You can always makeup work that you got a low grade on. You can do extra credit or finish the work you haven’t turned in (if you have anything) :)
Phil Ruffin bought treasure island
Answer:
Jones may decide that the equity method would not be appropriate to account for the investment when Jones Company does not have significant influences over the management/operation of Sandridge Company.
Although an investors holding from 25% of investee is very much likely to have significant influences on the investee, this may not be true all over the times. For Jones, to prove that it does not have significant influences over Sandridge, there may be some following evidences:
+ Jones and Sandridge sign an agreement that Jones surrenders significant rights as a shareholder;
+ There is/are investor(s)/group(s) of investors who has more voting right than Jones and whose visionary/mission for Sandridge is opposite to Jones's.
+ Sandridge tries to reject Jones' influences on its management by seeking lawsuit or by successfully prevent representatives from Jones on its Board of Directors.
Explanation:
Answer:
FIFO 480 euros
LIFO 400 euros
PMP 460 euros
Explanation:
Unidades disponibles:
100 existencia inicial
300 compra
FIFO
Primero se venden las unidades de existencia inicial y luego las de la compra:
100 existencia inicial y 220 de la compra.
Inventario final: 80 unidades a 6 euros cada una = 480 euros
LIFO se vende primero la compra:
300 de compra y 20 de existencia inicial
Inventario final 80 unidades a 5 euros cada una = 400 euros
Costo Promedio Ponderado:
100 unidades a 5 + 300 a 6 = 500 + 1800 = 2300 euros
400 unidades costaron 2300 euros
en promedio: 2300 / 400 = 5.75
inventario final 80 unidades a 5.75 = 460 euros
