$74,575.50

3 0

3 years ago

Bassett Fruit Farm expects its EBIT to be $377,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.3 p

skelet666 [1.2K]

Answer:

$1,729,098

Explanation:

Given that,

EBIT = $377,000

No debt.

Cost of equity = 13.3 percent

Tax rate = 39 percent

Value of issuing bonds at par = $2.7 million

Coupon rate = 6.5%

Therefore,

Unlevered value of the firm:

= [EBIT × (1 - Tax rate)] ÷ Cost of equity

= [$377,000 × (1 - 0.39)] ÷ 0.133

= $229,970 ÷ 0.133

= $1,729,098

4 0

3 years ago