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Sati [7]
3 years ago
8

What were the main reasons grange decided to leave school in order to start his own team?

Business
1 answer:
aleksandr82 [10.1K]3 years ago
3 0
One of the main reason is He <span>Knocked out in one of the games during high school. Grange remained unconscious for two days after the blow and started to experience difficulity in speaking. This make his career became really blurry and none of the team want to sign him. In the end, he had to make his own team.</span>
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acc 340 Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units tha
LenaWriter [7]

Answer:

$113,700

Explanation:

Last in first out (LIFO) is an inventory management method, in which the cost of the most recent product bought are the first to be charged to expenses.

With regards to the above question, we'll have;

Inventory sold = (12,000 × $13.5) + (900 × $13) = $173,700

Ending inventory = [7,200 × $12] + [(3,000 - 900) × $13]

Ending inventory = $86,400 + $27,300

Ending inventory = $113,700

Therefore, the ending inventory using LIFO is $113,700

8 0
2 years ago
Dakota Trucking Company (DTC) is evaluating a potential lease for a truck with a 4-year life that costs $40,000 and falls into t
Afina-wow [57]

Answer:

The company should borrow or buy the truck as it is less costly than leasing.

Explanation:

Detailed solution is given below

7 0
3 years ago
In each of the following situations, indicate whether the 50% reduction for meals applies.
Mashcka [7]

Answer:

Each year, the employer awards its top salesperson an all-expense-paid trip to Jamaica.

  • This should be considered as part of the employees' compensation (and the employee should be taxed), therefore, the company can deduct 100% of it.  

The employer has a cafeteria for its employees where meals are furnished at cost.

  • Cafeteria meals are not included in the 50% deduction.  

The employer sponsors an annual Labor Day picnic for its employees.

  • This is considered a recreational activity paid by the employer, so the 50% deduction does not apply.  

Every Christmas, the employer gives each employee a fruitcake.

  • It is a fringe benefit, although I doubt that the employees are taxed for receiving a fruit cake. There is no 50% deduction. (referred to as de minimis fringe benefit)

The taxpayer gives business gifts to her clients at Christmas.

  • Business gives are not subject to a 50% deduction, instead they are subject to a $25 limit.
5 0
3 years ago
Midwest Water Works estimates that its WACC is 10.5%. The company is considering the following capital budgeting projects:
krok68 [10]

Answer:

Projects A,B,C,D and E should be accepted

Explanation:

Based on the fact that each of the itemized projects has the same of level of risk as the company's existing assets, we suggest that the firm undertake those projects that gives a return rate which is above the current weighted average cost of capital of 10.5%

In essence,projects A,B,C,D and E should be accepted as they 12%,11.5%,11.2%,11% and 10.7% returns on investment respectively.

Projects F& G would be rejected on the premise that their rates of return are lower than what is currently obtainable in Midwest Water Works.

7 0
2 years ago
An appraiser has just completed a search of the records for comparable residential properties that have sold within the last six
BigorU [14]
I believe the Appraier is using: <span>Direct Sales Comparison Approach (mostly used with residential properties.
Direct sales comparison approach is an appraisal method that being done by comparing the sales that happen between similar properties/products  to determine the value of that properties/productss</span>
8 0
3 years ago
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