Answer:
True
Explanation:
The reason is that the opening inventory value of year 2 is the closing amount of the year 1. Its similar to the closing cash amount left in till at the end of year 1 is the opening amount at the year 2. So the opening inventory of year 2 is closing inventory of year 1. This means the closing inventory of year 1 has decreased by $10,000.
As we know that:
Cost of goods sold = Op. Inventory + Purchases - Cl. Inventory
This means if the closing amount increases the cost of goods decreases and in the given scenario the closing inventory of year 1 has been decreased which means that the cost of goods sold has increased which will decrease the profit. And if the profit decreases then:
Earning per share = Profit after tax (Decreased) / Number of share (Same)
As the profit has decreased the earning per share will also decrease.
Answer:
C. being outdoors, horticulture, raising animals
Explanation:
Horticulture refers to the process of cultivating trees, plant agriculture either for promoting recreational activities, for decoration or food purposes. If Fred takes interest in Agriculture, food and natural resources; that means he would practise horticulture as a career. Also, other source of foods which includes activities such as raising animals, fishing, hunting, etc would require Fred to be outdoor. The animals raised in outdoors are mostly farm animals.
You can find lemon juice in the produce section.
John cannot revoke his offer any longer because of promissory estoppel. The is an element of the contract law t<span>hat states that a promise is enforceable by law, even if made without formal consideration. The promisor in this case is John and the promisee is Jane. When a promisor has made a promise to a promisee the promise is enforceable by law. </span><span>
</span>
Answer:
8.90%
Explanation:
D = $3.80
P = $42.70
Tax = 21%
R =?
from the given information the dividend model is to be used
P = D1/r-g
42.70 = 3.80/r-0
42.70r =3.80
r =3.80/42.70
r =0.8899/8.90%
