Answer:
The amount of the cost of goods sold for this sale is $98.4
Explanation:
Marquis Company uses a weighted-average perpetual inventory system
August 2, 22 units were purchased at $3 per unit,
Total cost = $3 x 22 = $66
Average cost per unit: $3
August 18, 27 units were purchased at $5 per unit
Total inventory = $66 + $5 x 27 = $201
Average cost per unit = $201/(22+27) = $4.1
August 29, 24 units were sold
Cost of goods sold = 24 x $4.1 = $98.4
Answer: b. The company will be flooded with applications from individuals who are barely qualified.
Explanation:
By putting job advertisements on popular websites which are full of people looking for jobs, the company will attract people who are underqualified but apply anyway on the off chance that they are called for an interview. The company will incur costs sifting through the applications to find suitable candidates.
This will be a waste of the company's resources as those resources could have been directed at getting prospective employees that would be a better fit with the company and have the relevant qualifications. This could have been done by going to a recruiting agency for instance.
Answer:
NPV = $ 87,592.90
Explanation:
Net present value is calculated by taking the Present Day (discounted) value of all future Net Cash Flow based on the Business Cost of Capital and subtracting the Initial cost of the Investment.
<u>Calculation of Net present value (Financial Calculator)</u>
Period and Cash flow
CF0 = ($900,000)
CF1 = $200,000
CF2 = $200,000
CF3 = $200,000
CF4 = $200,000
CF5 = $200,000
CF6 = $300,000
Cost of Capital = 8%
NPV = $ 87,592.90
Answer:
True
Explanation:
statement of cash flows can be regarded as financial statement which gives analysis of how cash as well as cash equivalent is affected by any changes in balance sheet accounts.
The indirect method of statement of cash flows begins with loss or the net income as well as the substraction of values from non cash revenue which result in case flow as a result of operating activities.
Answer:
Cash used for financing activities 356,000
Explanation:
extinguish of bonds payable (375,000)
preferred dividends (31,000)
proceeds from TS 50,000
Cash used for financing activities 356,000
The conversion do nt involve cash, so it is not included in the cash flow statement.
The carrying ammount, gain and losses are not relevant for the cash flow statement.
We have to focus in the cash movements only.