Answer:
$50,000
Explanation:
The theatre should record the securities at the date of donation for $50,000 because for donated securities, they are usually recorded at the fair value upon receipt. Also, for contribution - which is a gift, usually measured at the fair value when received to the not for profit organization , same applies to securities.
Answer:
Purchases= 19,650 pounds
Explanation:
Giving the following formula:
Production in units:
February= 20,100
March= 18,600
One pound of material is required for each finished unit.
The inventory of materials at the end of each month should equal 30% of the following month's production needs.
<u>To calculate the purchase of raw material for February, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 20,100 + (18,600*0.3) - (20,100*0.3)
Purchases= 19,650 pounds
Answer:
It was raised $236,009.52
Explanation:
The YTM is 6.43
so we need to calculate the market price of the bond using this rate.
Market price will be equal to the cash raised from the sale.
1st annuity of 20 years semiannual payment of
275,000 x 0.0599/2 = 8236.25
PV = 183,932.289662
2nd we have to calculate the prsent value of the redeemption of the bond
PV = 79,0773.23051
Now we add both values to get the cash proceeds from the bond
79,0773.20351 + 183,932.289662 = 236,009.52
Answer:
Markets are competitive.
Explanation:
In the competitive market, the number of sellers competed with each other in terms of prices, quality, maximize the market share.
In the given situation, various sellers are competed with each other for meeting out the consumer demands also at the same time it offers the goods at lowest cost and highest quality so that it capture the whole market
Therefore the second option is correct
A wholesaler that offers a smaller selection of services than some other wholesalers, but tries to make up for it by charging less.
<h3>Explain about the Limited service wholesalers?</h3>
Wholesalers do not sell directly to the general public instead, they purchase goods from manufacturers and other wholesalers and then resell them to other wholesalers and retailers. When full service wholesalers may not work with small business owners, limited function wholesalers often provide them specific services.
There are two basic types of merchant wholesalers: service (also referred to as full-service wholesalers) and limited-function or limited-service wholesalers. The latter group, which is further subdivided into smaller niches, provides varying levels of service in areas like product delivery, credit, and marketing.
Cash and carry wholesalers are an example of a limited service wholesaler who neither sells items on credit to clients nor provides transport facilities. Limited service wholesalers can also be categorized as truck wholesalers, rack jobbers, drop shippers, mail-order wholesalers, etc.
To learn more about Limited service wholesalers refer to:
brainly.com/question/15691605
#SPJ4