Answer:
Value of ending inventory on May 15 after sale = $272
Explanation:
The periodic nventory methods calculating inventory through a physical count at the end of the period.
Under FIFO method, the inventory that is purchased first is the one that is sold first. Thus, a sale of 30 units on May 15 will be made from:
Cost of sales:
17 units at $ 11 = 187
11 units at $ 16 = 176
Remaining units = 30 - (17+11) = 2
The 2 units will be taken from units purchased on May 12.
The ending inventory, thus, will be 18 - 2 = 16units at $17 per unit
Value of ending inventory on May 15 after sale = 16 * 17 = $272
Answer: A ballon note
Explanation: A balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity. The final payment is called a balloon payment because of its large size. Balloon payment mortgages are more common in commercial real estate than in residential real estate.A balloon loan is a loan that you pay off with a single, final payment. Instead of a fixed monthly payment that gradually eliminates your debt, you typically make relatively small monthly payments. But those payments are not sufficient to pay off the loan before it comes due. As a result, you need to make a final “balloon” payment to pay off the remaining loan balance, and that payment may be significant.
Answer:
The correct option is B,200 new consultants must be hired each year
Explanation:
Applying inventory formula that established relationship with flow rate and flow time,the number of new recruits each year can be determined.
The formula states that : inventory (I)=flow rate(R)*flow time(T)
Inventory is quantity of flow units been managed by an organization at a particular point in time,in the case it is 400 employees.
In addition,flow rate is the quantity of flow units making its way around the business at a particular time,that is unknown and expected to be determined.
Lastly,flow time defines the time used by a flow unit in the business process given as two years in this scenario.
As a result,400=R*2years
R=400/2 years
R=200 employees
Criteria. I believe so. It needs 20 to answer
Answer:
Option (B) is correct.
Explanation:
Number of consumers in the market is one of the determinants of demand which shifts the demand curve.
In a perfectly competitive market, if there is an increase in the number of consumers in the market then as a result the demand for the product also increases which shifts the demand curve rightwards.
This rightward shift in the demand curve will result in an increase in both equilibrium price and equilibrium quantity which is also a profit maximizing quantity of output.
