Answer:
$500 shrinkage
Explanation:
Calculation to determine the amount of shrinkage occurred during the month
Using this formula
Shrinkage=Ending inventory-Actual count
Let plug in the formula
Ending inventory=$10,000 + $35,000 - $30,000 Ending inventory= $15,000
Shrinkage=$15,000 - $14,500
Shrinkage= $500
Therefore the amount of shrinkage occurred during the month is $500
Answer:
P0 = $66.6429 rounded off to $66.64
Option c is the correct answer
Explanation:
Using the two stage growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula to calculate the price of the stock today is,
P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n + [(D0 * (1+g1)^n * (1+g2) / (r - g2)) / (1+r)^n]
Where,
- g1 is the initial growth rate
- g2 is the constant growth rate
- r is the required rate of return
P0 = 2* (1+0.2) / (1+0.1) + 2 * (1+0.2)^2 / (1+0.1)^2 + 2 * (1+0.2)^3 / (1+0.1)^3
+ 2 * (1+0.2)^4 / (1+0.1)^4 + 2 * (1+0.2)^5 / (1+0.1)^5 +
[(2 * (1+0.2)^5 * (1+0.04) / (0.1 - 0.04)) / (1+0.1)^5]
P0 = $66.6429 rounded off to $66.64
Answer:
a Debit
b Credit
c Debit
d Credit
e Credit
f Credit
g Debit
h Debit
i Debit
Explanation:
The rules are that increase in assets such as cash account ,delivery equipment,accounts receivable are debited while the reverse is done for reduction in assets.
The increase in liability accounts and revenue such as accounts payable and revenue account delivery fees are normally credited while the reverse applies to decrease in liabilities.
The increase in expense is normally debited while the reduction in expense is a credit.
The increase in capital account is a credit
Answer: A backpack, And a binder
Explanation:
B uncommonly well
The secret of success is to do the common thing uncommonly well
