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3 years ago

T

Business

1 answer:

Rufina [12.5K]3 years ago

8 0

Answer:

The risk of recession will most likely cause the company's shareholders to demand a higher return.

Explanation:

If the company loses some customers, more might be attracted to the company. However, if the prices drop, the price might stay low and cause the financial value of stock to drop. Once the stock drops, the entire company loses money along with their stock, which is determined by their profit and loss.

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Question 37Gray Company uses the periodic inventory system to account for inventories. Information related to Gray Company's inv

kupik [55]

Answer:

Last inventory of 110 @ 6 = 660

Explanation:

1. Ending Inventory using FIFO

24th purchase 200 @ 11.8 = 2360

16th Purchase 350 @ 10.8= 3780

TOTAL=6140 (adding the 24th and 16th purchases)

2. Ending Inventory using Weighted Average

Total Inventory = 2000 units

Total Cost = 21080

Per unit = 21080/2000 = 10.54 (divide total cost / Total inventory)

Therefore, 550*10.54= 5797 (units remain multiplied by cost per unit)

3. Ending Inventory using LIFO

1 Beginning inventory = 400 @ 9.8 = 3920

8th purchase 150 @ 10.4= 1560

Total = 5480 (Obtained by adding beginning inventory and the 8th purchase)

Sunland Shutter

Answer is 660

First in First out . Last inventory of 110 @ 6 = 660

5 0

3 years ago

According to _____, location-specific advantages are of considerable importance in explaining both the rationale for and the dir

vladimir2022 [97]

According to the eclectic paradigm location-specific advantages are of considerable importance in explaining both the rationale for and the direction of foreign direct investment.

5 0

3 years ago

What is one benefit of continuing your education after high school?

Molodets [167]

Answer:

Explanation:

The most relevant one because university is the place to produce expert in many fields. Thus this will increase your earnings within your course of career.

3 0

3 years ago

The Bogart Company produces 5,000 units of item SLM 46 annually at a total cost of $200,000

sertanlavr [38]

Answer:

Option B is the answer

Explanation:

Avoidable costs = 20,000+55,000+45,000 + (8*5000)+30,000

= 190,000

= 190,000/5,000 units

= $38 Option B is the answer

3 0

3 years ago

Adams Co. reports the following balance sheet accounts as of December 31. Salaries payable $ 6,800 Retained earnings $ 58,000 Bu

krek1111 [17]

Answer:

Adams Co.

Balance Sheet as of December 31.

Assets

Current Assets

Cash $32,000

Accounts Receivable $12,000

Merchandise Inventory $15,600

Office Supplies $3,600

Prepaid Rent $7,800

Prepaid Insurance $4,600

Total Current Assets $ 75,600

Property, Plant and Equipment

Land $38,000

Building $67,800

Accumulated Depreciation $(6,600) $61,200

(Buildings)

Total Assets $ 174,800

Liabilities

Current Liabilities

Accounts Payables $18,000

Salaries Payable $6,800

Total Current Liabilities $24,800

Long term Liabilities 

Notes Payable $46,000

Mortgage Payable $28,000

Total Long term Liabilities $74,000

Total Liabilities $98,800

Stockholder's Equity

Common Stock $18,000

Retained Earnings $58,000

Total Stockholder's Equity $76,000

Total Liabilities & Stockholder's Equity $174,800

4 0

3 years ago