Answer:
Gain per share = $1.58
Total dollar return on investment = $632
Explanation:
In order to calculate the total dollar return on investment we will first calculate the dollar return on one share and then multiply it by the total number of shares.
Share was bought at the initial price of 53 and it paid a dividend of 0.58 and sold for 54. Gain = Selling Price-Buying Price + Dividend.
Gain per share = 54-53+0.58=1.58
Total dollar return= 1.58*400=$632
Answer: With every test, Thomas went on making changes to his new product.
Explanation: key word test he is testing and that is what you do with a prototype
Answer:
The decrease in production, is the right answer.
Explanation:
The decrease in production because if the output is more than planned aggregate expenditure then the equilibrium point will be at a lower point. Thus, in order to reach the equilibrium level, the production has to decrease. Moreover, if the output is lower than the planned aggregate expenditure then the production should be increased to reach the equilibrium point.
Answer: 2
Explanation: The LIFO is known as last in and first out. It is when the last purchased inventory is sold first.
The LIFO allowance account is derived by subtracting LIFO inventory carrying amount from what the inventory would have been under THE FIFO inventory system.
Therefore, LIFO reserves + LIFO inventory = FIFO inventory system.
FIFO is known as the first in, first out inventory system. It is when the inventory purchased first is disposed of first.
The LIFO allowance account is required to be disclosed by the US GAAP. It is recorded either in the balance sheet or in the notes to the financial statement.
I hope my answer helps.
Goodluck