True or false impaired individuals believe their judgment is fine or perhaps better than normal

Oriole Inc. had beginning inventory of $11,400 at cost and $20,600 at retail. Net purchases were $127,926 at cost and $181,000 a

Levart [38]

Answer:

Ending inventory at cost using the conventional retail method is $36,498.

Explanation:

Note: See the attached excel file for the computation of Goods available for sales and Ending inventory at Retail.

From the attached excel file, we have:

Goods available for sales at Cost = $139,326

Goods available for sales at Retail = $211,100

Ending inventory at Retail = $55,300

Therefore, we have:

Ratio of goods available for sales of Cost to Retail = Goods available for sales at Cost / Goods available for sales at Retail = $139,326 / $211,100 = 0.66, or 66%

Ending inventory at Cost = Ending inventory at Retail * Ratio of goods available for sales of Cost to Retail = $55,300 * 66% = $36,498

Therefore, ending inventory at cost using the conventional retail method is $36,498.

Download xlsx

5 0

3 years ago

Federal express has a(n) ________________ in logistics and customer service, since these are activities it does especially well

andrezito [222]

The answer to this question is that federal express has a core competence. Core competence is the main strenghts or advantages of a business or the company in order for them to become competitive in the market. The concept of Core competency was introduced by Gary Hamel and Prahalad. Core competency is what the business or company can do to their customers and their expertise that is unique that can be valued by the customers.

8 0

3 years ago

The current zero-coupon yield curve for risk-free bonds is as follows: Maturity (years) 1 2 3 4 5 YTM 5.05 % 5.49 % 5.78 % 5

kondor19780726 [428]

Answer:

The answer is $79.42

Explanation:

Zero-coupon bonds does not make any periodic payments of interest. It pays both the interest and the face value at maturity.

N(Number of periods) = 4 years

I/Y(Yield to maturity) = 5.93 percent

PV(present value or market price) = ?

PMT( coupon payment) = 0

FV( Future value or par value) = $100

We are using a Financial calculator for this.

N= 4; I/Y = 5.93; PMT = 0; FV= $100; CPT PV= -79.42

Therefore, the market price of the bond is $79.42

7 0

3 years ago

Recently, the U.S. national income accounts have switched to calling government purchases a. government wages, salaries, and inv

ludmilkaskok [199]

Answer:

The answer is B.

Explanation:

Government spending is one of the components of Gross Domestic Product(GDP) and it includes all the government expenditures(its consumption, transfer spending and investment).

Government spends to influence the economy. For example, government increases its spending when the economy activity in the economy is low or to stimulate the economy.

Option B is correct because it encompasses all the government's area of spending while the remaining options mention one or two functions of the government spending and not all.

4 0

3 years ago

A colleague has written a section of the main body in of the same financial report. He had a long paragraph with lots of numbers

Leya [2.2K]

Answer:

The Correct Answer is C.

Graphics

Explanation:

The Advantages of using Graphics in presentation or reports are such as:

Graphics can help illustrate some topics better than the diagrams or static texts.
Graphics is portable and editable.
Graphics can gain and hold attention.
Interactivity can help in the learning process which makes it much easier and understandable.
Entertaining as well as Educational.
Hyperlinks to other websites, documents, reports, and presentations.

7 0

4 years ago

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