<span>The answer is "$900".
A company purchased 100 units for $30 each on January 31.
</span><span>it purchased 400 units for $20 each on February 28.</span><span>
it sold a total of 470 units for $110 each from march 1 through December 31.
method used = </span><span> last-in, first-out inventory costing method
it means last 400 units from February and 70 units from January were sold.
So, only 30 units left from January that are for $30 each.
Thus, </span><span> the amount of ending inventory on December 31 = 30 x $30 =$900</span>
Answer:
profit-sharing
Explanation:
As in the partnership, the profit and losses are shared between the partners in their profit losses sharing ratio so the profit sharing plan deals in the same thing if the compensation is distributed so it would be distributed based on the profit sharing plan so that everyone can get their share and according to that the work can done in a smoothly manner
Answer:
<em>Net cash flow=$25000</em>
Explanation:
<em>The net cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest.</em>
<em>The net cash flows= 50,000 -10,000 -15,000 = $25000</em>
<em>Kindly note that the purchase of plants assets is not a financing activity but investment</em>
Answer:
The amount of the last annual dividend paid is <u>$4.3</u>.
Explanation:
Given:
The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8 percent annually.
Now, to find the amount of last annual dividend paid.
Let the amount of last annual dividend paid be 
Price of per share (
) = 
Rate of return (
) = 
Rate of dividend growth (
) = 
Now, to get the amount of last dividend paid we put formula:
<em>Multiplying both sides by 0.104 we get:</em>
<em />
<em />
<em>Dividing both sides by 1.018 we get:</em>
Therefore, the amount of the last annual dividend paid is $4.3.
