The answer to this statement is True goods and services can be easily balanced and purchased at certain prices and if needed the prices will increase
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
Answer:
Option (B) is correct.
Explanation:
Given that,
Issued preferred stock outstanding that pays dividend per year = $7.75
Current selling price = $68.19 per share
Required return = (Annual dividend ÷ Current price) × 100
= ($7.75 ÷ $68.19) × 100
= 11.37% (Approx)
Therefore, the required return is 11.37% if this issue currently sells for $68.19 per share.
Answer:
The correct answer is: Operating budget.
Explanation:
An operating budget is an estimate a business make of the expenses and revenue it plans to book in its ongoing operations. Operating budgets can also be used to forecast future operating corporate periods. This type of budget mainly includes the <em>number of sales expected in dollars</em>, <em>fixed and variable costs</em> as well as <em>operating expenses</em> such as loan payments or depreciation.
Answer:
$950,000
Explanation:
<u>Particular Amount Amount</u>
Finish Goods $39,000
W.I.P Goods $34,000
Add: material $27,000
material purchase $555,000
Direct labor $248,000
<u>Factory Overhead $143,000</u>
$1,007,000
Less: material $20,000
W.I.P Goods at end $33,000
<u>Finish Goods $43,000 </u>
<u> $911,000</u>
<u>Total cost of goods sold $950,000</u>