Based on the cost of producing the inventory by Scrooge, the consolidated inventory balance on December 31 will be $20,100.
<h3>What is the inventory balance for the consolidated entity?</h3>
This can be found as:
= Cost of inventory sold to Pilfer - Amount of goods sold
Solving gives:
= 67,000 x (1 - 70%)
= 67,000 x 30%
= $20,100
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Answer:
the amount that need to be deposited each year is $7,166.28
Explanation:
The computation of the amount that should be deposited each year is shown below:
Given that
FV is $66,000
NPER is 9
RATE is 6.9% ÷ 12 = 0.575%
PV is 0
The formula is shown below:
= PMT(RATE,NPER,PV,-FV,TYPE)
AFter applying the above formula, the amount that need to be deposited each year is $7,166.28
Answer:
The alcohol beverages in a private club are owned by the members.
<span>Of the seven commonly used organizational buying criteria, consumer demand is very important. If the consumer wants the product and is sure to purchase the product, organizational financial goals are likely to be met as the product will quickly sell.</span>
Answer:
33.33%
Explanation:
Unemployment rate is the proportion of the labour force without a job
Unemployment rate = (number of unemployed workers / total labour force ) x 100
25 /75 x 100 = 33.33%
