Answer:
The amount that Cullumber should report as its December 31 inventory is $543000.
Explanation:
FOB shipping point means the purchaser gains title to the merchandise at the shipping point, so when Pelzer shipped the goods, they belonged to Stallman.
**FOB destination means the seller maintains title until the merchandise reaches its destination, so since the goods have not reached their destination, the goods still belonged to Stallman
inventory on december 31 = inventory on december 31 + goods in transit purchased FOB shipping point + goods in transit sold FOB destintion
= $514,000 + $7,000 + $22,000
= $543000
Therefore, The amount that Cullumber should report as its December 31 inventory is $543000.
Answer:
the present value of the stock is 26.57
This will be the amount willing to pay per share today.
Explanation:
We have to calculate the present value of the future dividend
![\left[\begin{array}{ccc}Year&Cashflow&Present \: Value\\0&6&\\1&7&6.3636\\2&8&6.6116\\3&9&6.7618\\4&10&6.8301\\total&9.7&26.5671\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DYear%26Cashflow%26Present%20%5C%3A%20Value%5C%5C0%266%26%5C%5C1%267%266.3636%5C%5C2%268%266.6116%5C%5C3%269%266.7618%5C%5C4%2610%266.8301%5C%5Ctotal%269.7%2626.5671%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We will put each dividend and their year into the formula and solve for PV
First Year
Second Year
Third Year
Fourth Year
The value of the stock is the sum of the present value of their dividend
The sum for this firm is 26.5671 = 26.57
Answer:
B)learn, adapt and adjust to others
Explanation:
Partnership is a form of business owned by two or more people. They raise capital and when profit is made, the partners share profits. The success of the partnership will be determined by several factors. Since the business is owned by both parties with different personalities, willingness to learn, adapt and adjust to others is necessary. Reckless decisions making however, would affect all partners since each will be directly affected by these bad decisions.
Answer:
30 points
Explanation:
If the question is worth 60 points, split between 2 people, it's 30.
Its people add to the value of its resources by making it inimitable
