3 years ago

What is the main risk you face when you buy stocks as investments?

Business

1 answer:

Elan Coil [88]3 years ago

8 0

Answer:

what is the main risk you face when you buy stocks at investments

c your stock can be bought and sold by the company without your approval.

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Tetra Co. uses the perpetual inventory system and a FIFO cost flow method. On January 1, the company purchased 2,000 units of in

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Answer:

C. Increase cost of goods sold and decrease inventory by $16,400

Explanation:

When Inventory is purchased, Debit Inventory and credit Cash/Accounts payable. As Inventories are sold, debit (increase) cost of goods sold (with the cost of the items sold) and Credit (decrease) Inventory account.

Using the first in first out method, the 4,000 units sold must have consisted of the following purchases;

2000 units on January 1
2000 units from the 3000 on January 13

Hence the cost of goods sold

= 2000 * $4 + 2000 * $4.20

= $16,400

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3 years ago

Read 2 more answers

CWN Company uses a job order costing system and last period incurred $82,000 of actual overhead and $100,000 of direct labor. CW

HACTEHA [7]

Answer:

the predetermined overhead rate is 65%

Explanation:

The computation of the predetermined overhead rate is shown below;

The Predetermined overhead rate

= Expected overhead ÷ expected total direct labour cost

= $73,000 ÷ $100,000

= 0.73

= 65%

hence, the predetermined overhead rate is 65%

The same would be considered and relevant

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3 years ago

During November, TaskMaster purchased 208,000 pounds of direct materials at a total cost of $436,800. The total factory wages fo

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Answer:

See below

Explanation:

Given the above information,

Direct material price variance is computed as;

= (Actual price - Standard price) × Actual quantity

Actual price = $436,800/208,000

Standard price = $436,800/182,000

Actual quantity = 208,000

Direct material price variance

=[ ($436,800 / 208,000) - ($436,800 / 182,000 ] × 208,000

= ($2.1 - $2.4) × 208,000

= $62,400 unfavourable

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3 years ago

Curtiss Construction Company, Inc., entered into a fixed-price contract with Axelrod Associates on July 1, 2016, to construct a

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Answer:

Please see attached solution

Explanation:

Please find attached detailed solution to the above questions ; 1 , 2 and 3.

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3 years ago

Below, you are provided with four groups of different goods. These goods are differentiated by the number of likely substitutes

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Answer and Explanation:

The red and the convertible cars would be considered similar i.e. they are perfect substitutes also the car and the convertible car would be the substitutes but it is not a perfect as the convertible car would be the subset of the car group plus the expenditure made on the convertible car would be high so here the elasticity is more

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3 years ago