Answer: C
Explanation:
dividing a company's current stock price by its earnings per share (EPS)
45/2.25=20
Answer:
Debit $ 800,000 to the Asset Account.
Explanation:
With the help of successful efforts process we will find the solution of the given problem .The successful efforts process stated that,if the company are upgrading only those expenses or the cost that are involved with the discovery of oil and the gas then reserves are identified.
- The successful efforts process stated that when the cost of exploration is achieved then the cost of the exploration is capitalized .
- So the sulfur reserves were identified therefore $800,000 in exploration expenses would be debited to the Asset Account.
This system can help a business monitor quantitative business factors
Inventory and transaction systems
Explanation:
The Inventory and transaction systems are usually there to report on the tangible benefits of the transaction that are being made and the commerce that is happening for the business over all.
These inventories are thus to be deigned and computed in the manner that would best align with the interest of the company and the firm that is needed for the quantitative business.
Quantitatively, one would need substantial data and this can provide it well.
Answer:
The correct answer is:
Producers, consumers.
In the context of agribusiness and the globalization of agriculture, the food chain is a way of understanding complex connections between agricultural producers and food consumers.
Explanation:
The globalization process of agriculture has allowed the agricultural world to expand in a more appropriate and faster way, since it has provided the necessary elements lacking in the past for a growing economy in this important field for humanity. The Globalization of agriculture has been acting like a growing chain, once the exportation process grows, it provides more employment and at the same time when families have more income the demand grows as well.
Answer:
Closing value of inventory = $357 for 21 units
Explanation:
As for the provided information we have,
Under FIFO method we know,
FIFO means First In First Out, under this the goods bought at earliest are sold earliest.
That means first opening inventory is sold, then the inventory purchased at the earliest.
Now we have,
Opening Inventory = 27 units @ $17 = $459
Purchases:
Aug 5 22 units @ $16 = $352
Aug 12 26 units @ $17 = $442
Provided 54 units are sold on Aug 15, that means, opening inventory of 27 units, 22 units bought on Aug 5, and 54 - 27 - 22 = 5 units from purchases on Aug 12.
Therefore, after sale units left = 26 - 5 = 21 units
Thus, closing value of inventory = $357 for 21 units
