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Brut [27]
4 years ago
15

Sheffield Corp. took a physical inventory on December 31 and determined that goods costing $165,000 were on hand. Not included i

n the physical count were $20,400 of goods purchased from Pelzer Corporation, FOB shipping point, and $21,400 of goods sold to Alvarez Company for $28,000, FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Sheffield report as its December 31 inventory?
Business
1 answer:
Marina86 [1]4 years ago
4 0

Answer: $272,570

Explanation:

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The present value of the following cash flow stream is $8,250 when discounted at 8.7 percent annually. What is the value of the
nikklg [1K]

Answer:

The question is not complete,find attached complete question.

The missing cash flow is $2,901.77  

Explanation:

In order to calculate the missing cash flow, I discounted the other cash flows given to present values using the formula PV=FV/(1+r)^n as is it in  the attached spreadsheet.

Thereafter , I equated the present values to the total present value of $8250 given using X for the unknown cash flow, by solving this equation I arrived at the present value of the missing cash flow .

Finally, I multiplied the present value of the missing cash flow with its discounting factor of  1.1816  , hence I arrived at the missing cash flow of $ 2,901.77  

3 0
4 years ago
Classify each possible change listed according to whether it will make small farms more efficient or less efficient based on the
dybincka [34]

Full question:

Classify each possible change listed according to whether it will make small farms more efficient or less efficient based on the information in the Washington Post article Small vs. Large: Which Size Farm Is Better for the Planet:

Plant more disease-resistant crops, reduce the number of different crops planted, avoid planting genetically modified crops, rely more on organic rather than synthetic methods of farming,

Answer and Explanation:

Plant more disease-resistant crops is classified under more efficient and Less costly. The writer believes disease resistant crops increase efficiency as there is reduced occurrence of death of crops and consequent increased losses and costs

Reduce the number of different crops planted is classified under more efficient and less costly. The writer emphasizes specialization in farming whereby for example planting rice or corn should be done alone and not mixed with other crops as this would be less efficient and costly.

Avoid planting genetically modified crops is classified less efficient and more costly. The writer encourages planting genetically modified crops as genetically modified plants are geared towards increased plant product and yield from genetically optimized plants

Rely more on organic rather than synthetic methods of farming is classified less efficient and more costly. In the article, the writer believes chemically induced crops are bad for the environment and don't yield much in efficiency with time

7 0
3 years ago
In damselflies a basal quadrangular cell in the wing venation is called​
Burka [1]
The answer is discoidal cell
7 0
3 years ago
Why do markets need both adequate competition and adequate information?
madreJ [45]
<span>Let's think about you want to build your home. You know 3 constructors who can build your home as you want to. But the price rate vary to each constructors. so made a tender and call these 3 constructors to join. At last they present their rate to build your building. Here is the question that who would you choose? You must choose that constructor who present the least rate for that tender. And you select the ONE. so you take a competition on three of them. that's why market need adequate competition. So you done it by lower price. It is a important terms that highly executed in business world. Think you want to buy something from another company but you don't know about that product. It means you are ignoring the fact that your money is under a good deal or bad. you have no interest about your money. but you are doing business for the money. so that you need that adequate information for that product. nothing else...</span>
8 0
4 years ago
Department 1 completed and transferred out 450 units and had ending work in process inventory of 60 units. The ending inventory
Assoli18 [71]

Answer:

486 units

Explanation:

Computation for Department 1 The equivalent units of production for labor and overhead units.

Using this formula

(Completed and transferred out units × 100% percent) +(Ending work in process inventory ×60% complete for labor and overhead)

Where:

Completed and transferred out units 450

Ending work in process inventory 60

Let plug in the formula

(450 ×100%)+(60×60%)

=450+36

=486

Therefore the equivalent units of production for labor and overhead is 486 units.

7 0
4 years ago
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