Answer:
The value of cost of goods sold is $2,730 as shown below
Explanation:
The sale of 120 units made on January 17 is valued at $1,080 (120*$9) taking from stock purchased last on January 1
The sale of 160 units on January 29 is valued at $1,650 (150 units*$11) taking the items purchased last on January 20
The cost of goods sold =$1,080+$1,650
Cost of goods sold=$2,730
The value of closing inventory=30*$9+10*$11
=$270+$110
=$380
Hence value of costs of good sold is $2,730 while closing inventory is valued at $380
Answer:
True
Explanation:
The purpose of any business is to make profit, which is from the difference between revenues (price of product multiplied number of product sold) with the cost of goods sold (average total cost multiplied number of product sold).
In short, the profit = (price - average total cost) x number of product sold.
Normally the price must be above/ higher than cost, so that the firm can have profit. Sometime the price in the market go down, so the firm have have to adjust down its price also to maintain customer's purchases.
Once its price is down, but the firm's average total cost is still same as previous, the firm can not have profit as previously. The firm may bear this situation as long as its capital capacity allowed, but will not be too long.
Answer:
Russia
Explanation:
Trade sanctions are usually imposed on countries by others mainly as a result of illegal occupation of other terrritories or due to various humanitarian violations. Russia intervened through its military in the affairs of East Ukraine in what has been termed as the Russo-Ukrainian war. This actions were throgh a number of military actions from February 2014 till date and this affected the annexing of the Crimean peninsula, as well as the Donbas area of East Ukrain.
The trade sanctions imposed is to force Russia to reconsider its position and stop the military interventions .
Answer:
A)favors the use of a large number of small local projects
Explanation:
Kaizen approach can be regarded as an approach that enables continuous improvement as a result of the idea which focus that a small as well as a continuous positive changes can give rise to tangible improvements. This approach focus on commitment as well as cooperation. It should be noted that The Kaizen approach to change favors the use of a large number of small local projects.
Answer:
1) $30
2) 2,014,000 shares
Explanation:
1). A 4 for 1 stock split means that for every one stock outstanding, there would be two stocks outstanding port the split. However, the value of the firm is not increased here. So, the value of firm won't change
Value of firm pre-split = Value of firm post-split
Therefore,
Number of shares pre-split * Share Price pre-split = Number of shares post-split * Share Price post-split
1 * $90 = 3 * Share price post-split
Solve for share price post slip:
Share price post-split = $90/3 = $30
2) Number of shares post stock dividend = Number of shares pre stock dividend * (1 + Dividend %)
Number of shares post stock dividend = 1,900,000 * (1 + 6%) = 2,014,000 shares
