Answer:
Instructions are below.
Explanation:
Giving the following information:
The ending inventory of finished goods for each quarter should equal 20% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,600 units.
<u>We weren't provided with enough information to solve the problem. But, I will leave the formula and a small example to guide an answer.</u>
<u></u>
Purchases= sales + desired ending inventory - beginning inventory
For example:
Sales 2nd Quarter= 27,000 units
Sales 3rd Quarter= 45,000 units
Production budget (in units):
Sales= 27,000
Desired ending inventory= (45,000*0.20)= 9,000
Beginning inventory= (3,600)
Total= 32,400 units
How the $5,645 tax bill proration will be reflected on the settlement statement if a 30-day month is: Debit seller $2,822.5; Credit buyer $2,822.5.
<h3 /><h3>Tax bill proration</h3>
Based on the information given the tax bill proration will be reflected on the settlement statement will be:
(January 1 to June 30) =180 days
Hence:
Debit seller $2,822.5
Credit buyer $2,822.5
[($5,645 ÷ 360) ×180 days]
Therefore how the $5,645 tax bill proration will be reflected on the settlement statement if a 30-day month is: Debit seller $2,822.5; Credit buyer $2,822.5.
Learn more about Tax bill proration here: brainly.com/question/1775528
#SPJ1
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth in the future.
Future Value = Present Value (1 + (Interest Rate x Number of Years)) Let's say Bob invests $1,000 for five years with an interest rate of 10%. The future value would be $1,500.
The economic system that is used in the United States of America in which most of the businesses are owned by the people instead of the government is a mixed economy.
The keyword in this statement is "most" because not all businesses in the United States are owned by the people, some are government owned; the mixture of this ownership in an economy is what defines that economy as a "mixed economy."
Barges' has an asset beta of .57, the risk-free rate is 4.3 percent, and the market risk premium is 7.7 percent.
