Answer: $263,000
Explanation:
Based on the information given, the finished goods inventory on September 30 will be calculated as:
= Begining inventory + Transfers in - Transfers out.
= $203000 + $1,770,000 - $1,710,000
= $263,000
Therefore, finished goods inventory on September 30 was $263,000
Yes, the above statement is true. <span>If an organization is committed to ethical business conduct that commitment should remain constant. Although several firms and many employees remain constant in their ethical commitment and values, variances can happen.</span>
Answer:
16
9.8
12.90
5.8
Explanation:
The price to earning ratio is a financial metric used to value a company. it compares the price of a stock to the earnings of the stock. the lower the metric is, the higher the valuation of the firm
price to earning ratio = market value per share / earnings
1 = 176/11 = 16
2. 78.40 / 8 = 9.8
3. 77.40 / 6 = 12.90
4. 203/35 = 5.8
Answer:
= $560,000
Explanation:
Given that:
- -Beginning PBO: 500,000
- -Current Service Cost: 50,000
- -Discount Rate: 6% => interest cost = 500,000*6% = 30,000
- -Contributions by Pernell: 40,000
- -Benefits paid to employees 25,000
- -Loss on PBO: 5,000
As we know that service cost; gains and losses; payments to retired employees; prior service cost; interest cost; payments to employees are factors that change the balance of the PBO
So the ending balance of the PBO will be:
Beginning PBO + Current Service Cost + Interest cost Loss on PBO -Benefits paid to employees
$500,000 + $50,000+ $30,000+$5,000-$25,000
= $560,000
Answer: predatory pricing.
Explanation:
John's Mattresses is now selling its products in Spain. It has priced its line of mattresses very low in the hopes that it will drive away weaker competitors. This is an example of predatory pricing.
Predatory pricing is when a company intentionally reduces its price in order to reduce competition. It should be noted that this can lead to monopoly and it violated the antitrust law.
