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Nata [24]
4 years ago
9

Calculate the debit and credit amount for the goods issue step in the fulfillment process, based on the following data. Material

s sold (trading goods): Printers Quantities sold: 100 Price for customer: $120.00 Current average moving price: $85.00 Price from vendor: $84.00 Average price 30 days before customer order was placed: $86.00
Business
1 answer:
Artemon [7]4 years ago
8 0

Answer:

<u>$8,500</u>

Explanation:

Take note of Current average moving price of $85. This is the best price to use to obtain the value of the goods issued.

Calculated as follows

= 100 Printers x $85

= $8,500

Therefore, the debit and credit amount for the goods issue step in the fulfillment process is $8,500.

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8.5 Chrysler LLC Chrysler LLC, the now privately held company sold-off by Daimler-Chrysler, must pay floating rate interest thre
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Answer: -0.93%

Explanation:

In 3 months time Chrysler will have to pay a yield of 6.93% when in fact 3 months from now, had they not bought the futures, they would have to pay 6%.

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The amount in interest they overpayed by can simply be calculated as,

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4 0
4 years ago
How much must be invested today in order to generate a 5-year annuity of $1,000 per year, with the first payment 1 year from tod
Afina-wow [57]

Answer:

The amount to be invested today is $3604.78

Explanation:

This is a case of an ordinary annuity,to calculate the present value, the below formula is made used of:

PV=A*(1-1/(1+r)^N)/r

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r is the rate of return on the annuity of 12%

N is the duration of the annuity payment , that is 5years

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In essence, in order to receive $1000 every year starting a year today for 5 years, the sum of $3604.78 must be deposited today at rate of return of 12% per year.

The amount required would be been different if the first payment of $1000 is due today

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