The initial assessment of feasibility is made in theâ ________ phase of the systems development life cycle.

Echo Sound Company just began business and made the following four inventory purchases in June: June 1 150 units $ 1,040 June 10

postnew [5]

Answer:

FiFo method as prices are continuously increasing

Explanation:

Date Units Cost Per Unit Cost

June 1 150 units $ 1,040 6.93

June 10 200 units 1,560 7.8

June 15 200 units 1,680 8.4

June 28 150 units 1,320 8.8

$5,600

As the unit price is increasing the method which yields the highest gross profit would be FIFO.But in some cases the income is overstated as the beginning inventory is too old to account for . Similarly Lifo gives lower net income but that too is not very beneficial when the inventory is almost obsolete.

The average method gives a measure in between FIFO and LIFO.

7 0

3 years ago

Suppose the wholesale market for corn is a perfectly competitive market, and all firms in the corn industry are profit-maximizin

Ainat [17]

Answer:

Therefore option A is correct.

All firms selling corn must have the same MC regardless of each firms cost structure

Explanation:

In the perfectly competitive market, for profit maximization we set P = MC

In the perfectly competitive market, firms are price taker so demand curve is same for every firm and price is same too, so MC must be same for every firm

Therefore option A is correct ie. all firms selling corn must have the same MC regardless of each firms cost structure.

7 0

3 years ago

A corporation had a change in net working capital of $40,000 this year. At the end of the year the balance sheet showed $150,000

FinnZ [79.3K]

Answer:

$\large\boxed{\large\boxed{\$ 110,000}}$

Explanation:

Net working capital is the difference between the current assets and the current liabilities:

$Net\text{ }working\text{ }capital=Current\text{ }assets-Current\text{ }liabilities$

Change in the net working capital (ΔNWC = $40,000)

$\Delta NWC=\Delta\text{Current assets}-\Delta\text{Current liabilities}$

$\Delta\text{Current assets}=\$ 150,000-\$ 120,000=\$ 30,000$

$\Delta\text{Current liabilities}=\$ 100,000-x$

$\$ 40,000=\$ 30,000-(\$ 100,000-x)$

$x=\$ 40,000-\$ 30,000+\$ 100,000=\$ 110,000$

7 0

3 years ago

You own 310 shares of stock in a firm that currently sell for $55 per share. The company has announced a dividend of $3.20 per s

Nesterboy [21]

Answer:

The value of your portfolio on May 3 is $16,058.

Explanation:

Since it is assumed that there is no tax, the value of a share on ex-dividend date is the current share per share minus the announced dividend per share share. Therefore, we have:

Price per share on ex-dividend date = Current share per share - Announced dividend per share share = $55 - $3.20 = $51.80

Therefore, the value of your portfolio on May 3 which is the ex-dividend date can be calculated as follows:

Portfolio value on May 3 = Number of shares owned * Price per share on ex-dividend date = 310 * $51.80 = $16,058

Therefore, the value of your portfolio on May 3 is $16,058.

8 0

2 years ago

As an office professional, it is not likely that you will be expected to work on teams with others.

ArbitrLikvidat [17]

Answer:

false

Explanation:

because in any job you will be expected to work with others.

7 0

3 years ago