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8090 [49]
2 years ago
8

Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning in

ventory 480 $ 2.46 Apr. 20 Purchase 360 2.71 Dunbar sold 580 units of inventory during the month. Ending inventory assuming FIFO would be:
Business
1 answer:
Thepotemich [5.8K]2 years ago
8 0

Answer:

Ending inventory= $964.6

Explanation:

<u>First, we need to calculate the number of units in ending inventory:</u>

Units in ending inventory= total units - units sold

Units in ending inventory= 840 - 580

Units in ending inventory= 260

<u>To calculate the ending inventory cost under the FIFO (first-in, first-out) method, we need to use the cost of the last units remaining in inventory:</u>

Ending inventory= 260*3.71

Ending inventory= $964.6

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You are considering the purchase of a common stock that paid a dividend of $3.00 yesterday. You expect this stock to have a grow
Ray Of Light [21]

Answer:

$50.8

Explanation:

As per given Data

Dividend Paid = $3

Worth of the stock is the present value of all the cash flows associated with the stock. Dividend is the only cash flow that a stock holder receives against its investment in the stocks. We need to calculate the present values of all the dividend payments.

Formula for PV of dividend

PV of Dividend = Dividend x ( 1 + growth rate )^n x ( 1 + r )^-n

1st year

PV of Dividend = $3 x ( 1 + 20%)^1 x ( 1 + 14% )^-1 = $3.16

2nd year

PV of Dividend = $3 x ( 1 + 20%)^2 x ( 1 + 14% )^-2 = $3.32

3rd year

PV of Dividend = $3 x ( 1 + 20%)^3 x ( 1 + 14% )^-3 = $3.50

After three years the dividend will grow at a constant rate of 5%, so we will use the following formula to calculate the present value

PV of Dividend = [ $3 x ( 1 + 20%)^3 x ( 1 + 5%) / ( 14% - 5% ) ] x [ ( 1 + 14% )^-3 ]

PV of Dividend = $40.82

Value of Stock = $3.16 + $3.32 + $3.50 + $40.82 = $50.8

6 0
3 years ago
Which process is used to select more than half of federal civilian workers?
VMariaS [17]
The appropriate response is civil service examination. Civil service examination will be examinations actualized in different nations for enlistment and admission to the common administration. They are expected as a strategy to accomplish a successful, objective open organization on a legitimacy framework.
8 0
3 years ago
Read 2 more answers
The Closed Fund is a closed-end investment company with a portfolio currently worth $200 million. It has liabilities of $3 milli
iragen [17]

Answer:

$39.40

Explanation:

According to the situation, the solution is as follows

The Net asset value of the fund is

= (Current worth of portfolio - liabilities) ÷ (outstanding shares)

= ($200 million - $3 million) ÷ (5 million shares)

= $39.40

Basically we applied the above formula in order to determine the net asset value of the fund.

8 0
3 years ago
The total cost of an asset less its accumulated depreciation is called:
mars1129 [50]
Total cost of asset less depreciationThe book value of an asset is the original cost of the asset less its accumulated depreciation. At the end of year three, for example, total accumulated depreciation equals $7,080, and the book value equals $5,720.
7 0
3 years ago
Vestel Corporation, a Turkish company that manufactures​ battery-powered tools, is considering the idea of selling its products
photoshop1234 [79]

Answer:

The given approach would be "Proxy indicators".

Explanation:

  • A proxy indicator would be a parameter that often used substitute throughout that would be harder to quantify individually.
  • This would be an ambiguous indication of either estimate which may well approximate or otherwise be indicative of such an occurrence or without the existence of either a specific measurement.

So really the answer above would be appropriate.

3 0
3 years ago
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