Answer:
$6.71 per unit
Explanation:
The computation of average cost method is given below:-
Beginning Inventory
= 190 units × $7.30
= $1,387
Purchases
= 720 units × $7.30
= $5,256
Purchases
= 590 units × $5.80
= 3,422
Total units = 1,500
Total cost = $10,065
So, average cost per unit
Total cost ÷ Total number of units
= $10,065 ÷ 1,500
= $6.71 per unit
Therefore, to calculate the average cost per unit for May we simply divide 10,065 from 1,500
Answer:
336,405.28
Explanation:
Present value can be found by discounting the cash flows at the discount rate.
Present value can be found using a financial calculator:
Cash flow from year 1 to 4 = 0
Cash flow from year 5 -25 = $70,000
Discount rate = 12%
Present value = $336,405.28
I hope my answer helps you
Answer:
A. True
Explanation:
Since Chase wants a long term fund that doesn't require a interest, it can be advisable that Chase uses the company's retained earnings.
Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders. A business generates earnings that can be positive (profits) or negative (losses).
Answer: See explanation
Explanation:
The reasons for the difference in wages include:
1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.
2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.
3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.
Answer: d. cause businesses to increase their focus on nonprice aspects of their promotional message.
Explanation: The internet has made it possible for shopping to be done online. Businesses will most likely increase their focus on nonprice aspects of their promotional message as a result of the technology. This would be largely due to an increase in price competition as more and more consumers have instant access to prices from all around the world and in response to this, nonprice competition is more likely to be on the rise.
