Answer:
B. beginning inventory cost of goods purchased – ending inventory
Explanation:
Cost of goods sold = Opening Inventory + Cost of goods purchased - Closing inventory
This is because Opening + Purchases = Total maximum level of inventory held during the year, out of which some will be sold and some will be kept as part of closing inventory.
Thus Total Opening + Purchases - Closing Inventory = Cost of goods sold
Therefore correct option is, here it is clear that beginning inventory + cost of goods purchased is written, as in option A with same factors there is negative sign in front of cost of goods purchased.
B. beginning inventory cost of goods purchased – ending inventory
Answer:
d. financing activities section
Explanation:
cash investment made by the owner and their withdrawals will be in the financing activities section
On the financing activities, the accounting does a detail ofthe origin of funds which paid for the assets. These funds could be from owners or lenders.
Therefore, the equity transactions are included in the financing activities sections
From the owner point of view, it is an investment. But, we must remember that the owner and te company are different entities. For the company it is financiation
Answer: D. Liabilities, stockholders' equity, and revenues.
Explanation: In case of liabilities and equity increase by credit because they are the funds with which the company has to finance the assets according to the balance sheet. Example: Accounts payable suppliers, share capital of shareholders.
Revenues correspond to the income statement and also increase in credit. Example: Revenue from sales, income from commissions.
Answer:
Yes, I feel like anyone can be taught what charitable means and what it is. Its all about helping..and anyone could learn that without being taught
Explanation:
Answer:
Annual Dividend Amount is approximately $0.85
Explanation:
Dividend yield = Annual Dividend Amount / Current selling price
∴ Dividend yield * Current selling price = Annual Dividend Amount
Annual Dividend Amount = $36.75 * 2.3%
=$36.75 * 0.023
=$0.84525
Annual Dividend Amount = $0.85 (approximately)
