Answer: See explanation
Explanation:
The year-end adjusting entry to record the cost side of sales returns and allowances will be:
Dr Inventory Return estimated $3200
Cr Cost of goods sold $3200
(To record expected coat of returns)
Note that the above calculation was done as:
= $64,000 × 5%
= $64,000 × 0.05
= $3200
Answer:
The answer is:
A. market capitalization = $313.73billion
B. Market-to-book ration = 3.21
C. Book debt-equity ratio = 2.03
D. Market debt-equity ratio = 0.63
E. Enterprise value = $410.23billion
Explanation:
Please find the detailed calculation from the attached file.
Answer:
Customers walking into the fast-food restaurants and joining the shortest queues for food, or selecting a queue from lines of equal length, instead of choosing to wait in longer queues to purchase food.
Explanation:
Answer:
The price of the airplane today is $24.15
Explanation:
In this question, we proportionate the items
Since, for the 1983 year, the price is given and the CPI for today and in 1983 is also given.
So, the price of the airplane would be
= CPI today × (Price in 1983 ÷ CPI in 1983)
= $24.15
We divide the 1983 price with the 1983 CPI and then multiply the CPI to get the price for today.
