Answer: None of the above
Explanation: f the relative price of one unit of good y is 0.25 units of good z, it means that
Out of the given options none satisfy this condition, for
a.
b.
c.
Therefore, none of the above options satisfy the relative price equation.
Answer:
Value of ending inventory = $960.4
Explanation:
To value inventory, The weighted average inventory method uses the value of weighted average price of all the batches purchased till date. The weighted average price is re-computed whenever a new batch of stock is received.
Step 1
<em>Calculate the weighted average price</em>
For Glasgow, we can work out the weighted average price as follows:
The total value = (65 × $3.40) +( 310× $3.90) +( 145 × $4.00) + ( 60 × $4.40)
= $2,274
The total quantity purchased before sales
= 65 + 310 + 145 + 60
= 580 units
Weighted average price
= $2,274/ 580 units = $3.92
Step 2
<em>Calculate the closing inventory units</em>
<em>Closing inventory = opening inventory + purchases - sales</em>
= 65 + 310 + 145 + 60 - 335
= 245 units
Step 3
<em>Value the closing inventory</em>
= 245 × $3.92
= $960.4
Value of ending inventory = $960.4
Explanation:
The four current perspectives of organizational effectiveness are the ability that a company has to acquire knowledge, use, share and keep.
In the globalized and competitive business scenario, the organizations that stand out and are well positioned are those that know how to use their resources most effectively, extracting knowledge from each organizational resource that will provide subsidies for the continuous improvement of all organizational systems.
A company can acquire knowledge through experience in the market, consulting, training, benchmarking, interactions, technologies, etc., and through this acquired knowledge it is necessary to use it in line with organizational objectives and goals and also having the responsibility that its actions and strategies will impact directly in the internal and external environment, so knowledge will align the company and its values with the values of its stakeholders.
Knowledge sharing is also essential for companies to manage human resources and transmit the values, policies, procedures, etc. to their workforce, which will guide the work and create an organizational climate favorable to individual and team development. job.
Storing information can be understood as meaningful and learned values for companies that are valuable for their effectiveness and compliance with strategies.
It is ideal that companies adapt to new technologies and market trends, seeking to satisfy their stakeholders, exercise corporate governance and manage processes in search of continuous improvement.
The practice of buying goods and services now and paying for them later is termed is<u> Bartering</u>.
A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.
In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.
A carpenter who constructs a fence for a farmer is a straightforward illustration of a barter transaction.
The farmer might compensate the carpenter with $1,000 worth of crops or groceries rather than paying the builder $1,000 in cash for labor and supplies.
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The answer is $3,500.
Given,
On July 1, Atlantic Cruise Lines issues a $100,000, eight-month, 7% note.
Interest is payable at maturity.
Maturity date = July 1 + 8 months = March 1
Total interest incurred on maturity = Value of the note × Interest rate × time period
= 
= $4,666.67
Number of months as on December 31 = 6 months
Therefore, the amount of interest expense that the company would record in a year-end adjustment on December 31 is given by:
Interest expense = Total interest incurred on maturity × no. of months as on December 31
= $4,666.67 × 
= $3,500
Hence, the amount of interest expense that the company would record in a year-end adjusting entry on December 31 is $3,500
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