I think its true. I don't think its false so true
Answer:
The answer is: There are different versions of the retail inventory method.
Explanation:
There are several types of retail inventory method:
- the conventional (lower of average cost or market) method,
- the cost method
- the LIFO retail method
- the dollar value LIFO retail method
The retail inventory method is very useful for large retailers (e.g. grocery stores, hypermarkets, etc.). Its greatest advantage is that the inventory balance can be calculated without a physical count.
Answer:
E.)Praise by supervisors for their honesty
Explanation:
Answer:
$13.34
Explanation:
For computing the today price, first we have to determine the present value of equity which is shown below:
The Present value of equity = Spending amount on dividends and repurchases ÷ equity cost of capital
= $9.4 million ÷ 13.3%
= $70,676,691
Now the share price equals to
= Present value of equity ÷ outstanding shares
= $70,676,691 ÷ 5.3 million shares
= $13.34
Answer:
$9,000
Explanation:
The cash flow statement is the financial statement where the cash flows from the various activities of a business are recorded. These activities include Operating, Investing and Financing. The statement may be shown using gthe direct or indirect method.
The operating activities include the changes to current assets and liabilities. Increases in assets (apart from cash) represents an out flow of cash while increases in liability represents and in flow of cash and vice versa.
The net cash flows from operating activities using the indirect method
= -5000 - 20,000 + 10,000 + 25,000 - 1,000 (all amounts in $)
= $9,000
This represents a net inflow.