Answer:
<u>The correct answer is that the cost of the ending inventory using the retail inventory method is US$ 100,962</u>
Explanation:
Wall-to-Wall Records
Cost Retail
Beginning Inventory $ 48,000 $ 70,000
Purchases $ 210,000 $ 390,000
Cost of Goods Available for Sale $ 258,000 $ 460,000
Cost to Retail Ratio
= $ 258,000 ÷ $ 460,000
= 0.5609 = 56.09%
Cost Retail
Cost of Goods Available for Sale $ 258,000 $ 460,000
− Sales $ 280,000
Ending Inventory $ 180,000
× Cost to Retail Ratio 0.5609
<u>Ending Inventory $ 100,962 </u>
Answer: C. II and III
Explanation:
The customer ordered for 1,000 shares of a stock at $40 and so this is what the registered representative should give the customer. As such, if in the first place the order was possible to be done, then it will have to be done now and the registered representative's firm are obligated to provide the amount in question.
Any costs associated with filling the remaining 900 share order is the responsibility of the firm and not of the customer as they made the error not the customer.
Answer:
D. number of different product lines the company carries
Explanation:
Product mix is referred to as product assortment which is the total number of product lines a company offers to its customers.
Answer: the American Society of Crime Laboratory Directors or the American Board of Forensic Anthropology.
Explanation: goooogle
Answer:
Beta of the portfolio will be 1.08
Explanation:
We have given investment in stock 1 = $20000
And investment in stock 2 is = $35000
So total investment = $20000+$35000 = $55000
Weight of stock 1 
Weight of stock 2 
Beta of stock 1 = 0.7
Beta of stock 2 = 1.3
We have to find the portfolio's beta
Portfolio's beta will be equal to = Weight of stock 1×beta of stock 1 +Weight of stock 2×beta of stock 2 = 0.3636×0.7+0.6363×1.3 = 1.08
So beta of the portfolio will be 1.08