Answer:
The difference of $27 will be added in the bank reconciliation statement.
Explanation:
With regards to the above information,
Since bank paid $936 but was recorded as $963 in the company's books.
The difference would therefore be ;
= $963 - $936
= $27.
This means that in the company's books, the balance is shown less than the actual balance by $27
Therefore, $27 will be added to the balance in the bank with regards to the books while preparing the bank reconciliation statement.
Hence, $27 which is $963 - $936 will be added in the bank reconciliation statement.
Answer:
The cost of the ending inventory is $3,960
Explanation:
Under fifo method of valuation the unit are expensed in cost of good sold statement in order of their purchase. The purchase price of unit purchase first are charged in profit and loss account when sale is made. So the cost cost assign to ending inventory will be that of last purchase made. Detail calculation is given below.
Total Stock Remaining =26 units
10 units at 160 dollars = $ 1600
12 units at 150 dollars = $ 1800
4 units at 140 dollars = $ 560
Total value = $3,960
Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.
<h3>What was the finance for?</h3>
As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.
Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.
Therefore, the Option B is correct.
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Answer:
C. Strategic plan
Explanation:
Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.