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Leviafan [203]
2 years ago
14

A client's physical count of inventories was higher than the inventory quantities per the perpetual records. This situation coul

d be the result of the failure to record
A. Sales.
B. Sales discounts.
C. Purchases.
D. Purchase returns.
Business
1 answer:
kherson [118]2 years ago
7 0

Answer:

C. Purchases.

Explanation:

If the client wouldn't recognize sales or purchase returns, the physical count of inventories will be lower than the inventory quantities per the perpetual records, because those represent exits of inventory units that wouldn't be registered on the perpetual records.

Sales discounts are related to price, not with quantity, therefore they would not have influenced the quantities.

Then it is Purchases. If the client wouldn't recognize the purchases they wouldn't recognize the entrance od units, therefore the client's physical count of inventories would higher than the inventory quantities per the perpetual records.

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STatiana [176]
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5 0
3 years ago
Using the constant growth model, Camp Company's expected dividend yield ( D1) is 4% of the stock price, and its growth rate is 6
s2008m [1.1K]

Answer:

Ks = 4%+6% = 10%

Explanation:

so we need  to remember that tax rate doesn't affect Cost of equity

in this case the formula will be:

cost of equity is equal to=dividend yield+Growth rate  or Ks = D1/P + g

Camp Company's expected dividend yield ( D1) is 4%

growth rate is 6%

SO we get Ks = 4%+6% = 10%

5 0
3 years ago
Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark
blondinia [14]

The exposure that should be considered is acute.

Given that,

  • Howard has the chemical burn into his arm.
  • Due to this, there is a small burn mark that goes after some weeks but at the same time, he does not have any other symptoms.
  • Because of the burning, it is an acute expsoure.

Therefore we can conclude that the exposure that should be considered is acute.

Learn more: brainly.com/question/9223008

6 0
3 years ago
Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Lemur [1.5K]

Answer:

$ 44000

Explanation:

Given:

Actual overhead manufacturing cost, Ac = $ 352000

Actual direct labor hours, Ah = 56000

Estimated manufacturing overhead cost, Ec = $ 330000

Estimated direct labor hour, Eh = 60000

Now,

Predetermined Overhead Rate = Ec/Eh

on substituting the values in the above formula we get

= $ 330000/60000 = 5.5

also,

Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)

on substituting the values in the above formula we get

Underapplied Overhead = 352000 - (56000 × 5.5)

or

Underapplied Overhead = $ 44000

3 0
3 years ago
Piedmont Hotels is an all-equity company. Its stock has a beta of 1.23. The market risk premium is 6.9 percent and the risk-free
never [62]

Answer:

The required rate of return for the project will be 13.087%

Explanation:

To calculate the required rate of return for the project, we must first calculate the required rate of return for the firm's equity. The required rate of return can be calculated using the CAPM or Capital Asset Pricing Model equation. The formula for required rate of return (r) under this model is,

r = rRf + Beta * rpM

Where,

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r = 0.027 + 1.23 * 0.069

r = 0.11187 or 11.187%

The discount rate that is usually used for an all equity firm is its required rate of return. Thus, the required rate of return for the project will be,

r = 0.11187 +  0.019

r = 0.13087 or 13.087%

5 0
3 years ago
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