Answer:
c. materials inventory, work-in-process inventory, finished goods inventory, cost of goods sold.
Explanation:
Costs are not static, they are dynamic, therefore, they move through the value chain.
It all begins with the cost of raw materials that push the whole chain. Afterwards, the cost moves to the work-in-process inventory. When the goods are finished, the cost moves to finished goods inventory, with the storing cost firstly in mind. Lastly, the cost resides with the cost of goods sold, with the added costs of distribution and sales.
Accounting-wise, the flow of cost introduces the LIFO and FIFO systems, which relate to the way how cost is managed throughout the flow - backward or forward.
Answer: $400,000
Explanation:
Only stock that are ISSUED are to be paid dividends on NOT those Authorized.
Even after that, we would still have to remove the Treasury stock because Treasury Stock is stock that was PREVIOUSLY outstanding but was repurchased by the company and so Dividends will not be paid on them.
So now we calculate the Shares Outstanding that are liable for Dividend payment.
That would be,
= 360,000 - 160,000(Treasury Stock)
= 200,000 shares will have dividends paid to them.
Since the dividends are $2.00 per share we then have,
= 200,000 * 2
= $400,000
$400,000 is the total amount of the dividend that will be paid.
The given statement " Without engaging in international trade, Candonia and Sylvania would have been able to consume at the after-trade consumption bundles " is FALSE
Explanation:
Any amount outside the initial PPF of a country is considered unlikely without participating in international trade. This means that the PPF bundles are the largest quantity of the items that a nation can produce (and thus consume) without exchange provided the capital of an individual country.
Candonia and Sylvania will actually consume specialization outside their own PPFs, by using the comparative advantage of each nation to realize income from the exchange.
