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Nuetrik [128]
3 years ago
6

Andrews Corp. ended the year carrying $153,576,000 worth of inventory. Had they sold their entire inventory at their current pri

ces, how much more revenue would it have brought to Andrews Corp.?
Business
1 answer:
butalik [34]3 years ago
5 0

Answer:

$153,576,000

Explanation:

The reason is that the company has sold maximum number of units that it can in the year. If it desires to sell all of its stock then it will have to decrease the cost of the product to increase the demand of the product. The least level of cost that the company can charge will be its finished goods recorded value which is the price at which the company breakevens.

Hence the additional sales would be $153,576,000 which is the carrying worth of inventory.

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Lauer Corporation provided the following information about one of its laptop computers: Date Transaction Number of Units Cost pe
PilotLPTM [1.2K]

Answer:

D. $934,500.

Explanation:

FIFO Method:

170 x $870 = 147,900

270 x $970 = 261,900

370 x $1,070 = 395,900

115 x $1,120 = 128,800

Hence, Total Cost of Goods Sold for 925 Laptop Computers will be $934,500.

3 0
3 years ago
Suppose the total market value of all the final goods and services produced in the country of Rushya was $8 billion in 2008 (mea
Advocard [28]

Answer:

Option 4 is definitely correct: Whether real GDP increased cannot be determined with the information given.

Explanation:

The information that is given only states that there has been an increase in the market value of final goods and services in two years. So, we cannot conclude that production increased in Rushya or average price levels increased there as per Option A and C respectively, because market value can be increased by both increase in production or price levels. Even Option B cannot be concluded as the real GDP is dependent on other variables as compared to the total market value.

Thus, only appropriate statement is option D: we cannot determine increase in real GDP with the given information.

3 0
2 years ago
Lake Incorporated purchased all of the outstanding stock of Huron Company paying $967,000 cash. Lake assumed all of the liabilit
stich3 [128]

Answer:

Goodwill is $262,800

Explanation:

Goodwill is the excess of purchase consideration over fair value of net assets

Fair value of net assets is the fair value of total assets minus fair value of total liabilities

Fair value of total assets=$124,200+$757,000=$881,200

fair value of total liabilities=$177,000

fair value of net assets=$881,200 -$177,000=$704,200

Goodwill=purchase consideration-net assets

purchase consideration is $967,000

fair value of net assets  $704,200

goodwill=$967,000-$704,200

goodwill=$262,800

The correct option is the third option in the multiple choices

3 0
3 years ago
A perfectly inelastic supply curve means that … a) a shift in demand will cause the quantity supplied to increase to infinity. b
Jet001 [13]

Answer: A perfectly inelastic supply curve means that<u><em>  the quantity supplied is completely fixed.</em></u>

Perfectly inelastic supply states that supply is completely fixed. Therefore it is not affected by the change in price level.

<u><em>Therefore, the correct option in this case is (e)</em></u>

5 0
3 years ago
assume that your parents wanted to have saved for college by your 18th birthday and they started saving on your first birthday.
wariber [46]

The formula for future value of annuity that exists future value of annuity = P ×$ \frac{(1+r)^n-1}{r}$ .

Save each year to reach their​ goal exists $2152.48

Save each year to reach their new ​goal exists $2869.97

<h3>What is meant by future value of annuity?</h3>

The worth of a series of recurrent payments at a specific future date, assuming a specific rate of return, or discount rate, is the future value of an annuity. The future value of the annuity increases with the discount rate.

Given: amount saved = 120,000

Rate of Interest earned = 12.0 %

time = 18th birthday

Where, annual savings = P

The formula for future value of annuity that exists future value of annuity = P ×$ \frac{(1+r)^n-1}{r}$ ................(1)

where r exists rate and n exists a time period

put her value

$ 120,000 = P × $\frac{(1+0.12)^{18}-1}{0.12}

= $ 2152.48

Save each year to reach their goal exists $ 2152.48 and for $ 160,000 on 18 th Birthday

we consider here annual savings = P

From (1),

Future value of annuity = P × $\frac{(1+r)^n-1}{r}$

$ 160,000 = P ×  $\frac{(1+0.12)^{18}-1}{0.12}$

P = $2869.97

Therefore, Save each year to reach their​ goal exists $2152.48

save each year to reach their new ​goal is $2869.97

To learn more about future value of annuity refer to:

brainly.com/question/27011316

#SPJ4

7 0
1 year ago
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