Answer:
$100
Explanation:
The computation is shown below;
We know that
Cost of material used = Beginning balance of raw material inventory + purchase made during the month - ending balance of raw material inventory
$900 = Beginning balance of raw material inventory + $1,000 - $200
$900 = Beginning balance of raw material inventory + $800
So, the Beginning balance of raw material inventory would be
= $900 - $800
= $100
Answer: C. chief executive officers of companies listed on the NYSE.
Explanation:
The Uniform Securities Act was put in place in order to curtail securities fraud. It was designed in order to protect the public.
It should be noted that Any offer or sale to any of the following would be considered exempt from the registration and advertising filing requirements of the USA except the chief executive officers of companies listed on the NYSE.
Answer: c. $18,000
Explanation:
Provision for doubtful accounts estimate;
= 600,000 * 3%
= $18,000
This is the Percentage of sales method and it ignores the existing balance in the Provision for doubtful accounts using only the estimate provided.
The future value of 875 six years from now is mathematically given as
F= 1.313.13
<h3>What is the
future value of 875 six years from now if the required rate of return is 7%?</h3>
Generally, the equation for Future Value is mathematically given as
Future Value = P * (1+r)^n
Therefore
F= 875 * (1+7%)^6
F= 875 * 1.50073035
F= 1.313.13
In conclusion, Future Value
F= 1.313.13
Read more about Future Value
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Answer:
Inventory Turnover
Explanation:
This is an example of inventory turn over ratio.
By definition an inventory turnover ratio measures the number of times the the company has sold and replaced the inventory.
It is calculated by the following formula,
Inventory Turnover = Cost of goods sold / Average inventory.
All the other options are irrelevant in context with the definition provided.
Hope that helps.
