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3 years ago

Define �cost� as applied to the valuation of inventories.

1 answer:

3 0

Cost is the primary basis for accounting for inventories. Sum of the expenses and charges incurred in bringing an item to it's existing condition and location.

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The planning horizon is __________. ANSWER Unselected a field in the master schedule record that indicates the number of units t

HACTEHA [7]

Answer:

The correct option is "the amount of time the master schedule record or MRP record extends into the future"

Explanation:

The planning horizon is the amount of time an organization will look into the future when preparing a strategic plan. Many commercial companies use a five-year planning horizon, however a general Planning horizon is around one year. But other organizations such as the forestry commissions have to use a much longer planning horizon to form effective plans.

3 0

3 years ago

Which of the following is TRUE about the FAFSA?

Vinvika [58]

Answer:

The correct answer is letter "B": You want to apply as soon as you can for the FAFSA since financial aid is often awarded on a first come, first served basis.

Explanation:

The Free Application for Federal Student Aid (FAFSA) is the form that current and existing college students submit to the Scholars at Risk (SAR) Network to obtain financial support for their studies. The applications are typically received until June 30th, each year in some states while other states have the ending of February as the deadline. It is suggested for students to send their application the soonest they can since <em>some states evaluate applications according to the order in which they are submitted</em>.

7 0

3 years ago

In the past, personal selling has garnered a reputation as being too aggressive. You would like to test whether these perception

Finger [1]

D. Experimental research

3 0

3 years ago

Jordan is 55 and wants to retire in 12 years. His family has a history of living well into their 90s. Therefore, he estimates th

Solnce55 [7]

Answer:

$9,252.23 ≈ a. $9,252

Explanation:

Jordan will retire at 67 and expects to live 30 more years. Be believes that he will need approximately $82,000 (in current dollars) per year to live while he is retired. his social security benefits are $30,000 (in current dollars) per year, so that means that he needs to cover the remaining $52,000. In order to calculate this, I will assume that Jordan receives his first distribution on his 67th birthday (annuity due) and each distribution is made on an annual basis and received on the subsequent birthdays until he turns 96 (30th distribution).

The $52,000 that Jordan expects to need once he retires must be adjusted to inflation (3%). In 12 years they will equal $52,000 x (1 + 3%)¹² = $74,139.57

Using an excel spreadsheet, I calculated the present value of Jordan's 30 distributions using a 9% discount rate = $1,100,465.22

Jordan currently has $325,000 in his retirement account and in 12 years (age 67), his account will be worth $325,000 x (1 + 9%)¹² = $914,116.05

this means that Jordan will be $1,100,465.22 - $914,116.05 = $186,349.17 short

using the future value of an annuity formula, we can calculate the annual contribution:

annual contribution = future value / annuity factor

future value = $186,349.17
FV annuity factor, 9%, 12 periods = 20.141

annual contribution = $186,349.17 / 20.141 = $9,252.23 ≈ $9,252

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3 years ago

Suppose you believe that Du Pont's stock price is going to decline from its current level of $ 83.97 sometime during the next 5

djverab [1.8K]

Answer:

Net loss $1,184.07

Explanation:

Calculation for the Net profit/loss

Using this formula

Net profit/Loss =Share contract amount-[Numbers of shares*(Price per shares-Changed in stock price)]

Let plug in the formula

Net profit/loss=$279.07-[100*($76-$85.05)]

Net profit/loss=$279.07-(100*$-9.05)

Net loss=-$279.07- $905)

Net loss=-$1,184.07

Therefore the net profit (or loss) after behaving rationally on the decision to exercise the option would be $1,184.07

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3 years ago