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3 years ago

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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cyber security systems had sales of 3,700 units at $75 per unit last year. the marketing projects of a 10 percent increase in un

jasenka [17]

Answer:

$393,162

Explanation:

Units sold last year were 3,700

the projection for this year is an increase of 10% in volume.

projected units sales for this year will be

=110% of 3,700

=1.1 x 3,700

=4,070 units

The selling price last year was $75.

projected price this year is an increase by 40%

price for this year will be 140% of $75

=140/100 x $75

=1.4 x $75

=$105

Projected sales in dollar will be sales volume x selling price

= 4070units x $105

=$427,350

Purchase return = 8% of projected sales in dollars

=8/100 x $427,350

=34,188

Net projected sales

= $427,350 - $34,188

=$393,162

6 0

3 years ago

Are female expatriates different?.

Paha777 [63]

Answer:

Explanation: Selmer and Leung (2003c) found that female expatriates have the same general adjustment as male expatriates, but with higher levels of work adjustment and better interaction adjustment. A replication study by Haslberger (2010) confirms that the adjustment patterns of male and female expatriates are different.

7 0

3 years ago

Read 2 more answers

At September 1, 2018, Swifty Co. reported stockholders’ equity of $156000. During the month, Swifty generated revenues of $37400

kenny6666 [7]

Answer:

$171,360

Explanation:

Given that,

At September 1, 2018, Swifty Co. reported stockholders’ equity = $156,000

Revenues = $37,400

Expenses = $20,000

Purchased equipment = $4,920

Paid dividends = $2,040

Net income:

= Revenues - Expenses

= $37,400 - $20,000

= $17,400

Stockholders’ equity at September 30, 2018:

= Beginning balance + Net income - Dividend paid

= $156,000 + $17,400 - $2,040

= $171,360

Therefore, the amount of stockholders’ equity at September 30, 2018 is $171,360.

4 0

3 years ago

em Industries is a division of a major corporation. Last year the division had total sales of $23,800,000, net operating income

cupoosta [38]

Answer:

(a) 12.20%

(b) 3.40 times

(c) 41.48%

Explanation:

(a). The formula of division's margin is shown below:

It shows a ratio of net operating income and total sales

= Net operating income ÷ total sales

= $2,903,600 ÷ $23,800,000

= 12.20%

(b) The formula of division's turnover is shown below:

It shows a ratio of total sales and average operating assets

= Total sales ÷ Average operating assets

= $23,800,000 ÷ $7,000,000

= 3.40 times

(c) The formula of division's return on investment is shown below:

It shows a ratio of net operating income and average operating assets

= Net operating income ÷ average operating assets

= $2,903,600 ÷ $7,000,000

= 41.48%

Hence,

(a) 12.20%

(b) 3.40 times

(c) 41.48%

6 0

3 years ago

When the dollar depreciates, each dollar buys

Darya [45]

Answer:

Explanation:

more foreign currency, and so buys fewer foreign goods.

4 0

3 years ago