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Advocard [28]
3 years ago
5

Which of the following is NOT a cost typically associated with owning a car?

Business
1 answer:
KATRIN_1 [288]3 years ago
4 0
C is your correct answer 

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8. Brady Inc. reported FIFO ending inventory of $114,000 and FIFO beginning inventory of $110,000 for 2018. Inventory purchases
atroni [7]

Answer:

$232,825

Explanation:

Step 1: Calculation of cost of goods sold (COGS) under First In First Out (FIFO)

Since we know that;

Ending inventory = Beginning inventory + Purchase - COGS of FIFO

Therefore, we can rearrange to make COGS the subject of the formula and substitute the values as follows:

COGS under FIFO = Beginning inventory + Purchase - Ending inventory

                               = $110,000 + $237,500 - $114,000 =

COGS under FIFO = $233,500

Step 2: Calculation of COGS under Last In First Out (LIFO)

COGS under LIFO = COGS under FIFO - Rise in LIFO reserve

                              = $233,500 - $675

COGS under LIFO = $232,825

Therefore, the value of COGS LIFO for Brady Inc. in 2018 is $232,825.

7 0
3 years ago
BenchMark, Inc., just paid a dividend of $3.45 on its stock. The growth rate in dividends is expected to be a constant 5 percent
Ludmilka [50]

Answer:

BenchMark, Inc.

The current share price for the stock is:

$43.13

Explanation:

Dividend per share = $3.45

Growth rate = 5%

Investors' required rate of return = 13%

Stock value = Dividend per share / (Required Rate of Return – Dividend Growth Rate)

= $3.45/(0.13 - 0.05)

= $43.13

b) To determine BenchMark, Inc.'s current share price divide the dividend per share by the required rate of return after subtracting the growth rate from the required rate of return.

8 0
3 years ago
Management by objective is part of which type of performance appraisal system?
Solnce55 [7]
Management by objective is part of the goal-oriented appraisal system.

Using the goal-oriented appraisal system managers and their staff is focused on their current task and the end result of completing it. The set goals (what the want to accomplish) and strive for the end result to be a direct reflection of that goal. 
7 0
3 years ago
For the year, Wilson Manufacturing, Inc. increased its current assets by $62,000, decreased its current liabilities by $55,000,
Oksana_A [137]

Answer:

investment cash flow is $19,000

Explanation:

given data

current assets = $62,000

current liabilities = $55,000

fixed assets = $19,000

to find out

investment cash flow for the year

solution

as we know that cash flows increase or decrease as the result of change in the fixed assets is consider to be cash flows by investment activities

and Changes in working capital cash flow is operating cash flows not investment cash flows

so we can say that

investment cash flow is $19,000

8 0
3 years ago
The goal of the g21 plan was to bring a vehicle to market that represented a great value and had great environmental benefits. t
svet-max [94.6K]

The answer to the blank space is green marketing.

The Prius is supposed to be marketed for its great value and environmental benefits – thus making the type of marketing the company is doing a green marketing. A green marketing is defined as the process of marketing a product or service based on their environmental benefits – it could be because the product itself is environmentally-friendly (such as the Prius, which is a hybrid electric-gasoline car, which means that it won’t emit as much pollution) or because it is produced in an environmental-friendly way.

8 0
3 years ago
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