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tresset_1 [31]
3 years ago
12

Bellevue Company has 26,000 units of inventory on hand at December 31. It sold 1,950 units which are in transit and were shipped

FOB destination. Bellevue purchased 3,250 units which were shipped FOB shipping point by the seller and are still in transit. What is the total amount of inventory to which Bellevue has legal title at December 31
Business
1 answer:
Leto [7]3 years ago
4 0

Answer:

24050

Explanation:

Calculation to determine the total amount of inventory to which Bellevue has legal title at December 31

Using this formula

Inventory=Inventory on hand at December 31- Units in Transit

Let plug in the formula

Inventory=26,000 units- 1,950 units

Inventory=24050

Therefore the total amount of inventory to which Bellevue has legal title at December 31 is 24050

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Nike outsources the manufacturing of its athletic shoes and apparel to manufacturers throughout the world. it needs an effective
weqwewe [10]
Production Nd shipping is my best guess! Since it made a point that they ship all over the world



Hope I helped :) - beanz
8 0
3 years ago
An increase in a firm's tax rate will__________ if the firm has debt capital in its capital structure:
Temka [501]

Answer:

d. decrease the firm's WACC.

Explanation:

As per WACC formula

WACC = ( Weight of Common Equity x Cost of Common Equity ) + ( Weight of Common Debt x Cost of Common Debt x ( 1 - Tax rate ) ) + ( Weight of Preferred Equity x Cost of Preferred Equity )

By assuming the values to prove the answer

Weights

Common equity = 55%

Preferred Equity = 15%

Debt = 30%

Costs

Common equity = 15%

Preferred Equity = 8%

Debt = 12%

Tax rate is 15%

Placing values in the formula

WACC = ( 55% x 15% ) + ( 30% x 12% x ( 1 - 15% ) ) + ( 15% x 8% )

WACC = 8.25% + 3.06% + 1.2% = 12.51%

Keeping others values constant, Now increase the Tax rate to 25% and placing vlaues in the formula

WACC = ( 55% x 15% ) + ( 30% x 12% x ( 1 - 25% ) ) + ( 15% x 8% )

WACC = 8.25% + 2.7 + 1.2% = 12.15%

Hence the WACC is decreased from 12.51% to 12.15% when the tax rate is increased from 15% to 25% keeping other values constant.

7 0
3 years ago
Off-balance-sheet activities consist of issuing financial instruments such as various types of guarantees and engaging in deriva
kramer

Answer:

True

Explanation:

Off balance sheet items are transactions that generate fees for the business (such as guarantees), and to hedge against future loss (such as futures investments).

Meaning assets and liabilities that are deferred or contingent to business success.

4 0
4 years ago
The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales J
Mice21 [21]

<u>TC</u> Units

$64,500 (High) 2,470

} $30,700 } 2000

$33,800( Low) 470

<u>VC</u><u> </u><u>per</u><u> </u><u>Unit</u><u> </u><u>=</u><u> </u><u> </u> 30 700 ÷ 2000 = $15.35

when 470 units are sold,( substitute vc per unit = 15.35)

TC = FC + VC

33, 800 = FC + ( 15.35× 470)

FC = $ 26 586

4 0
3 years ago
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Y_Kistochka [10]

The recency effect happens when robust points are made on the quit of a message and are considered the most persuasive.

The definition of persuasive is a person or something with the energy to persuade. An instance of persuasion is a controversy that changes someone's mind. adjective.

Someone or something that is persuasive is likely to influence a person to consider or do a selected thing. What do you observe were a number of the extra persuasive arguments on the alternative side? I may be very persuasive once I need to be.

A person with persuasive character development is capable of persuading others to do, accept as true with, or buy things. How they do it varies widely and regularly depends on their average persona kind (A, B, C, and D in our tests). some persuasive human beings have confident, sturdy personalities that others have a tendency to go along with.

Learn more about persuasive here:

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#SPJ4

5 0
2 years ago
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