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Answer: $51
Explanation:
A, B, C, D, E, F, G were purchased for $2.50 per letter which means they cost;
= 7 * 2.50
= $17.50
H to L were purchased at $4.50 per letter which means they cost;
= 5 * 4.5
= $22.50
M to R were purchased at $5.50;
= 6 * 5.5
= $33
Total inventory cost = 17.50 + 22.50 + 33 = $73
Inventory sold = 2.5 + 2.5 + 2.5 + 4.5 + 4.5 + 5.5
= $22
Ending Inventory = Total inventory - inventory sold
= 73 - 22
= $51
Answer:
A) Benefit farming communities in Congo
Explanation:
A policy of paying more than strictly necessary to poor farmers in Congo directly benefits those communities because it allows them to have more income available.
None of the other three answers address this effect. B) is wrong because the firm is incurring in higher wage costs, which does not benefit the company's bottom line. C) is wrong because farming is not part of the third sector of the economy, it is part of the first sector or primary sector, and D) is wrong because we do not have enough information to assume that those jobs in Congo were previously located somewhere else.
Answer:
839,793 stocks
Explanation:
Net proceeds = total proceeds - underwriting fees
- net proceeds = $24,200,000
- total proceeds = [stock price x (1 - spread)] x total number of stocks
- underwriting fees = $631,000
$24,200,000 = [$32 x (1 - 0.076)]X - $631,000
$24,831,000 = $29.568X
X = $24,831,000 / $29.568 = 839,793 stocks
