Answer:
True
Explanation:
Based on the information provided within the question it can be said that in this scenario Hamid Possesses information power. This is when an individual or group control's information that is needed by others in order to be able to accomplish a certain goal. Which in this case since Hamid has information regarding the competing companies product which the new employer needs, then Hamid has information power.
Answer:
COGS= $81,770
Explanation:
Giving the following information:
Beginning inventory= 477 units that cost $65 each.
Purchases:
715 units at $68 each
364 units at $70 each.
Units sold= 1,197
<u>To calculate the cost of goods sold under the LIFO (last-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>
COGS= 364*70 + 715*68 + 118*65
COGS= $81,770
Answer:
A ledger can be prepared manually or by computer. 5. Footings replace the need for debits and credits.
Answer:
2.5%
Explanation:
Price at the beginning = NAV at the beginning × (1 + premium)
= 20 × 1.04 = 20.8
Price at the end = NAV at the end × (1 - premium)
= 20.90 × 0.91 = 19.019
NAV increase by $0.90 but price decrease by 1.781
Returns = (0.91 × 20.90 - 1.04 × 20 + 2.30) ÷ 1.04 × 20
= 0.519 ÷ 1.04 × 20
= 0.0249
= 2.49%
= 2.5%
OR
Returns = change in P + distribution / start of year P
= -1.781 + 2.30 / 1.04 × 20
= 0.519/20.8
= 0.0249
=2.49%
= 2.5%
Answer:
The company must set aside $3.430.408 for this purpose.
Explanation:
To get this value, you must create a diagram of cash flow, where you put at the end of the sixth year the total payment (outflow) $24.500.000 and going backwards putting in each year the same amount (with an X, because you do not know it and have to calculate it) of money as inflow. Then recreate a financial formula taking in consideration total time that X will be gaining interest as follow: 24.500.000 = x*(1+0,05)^1+x*(1+0,05)^2+x*(1+0,05)^3+x*(1+0,05)^4+x*(1+0,05)^4+x*(1+0,05)^5+x*(1+0,05)^6