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IrinaK [193]
3 years ago
8

EA6.

Business
1 answer:
vodomira [7]3 years ago
6 0

Answer:

$750

Explanation:

The formula for determination of beginning inventory is given below:

Cost of goods sold=opening inventory+purchases-closing inventory

Cost of goods sold=$2,000

Purchases=$2,250

closing inventory=$1,000

Opening inventory=Cost of goods sold+closing inventory-purchases

                             =2,000+1,000-2,250

                             =$750

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Problem 14-04 Stock Repurchase A firm has 5 million shares outstanding with a market price of $15 per share. The firm has $15 mi
Charra [1.4K]

Answer:

$60 million

Explanation:

The computation of the value of operations after the repurchase is shown below:-

Total corporate value = Value of operation + marketable securities

(5 × $15 million) = Value of operation + $15  million

$75 million = Value of operation + $15  million

Value of operation = $75 million - $15  million

= $60 million

We simply applied the above formula so that the firm's value of operations after the repurchase could come

5 0
2 years ago
Self-imposed budgets typically are:
Pepsi [2]

Answer:

C. subject to review by higher levels of management in order to prevent the budgets from becoming too loose.

Explanation:

Self-imposed budgets typically are subject to review by higher levels of management in order to prevent the budgets from becoming too loose.

Self-imposed budget also known as the participative budget is a type of budget where individuals having responsibility for controlling costs, prepares their own budget estimates and present them to the top level of management for review.

3 0
2 years ago
Suppose the U.S. government imposes a quota on the number of Japanese-made cars allowed into the United States (the quota is set
Arturiano [62]

Answer:

The correct answer is c increase; remain the same.

Explanation:

Regardless of the motor market, in the technological world, audiovisual, sound and appliances, the Japanese country has evolved to become a huge world power sweeping the rest of the brands and filling all the sales lists. In addition, companies such as Toyota were gradually entering the forefront of the most Americanized and most popular vehicles in the United States. In 2007, the company displaced General Motors for the first time in the top of sales.

7 0
3 years ago
The federal reserve's goal in managing the money supply is to ensure that money retains its value.
sattari [20]
The answer is B: False The Federal's Reserve goal is t<span>o provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
6 0
3 years ago
Firecracker Company has developed the following standards for one of its products. Direct materials: 15 pounds × $16 per pound D
Natasha_Volkova [10]

Answer:

(-$10,000) Unfavorable

Explanation:

Direct materials:

Quantity = 15 pounds  

Standard price = $16 per pound

Actual price = Purchase Price ÷ Purchase quantity

                    = 170,000 ÷ 10,000

                    = 17

Material price variance:

= Actual purchase quantity × (Standard price - Actual price)

= 10,000 × ($16 - $17)

= 10,000 × (-$1)

= (-$10,000) Unfavorable

7 0
3 years ago
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