Answer:
$32,550
Explanation:
LIFO means last in first out. It means that it is the last purchased inventories are the first to be sold.
Total inventory = 2,300 + 2,400 = 4,700
Ending inventory = 4700 - 2600 = 2,100
The ending inventory would be the first purchased inventory
Ending inventory = 2100 x $15.50 = $32,550
I hope my answer helps you
Answer:
$ 146,998.94
Explanation:
The applicable formula in this case is the present of annuity due.The amount of annual lease rental needs to be stated to present value equivalence by discounting all future cash flows of lease rentals to today's equivalent worth.
PV=PMT*(1/i-1/i(1+i)^n)*(1+i)
i is the rate of return of 8% OR 0.08
n is the number of years which is 7
PMT is the yearly lease rental of $26143
PV=26143*(1/0.08-1/0.08(1+0.08)^7)*(1+0.08)
PV=26143*(1/0.08-1/0.137106)*(1+0.08)
PV=26143*(12.5-7.293629941
)*(1.08)
PV=26143*5.206370059
*1.08
PV= 146,998.94
Answer:
yes this very true bc as you get older the less opportunity's you get to things
Answer:
d. prohibited.
Explanation:
According to my research on the different laws surrounded real estate, I can say that based on the information provided within the question this practice is prohibited. This is because this act is a form of bribery which is illegal regardless of the situation in the United States of America. Therefore it is prohibited.
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