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lianna [129]
3 years ago
5

You buy a house for $299,000.

Business
1 answer:
Aleks04 [339]3 years ago
7 0

Answer:

the answer is b

Explanation:

i worked it out

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Tidwell Company has provided the following partial comparative balance sheets and the income statement for 20X2.
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here for points

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3 years ago
Please answer thank you !
Darina [25.2K]

Answer:

its the 1st one

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A company uses the dollar-value LIFO inventory method. At the end of 20X2 the cost index is 1.25 and the ending inventory at bas
lana [24]

Option A. 300000.

The four main ways to account for inventory are specific identification, first in first out, last in first out, and weighted average methods.

The retail inventory method is an accounting method used to estimate the value of a store's merchandise. The retail method provides the ending inventory balance for a store by measuring the cost of inventory relative to the price of the merchandise.

The FIFO method is the most popular inventory method because it's the one that most closely matches the actual movement of inventory for most businesses. This method assumes that the first products you acquired will be the first that are sold.

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5 0
2 years ago
Software Sales Supply is expected to pay its first annual dividend of $1.10 per share in Year 3. Starting in Year 6, the company
Andru [333]

Explanation:

Let the dividend paid in Year n be Dn

Given, D3 = $1.10

D4 = $1.10

D5 = $1.10

Growth in dividend from Year 6 = g = 3.2%

D6 = D5(1+g) = 1.10(1+0.032) = $1.135

Required Return = r = 13.1%

According to Gordon's Growth model,

P5 = D6/(r - g) = 1.135/(0.131 - 0.032) = $11.464

Present Value of the stock = P0 = D3/(1+r)3 + D4/(1+r)4 + D5/(1+r)5 + P5/(1+r)5

= 1.10/(1+0.131)3 + 1.10/(1+0.131)4 + 1.10/(1+0.131)5 + 11.464/(1+0.131)5

= <u>$8.22</u>

8 0
3 years ago
Why do banks retain a fractional reserve?
nevsk [136]
Because banks hold reserves in amounts that are less than the amounts of their deposit liabilities, and because the deposit liabilities are considered money in their own right, fractional-reserve banking permits the money supply to grow beyond the amount of the underlying base money.
7 0
3 years ago
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