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3 years ago

Unland Company uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows:

Business

1 answer:

Wewaii [24]3 years ago

6 0

Answer:

Ending inventory= $1706

Explanation:

Giving the following information:

Units Per unit price Total

1/1/2017: 290 *$5.00= $1450

1/15/2017: Purchase, 140*$5.10= $714

1/28/2017: Purchase, 140*$5.30= $742

At the end of the month (1/31/2017) inventory showed that 230 units. If the company uses LIFO (last-in, first-out)

Ending inventory= 140*5.30+140*5.10+50*5= $1706

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Shelton Enterprises is expecting tremendous growth from its newest boutique store. Next year the store is expected to bring in n

Sedaia [141]

Answer:

B. $6,448,519

Explanation:

The computation of the present value of this growing annuity is given below:

PVA = [Cash flow at year 1 ÷ (interest rate - growth rate)] × {1 - [(1 + growth rate) ÷ (1 + interest rate)^number of years}

= [$675,000 ÷ (0.18 - 0.13)] × [1 - (1.13 ÷ 1.18)^15]

= $6,448,519

Hence, the correct option is b.

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3 years ago

The operations vice president of security home bank has been interested in investigating the efficiency of the bank’s operations

aliya0001 [1]

The costing study of bank operation goes thus:

<h3 /><h3>Opening accounts:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 5% = $8,000

Asst. branch manager salary $75,000 x 15% = $11,250

Branch manager salary $80,000 x 5% = $4,000

Total $23,250

Activity rate of opening accounts = Total cost of opening accounts / new accounts opened

Activity rate = $23,250 / 500 = $46.50 per new account

<h3>Processing deposits and withdrawals:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 65% = $104,000

Asst. branch manager salary $75,000 x 5% = $3,750

Branch manager salary $80,000 x 0% = $0

Total $107,750

Activity rate of opening accounts = Total cost of processing deposits and withdrawals / deposits and withdrawals processed

Activity rate = $107,750 / 100,000 = $1.08 per deposit and withdrawal processed

<h3> Processing other customer transactions:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 20% = $32,000

Asst. branch manager salary $75,000 x 30% = $22,500

Branch manager salary $80,000 x 10% = $8,000

Total $62,500

Activity rate of opening accounts = Total cost of processing other customer transactions / other customer transactions processed

Activity rate = $62,500 / 5,000 = $12.50 per other customer transactions processed

learn more about costing of bank operation from here: brainly.com/question/988393

4 0

2 years ago

You recently purchased a stock that is expected to earn 30 percent in a booming economy, 9 percent in a normal economy, and lose

sergiy2304 [10]

Took me a bit to understand what this is. I have no business sense at all.

Expected Rate of Return = 30%*5% + 9%*75% - 33% * (100 - 75 -5)%
Expected Rate of Return = 0.015 + 0.0675 - 33%*20%
Expected Rate of Return = 0.015 + 0.0675 - 0.066
Expected Rate of Return = 0.0165

This then is expressed as a %
0.0165 = 1.65 % Sounds like you are buying a US short term treasury.
If anyone else answers, take their answer.

3 0

3 years ago

Ethan started a website. After a few months, a publishing company filed a lawsuit against his company for copyright infringement

Marianna [84]

Answer:

The correct answer is letter "B": A proprietorship.

Explanation:

Sole proprietorships are businesses with a single owner who is responsible for all the operations. The advantage of this type of business is that they are not strictly regulated by the government and are easy to form but the owner has full liability which implies if the business falls into debt, the personal assets of the owner can be considered to repay that debt.

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3 years ago

A business model a. is a road map for the marketing activities of an organization for a specified future time period. b. consist

natta225 [31]

Answer: Option E

Explanation: In simple words, a business model refers to a framework that is used by the organisation to monitor and analyze the activities that are done in the workplace for smooth running of operations.

This model works a guideline and also facilitates the objectives of comparison for an organisation.

Thus, the correct option is E .

7 0

3 years ago