Answer:
cost of goods available for sales= $3,180
Number of units= 50 units
Explanation:
Giving the following information:
Wattan Company reports beginning inventory of 10 units at $60 each. Every week for four weeks it purchases an additional 10 units at respective costs of $61, $62, $65, and $70 per unit for weeks 1 through 4.
To calculate the cost of goods available for sales, we need to use the following formula:
cost of goods available for sales= beginning inventory + cost of goods purchase during the year
cost of goods available for sales= 10*60 + 10*61 + 10*62 + 10*65 + 10*70
cost of goods available for sales= $3,180
Number of units= 5*10= 50 units
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Answer:
net income exceeded the free cash flows by $550 million
Explanation:
net income = ($8,250 - $5,750 - $1,000 - $160) x (1 - 35%) = $871 million
net cash flows:
operating activities = $871 + $1,000 - $300 = $1,571
investing activities = ($1,250)
net cash increase during the year = $321 million
net income exceeded the free cash flows by $871 - $321 = $550 million
Answer:
$315,600
Explanation:
Ownership = 40%
Investment = $182,000
Share of dividends = 40%*21,000 =8400
Share of income = 40%*75000 = 30000
Increase in share price = $21-$13= $8
investment
Dr Cr
Investment $182,000
Dividend received $8400
Income received $30,000
Increase in share price $112,000
324,000 315,600
