Answer:
$15,350
Explanation:
Merchandise inventory can be defined as the cost of goods which is for sale at any given period of time in which the distributor or wholesaler acquire from their suppliers with an intention of selling them.
Costs of goods incurred $12,500
Goods shipped to the buyer $950
Additional costs of goods acquired $1,900
TOTAL $15,350
Therefore the buyer’s total cost of merchandise inventory is $15,350
Solution:
PV = FV x
(App. B: 10%, 2 periods)
= $6,000 x 0.826 - $4,956
PV = FV x
(App. B: 10%, 3 periods)
= $8,000 x 0.751 = $6,008
PV = FV x
(App. B: 10%, 4 periods)
= $10,000 x 0.683 = $6,830
Net Value of Payments = ($4,956) + ($6,008) + $6,830 = ($4,134)
Answer:
"I will notify my health care provider if persistent bleeding occurs."
Explanation:
When a patient no longer needs hospital staff to care for them the hospital will discharge them and send them home. However the patient still needs to to follow all the instructions from their healthcare providers to prevent problems from arising that can lead the patient to end back in the hospital. This is why self-care teaching is so important.
Answer:
The journal entry for recovery is shown below:
Explanation:
When the company, determine that it could not collect the amount, then the entry which should be recorded is:
Accounts receivable A/c..........Dr $66,000
Bad debts expenseA/c........Cr $66,000
But on October 30, the company received the full amount from the customer, then entry for recovery of the bad debt is as:
Cash A/c.................................Dr $66,000
Accounts Receivable A/c.......Cr $66,000
Answer and Explanation:
The computation of the dividend per share for each class of stock for four years are as follows
Preferred stock
= 25,000 shares × $25 × 3%
= $18,750
The dividend per share is
= $18,750 ÷ 25,000 shares
= $0.75
Now for the first year
= $7,250 ÷ 25,000
= $0.29
And the 0 is for Common stockholders
For the second year
Preferred stock
= $11,750 ÷ $25,000
= $0.47
And the 0 is for Common stockholders
For the third year
Preferred stock
= $0.46 + $0.28 + $0.75
= $1.49
And for the Common stockholders
= $27,900 ÷ 31,000 shares
= $0.9
For the fourth year
Preferred stock = $0.75
And, for the common stockholders
= $94,860 ÷ 31,000 shares
= $3.06