Answer:
B) Cost of goods sold is not recorded under a periodic system until the end of the period.
Explanation:
The periodic inventory system refers to an inventory system in which a physical count of inventory is carried out occasionally in order to determine the inventory level and cost of goods sold (COGS). Therefore, the inventory account and cost of goods sold account are not recorded under a periodic system until the end of this occasional period which may be once a month, once a quarter, or once a year.
On the other hand, the perpetual inventory system is an inventory system in which inventory balances and COGS are continuously updated automatically whenever a product is received or sold using digital technology. Therefore, under perpetual inventory system, purchases and cost of goods sold are continuously recorded automatically without having to wait till the end of any particular period.
Therefore, one difference between periodic and perpetual inventory systems is: B) Cost of goods sold is not recorded under a periodic system until the end of the period.
Answer:
The discount rate for this project is 5%.
Explanation:
The discount rate for the new project will be the required rate of return or the cost of equity that will be used to discount the cash flows from the project to calculate its Net present value. Using the CAPM, we can calculate the required rate of return (r) as:
r = rRF + beta * rpM
Where,
- rRF is the risk free rate
- beta is the stock's beta or measure of risk
- rpM is the market risk premium
r = 2% + 0.5 * 6% = 0.05 or 5%
Answer: No you should not
Explanation:
Mr. and Mrs. Mitchell gave Amy up for adoption four years ago and in effect legally voided their guardianship of her. As far as the law is concerned, they are no longer Amy's parents. As such, Mr Fred Mitchell requesting for information on the girl is akin to a stranger doing the same and so cannot be honored, at least not without the consent of the new parents.
Answer:
PV=1,175
Explanation:
this question can be solved thinking as if we have a perpetuity, it is a future infinite payments, but in this particular case we have those payments (dividends) increasing over the time, so we can apply the next formula:
where PV is the present value of the future payments, i is the interest rate and k is the annual increasing, so applying to this data we have:
Answer:
self-fulfilling prophecy
Explanation:
Based on the information provided within the question it can be said that in this scenario a self-fulfilling prophecy has occurred. This term refers to when an individual causes a prediction to come true by unintentionally adjusting their behavior and action in such a way that makes that prediction come true. Which is what is happening in this scenario since Leone thinks that Josef is good at investing, it makes Joesef read up and become good at investing.
