Inventory carrying cost means total expenses incurred while storing an unsold good.
<h3>What is
Inventory carry cost?</h3>
Basically, an Inventory carry cost means the total holding cost for holding an inventory which includes the cost of capital, warehousing, depreciation, insurance, taxation, obsolescence, opportunity cost.
In other word, the Inventory carrying cost means the total expenses incurred while storing an unsold good.
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Answer:
A. Injury
Explanation:
Given that for strict liability, the defendant is only liable to accidents he or she causes, that is to prove strict liability, the plaintiff must show
cause and damages. Whereas on negligence, it is required of a plaintiff to show duty, breach, cause, and injuries.
Hence, what must be shown to prove negligence that is not needed to prove strict is "Injury" as it covers a lot of factors including both cause and damages of strict liability.
Answer:
d) as a current liability.
Explanation:
As in the given instance, the value of transaction is also known, further since the contract s signed the company has liability to buy the goods and accordingly the company has to incur such payment.
Since there will be an purchase for which payment will be made in future.
Therefore, this will give rise to current liability, although value of goods has decreased but still, there is a liability of payment.
Answer:
The correct answer for both is $510,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
Issued in Bonds = $510,000
Interest rate = 10%
Market rate = 10%
As, interest rate is equal to market rate of the the bond, So it can be considered as bonds are issued at the face value.
So, the issued price = $510,000
The issuance amount = $510,000
Answer:
B $32.50
Explanation:
Book value per common share will be calculated as;
= (Stockholder's equity - Shares × Call price per share) / Shares of common stock outstanding
Given that;
Stockholder's equity = $680,000
Shares = 500
Call price per share = $60
Shares of common stock outstanding = 20,000
Therefore,
Book value per common share
= ($680,000 - 500 × $60) / 20,000
= ($680,000 - $30,000) / 20,000
= $650,000 / 20,000
= $32.5
