Answer:
-$210,000
Explanation:
Issued Common Stock at par for Cash $250,000
Less:
Declared and paid a cash dividend $20,000
Repayment of 6-year note payable $440,000
Net Cash provided by Financing Activities ($210,000)
Answer:
$785.34
Explanation:
The computation of the seller's share of the tax bill is shown below:
= Expected estate taxes for the year × number of days of the tax year ÷ total number of days in a year
= $31,50 × 91 days ÷ 365 days
= $785.34
We simply applied the proportionate method so that the approximate value could be arrived by taking all the information which is mentioned in the question.
Answer: Cost per unit $15.2, cost of good sold $10,640
Explanation:
Weighted Average cost per unit = 15,200/1000
= $15.2
Ending inventory (400 × 15.2)
= 6,080
Cost of good available for sale = 15,200
Cost of good sold (700 × 15.2)
= $10,640
Answer:
True. It is called Impulse purchase.
an impulse purchase is made when the consumer has no need for the product or service yet he or she purchase it as a result of a quick decision, usually triggered by the marketing strategies employed by the organizations.
Impulsive purchasing behaviour can have negative impacts on the consumers, including buying things they do not need and mounting unnecessary debt.
Explanation:
Answer and Explanation:
The computation of the ending inventory for the year 2021, 2022 and 2023 is shown in the attachment below
It is to be divided into two parts
1. Inventory converted to the base year in which the base year is considered by taking the cost index
2. Inventory converted to cash in which the inventory converted to the base year, cost index is considered so that the inventory converted to cash could come plus the value of the inventory using the LIFO method also comes
