Answer:
$1,120
Explanation:
Ending Merchandise Inventory is value of closing inventory in hand, to be valued at lower of cost or net realizable value or replacement value
Here, cost of closing inventory = 7 units X $160 each = $1,120
Since current realizable/ replacement value = $1,155
Cost is less than realizable value, therefore cost will be considered.
Thus ending merchandise inventory will be valued at total of $1,120.
 
        
             
        
        
        
Answer:
 $85.07
Explanation:
The computation of the current share price is shown below:
Year          Dividend	Terminal value	Total cash flow	PVIF at 9%	Present value
1           $3.00                                  $3.00          0.9174	$2.75  
2           $4.00                                   $4.00          0.8417	$3.37	
3           $5.00                                  $5.00          0.7722	$3.86  
4          $6.00                                   $6.00          0.7084	$4.25  
5          $7.00	$102.00                          $109.00          0.6499	$70.84       
                                                                                                                 $85.07
The terminal value is 
= 7 × 102% ÷ (9%-2%)  
 
        
             
        
        
        
Answer:
Explanation:
United States savings bonds are debt securities issued by the United States Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S. savings bonds are considered one of the safest investments because they are backed by the full faith and credit of the United States government.
 
        
             
        
        
        
Answer: Please see explanation column for answers
Explanation:
 A) Amount refund owed to customer=
Sale of item - discount on item
=$28000- ($28000 x 2%) = $27,440
B)Journal of the entries made by the seller to record  refund
Dr Sales Returned and allowances - $28,000
Cr Sales Discount $560
Cr Cash $27,440
 c)  Journal of the entries made by the seller to record  return of merchandise
Cr Merchandise Inventory-$16,800
Dr Cost of Merchandise  Sold -$16,800
 
        
                    
             
        
        
        
A fall in the U.S. interest rate differential <u>decreases</u> the demand for U.S. dollars.
Demand for the dollar is typically excessive as it is the world's reserve foreign money. other elements that have an effect on whether or not or not the dollar rises in value in evaluation to every other foreign money encompass inflation prices, change deficits, and political balance.
Higher interest rates have a tendency to attract foreign investment, growing the demand for and cost of the house American foreign money. Conversely, decrease interest prices have a tendency to be unattractive for foreign funding and reduce the forex's relative fee.
The cost of money is decided through the charge stage. If prices inside the u.s.a. upward thrust faster than the ones of different nations, people will typically count on the foreign exchange value of the U.S. dollar to fall. call for U.S. dollars will lower and delivery will increases.
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