Answer:
This question is incomplete, the options are missing. The options are the following:
a) Highest price; highest total market value
b) Highest total market value; highest price
c) Highest price; lowest liquidity
d) Greatest number of shares outstanding; highest price
And the correct answer is the option B: Highest total market value; highest price.
Explanation:
To begin with, both terms the Dow Jones Averages and the Standard & Poor's are indexes for the respective american stock market in where the better companies of the country are in the list so that why that mostly of them will obviously have the highest total market value and its respectively highest price due to the fact that are the companies that produce more and work better than others and the public buy stocks from them and that makes them richer and richer.
Answer:
Closing inventory - $10,160
Costs of goods sold - $9,600
Explanation:
Under the LIFO Method, the cost of good sold equals to
= April 23 units × cost per unit + Remaining units × cost per unit
= 300 units × $22 + 150 units × $20
= $6,600 + $3,000
= $9,600
Since the firm has sold 450 units, so out of which 300 units sold at a price of $22 and the remaining 150 units sold at a price of $20
The ending inventory equals to
= Remaining units × cost per unit + April 1 × cost per unit
= 270 units × $20 + 280 units × $17
= $5,400 + $4,760
= $10,160
Since on April 23, the 420 units were purchase, out of which 150 units are transferred to the cost of good sold and the remaining units 270 units at $20 is transferred to the ending inventory
The reason why a stock-split of 2-for-1 can be said to increase a stock's marketability is that the market price for each share decreases.
<h3>What does a 2-for-1 stock split do?
</h3>
When a stock is split in this manner, it means that there will now be two stocks for every stock there was before.
This means that the price of every stock will be halved. This increases marketability because the lower market price makes the stock cheaper for people to buy.
Find out more on stock splits at brainly.com/question/14247504.
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Answer:
1080
Explanation:
Compound interest involves the reinvesting of interest.
The formula for compound interest is given by:
Where P is the principal (i.e the beginning balance),
r is the rate,
n is the number of times it is compounded,
t is the number of years
A is the ending balance.
Given that P = 1000, r = 8% = 0.08, t =1 years and it is compounded annually (i.e n = 1).
Substituting values into the formula and calculating gives:
