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Triss [41]
3 years ago
12

Tamarisk, Inc. has the following inventory data:

Business
1 answer:
disa [49]3 years ago
4 0

Answer:

COGS= $5,910

Explanation:

Giving the following information:

Beginning inventory= 90 units at $19

Purchases 315 units at $20

Purchases 45 units at $22

Ending inventory= 150 units

First, we need to determine the number of units sold:

Units sold= 450 - 150= 300 units

Under the FIFO (first-in, first-out) method, the cost of goods sold is calculated using the cost of the first units incorporated:

COGS= 90*19 + 210*20= $5,910

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Your portfolio is comprised of 30 percent of stock X, 25 percent of stock Y, and 45 percent of stock Z. Stock X has a beta of 1.
Evgesh-ka [11]

Answer:

The beta of your portfolio is 0.9045

Explanation:

Hope this help  :D

6 0
4 years ago
An aging of a company's accounts receivable indicates that $13900 are estimated to be uncollectible. If Allowance for Doubtful A
tino4ka555 [31]

Answer:the adjustment to record bad debts for the period will require a

Debit on   Bad debt expenses for $ 12,670 and a credit To Allowance for doubtful accounts for  $ 12,670

Explanation:

Account receivables for uncollectibles= $13,900

Allowance for Doubtful Accounts = credit balance of $1230

Adjusting entry for bad debts expense =Account receivables - credit balance of $1230

= $13,900- $1,230

=$12,670

Adjusting entry for the record of  bad debts expense  

Accounts titles                 Debit                       Credit

Bad debt expenses $ 12,670

To Allowance for doubtful accounts             $ 12,670

8 0
3 years ago
Robust, a leading industrial manufacturer, has developed a new air conditioner with high cooling capacity. To identify potential
stich3 [128]

Answer:

This scenario illustrates lead generation.

Explanation:

Lead generation is the way toward pulling in and changing over customers and into somebody who has shown passion for your organization's item or products. A few examples of lead generations are requests for newspapers, blog entries, search engines and various other online contents. Similar, lead generation is combined with lead management to increases purchases, and the process is called pipeline marketing.

8 0
3 years ago
Which of the following is not an example of an unhealthy company culture?
vampirchik [111]

Answer: The following is not an example of an unhealthy company culture: <u><em>A slowly evolving culture </em></u>

In the given question it can be stated that apart from option (d) , all other option are an example of an unhealthy company culture. This is so as, the slow evolving culture in an organization is still open to change and does adapt to the need of the surroundings as time evolves, whereas; other given option does not.

<u><em>Therefore , the correct option in this is (d)</em></u>

8 0
3 years ago
Which statement best describes a significant similarity between the AICPA and IESBA codes? Both codes incorporate the conceptual
34kurt

Both codes incorporate the conceptual framework approach for evaluating threats when specific rules on a matter do not exist.

Explanation:

IFAC has enacted a Code of Ethics for Professional Accountants (IESBA Code), the International Ethics Standards Committee for Competent. The latest IESBA Code edition was upgraded and modified in July 2009 and comes into force on 1 January 2011. The adjustments clarified and considerably strengthened the independence specifications for all competent accountants.

IESBA and AICPA are more comparable than they are, but there are substantial differences. In many instances it will produce similar effects if codes are added to the same pattern of truth.

The IESBA Code deals with a number of possible independence issues which are covered by the AICPA Conceptual Structure but not AICPA. Examples include the Long Senior Human Resources Group (including Team Rotation).

Certain independence restrictions are enforced by the IESBA Code representing the "extent of public interest in certain companies" (i.e. entities listed on an accepted stock exchange for whose shares are listed), and institutions whose auditors are legally or administrative authorities required to comply with the same requirements for independence as the listings).

The IESBA splits the conditions for freedom into two regions. Section 290 offers the toughest prohibitions and includes accounting reports and audits. Section 291 generally provides less stringent requirements of freedom for all other insurance obligations. The AICPA does not change the principles of equality.

6 0
4 years ago
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