Answer:
The answer is: $100,000
Explanation:
Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:
We were given the following data:
- Jan. 1: 8,000 purchased at $11 per unit
- June 19: 13,000 purchased at $12 per unit
- Nov. 8: 5,000 purchased at $13 per unit
If the ending inventory had 9,000 units, then its total cost is:
Ending inventory = (8,000 units x $11 per unit) + (1,000 units x $12 per unit)
Ending inventory = $88,000 + $12,000 = $100,000
We will use the formula; A = Pe^(r*t)
Given;
A = 17,000
r = 5.1%
t = 14
Solution;A = Pe^(r*t) Compounding continously
17,000 = Pe^(.051*14)
17,000/e^(.714) = P
$8324.59 = P
The money that has been invested at 5.1% interest and compounded contiounsly to have 17,000 after 14 years is $8324.59
Answer: Orientation.
Explanation:
From the question, after employment, Keisha was given orientation by the new company she works for, where her fellow colleagues at work explained somethings she needed to know about her new place of work and what is required of her. Given an individual orientation, involves directing them and teaching them what to do and expect from something they are new to.
