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Marysya12 [62]
3 years ago
12

Consider the following information pertaining to Pagoda's inventory: Product Quantity Cost Net Realizable Value Gloves 16 $ 121

$ 155 Shoes 26 26 21 Hats 13 52 42 At what amount should Pagoda report its inventory?
Business
1 answer:
aleksley [76]3 years ago
4 0

Answer:

$3,028

Explanation:

As we know that

The inventory should be valued at cost or net realizable value which ever is lower

                       (A)                   (B)                                                (A × B)

Product           Quantity       Lower value of cost or NRV      Amount

Gloves             16                                $121                                 $1,936

Shoes              26                               $21                                   $546

Hats                 13                                $42                                  $546

Total amount                                                                            $3,028

Hence, the inventory recorded amount is $3,028

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The current market demand for paper clips is 320 million and its market development index is 55. calculate the approximate marke
Rina8888 [55]

To calculate for the approximate market potential, we simply have to take the ratio of the current market demand over the market development index in fraction. That is:

market potential = 320 million / 0.55

<span>market potential = 582 million</span>

8 0
3 years ago
The most recent data from the annual balance sheets of N&amp;B Equipment Company and Jing Foodstuffs Corporation are as follows:
lilavasa [31]

Answer: N&B Equipment Company:

Current ratio = 1.33

Quick ratio = 0.746

Jing Foodstuffs Corporation:

Current ratio = 1.65

Quick ratio = 0.928

Explanation:

For N&B Equipment Company:

Current\ Ratio=\frac{Current\ Assets}{Current\ liabilities}

Current\ Ratio=\frac{900}{675}

                             = 1.33

Quick ratio=\frac{Current\ Assets - Inventory}{Current\ Liabilities}

Quick ratio=\frac{900 - 396}{675}

                        = 0.746

For Jing Foodstuffs Corporation:

Current\ Ratio=\frac{Current\ Assets}{Current\ liabilities}

Current\ Ratio=\frac{1,400}{844}

                             = 1.65

Quick ratio=\frac{Current\ Assets - Inventory}{Current\ Liabilities}

Quick ratio=\frac{1,400 - 616}{844}

                        = 0.928

8 0
3 years ago
The two main types of e-commerce are
ivann1987 [24]

Answer:

B2B (Business to business) and B2C (Business to consumer)

8 0
3 years ago
Wanda Sotheby purchased 120 shares of Home Depot stock at $148 a share. One year later, she sold the stock for $140 a share. She
Archy [21]

Answer:

Return on investment =  -0.71%

Explanation:

<em>The return on investment is the sum of the dividends earned and capital gains made during the holding period of the investment.  </em>

<em>Dividend is the proportion of the profit made by a company which is paid to shareholders.  </em>

<em>Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal</em>.  

Therefore, we can can compute the return on the investment as follows:  

Total  Return on investment =  

(Capital gain/ loss + dividend )/purchase price × 100  

Capital loss = (184 -140) × 120 = - 480

Dividend = 427

Commission = 34 + 39 =-73

Net loss on investment = - 480 - 73 + 427= -126

Return on investment = -126 /(148× 120) = -0.71%

Return on investment =  -0.71%

5 0
3 years ago
If A, B, and C are three activities connected with SS and FF (combination) relationships with 2-day lag on the SS relationships
damaskus [11]

Answer:

22 days

Explanation:

number of activities : 3 ( A,B,C)

connected via : SS and FF combination.  days lag on SS and F = 2

Durations : 5,10 and 3

A and B is connected by SS and there is a 2-day lag on the SS connection, this means that B will start 2 days after A have ended

i.e when T = 0 , B will start : 5 +2 = 7 days and end in 17 days

while B and C is connected by FF and there is also a 2-day lag on the FF connection, this means that C will start after B has ended and end in 2 days

i.e when B ends at 17 days ; C starts = 17 + 2 = 19 DAYS

hence the project will end in 19 + 3 = 22 days ( i.e when C ends )

7 0
3 years ago
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