Answer:
$414,000
Explanation:
Product Cost Market
A <u>$135000</u> $142000
B $94000 <u>$90000</u>
C <u>$189000</u> $191000
When a company uses the lower of cost or market rule in order to report their inventory level, they must calculate it based on which is lower, the purchase cost or the market value.
In this case, the company should report products A and C at cost (which are lower than market value), but it should report product B at market value because it's lower.
ending inventory = $135,000 + $90,000 + $189,000 = $414,000
Answer:
$381.49
Explanation:
To calculate the stock price in 9 years from now, we can use the growing perpetuity formula but adjusted to year 9
Present value year 9 = current dividend (1 + growth rate)⁹ / (return rate - growth rate) = $13 (1.078)⁹ / (14.5% - 7.8%) = $25.56 / 6.7% = $381.49
the expected price of IBM's stock in 9 years is $381.49
What is the task ? Mathematical equations?
A house is generally considered an appreciating asset because it may increase in value over time.
Hope that helps.