Answer:
$226,000
Explanation:
Ending Inventory As of April 30, is the ending inventory from January to April.
Opening inventory = $159,409
Purchases = $504,000
gross profit =35% of $671,100
=0.35 x 671,000
=234,000
cost of goods sold = revenue - gross profit
=$671,100 - $234,000
=$437, 000
cost of goods sold = opening inventory + purchases- ending inventory
=$437, 000= $159,409 + $504,000- ending inventory
=$437,000= $663,409- ending inventory.
Ending inventory = $663,409 - $437,000
=$226,000
Its transfer because an example of that is "people buying a product because they admire the symbol"
plus i just took a quiz on that and that was the right answer for me, im sorry if its wrong.
Answer:
$24.28
Explanation:
Direct labor rate = $19 Payroll tax expense = 12% Costs for sick minus days = $3
112% of $ 19 = $21.28
Fringe benefits = $3
Total= 21.28+3 = $24.28
Answer:
a. Relevant
Explanation:
The documentary on prime time television that brought awareness to Cook Inc... being defendant in several lawsuits relating to it's defective tyres that has caused vehicles to overturn is a financial information that is relevant.
As a financial analyst, being presented with such information is very relevant and it makes me to consider it as a factor before issuing loan to the organization and also help to garner what the public'e perception of the company stock will be. In addition, the information will help to make predictions about future directions of the company's stock price and, evaluate the company's financial health and earnings potential to be able to pay back the loan if given the loan.
Answer:
% in T bills = 18.92%, % in P = 81.08%
Explanation:
Portfolio return = Weighted average return
Return of portfolio P = 0.14*0.6 + 0.10*0.4
Return of portfolio P = 0.124
Let % money in T bills be x
0.11 = 0.05*x + 0.124*(1-x)
0.11 = 0.05x + 0.124 - 0.124x
0.014 = 0.074x
x = 18.92%
Hence, % in T bills = 18.92%, % in P = 81.08%
