Answer:
$5500.
Explanation:
The computation of the cost of goods sold is shown below:
Let us assume beginning WIP be $2000
So,
ending WIP is
= ($2000 - $1000)
= $1000
And,
Let us assume the beginning finished goods be $1000
So, the ending finished goods is
= ($1000 + $500)
= $1500
Now as we know that
Cost of goods manufactured = Total manufacturing cost + Beginning WIP - Ending WIP
= $5000 + $2000 - $1000
= $6000
Now
cost of goods sold=Cost of goods manufactured+Beginning finished goods-Ending finished goods
= $6000 + $1000 - $1500
=$5500.
The main risk posed by pests when it comes to food is that of d. Biological contamination
Pests are very bad for food because:
- They can infect it with faces
- They can infect the food with dangerous pathogens
Fetal contamination and bacterial (pathogenic) infections are examples of biological contamination.
We can therefore conclude that pests are more likely than not, to pose a risk of biological contamination.
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Answer:
Additional Preferred Stock
Explanation:
Preferred Stock always provides a preferential right in terms of distribution of earnings. But in no manner it increases the common equity, or the number of participants in common equity.
Also, there is no voting right attached with the preference shares of a company.
As when new equity will be issued the number of shareholders will increase and also the share percentage held currently will fall.
Accordingly the voting right and voting control will fall.
As investor do not desire the above, the preference share capital shall be issued so that there is no decline in voting share or control of the investor.
Answer: $20,455.66
Explanation:
These are fixed payments per year so it is an annuity.
The present value annuity factor for a discount rate of 10% and 6 years duration is 4.3553.
The present value of the investment is therefore;
= 65,000 * 4.3553
= $283,094.50
The special payment in 2 years from today will be;
Special payment = future value of difference between investment amount and investment present value
= (300,000 - 283,094.50) * ( 1 + 10%)^2
= $20,455.66
Answer:
Option (c) is correct.
Explanation:
Given information indicates that there is a positive relationship between the price of the good and the quantity supplied of that good. This means that as the price of the good increases then as a result quantity supplied also increases.
When price changes from $3 to $3.20, then quantity supplied increases by:
= 600 - 540
= 60 units
When price changes from $3.20 to $3.40, then quantity supplied increases by:
= 650 - 600
= 50 units
When price changes from $3.40 to $3.60, then quantity supplied increases by:
= 700 - 650
= 50 units
When price changes from $3.60 to $3.80, then quantity supplied increases by:
= 720 - 700
= 20 units
When price changes from $3.80 to $4.00, then quantity supplied increases by:
= 730 - 720
= 10 units