Answer:
The monthly withdrawals are $3,537.85 and will last for 23 years.
Explanation:
We have to calculate the monthly installment of an annuity:
PV 568,900.00
time 276 (23 years x 12 months)
rate 0.004333333 (5.2% = 5.2 / 100 = 0.052 per year we now divide by the 12 months of a year and get the rate for monthly withdrawals.
C $ 3,537.85
WHAT is the question???????? idk how to answer
Answer:
the inventory should be recorded at $8,500
Explanation:
As we know that according to GAAP, the inventory should be recorded at a cost or net realizable value whichever is lower
So as per the question
Historical cost is $12,000
And, the net realizable value is
= Expected selling price - expected selling cost
= $9,000 - $500
= $8,500
So, the lower cost is $8,500
Hence, the inventory should be recorded at $8,500
Answer:Expected Rate of Return = 14.47%
Explanation:
Given that Dividend= $1.54
Price of stock = $30
Expected selling price of stock = $32.80
Expected Rate of Return = (Dividends Paid + Capital Gain) / Price of Stock
Capital gain = Expected selling price - Buying price of stock
= $32.80- $30.00
= $2.80
Expected Return = ($1.54 + 2.80)/ 30
=0.1446666 x 100
=14.465 ≈14.47%
Answer:
3. ending work in process is less than the amount of the beginning work in process inventory.
Explanation:
As we know that
Manufacturing cost = Cost of Goods Manufactured - Direct Labor - Direct Materials Used + Ending balance of Work-in-Process Inventory - the Opening balance of Work-in-Process Inventory
And, the Manufacturing cost involves both cost i.e direct material and direct material used
If the cost of goods manufactured more than the total manufacturing costs, so automatically ending WIP inventory should be less then the beginning WIP inventory