When a recession end,

A company purchased 400 units at $75 per unit. The company sold 385 units. what is the cost of goods sold and ending inventory

schepotkina [342]

Answer:

Cost of goods sold $28,875

Ending inventory $1,125

Explanation:

Calculation for cost of goods sold and ending inventory

Cost of goods sold is calculated using this formula

Cost of goods sold=Sales units *Purchased per units

Let plug in the formula

Cost of goods sold=385 units *$75 per unit

Cost of goods sold=$28,875

Calculation for the ending inventory using this formula

Ending inventory=(Purchased units * purchased per unit) -Cost of goods sold

Let plug in the formula

Ending inventory=(400 units× 75 per unit) -$28,875

Ending inventory=$30,000-$28,875

Ending inventory=$1,125

Therefore the Cost of goods sold will be $28,875 while the Ending inventory will be $1,125

8 0

3 years ago

a perpetual bond with a par value of $1,000 and a semiannual coupon has a yield to maturity of 5.20% and a current price of $1,0

ycow [4]

Rate = 5.2% / 2 = 2.6%

Price = Semi annual coupon / Yield

1,055 = Semi annual coupon / 0.026

Semi annual coupon = 27.43

Annual coupon = 27.43 * 2 = 54.86

Current yield = (Coupon / price) * 100

Current yield = (54.86 / 1,055) * 100

Current yield = 5.20%

A perpetual bond, also regarded colloquially as a perpetual or perp, is a bond without a maturity date, consequently allowing it to be handled as equity, not as debt. Issuers pay coupons on perpetual bonds all the time, and they no longer ought to redeem the most important. Perpetual bond coin flows are, consequently, the ones of perpetuity.

A perpetual bond is a bond not using a maturity date that isn't always redeemable however can pay a regular circulate of interest for all time.

Maturity or maturity date is the date on which the very last fee is due on a loan or other financial device, consisting of a bond or term deposit, at which factor the major is because of being paid. Most devices have a hard and fast maturity date which is a particular date on which the device matures.

Learn more about Perpetual bonds here: brainly.com/question/14685796

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4 0

1 year ago

What’s the best way for the FED (Federal Reserve Board) to create a tight money market? Buy government bonds and sell government

Triss [41]

Answer: Sell government bonds and raise the discount rate

Explanation:

Fed uses open market operations for controlling the money supply in the economy. If fed wants to create a tight money market then it should sell the government securities to the public which will reduce the money supply in the economy. It is known as contractionary monetary policy.

Discount rate is defined as the interest rate on the discounted loan. If there is an increase in the discount rate then it will be more expensive for the banks to borrow from Fed and hence they borrow less. This will decrease the lending capacity of the banks which reduces the money supply in an economy.

Therefore, Sell government bonds and raise the discount rate are the best ways to contract the money supply.

4 0

3 years ago

In 2014, the United States defined poverty as the state in which anyone is surviving on less than $1. 25 a day. $5. 25 a day. $1

SIZIF [17.4K]

In 2014, the United States defined poverty as the state in which anyone is surviving on less than $32.00 per day.

<h3>What are the measures of poverty?</h3>

Poverty can be measured with current income condition of an individual to fulfil the basic necessities of life. It focuses on poverty measures such as income, food, and housing access, among others.

It is calculated by keeping in mind three factors which are as follows-

· Basic needs of individual

· Income before paying tax

· Inflation or change in the price of goods and services

The physical poverty model is widely used in income poverty surveys to assess lack of access to financial opportunities, to meet basic fundamental requirements. If a person's earnings is insufficient to purchase the amount of goods and services used to define poverty, they are considered poor.

In 2014, United States considered people as below poverty lines whose daily earning is less than $32.00 per day.

Learn more about poverty refers to:

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8 0

3 years ago

Aim higher college has deployed an open source blog package. this package uses a database backend and allows users to create use

Svetradugi [14.3K]

The application administrator should tighten measures on the external application used in the database backend especially when it comes to creating user IDs in order to prevent unauthorized users - any off-campus or even non-affiliated users to indiscriminately post links, especially malware and malicious ones. This can be done by selecting a viable verification method in order to only allow on-campus students to sign-up to the service.

4 0

4 years ago