Answer:
Cost Of Goods Sold= $1,930,000
Explanation:
Giving the following information:
Beginning Finished goods inventory 190000
Ending Finished goods inventory 150000
Cost of goods manufactured for 2020 amounted to $1890000
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 190,000 + 1,890,000 - 150,000= $1,930,000
Answer:
Question: Adolescent group members may share information too soon or even reveal inappropriate information about themselves, for which of the following purposes?
Answer: To impress other members
Explanation:
There are various reasons why it can be said that adolescent/teen may share too much information about themselves: it can be as a result of i) peer pressure; ii) need to outshine other members of the group and gain a certain level of reputation within the group: iii) it may also be just for fun.
Answer:
Decrease Profit and Inventory Asset value as well.
Explanation:
This will Decrease the closing inventory value which will increase the cost of goods, decrease the profit and ultimately decrease the retained earning value in the balance sheet. It also decrease the Inventory value in the current assets section of balance sheet, which will ultimately decrease the total asset value.
Answer:
$61,445.20
Explanation:
we need to determine the present value of an annuity, and the simplest to determine this is by using annuity factors:
number of payments = 20
interest rate = 7%
annuity payment = $5,800
present value of the annuity = $5,800 x 10.594 (PV factor, 7%, n= 20) = $61,445.20
if we do not have an annuity table at hand (or in the internet), the formula used to calculate the annuity factor is:
annuity factor = [1 - 1/(1 + r)ⁿ] / r
<span>Wiley CPA Exam Review 2010, Auditing and Attestation explained this on an exam that the auditor should issue a report to comply with the law on internal control and also to document financial information. The yellow book becomes an auditing standard that provided uniformity on reports.</span>