Taylor's amount of inventory that was purchased during the period was closing inventory - opening inventory $600 - $ 400 = $200 + COGS ($1800) = $2000.
When calculating average inventory, opening inventory—the value of goods carried over from the prior accounting period—is taken into account. It aids in calculating cost of products sold. The stock's value at the end of the accounting period is known as closing inventory, often referred to as ending inventory.
The cost of inventory encompasses all charges incurred by a company to bring the stock to its present location and state, including purchases, conversions, services, and other costs. Non-refundable taxes, shipping, trade discounts, and other direct and indirect costs associated with buying the item are all included in the purchase price. It excludes costs associated with selling and distributing.
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Answer:
Correct option is A.
<u>In general, the basis to the recipient is the fair market value at the decedent's date of death.
</u>
Explanation:
If property is inherited by a taxpayer, <u>In general, the basis to the recipient is the fair market value at the decedent's date of death.
</u>
As per the the law when property is transferred on account of death, then basis to the recipient is the fair market value at the time of death of decedent's.
Answer:
Current yield = <u>Annual coupon</u>
Current market price
Current yield = <u>$75</u>
$1,020
Current yield = 0.0735 = 7.35%
The correct answer is D
Explanation:
Current yield equals annual coupon divided by the current market price of the bond.
Companies can implement global marketing by developing a product and promotional strategy that can be implemented worldwide. Global marketing involves the process of devising and conveying a product worldwide with the principal aim of reaching the international marketing community.
