Answer:
Explanation:
For answer , see the attached file.
<span>4% X 18 (years) = 72.
Therefore, the investment will double in 18 years.</span>
Answer: 1. $110000.
2. $120000
Explanation:
First, we calculate the sold units which will be:
= Opening inventory + Purchase - Ending inventory
= 10000 + 30000 - 20000.
= 20000
Then, the cost of stock per unit will be:
= $115000/20000
= $5.75
The total cost of the total stock available will be:
= 40000 × $5.75
= $230,000
Cost of purchase stock will be:
= Total cost of stock - Cost of beginning inventory
= $230000 - $50000
= $180000
Then, cos per unit of purchased stock will be:
= $180000 / 30000
= $6
1 Determine the cost of goods sold for 2021 using the FIFO method.
Cost from begining inventory = 10000 × 5 = 50000
Add: Cost from purchase inventory = 10000 × 6 = 60000
Cost of goods sold under FIFO = 110000
2. Determine the cost of goods sold for 2021 using the LIFO method.
This will be:
= 20000 × 6
= 120000
Answer:
c. that all individuals can usefully and validly be categorized on the basis of a relatively small number of personality characteristics.
Explanation:
Personality test asserts that individuals can be categorized based on some personality traits, this is not totally correct as it tends to narrow an individuals personality based on a few characteristics, whereas, an individuals personality is composed of a wide array of traits.
