Mr venter is always late for work and take long break is representing unethical behavior or unprofessional?

Swifty Company developed the following information about its inventories in applying the lower-of-cost-or-net realizable value (

Vlad1618 [11]

Answer:

$352,000

Explanation:

The computation is shown below:

Product Net realizable value Cost LCNRV

A $129,000 $126,000 $126,000

B $80,000 $72,000 $72,000

C $154,000 $155,000 $154,000

Total value of the inventory $352,000

This is the answer but the same is not provided in the given options

3 0

3 years ago

On January 30, 2019, prior to the issuance of its financial statements for the year ended December 31, 2018, Crane declared a 10

Sati [7]

Answer:

See below.

Explanation:

Assuming an initial outstanding common shares of 100,000

100% stock dividend means that another 100,000 shares have been issued,

Total outstanding shares then are = 100,000+100,000 = 200,000

Earnings per share = Net Income / Total shares

EPS = 1,130,000 / 200,000

EPS = $5.65/share

You can compute this by inputting any number of shares and increasing the total number by a 100%.

Hope that helps.

4 0

4 years ago

Classy Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includin

Alina [70]

Answer:

a. Contribution margin per passenger = $40

b. Contribution margin ratio = 50%

c. Operating Income = $160,000

d. Operating Income = $27,500

Explanation:

a. Contribution margin per passenger = Ticket price per passenger - Variable cost per passenger

Contribution margin per passenger = $80 - $40

Contribution margin per passenger = $40

b. Contribution margin ratio = Contribution margin per passenger / Ticket price per passenger

Contribution margin ratio = $40 / $80

Contribution margin ratio = 0.5

Contribution margin ratio = 50%

c. Contribution margin per passenger = $40

Sales (in units) = 13,000 Passengers

Total Contribution = $520,000

Fixed Costs = $360,000

Operating Income = $160,000

d. Sales revenue = $775,000

Contribution margin ratio = 50%

Total Contribution =$387,500 ($775,000 * 50%)

Fixed Costs = $360,000

Operating Income = $27,500

7 0

3 years ago

An economy in which more effort is devoted to the production of services than to the production of goods is called the:

kirza4 [7]

The economy is the service economy

4 0

3 years ago

Sally types documents that have a few numbers but mostly letters. To enter these numbers, she should use the _____.

kramer

Numeric keypad on the right side

5 0

4 years ago