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3 years ago

7

London Company hired some students to help count inventory during their semester break. Unfortunately, the students added incorr

ectly and the 2019 ending inventory was overstated by $5,000. What would be the effect of this error in ending inventory

1 answer:

Natalija [7]3 years ago

5 0

They have to recount each thing

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Based on market values, Gubler's Gym has an equity multiplier of 1.46 times. Shareholders require a return of 10.91 percent on t

rewona [7]

Answer:

The answer is "5.4% and 15,23,500".

Explanation:

Calculating the capital cost:

$=(1-\frac{1}{1.46})\times 10.91\% \times (1-39\%)+(\frac{1}{1.46})\times 4.84\% \\\\=(\frac{1.46-1}{1.46})\times \frac{10.91}{100} \times (\frac{100-39}{100})+(\frac{1}{1.46})\times \frac{4.84}{100} \\\\ =(\frac{0.46}{1.46})\times \frac{10.91}{100} \times (\frac{61}{100})+(\frac{1}{1.46})\times \frac{4.84}{100} \\\\=\frac{306.1346}{14600}+\frac{4.84}{146} \\\\= 0.021+0.033 \\\\ =0.054\\\\= 5.4\%$

Maximum amount to be spent

$=\frac{277,000\times 100 }{5.4} \times (1-\frac{1}{(1.054)^7})\\\\=\frac{277,000\times 100 }{5.4} \times (1-\frac{1}{1.44})\\\\=\frac{277,000\times 100 }{5.4} \times (1-0.7)\\\\=277,000 \times 100\times 0.055\\\\=\$15,23,500\\$

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2 years ago

The Garden Shoppe has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 1.65 percent

Andru [333]

Answer:

In order to find the dividend 8 years from now we will use the formula D*(1+R)^N

Right now

D= 1.84

R=1.65%

N= 8

1.84*(1.0165)^8

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The dividend 8 years from now will be $2.097.

Explanation:

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3 years ago

Which of the following is the best example of a positive question?a. How are price and quantity demanded related?b. How should t

fredd [130]

Answer:

a. How are price and quantity demanded related?

b. How should the government deal with the next recession?

Explanation:

A positive question is the kind of question the answer of which is simply yes or no. They ask about how one thing is rather than how something should be.

In above question, there are two questions which fall in the category of positive questions because of the way they are formed and what they are asking.

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3 years ago

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bogdanovich [222]

Answer:

The correct word for the blank space is: strategic vision.

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The strategic vision of a company outlines the path the organization should follow and the set of steps that are to be taken to reach the firm's objectives in the long term. Compared to the mission, the vision is in charge of answering the question of <em>what the impact of the organization's operations will be for the internal environment of the firm</em>.

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3 years ago

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tigry1 [53]

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Learn more about proactive scanning here:

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2 years ago