The correct answer here would be a job specification.
Answer:
$12.14
Explanation:
The computation of the current value of one share of the stock is shown below:
D2 = (1 × 1.25) = $1.25
D3 = (1.25 × 1.25) = $1.5625
Now
Value after year 3 is
= (D3 × Growth rate) ÷ (Required return - Growth rate)
= (($1.5625 × 1.06) ÷ [0.17 - 0.06)]
= $15.05681818
Now
Current value is
= Future dividends × Present value of discounting factor(17%,time period)
= $1 ÷ 1.17 + $1.25 ÷ 1.17^2 + $1.5625 ÷ 1.17^3 + $15.05681818/1.17^3
= $12.14
Answer:
1. Ending inventory = $3519
2. Cost of Goods Sold = $21030
3. Sales Revenue = $27279
4. Gross Profit = $6249
Explanation:
FIFO method of inventory valuation is whereby the stock that first comes into the business, leaves first. This is common in perishable inventory such as vegetables or fruits.
Jan 1. Beginning inventory: 53 units x $45 = $2385
Total
53 units x $45 = $2385
Apr 7. Purchase 133 units x $47 = $6251
Total
53 units x $45 = $2385
133 units x $47 = $6251
Jul 16. Purchase 203 units x $50 = $10150
Total
53 units x $45 = $2385
133 units x $47 = $6251
203 units x $50 = $10150
Oct 6. Purchase 113 units x $51 = $5763
53 units x $45 = $2385
133 units x $47 = $6251
203 units x $50 = $10150
113 units x $51 = $5763
1. Ending inventory = 502 - 433 = 69 hence,
69 units x $51 = $3519
2. Cost of Goods Sold =
[$2385 + $6251 + $10150 + (44 units x $51)] = $21030
OR $24549 - 3519 = $21030
3. Sales Revenue =
433 units x $63 = $27279
4. Gross Profit = Sales Revenue - Cost of Goods Sold hence,
$27279 - 21030 = $6249
Answer:
True
Explanation:
When a company successfully offers a product or few products to customers, it tends to expand the range of products it has to offer.
For a <u>company to increase its range of products successfully, it has to realize that it must make corresponding changes to its processes to accommodate the addition of new products.</u>
However <em>oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.</em>
Answer: a. Boot camp is the military's version of employee orientation.
Explanation:
To become an employee in a company, it is standard practice for the employer to give the employee an orientation so that they may be able to perform better at their jobs because they would know what is expected of them and how to go about achieving this.
This is the same for the military. When they send recruits to boot camps, they are doing their version of employee orientation because the recruit will learn what Uncle Sam expects from them and how they are to accomplish these tasks.