Answer:
Cost of goods sold (rounded) under FIFO is $ 1.649
Explanation:
Date Q Cost U.Cost inventory Sold Cost
nov-01 34 231,2 6,8 0 34 231
nov-08 137 1006,95 7,35 0 137 1.007
nov-17 68 489,6 7,2 11 57 410
nov-25 103 772,5 7,5 103 0 0
114 228 1.649
Answer:
$3,436,351.59
Explanation:
The computation of the amount that could be afforded to spend is shown below:
= Amount × (P/A, 8%, 20 years)
= $350,000 × 9.8181
= $3,436,351.59
We simply applied the above formula so that the correct value could come
And, the same is relevant too
Answer:
The current share price is $54.29
Explanation:
Hi, to find the price of this share, we need to bring to present value all the future cash flow that this share will provide. Since the dividend is a constant dividend, we can find the price using the following equation.
where:
r= required rate of return of the stock
Div = constant dividend (in our case, $7.55
n = years in which the share will provide dividends
Everything should look like this
So, the price of the stock today would be $54.29
Best of luck.
Answer:
100,000 for a building and expect to have an extra 40,000 for hair equipment.
Explanation:
Honesty there will be a difference depending on where you live. But even small office space can range from 100,000 to 600,000 and keep in mind that you will need to have anywhere from 40,000 to 250,000 for any hair equipment. Staring a business is not cheap but most people try to start their business off at home they work their way up the ladder to success.
Hope this helps and good luck!
The correct option is A.
Under the allowance method, bad debt expense is recorded FOR AN AMOUNT WHICH THE COMPANY ESTIMATES IT WILL NOT COLLECT.
Allowance method is a method of accounting that is used to estimate the amount of uncollectibles at the end of each financial period. Uncollectibles refers to debts which the company has no hope of ever collecting them again.
