Answer:
The subsidiary reports cost of goods sold at A. $660,000.
Explanation:
Cost of goods sold is the direct cost of producing or purchasing the goods sold by a business. The formula for cost of goods sold is as follows:
Cost of goods sold = Opening inventory + Purchases - Closing inventory
The subsidiary calculates its cost of goods sold as follows.
Opening inventory $120,000
Add: Purchases $720,000
Less: Closing inventory ($180,000)
Cost of goods sold $660,000
Therefore, the correct option is A. $660,000.
Answer:
Explanation:
Price is sum of:
1. Present value of expected dividend payments during 1-4 years;
2. Present value of the expected market price at the end of the fourth year based on growth at 5%.
Present value of expected dividend payments during 1-4 years:
PV1 = 3*(1+0.30)*0.8929 = 3.90*0.8929 = $3.482
*0.8929 = 1/1.12
PV2 = 3.90*1.30*0.7972 = 5.07*0.7972 = $4.042
PV3 = 5.07*1.30*0.7118 = 6.591*0.7118 = $4.691
PV4 = 6.591*1.30*0.6355 = 8.5683*0.6355 = $5.445
Total = $17.661
Present value of the expected market price at the end of the fourth year:
Market price of the share at the end = 5th year dividend/(Required rate of return - growth rate)
5th year dividend = $8.5683*(1+growth rate) = $8.5683*(1+0.05) = $9
Market price of the share at the end = $9/(0.12-0.05) = $128.57
Present value of $128.57 is 128.57*0.6355(present value interest factor for year 4) = $81.7
So the price of share is $17.661+$81.7 = $99.37
Answer:
Based on selecting a sample of 300 computers The probability questions are follows
1. . What is the probability that no computer needs service within the warranty period?
2 . What is the probability that more than half of the computers that are sampled will need warranty period?
3. What is the expected number of computers fail before the warranty period?
Answer:
the standard of living increased
Explanation:
Between the years 1948 and 1990, the level of productivity in the United States of America increased tremendously, to the extent that it was in the doubled fold. Consequently, this increase in the level of productivity simply exemplified that, there is a substantial increase in the standard of living for the average American.
Hence, it can be concluded that, in this case, the workweek didn't get shorter because "the standard of living increased."
Answer:
A
Explanation:
I don't know if I am correct but I am going to try. Debit cards, checks and credit cards come from your money. So that leaves EPTs. Sorry if I am wrong.
