Answer:
$197,000
Explanation:
We know that
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $151,000 + $92,000 - $46,000
= $197,000
We simply added the net income and subtract the dividend sum to the starting balance of the retained earnings account so that the precise value will arrive.
Answer:
3.6%
Explanation:
The computation of the alpha for the informed investors is shown below:
As we know that
Expected rate of k = Risk free rate of return + Beta × (Market rate of return - Risk free rate of return) + Alpha
16% = 4% + 1.4 × (10% - 4%) + Alpha
16% = 4% + 8.4% + Alpha
16% = 12.4% + Alpha
So,
Alpha = 3.6%
We simply applied the above formula to determine the alpha
Answer:
$980,000
Explanation:
Calculation for What amount should Bell report as inventory at the end of the year
Goods on hand $845,000
Add Goods in transit $95,500
Add Goods out on consignment $39,500
Ending Inventory $980,000
($845,000+$95,500+$39,500)
Therefore the amount that Bell should report as inventory at the end of the year will be $980,000
Answer:
с. Purchases and Creditors
Explanation:
A goods account is hardly created in the general ledger. Accountants and bookkeepers use the purchases account to record goods bought by the company.
When a business makes purchases, it can either pay cash or in credit. Cash payments are recorded in the cash account. They reduce cash held by the business.
Credit purchases increase creditors and are recorded in the creditor's account.
<span>Retail buyers usually work closely with designers and their designated sales. May buy name brand products while a large company buyer may have the opportunity agree on a price and/ financing terms and in some cases they may not agree. And in some cases years in advance what accessories and apparel will sell.</span>
