Answer:
$2,466,000
Explanation:
Use the missing figure approach or gross profit method as below :
Trading Account
Sales $4900000
Less Cost of Sales :
Opening Inventory $2050000
Add Purchases $4091000
Total $6,141,000
Less Closing Inventory ($2,466,000) ($3,675,000)
Gross Profit ($4900000 x 25%) $1,225,000
thus,
The merchandise inventory of Wildhorse at December 31, 2020 is $2,466,000
Answer: 10%
Explanation:
You can use Excel to solve for this.
The investment will be in negative as shown below.
Input the increase in net annual cash flows 7 times to represent 7 years.
IRR = 9.9999%
= 10%
Answer:Jason is using Pathos persuasive appeal.
Explanation:
Pathos is the use of emotional appeal or sympathy to the audience's emotions to make them feel what you want them to feel .
It is usually carried by companies to persuade people to purchase Thier products by constantly reminding the public or audience about benefits gained by them and how the company had associated positively with them in the past.
Here, Jason is persuasively appealing to the client by using pathos. He us trying by all means to persuade his audience by appealing to their emotions.
Answer:
$2,492
Explanation:
Cost = Fixed cost + (Variable cost per unit × q)
Fixed cost $=1,920
Variable cost per unit =$11
q= 52
Hence;
= $1,920 + $11 × 52
=$1,920+$572
=$2,492
Therefore the materials and supplies in the planning budget for August would be closest to:$2,492