Guys I need HELP!!! What is investing?

what is the average inventory of a business that turns over inventory 10.0 times a year and has a cost of goods sold of $300,00

nikdorinn [45]

Answer:12

Explanation:

4 0

3 years ago

A company reported total stockholders' equity of $340,000 on its balance sheet dated December 31, 2018. During the year ended De

Digiron [165]

Answer:

$420,000

Explanation:

According to the question for computation of total stockholders' equity first we need to find out the addition to retained earning during 2019 which is shown below:-

Addition to retained earnings during 2019 = Net income - Cash dividend - Stock dividend

= $40,000 - $8,000 - $10,000

= $22,000

Total stockholders equity at December 31, 2019 = Stockholders equity, December 31, 2018 + Addition to retained earnings during 2019 + Stock dividend + Issue of new common stock - Purchase of Treasury stock

= $340,000 + $22,000 + $10,000 + $60,000 - $12,000

= $432,000 - $12,000

= $420,000

3 0

3 years ago

An engineering graduate plans to buy a home. She has been advised that her monthly house and property tax payment should not exc

dimaraw [331]

Answer:

$83,107.20

Explanation:

Amount available for monthly house payment = [$ 2000 * 35% ] - $ 150

= $700 - $150

= $550

Effective rate per month = 6.95% / 12 months = 0.00579 = 0.579%

No of periods = 30 years * 12 months = 360 months

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

[P/A,0.579%,360] =[(1 + i)^n - 1] / [( 1 + i)^n * I]= [(1 + 0.00579)^360 - 1] / [( 1 + 0.00579)^360 * 0.00579]

P/A,0.579%,360 = [7.99158 - 1] / [ 7.99158 * 0.00579]

P/A,0.579%,360 = 6.99158 / 0.04627

P/A,0.579%,360 = 151.104

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

Present Value = $550 * 151.104

Present Value = $83,107.20

Thus, the max amount she can par for the house is $83,107.20

6 0

3 years ago

In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decr

Monica [59]

In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as consumption when purchased by households and investment when purchased by businesses.

Gross domestic product (GDP) is the overall monetary or market value of all of the goods and services produced within a country's borders in a particular time period.

GDP can be calculated by adding up all of the money spent by consumers, businesses, and the government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy.

learn more about Gross domestic product (GDP) here

brainly.com/question/1383956

#SPJ4

3 0

2 years ago

The following information is related to the defined benefit pension plan of Dreamworld Company for the year: Service cost $ 61,0

SIZIF [17.4K]

Answer:

The pension expense for the year is $94,130

Explanation:

The computation of the pension expense is shown below:

= Service cost + Interest cost - expected return of plant

where,

Service cost = $61,000

Interest cost = PBO, January 1 × discount rate

= $910,000 × 10%

= $91,000

Expected return on plant asset = Plan assets (fair value), January 1 × Long-term expected return on plan assets

= $643,000 × 9%

= $57,870

Now put these values to the above formula

So, the value would equal to

= $61,000 + $91,000 - $57,870

= $94,130

6 0

3 years ago