Answer:
The answer is stated below:
Explanation:
A. Received or collected $10,000 in exchange of the common stock:
This transaction will have an impact on the Accounting Equation of the Accounts, which is :
Assets = Liabilities + Equity
As the cash is received, there will be an increase in the assets and under the cash account of the current assets. Though the cash is against the common stock, which increases the common stock account upon the side of the equity.
Therefore, it will be:
Increase in assets (Cash) : Increase in equity (Common Stock)
B. Bought the equipment on account worth $5,000.
This transaction will have an impact on the Accounting Equation as:
As the equipment is purchased will in turn lead to increase in the assets side, under the equipment account and it is purchased on account, which means on credit, that leads to increase in the liability under the Accounts Payable account.
Therefore, it will be:
Increase in assets (Equipment) : Increase in Liability (Accounts Payable)
Answer:
a) FIFO
Explanation:
FIFO means first in, first out. It is an inventory system where the first purchased inventory is the first to be sold . The cost of goods sold is $30 which is equal to the price of the first purchased inventory . Therefore, the FIFO inventory system was used.
LIFO means last in, first out. It is an inventory system where the last purchased inventory is the first to be sold.
Weighted average is when the weighted price of inventory is used as the cost of goods sold.
I hope my answer helps you.
If an investor does not diversify his portfolio and instead puts all of his money in one stock, the appropriate measure of security risk for that investor is the "stock's standard deviation."
<h3>What is
standard deviation?</h3>
The standard deviation would be a statistic that calculates as square root of a variance and indicates the dispersion of the a dataset compared to its mean.
Its standard deviation is determined as the square root of the variance by determining the deviation of each data point from the mean.
Some key features regarding the standard deviation, are-
- The standard deviation of a dataset reflects its dispersion compared to its mean.
- A square root of a variance is used to compute it.
- In finance, standard deviation is frequently employed as a measurement of an asset's relative riskiness.
- The volatile stock has a large standard deviation, whereas a description stock has a low deviation.
- The standard deviation, on the other hand, assesses all ambiguity as risk, especially when it is in the investor's advantage, such as above-average profits.
To know more about standard deviation, here
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The trend toward hiring temporary workers is up.
Answer:
The optimal size of production run is 4656
Explanation:
Annual Demand (D) = 12,200
Daily demand (d) = Annual Demand / Number of days
Daily demand (d) = 12,200 / 300
Daily demand (d) = 40.67
Production rate per day (p) — 95
Setup cost (S) = 51
Annual holding cost (H) = 0.1
Part a)
Optimal Order Quantity (Q) = 3527.6 × 1.32
Optimal Order Quantity (Q)= 4,656.43
Optimal Order Quantity (Q)= 4,656
Therefore the optimal size of production run is 4656
