Answer:
$1560
Explanation:
The inventory in hand is 35 units and the total number of units are 120 units which means the units sold are 85. According to First in First Out method, the total units that are sold first are 30 units at the rate $19 per unit and 55 units at the rate $18 per unit.
This means:
Inventory sold = $19*30 + $18*55 = $1560
So the amount allocated to cost of goods sold is $1560.
Answer:
generate cash quickly.
Explanation:
The selling of receivables for the collection of cash is known as factoring. It is done by engaging a third party ( usually finance companies) to purchase the debt owed by another party for cash such that when the debt are settled, the settlement goes to the third party.
Receivables might be sold to collect cash (thus shortening the cash-to-cash operating cycle). This is usually done at an amount lower than the receivable itself mostly with the motive of improving cash flows for the selling organization.
Considering all the option given the right option is Receivables might be sold to.
The highest barometric pressure ever recorded was 1083.8mb (32 in) at Agata, Siberia, Russia (alt. 262m or 862ft) on 31 December 1968. This pressure corresponds to being at an altitude of nearly 600 m (2,000 ft) below sea level!
Shareholders in a management company have all of the following rights except the right to vote a to change the investment objective of the fund.(option A)
<h3>What are the rights of shareholders?</h3>
A shareholder is a person or group of people who have purchased shares in a public company. The shares gives the shareholders ownership rights in the company.
The shareholders can vote during annual general meetings on matters relating to dividends, membership of the board of directors and investment adviser.
To learn more about shareholders, please check: brainly.com/question/19162424
#SPJ1
I would say false. the par value is not necessarily the amount that the investor must pay in order to purchase the preferred stock. the par value is known to be the market price of the stock however, investors may offer the stock above or below the par value depending on the decision of the board
