Answer:
Period-end Inventory = 1,710 units
Explanation:
Units in Ending Inventory
Units of Product on hand 1,300 units
Add:
Units in-transit 350 units
Units in-consignment 80 units
Less:
Damaged <u> (20) units</u>
Total units in period-end inventory= 1,710 units
Since the products are in transit and some products are out of consignment to the homestead crafts, therefore, both the products belong to them. Damage products need to removed to reduce the inventory balance.
Answer:
Demand for luxury cars will decrease massively today.
Explanation:
Demand for Luxury items is highly Elastic (>1). This means that quantity demanded will respond proportionately higher to price change.
Future Expectations about price also determine demand.
- If prices are expected to fall in future, demand will decrease today (postponed at future lower prices). If prices are expected to rise in future, demand will increase today (reduced at future higher prices).
- However its important that these are not necessity goods, whose consumption urgency makes their demand inelastic i.e less respondent to price.
So : Luxury Cars having Elastic Demand, coupled with future lower prices & better credit facilities - will reduce their demand massively today, as it's expected to be highly demanded in future period rather than current period
Answer:
IRR = 10.75%
Explanation:
The yield to maturity will be the rate at which the present value of the coupon payment and the maturity equals the market price.
C 57.50
time 24
PVc
Maturity 1,000.00
time 24.00
PVm
PV c $765.3158
PV m $284.6842
Total $1,050.0000
rate ?
The only way to solve this equation is with trial and error. Because of technological advance we can do it using excel goal seek.
we write the formula for the PV of an ordinary annuity
and the formula for a lump sum
below them we add them both together
then we define a cell for the rate
and we determinate that we want the cell which contain the sum to match 1,050 changing the rate cell
this will give us an IRR of 0.10749 = 10.75%
Answer:
Jerilyn will have a gain of $17,000 from sale of her interest
Explanation:
Jerilyn will recognize a gain on the sale of her interest and the gain amount would be $17,000 which is computed from the difference among her basis in APJ of $75,000 and sells her interest for $92,000 ($92,000 - $75,000).
She recognizes the gain as she receives the only cash for selling her interest and the amount is more than her basis in her partnership interest and also APJ has no hot assets, therefore, the gain will be recognized as capital.
Answer:
C. They are most likely to lead anti-globalization demonstrations.
Explanation:
A. Are global citizens. Favours international brands.
B. This refers to Antiglobals. Doesn't like international brands because of their skepticism towards their quality.
C. Refers to Global Agnostics. Prefers national and local brands.
D. Are global dreamers. Favours international brands.
