Stockbrokers who still had profits on their books were afraid that their profits would disappear.
Stockbrokers who had losses were afraid that those losses might get larger.
Investors decided to get out of the market.
Answer:
Ending WIP inventory: 31,264
Complete and transferred-out 367,629
Explanation:
Ending WIP inventory:
we mutiply the equivalent units by the equivalent cost
materials 2,000 x 13.86 = 27,720
conversion 800 x 4.43 = 3,544
total = 31,264
transferred units
as this are complete we can add up each cost component and do a single multiplication
13.86 + 4.43 = 18.29 cost for complete unit
20,100 x 18.29 = 367,629
Answer:
Precious metals should accept the project
Explanation:
To determine which company should accept the project, one has to calculate the net present value.
The net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator:
Cash flow in year 0 =
Cash flow each year from year one to ten =
For Deep Mining ,
I = 16.7%
NPV = $39,096.09
Precious Metals,
I = 12.6%
NPV = $83,144.67
Precious metals should accept the project because its npv is postive.
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
It reduces shareholder confidence in the organization as a means of value creation.
IPOs are usually undertaken by one or more investment banks. The investment bank arranges for the listing of shares on one or more stock exchanges. Through this process, colloquially called floating or public, a private company turns into a public company.
Public companies contribute to the Black Swan event because they define value creation as too narrow in terms of financial performance.
The corporate Social Responsibility (CSR) stakeholder model considers a public stock company to be a citizen of the society in which it operates, and like all members of society, the company has the usual ethical obligations that all citizens obey. You have to take responsibility.
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Although Rhode Island used the most paper money to deal with its financial problems, merchants refused to accept this currency and had to pay steep fines for doing so.
<h3>What are merchants?</h3>
Merchants are people and/or institutions aimed at commercializing goods or services.
Merchants need to have paper money of legal use to make transactions during commerce activities.
In conclusion, although Rhode Island used the most paper money to deal with its financial problems, merchants refused to accept this currency.
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