Answer:
Closing Inventory = $31050
Explanation:
The cost of goods sold is the cost of the inventory that the business sells during a period of time. The cost of goods sold is calculated as follows,
Cost of Goods Sold = Opening Inventory + Purchases - Closing Inventory
As we already have the values for Opening inventory, net cost of purchases and the cost of goods sold, we can input these values in the above formula to calculate the cost of closing inventory.
93150 = 22950 + 101250 - Closing Inventory
93150 = 124200 - Closing Inventory
Closing Inventory = 124200 - 93150
Closing Inventory = $31050
Answer:B
Explanation:
If you don't know what you want you can't do anything else
Answer:
The intrinsic value of Stock A is 500
Explanation:
According to the DDM method the formula for calculating the intrinsic value of a stock is
Upcoming Dividend/Required rate of return - Growth rate of stock.
Upcoming Dividend of Stock A= 5
Required rate of return on Stock A= 11% or 0.11
Growth rate on stock A= 10% or 0.10
Intrinsic value of stock A=
5/(0.11-0.10)=5/0.01=500
The intrinsic value of Stock A is 500
When a company makes an incestment by opening a new factory, they need employees for this factory. The company might transfer some employess from previous factories to be the managers, but then they need more employees to do the rest of the work. So they will place help wanted ads to get more employees. This will create more jobs for the unemployed and even for the employed who are looking for a better job.