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:
Explanation:
I believe the best advice that can be given is to do thorough research into the company before investing and do not invest more than you are willing to lose. Initial Public Offerings (IPO) can be incredibly risky investments because they can be complete scams or can be legit startup companies but make one mistake and quickly go bankrupt causing the shares to be worthless and you lose all of your money. But with great risk comes great reward, If they do manage to take you off you can make a lot of money. Therefore, research and invest only what you can live without is the best advice.
Answer:
Explanation:
Adjusted face value = 10000*(1+2.5%)^(3*2)
= 11596.93
Final payment = Coupon + adjusted principal
= 11596.93*4.25%/2 +11596.93
= $ 11843.36
Answer:
An Example of a product demonstration is Scrub Daddy.
Explanation:
Scrub Daddy is the most successful product from the hit television show Shark Tank with more than $100 million in retail sales. It became popular due to the founder's simple and effective presentation that was all about clearly demonstrating it's benefits instead of being a 'sales person'
The scrub daddy makes it easier to wash dishes and sensitive crockery. If it is placed in cold water, it becomes hard, making it useful to scrub greasy surfaces. However, under hot water, it becomes soft which is excellent for expensive China etc.
He demonstrated this in front of the TV cameras clearly with props and tools and quickly won a large dedicated audience.
I think the answer is B: a person with a credit score of 760 with a small amount of debt who has had steady employment for many years.