Answer:
D) Interpersonal Skills
Explanation:
Since the team has professionals of various specifications. Some are very experienced, some are freshers.
So, it is likely to increase the professional difference of opinions between the team members. Hence, it is very important for company members to be trained for Inter Personal skills. This would make them better understand & coordinate, cooperate with various team members, despite of their differences. The better unified team efforts would make their efforts better directed towards company common goals.
Answer:
Call Value = $9.62
so correct option is d. $9.62
Explanation:
given data
stock price = $64
rate of return = 5%
exercise price = $55
expiration date = 73 days
put option price = $0.074
to find out
call value option should be worth
solution
we will apply here according to the Put Call Parity that is
Put Value + Stock Price = Call Value + [Exercise Price ×
] ..........1
put here value we get
$0.074 + $64 = Call Value + [$55 ×
]
solve it we get
Call Value = $9.62
so correct option is d. $9.62
Answer:
a. What accounting action should Aquarium take in this situation?
the balance of inventory account should decrease to match the replacement cost.
b. Give any journal entry required.
Dr Cost of goods sold 75,000
Cr Inventory 75,000
c. At what amount should Aquarium report Inventory on the balance? sheet?
Inventory = $200,000 - $75,000 = $125,000
d. At what amount should the company report Cost of Goods Sold on the income statement?
Cost of goods sold = $820,000 + $75,000 = $895,000
e. Discuss the accounting principle or concept that is most relevant to this situation.
US GAAP states that companies must use the lower of cost or market rule, which means that inventory must be recognized at the lowest cost either original purchase cost or market value.
Answer:
the amount that should reported as the estimated liability is $20,250
Explanation:
The computation of the amount that should reported as the estimated liability is as follows:
= Total sales × total percentage - total actual warranty expenditure
= $500,000 × 6% - $9,750
= $30,000 - $9,750
= $20,250
Hence, the amount that should reported as the estimated liability is $20,250