When compared with last development countries a higher proportion of people in developed Nations fall into which age group

Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at

Lostsunrise [7]

Answer:

The answer is: $100,000

Explanation:

Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:

We were given the following data:

Jan. 1: 8,000 purchased at $11 per unit
June 19: 13,000 purchased at $12 per unit
Nov. 8: 5,000 purchased at $13 per unit

If the ending inventory had 9,000 units, then its total cost is:

Ending inventory = (8,000 units x $11 per unit) + (1,000 units x $12 per unit)

Ending inventory = $88,000 + $12,000 = $100,000

3 0

3 years ago

You are given the following information for Lightning Power Co. Assume the company’s tax rate is 24 percent. Debt: 19,000 6.8 pe

diamong [38]

Answer:

Company's WACC is 9.6%

Explanation:

WACC is the average cost of capital of the firm based on the weightage of the debt and weightage of the equity multiplied to their respective costs.

Formula for WACC

Weighted Average Cost of Capital = (Cost of Equity x Weightage of equity) + (Cost of preferred Stock x Weightage of preferred Stock ) + (Cost of Debt (1 -t) x Weightage of Debt)

Market Values

Equity = 520,000 x $70 = $36,400,000

Preferred = 23,000 x $91 = $2,093,000

Debt = $1,110 x 19,000 = $21,090,000

Total Value = $36,400,000 + $2,093,000 + $21,090,000 = $59,583,000

Cost of Equity :

We can calculate cost of equity using CAPM

Capital asset pricing model measure the expected return on an asset or investment. it is used to make decision for addition of specific investment in a well diversified portfolio.

Formula for CAPM

Cost of Equity = Risk free rate + beta ( market return - risk free rate )

Cost of Equity = Rf + β ( Rm - Rf )

Cost of Equity = 5.5% + 1.21 ( 6% )

Cost of Equity = 12.76%

Cost of Preferred stock = 4.6%

We need to calculate the yield to maturity

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Placing value in the formula

Yield to maturity = [ 34 + ( $1,000 - $1,110 ) / 48 ] / [ ( $1,000 + $1,110 ) / 2 ]

Yield to maturity = 3% semiannually = 6% annually

Placing values in the formula

Weighted Average Cost of Capital = (12.76% x $36,400,000 / $59,583,000 ) + ( 4.6% x $2,093,000 / $59,583,000 ) + (6% (1 - 0.24 ) x $21,090,000 / $59,583,000 )

Weighted Average Cost of Capital = 7.80% + 0.16% + 1.61% = 9.57%

7 0

3 years ago

You purchased 100 shares of stock for $5 per share. After holding the stock for 8 years and not receiving any dividends, you sel

REY [17]

Holding period = 8 years
ROI / year = (42 - 5)/8 = 4,62 $ a year
(not sure)

7 0

3 years ago

__________ are a type of limited-function wholesaler that owns products they sell, but do not actually handle, stock, or deliver

bagirrra123 [75]

Answer:

Option C (Drop-shippers) is the correct choice.

Explanation:

Drop shipping would be a technique of retail fulfillment where a store does not maintain the items in stock that it advertises or sell. Instead, whenever a store offering its products that used the drop shipping framework, it buys goods from either a third party and it may have delivered the product straightforwardly.
The products are owned by Drop shippers but they have never handled or executed them.

Some other alternatives given weren’t linked to the scenario in question. So, the alternative above is the right one.

6 0

3 years ago

Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6

deff fn [24]

Answer:

1755 units are ordered

Explanation:

given data

Daily demand = 100 units

standard deviation = 25 units

review period = 10 days

lead time = 6 days

stock = 50 units

service probability = 98 percent

to find out

how many units should be ordered

solution

order quantity is calculated in fix time period formula is express as

q = $\bar{d}(L+R) + z \sigma_{L+R} - I$ .........................a

here L is lead time and R is review time and σ is standard deviation and I is stock and d is Daily demand

so first we find here standard deviation that is

$\sigma_{L+R} = \sqrt{L} * \sigma$ ...................1

$\sigma_{L+R} = \sqrt{25} * 25$

$\sigma_{L+R} =100$

so the value of z is for 98 % service probability is 2.05

so put here value in equation 1

q = 100 × ( 6 +10) +(2.05) × 100 - 50

q = 1755 units

so 1755 units are ordered

5 0

3 years ago