the correct answer is false .....
hope this helps
The first year would be $5200.
Find 4℅ of $5000 and add it to the 5000
Next year $5208.
same 4% of 5200 now then add it to 5200
OR
get the formula for compound interest work it out.
Answer:
The correct answer is: "4.960.000"
Explanation:
Since the rent expense is included in the operating expenses and there was a prepaid rent balance amortized of 40.000 (Difference between the beginning balance and the ending balance 120.000- 80.000) . You have to deduct from the total of the operating expenses the amount of the prepaid rent amortized. 5.000.000-40.000. Hope it helps
Answer:
Closing value of inventory = $357 for 21 units
Explanation:
As for the provided information we have,
Under FIFO method we know,
FIFO means First In First Out, under this the goods bought at earliest are sold earliest.
That means first opening inventory is sold, then the inventory purchased at the earliest.
Now we have,
Opening Inventory = 27 units @ $17 = $459
Purchases:
Aug 5 22 units @ $16 = $352
Aug 12 26 units @ $17 = $442
Provided 54 units are sold on Aug 15, that means, opening inventory of 27 units, 22 units bought on Aug 5, and 54 - 27 - 22 = 5 units from purchases on Aug 12.
Therefore, after sale units left = 26 - 5 = 21 units
Thus, closing value of inventory = $357 for 21 units
Answer:
She have two opportunity cost: 1. Shoes
2. Dress
With the return back money of $2
Opportunity cost is the return of a foregone option less than the return on your chosen option.