Answer:
Explanation:
Given that
Merchandised inventory = $112,410
Actual inventory = $110,490
So, the amount of the inventory would be adjusted is
= $112,410 - $110,490
= $1,920
So, the adjusted journal entry is
Cost of Goods Sold A/c Dr $1,920
To Merchandise inventory A/c $1,920
(Being the inventory amount is adjusted)
Answer:
Cost of equity = 11.87%
Explanation:
Cost of equity is defined as the amount that a business pays to its equity investors or shareholders as compensation for the risk of finding the business.
Usually businesses may not have enough capital to run their operations properly in meeting organisational goals. So they seek for funding from investors, and these investors are compensated for giving the business capital.
The formula for cost of equity is
Cost of equity={ (Dividend * Growth rate) ÷ Current stock price} + percentage increase in dividend)
Cost of equity={ (3.31 * 1.0375) ÷ 42.28} + 0.0375)
Cost of equity= (3.434 ÷ 42.28) + 0.0375 = 0.1187
Cost of equity = 11.87%
Answer:
public
Explanation:
A public good is a good that is non excludable and non rivalrous.
An individual's access to the pool does not limit another person's access
Also, the pool is free, so it is non excludable
Before his death, the pool was a private good
A private good is a good that is excludable and rivalrous.
The statement is true. A financial ratio or also known as the accounting ratio is a relative size of two chose numerical esteems taken from a venture's monetary articulations. Regularly utilized as a part of bookkeeping, there are numerous standard proportions used to endeavor to assess the general monetary state of a partnership or other association.
Answer:
Total cost = Total ordering cost + Total holding cost
Total cost = DCo + QH
Q 2
Where
D = Annual demand
Co = Ordering cost per order
Q = EOQ
H = Holding cost per item per annum
D = 40,000 units
Co = $48
H = 18% x $8.00 = $1.44
EOQ = √2DCo
H
EOQ = √2 x 40,000 x $48
$1.44
EOQ = 1,633 units
Explanation:
EOQ equals 2 multiplied by annual demand and ordering cost divided by holding cost per item per annum. The holding cost per item per annum is calculated as holding cost rate multiplied by unit cost.
