Answer: 1. $110000.
2. $120000
Explanation:
First, we calculate the sold units which will be:
= Opening inventory + Purchase - Ending inventory
= 10000 + 30000 - 20000.
= 20000
Then, the cost of stock per unit will be:
= $115000/20000
= $5.75
The total cost of the total stock available will be:
= 40000 × $5.75
= $230,000
Cost of purchase stock will be:
= Total cost of stock - Cost of beginning inventory
= $230000 - $50000
= $180000
Then, cos per unit of purchased stock will be:
= $180000 / 30000
= $6
1 Determine the cost of goods sold for 2021 using the FIFO method.
Cost from begining inventory = 10000 × 5 = 50000
Add: Cost from purchase inventory = 10000 × 6 = 60000
Cost of goods sold under FIFO = 110000
2. Determine the cost of goods sold for 2021 using the LIFO method.
This will be:
= 20000 × 6
= 120000
Answer:
e. $3,892,587.08
Explanation:
The value of Nabor Industries entire company using the free cash flows can be determined by calculating the present value of all free cash flows that will be occurred in the future in the following manner:
Present value of 2004 free cash flow $176,991.15
200,000(1+13%)^-1
Present value of 2005 free cash flow $234,944
300,000(1+13%)^-2
Present value of 2006 free cash flow $277,220.06
400,000(1+13%)^-3
Present value of cash flows after 2006 $3,203,431.86
((400,000(1+4%))/(13%-4%))*(1+13%)^-3
Value of Nabor Corporation $3,892,587.07
So based on the above calculations, our answer is e. $3,892,587.08
Insurance products & services
Business Insurance. ...
Professional Indemnity. ...
Directors & Officers / Management Liability Insurance. ...
Property Insurance. ...
Motor Insurance / Commercial / Heavy Motor Insurance. ...
Home & Contents Insurance. ...
Cyber Insurance. ...
Business Interruption Insurance.
Answer:
What would happen is Price of TVs goes up and price of rental DVDs goes down. Subsequently, price of movies theaters rises.
Explanation:
As there are less import of Plasma TV from Japan, the supply will be lower, while demand remains unchanged. So, price of Plasma TV will go up following is the demand for plasma TV will go down
As Plasma TV and rental DVDs are complementary goods, downward in demand for plasma TV means less demand for rental DVDs while supplies for rental DVD remains the same. Thus, price of rental DVD will go down.
As rental DVD and movies theaters are substitute goods, the demand in rental DVD going down will cause the increase in the demand in movie theaters while supplies for movie theaters stay the same. So, movie theater ticket will go up subsequently.
Bentley will likely use the firm's <u>CRM databases</u> to identify these customers.
<u>Explanation</u>:
CRM databases collect information about the customers. It can be used to identify the best customers. The database stores the annual sales report.
CRM is a customer relationship management that manages the interaction between company and customers.
CRM database holds all the data related to the customers like their name, email address, age, Skype address and occupation details.
In the above scenario, Bentley can use CRM database to filter twenty valuable building contractor customers and invite them for golf outing and party.
