Answer:
The correct cost of inventory that Coronado should report is $367300
Explanation:
The goods sent on consignment still belong to the consignor until they are sold off by the consignee. So, the consignor should add the unsold consignment goods in its inventory. Thus we will add the cost of goods sent on consignment to the value of inventory.
Value of inventory = 321000 + 46300 = $367300
The goods purchased by Coronado on 27 December with FOB destination should not be added to the cost of inventory as with FOB destination terms, the goods do not belong to the buyer until they are delivered to their destination by the seller.
Thus, the correct cost of inventory that Coronado should report is $367300
Answer: taxable income = $162,000
Tax = $46,430
Explanation:
Answer:
$255308.94 is the amount generated after 90 days
Explanation:
Coveered interest arbitrage
Convert dollars to pounds at spot rate
250000/1.23 =£203252.0325
Invest this amount at 1.3% (Britain rate) for 90 days
203252.0325 × 1.013 = £205894.3089
Then convert back to dollars at 90 day forward rate
205894.3089 × 1.24 = $255308.94
Shareholder or stockholder
If the wage<span> is free to adjust in response to </span>market<span> forces it </span>will<span> move to We, where the demand for</span>labour<span> equals the </span>supply<span>. When the </span>wage<span> is above We, more </span>labour will<span> be presented for employment than firms in the industry </span>can<span> profitably hire. It </span>will<span> pay workers to lower </span>their wages<span> to obtain employment in the industry.
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