It would be on June 3rd. This is the day before the ex-dividend date. The ex-dividend date for stocks is typically set one working day before the record date. If you acquire a stock on its ex-dividend date or after, you will not obtain the next dividend imbursement. As an alternative, the vendor gets the dividend. If you buy earlier than the ex-dividend date, you can get the dividend.
<span>When you gave your friend a fifty-dollar bill for an iPod, you used money as a <u>medium of exchange.
</u><u />This is because you exchanged your money for an iPod.
</span>
Answer:
$68 appears as the amount unearned but received (or still paid in advance) in the closing statement
Explanation:
Amount received in advance = $100
Amount earned = $32
Amount (in advance at closing) is the difference between the amount originally paid in advance and the amount earned
Amount (in advance at closing) = $100 - $32
= $68
The amount that will appear in the closing statement as rental payment still in advance is $68.
Answer:
Its action would be optimal given an ordering cost of $28.31 per order
Explanation:
According to the given data we have the following:
economic order quantity, EOQ= 55 units
annual demand, D=235
holding cost per one unit per year, H=40%×$11=$4.4
ordering cost, S=?
In order to calculate the ordering cost we would have to use the following formula:
EOQ=√(<u>2×D×S)</u>
(H)
Hence, S=<u>(EOQ)∧2×H</u>
2×D
S=<u>(55)∧2×4.4</u>
2×235
S=<u>13,310</u>
470
S=$28.31
Its action would be optimal given an ordering cost of $28.31 per order
