Answer: 7600
Explanation:
The estimated cost of the ending inventory would be calculated as thus'
First, we have to calculate the cost to retail percentage which will be:
= cost/retail price
= 38000/50000
= 0.76
The cost of sales would be:
= net sales × cost to retail percentage
= 40000 × 0.76
= 30400
Then, the ending inventory would then be:
= 38000-30400
= 7600
In relation to the resources required by the business financing division, the best answer is<u> e. </u><u>All </u><u>of these </u><u>resources </u><u>will be </u><u>required</u><u>.</u>
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<h3>Roles of the Business Financing division</h3>
- To budget for the financing needs of the company.
- To record the financial transactions of the company.
To do the above, the business finance department will need information from all sections of the business as this would help the department plan for the costs involved in the company.
In conclusion, option e is correct.
Find out more about roles of financing departments at brainly.com/question/10129908.
Answer:
Average consumption will be higher at University A
Explanation:
In the given situation the fee of €500 will cater for food for the semester in University A. There is no limit stated but the average student eats 250kg.
This implies that there will be students that eat higher than 250kg here.
Since there is no limit to what they can eat, they eat as much as possible to maximise satisfaction.
In University B on the other hand there is maximum of 250kg covered by the fee of €500.
The average amount of food eaten will be below 250kg as all students eat either at or below the maximum amount
Answer:
Gain and loss accounts
Explanation:
Gain and loss accounts are a form of temporary accounts that are utilized to gather combined sales and purchases that has an effect on the profit or loss of business activities over a given period, which is typically in a year. For example, the loss on property sold account.
Hence, in this situation, the correct answer to the question is known to be a GAIN and LOSS ACCOUNT.
Answer:
A large stock dividend is a distribution of more than 25% of previously outstanding shares.
The account Paid-in Capital in Excess of Par Value is always credited when a large stock dividend is declared.
Explanation:
A dividend is considering parsing or separating out profit sharing. A dividend has also, tax rate. For example, there is sometimes in the world situation where we get to see increasing of values of stock and in that time, shareholder can choose what he will do. He can sell the stock and if he does that, he will have to play a tax on capital gains.
So, if someone is sharing a dividend stock, he will be paid an amount of money that the company will earn in the meantime. Companies can device when and how will they pay their dividends.