Answer:
C. Increase cost of goods sold and decrease inventory by $16,400
Explanation:
When Inventory is purchased, Debit Inventory and credit Cash/Accounts payable. As Inventories are sold, debit (increase) cost of goods sold (with the cost of the items sold) and Credit (decrease) Inventory account.
Using the first in first out method, the 4,000 units sold must have consisted of the following purchases;
- 2000 units on January 1
- 2000 units from the 3000 on January 13
Hence the cost of goods sold
= 2000 * $4 + 2000 * $4.20
= $16,400
Answer:
Option A; INSTRUMENTALITY.
Explanation:
The expectancy theory explains the processes an individual undergoes to make choices.
INSTRUMENTALITY is the perception of employees as to whether they will actually get what they desire or not.
Lucas's concern is related to instrumentality because he is not sure whether the on-time performance goal will be met or not, even if he puts more effort and performs as expected of him because there are other individual who may cause the desired result not to happen.
Therefore, based on expectancy theory, INSTRUMENTALITY is most closely related to Lucas's concern.
Answer: 10%
Explanation:
The formula to calculate the simple interest (I) is given by :-
Final amount : 
Given : The simple interest earned on a certain amount is double the amount when invested for 10 years.
i.e A = 2P
Put this in equation (2), we get
Put the value of I in (1), we get
Since t=10 years {given} , then
In percent , 
Hence, the interest rate is being offered = 10%
Answer: D
Explanation:
We are given a comparison between 'economic growth' and 'growth energy consumption' and told that the first increased and the second did not. We are also told that a certain amount of oil is being saved by energy improvements. As it is difficult to infer a likely answer in 'must or could be true' type questions, we'll go over all of the options, the Alternative approach.
A. We have no information on the relative ease of finding new sources of oil. No
B. We have no information on how to reduce oil imports. No
C. We have no information on what caused energy consumption to remain steady. No
D. This is exactly what happened so is true. This is almost certainly our answer, let's go over (Correct )
E. We have no information on the link between development of energy sources and growth. No
(D) is our answer; note that all other answers explicitly added information not in the original passage. This is what you need to watch out for in these types of questions.
Answer:
$3.72
Explanation:
earnings per common share = earning attributable to holder of common stock ÷ weighted average number of common stocks outstanding
therefore,
earnings per common share = $3.72
