Answer:
less than $60 per share
Explanation:
A put option is the money when the exercise price is greater than the asset price, thus the put has to be less than $60
Long-term: this is when you have a family and kids probably. You should still go on walks, hikes or runs. Stay in shape.
Mid-term: your about 25 ish during this time. You should still be very active while still in college or have a career already.
Short-term: you should still have a passion for a sport or hoppy. Stick to it. You may get a scholarship for that sport if your good
Answer:
Cost Flow Methods
Gross profit and ending inventory on April 30 using:
Gross Profit Ending Inventory
(a) first-in, first-out (FIFO) $75 $546
(b)
last-in, first-out (LIFO) $71 $542
(c) weighted average cost method $73 $544
Explanation:
a) Data and Calculations:
Item Beta Cost
April 2 Purchase $270
April 15 Purchase 272
April 20 Purchase 274
Total $816
Average cost per unit = $272 ($816/ 3 units)
Assume that one unit is sold on April 27 for $345
Gross profit and ending inventory on April 30 using:
Gross Profit Ending Inventory
(a) first-in, first-out (FIFO) $75 ($345 - $270) $546 ($816 - $270)
(b)
last-in, first-out (LIFO) $71 ($345 - $274) $542 ($816 - $274)
(c) weighted average cost method $73 ($345 - $272) $544 ($816 - $272)
Ending inventory = Cost of goods available for sale Minus Cost of goods sold
Gross profit = Sales Minus Cost of goods sold
Answer:
Explanation:
Under GAAP, every cost incurred should be classified into either period cost or product cost, where:
Product Cost:
The cost business has incurred right now, but will benefit from it in future for e.g. raw materials used to manufacture something which will be sold in next period (by the way period means the time span for which business is reporting its performance like year or quarter). these generally include direct labor, materials and manufacturing over heads
these costs should be capitalized and expensed out in future as the inventory is used.
Period Cost:
all other costs from which business has benefited completely in current period, including admin sales and distribution related costs
these should be expensed out in current period.
for warehousing costs, if they pertain to raw materials and semi finished goods they will be capitalized but if they pertains to finished goods they will be expensed out (as there is no benefit expected from them in future now)
for research and development, every research cost should be expensed out for e.g. feasibility studies under GAAP, but if product found to be commercially viable then the development costs can be capitalized as intangible asset(with the same logic as these will be exactly like manufacturing costs for tangible products).
Answer: Batch size to be used =Economic batch size of 2,236 units
Explanation:
From the question, we have that
Annual demand (D) = 10,000 units
Setup cost (S) = $200
Holding cost (H) = $2 per unit per year
Daily production (p) = 100 units per day
Daily Demand (d) = 40 units per day
Therefore Economic batch size, Q will be calculated as
Q =
Q= 
Q=
Q=
Q=2,236.067 rounded up to 2,236
Economic batch size =2,236 units
