Answer:
C) Items in transit sold f.o.b. destination.
Explanation:
Ending inventory = all items in hand plus all purchases bought FOB shipping point plus all sales sold FOB destination.
FOB shipping point means that the title of the goods is transferred once the goods leave the seller's warehouse.
FOB destination point means that the title of the goods is transferred only after the goods arrive to the buyer's warehouse.
Answer:
The nominal rate of return on these bonds is 5%
Explanation:
The Formula for the Real Rate of Return is
Real rate of return =Nominal interest rate - Inflation rate
So,
Nominal interest rate=Real rate of return+Inflation rate
Nominal interest rate=3%+2%
Nominal interest rate=5%
Adam Smith's invisible hand theory is the concept that in a market where people are free to buy and sell as they please, buyers will buy goods that sellers offer at prices that work for all parties.
Answer:
Straight-line Depreciation Expense for 2022 and 2023 = $ 14,400, $ 14,400
Explanation:
Vaughn Manufacturing
Depreciation Straight Line Method= Cost - Salvage Value/ Useful Life
Depreciation Straight Line Method= $124,800-$9,600/8-years
Depreciation Straight Line Method=15,200/8= $ 14,400
The straight line depreciation expense does not change. It remains same for the next years as well.
Straight-line Depreciation Expense for 2022 and 2023 = $ 14,400, $ 14,400
Answer:
b. planning, organizing, leading, and controlling
Explanation:
The management is an achievement of organizational goals in an effective as well as an efficient way through <u>organizing, planning, controlling and leading</u> organizational sources. Basically organizational goals are strategically placed aims that plan expected outcomes furthermore supervise subordinates' efforts. There are three kinds of organizational goals they are as follows:
* Tactical
* Strategic
* Operational goals
Organizing, planning, controlling and leading are the qualities that are very effective.
