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3 years ago

Priscilla has the following inventory information.

Business

1 answer:

Mademuasel [1]3 years ago

3 0

The correct answer is found to be

a) $1,430.

Explanation:

To calculate FIFO (First-In, First Out) determine the cost of your oldest inventory and multiply that cost by the amount of inventory sold,

According to the LIFO method, the last inventory given should be the first one out. Which means, the units purchased at the 22nd should be the one to be first sold, also followed by the ones purchased at the 7th and by the beginning inventory on July 1st.

The number of units sold during July is:

n = 20 ₊ 70 ₊ 10₋30

n = 70 units

Using LIFO, the amount allocated to those goods should come from 10 units at $23 and 60 units at $20:

= 10 × $23 ₊ 60 × $20
= 1,430.

Therefore, the amount found to cost of goods sold for July is $1,430.

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Answer:

c. descriptive and predictive analytics

Explanation:

Predictive analytics is a form of analytics which is done to predict the possibilities of the future depending on the data available in the present. The predictions are made about the future which may bring problems in the future. Descriptive analytics is a form of analytics which analyses the events happened in the past. The stored data is analyzed and decisions are formed out of them.

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3 years ago

when merchandise purchased on account is returned under the perpetual inventory system, the buyer would debit:

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3 years ago

asset w has an expected return of 15.7 percent and a beta of 1.75. if the risk-free rate is 3.3 percent, what is the market risk

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The market risk premium is 14.12. A market risk premium in finance and economic is used to measure how much the level of risk.

A risk premium means a measure of excess return that is used by an individual to compensate being subjected to an improved degree of risk. A risk premium is the common definition being the expected risky return less the risk-free return.

To find the amount of risk premium, we can calculate it use beta of the stock formula:

Beta of the stock = (expected return - risk-free rate) ÷ risk premium

Because we need the amount of risk premium, then it will be:

Risk premium = Beta of the stock/(expected return - risk-free rate)

Risk premium = 1.75/(15.7% - 3.3 percent)

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Risk premium = 1.75/0.124

Risk premium = 14.12

Thus, the market risk premium is 14.12.

Learn more risk premium, here brainly.com/question/28235630

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1 year ago

What is the strategic management process? The CEO decides who the product managers will be for a company. Strategic leaders focu

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Answer:

The correct answer is Strategic leaders design a method to formulate and implement strategy.

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Strategic Management is a process of systematic evaluation of your business, through which long-term objectives are defined, goals and objectives are identified and, very importantly: strategies are developed to achieve the objectives and resources are located to implement them.

Strategic Management serves to determine, based on the point at which your business is located, where you want to go and, most importantly: what decisions you must make along the way to achieve it.

There are four essential phases that make up the Strategic Management process:

Environmental analysis: what are the strengths and weaknesses of your business in its contexts and environment.
Formulation of the strategy: for this, we must take into account the reasons that move us, define the objectives and desired results, the deadlines to achieve them, company policies and set of strategies to implement and the resources that will be necessary to achieve it .
Implementation of the strategy: based on planning each step, designing specific procedures and allocating sufficient budget for each of them.
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4 years ago

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Kisachek [45]

Answer:

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4 years ago