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3 years ago

11

Which of the following would not be considered an external user of accounting data for the GHI Company? Customers. Management. I

nternal Revenue Service Agent. Creditors.

1 answer:

Phoenix [80]3 years ago

3 0

Answer:

Management - second choice

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Delta Diamonds had 5 one-carat diamonds available for sale this year: 1 purchased June 1 for $500, 2 purchased July 9 for $550 e

NISA [10]

Using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.

<h3>What is the specific identification method?</h3>

The specific identification method is an inventory method that identifies specific inventories sold and uses their specific costs in valuing the cost of goods sold.

<h3>Data and Calculations:</h3>

Date Units Unit Cost Total Balance

June 1 1 $500 $500 $500

July 9 2 $550 $1,100 $1,600

Sept. 23 2 $600 $1,200 $2,800

Dec. 24 -1 $550 $550 $2,250

Thus, using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.

Learn more about specific identification methods at brainly.com/question/25056275

4 0

2 years ago

National Home Rentals has a beta of 1.06, a stock price of $17, and recently paid an annual dividend of $.92 a share. The divide

ANEK [815]

Answer:

9.6845%

Explanation:

Market risk premium = Market return - Risk free rate

7.3 = 11.2 - Risk free rate

Risk free rate = 3.9%

(1) Use CAPM:

Cost of equity = Risk free rate + Beta × Market risk premium

= 3.9% + 1.06(7.3)

= 11.638%

(2) Use DDM :

Stock price = [Latest dividend × (1 + dividend growth rate)] ÷ (Cost of equity-dividend growth rate)

$17 = [0.92 (1 + 0.022)] ÷ (Cost of equity - 0.022)

Cost of equity = 7.731%

Cost of equity = average value from using DDM and CAPM

Cost of equity = 0.5 (7.731 + 11.638)

= 9.6845%

4 0

3 years ago

When the production manager finds the average life of her battery-lifetime data, this is an example of what phase of inferential

den301095 [7]

Finding the average life of her battery lifetime data is an example of : D. Data analysis

in order to find out the average life, she must previously gather the data about her battery's lifetime over a period of time, then analyze it to find the average line

hope this helps

3 0

3 years ago

Read 2 more answers

Kelly selected a home and submitted an offer to the seller. Multiple Choice The seller must accept her offer. Her offer must hav

Lena [83]

Answer:

The seller may reject the offer and choose to provide a counteroffer.

Explanation:

In a free-market environment, a seller has the option to accept or decline an offer for what he is selling, in this case, a house. Furthermore, he can propose a counteroffer to see if the buyer is able and willing to pay more for that house. Taking this simple rules into account, the seller may reject Kelly’s offer if he wants and can choose to make a counteroffer.

4 0

3 years ago

There is no such thing as a free lunch.This statement best reflects the fact that a. consumers are unwilling to pay for a good u

Alexandra [31]

Answer: Option B

Explanation: Opportunity cost refers to the of loss of profit when an individual or firm chooses one alternative over other.

The statement in the given case, depicts the opportunity cost one has to pay of using the scarce resources that could be sued on different alternatives.

The lunch is never free depicts that one could have used it in other alternatives that may have produced some economic benefits.

Hence, the correct option is B.

6 0

4 years ago