Answer:
$7.91
Explanation:
The weighted-average unit cost uses the weighted concept to determine the costs of goods sold or inventory costs. Its formula is a is below
weighted -average costs = <u>costs of goods available for sale</u>
units available for sale
For Sunland company,
Total costs of goods available =(200 x $7) +(540 x $8) + (125 x$9)
=1400 + 4320+1125= 6845
Total units available for sale= $200 + $540 +$125 =$865
WAC = 8645/865
=$7.91
$66,000 investments in the economy is 5%.
<h3>What is
investments?</h3>
The dedication of an asset to achieve an increase in value over time is referred to as investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort. The goal of investing in finance is to generate a return on the invested asset.
Income investing is an investment strategy that focuses on constructing an investment portfolio that is specifically designed to generate regular income. The income investing strategy's sole goal is to generate a consistent stream of income.
The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is basically your financial risk profile that takes into account various factors like age, financial history, circumstances and your investment goals
To know more about investments follow the link:
brainly.com/question/25300925
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The money she received from her parents for the purchase of school supplies would be used as a medium of exchange.
<h3>What is money?</h3>
Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.
Characteristics of money are:
- Medium of exchange
- Store of value
- Measure of value
Hence, the money she received from her parents for the purchase of school supplies would be used as a medium of exchange.
Learn more about money here: brainly.com/question/3182649
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Answer:
It is synonymous with "usefulness".
It is subjective
Answer:
$475,000
Explanation:
Calculation for By what amount would LBM credit capital in excess of par
Dr Cash $500,000
(25,000 shares*$20 per share)
Cr Common Stock $25,000
(25,000 shares*$1 per share)
Cr Capital in excess of par $475,000
($500,000-$25,000)
Therefore based on the above Journal entry and calculation the amount that LBM would credit as capital in excess of par will be $475,000 ($500,000-$25,000).
