Answer:
$18,650
Explanation:
FIFO means first in, first out. It means its the oldest inventory that are sold first .
If the company sold 800 inventory, the 800 would be taken from the beginning inventory which is a total of 450 and the remaining 350 would be taken from the inventory produced in January.
Cost of goods sold
450×$22 = $9,900
350 ×$25= $8,750
$9,900 + $8,750 = $18,650
I hope my answer helps you
Answer:
The rate is greater than 8%
Explanation:
Given

<em>Missing part of question</em>


Required
Is r > 1
We have:

Substitute values for r and I

Divide both sides by 1000

Add 1 to both sides

Take square roots of both sides


Subtract 1 from both sides

Multiply both sides by 100


<em></em>
<em>Hence, the rate is greater than 8%</em>
Your answer is true that is what a segmented market is
Answer:
9%
Explanation:
Given:
The net income = $12,000
Total equity = $40,000
Total assets = $80,000
Dividend payout ratio = 40%
Now,
Internal rate of return, r = 
or
Internal rate of return, r = 
or
Internal rate of return, r = 15%
and,
Retention ratio = 1 - Dividend payout ratio
= 1 - 0.40
= 0.60 or 60%
Now,
Growth rate = Retention ratio × Internal rate of return
or
Growth rate = 0.60 × 0.15
or
Growth rate = 0.09
or
Growth rate = 9%
Answer: A stock exchange, share market or <em>Bourse </em>is a place where people meet to buy and sell shares of company stock. Some stock exchanges are real places, like the <em>New York Stock Exchange</em>, others are virtual places <em>the NASDAQ.</em>
Explanation: