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3 years ago

9

On August 15, it sold 46 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after

the sale?

1 answer:

Reil [10]3 years ago

4 0

Answer:

Don't know bud i'd assume it's a hard question

Explanation:

Happy to help

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Heather is sixteen but looks much older. she goes into a jewelry store and buys a diamond bracelet with the money she has been s

brilliants [131]

D is the right answer I suppose

6 0

4 years ago

Shawn will pay Craig with a negotiable instrument, and Shawn plans to involve a third party in that process. What instrument sho

masha68 [24]

The instrument that Shawn must use is “payable to the order of” before the name of the payee.

<h3>Requirements of Negotiability </h3>

The first of the four major considerations is whether or not a paper is negotiable, and it is one that nonlawyers must address.
Auditors, retailers, and financial institutions frequently handle notes and checks and must make quick decisions about negotiability.
In a negotiable instrument, the only permissible promise or direction is to pay a particular sum of money. Any other promise or command renders negotiability null and void
This restriction exists to prohibit an instrument from having an uncertain value.
If the bearer of a negotiable instrument had to examine whether a provision or condition had been met before the thing had any value, the utility of the object as a substitute for money would be severely diminished.

Hence, the instrument that Shawn must use is “payable to the order of” before the name of the payee.

To learn more about the Negotiation instrument refer to:

brainly.com/question/9312091

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5 0

2 years ago

Regardless of the inventory costing system used, cost of goods available for sale must be allocated at the end of the period bet

MaRussiya [10]

Answer:

The correct answer is ending inventory and cost of goods sold

Explanation:

Cost of goods available for sale is defined as the maximum amount of the inventory or the goods which the company could possibly sell during the fiscal or accounting period.

The cost of goods which are available for sale need to be allocated among the cost of goods sold and the ending inventory at the end of the year, where the cost of goods equals to the cost of goods available for sale subtract the ending inventory.

6 0

3 years ago

As a business customer, every time you buy a product or service, you are creating a record of that transaction. Group of answer

aleksandrvk [35]

Answer:

True

Explanation:

A buisness customer records every transaction to see how the transaction was

6 0

4 years ago

karl opens a savings account with 2500.Hedeposits1500 every year into the account that has a 0.75% interest rate, compounded mon

Anastasy [175]

Answer:

28707.80 is the account balance after 10 years.

Explanation:

In his question we have two parts of the problem the first one is a single deposit of 2500 in which we will find its future value after 10 years by using the future value formula which is Fv = Pv(1+i)^n , where

Fv is the future value after 10 years of saving the amount which we are calculating.

Pv is the present value initial investment of 2500

i is the annual interest rate which will be 0.75% x 12 = 9% as we are given a rate which is for monthly compounding.

n is the number of years the 2500 is saved up for.

Then we substitute these values to the above mentioned formula:

Fv = 2500(1 +9%)^10

Fv = 5918.41

now we will solve the second part of the question which involves 1500 deposited every year which this is an annuity part of the question where periodic payments are made constantly over 10 years for a certain future amount. which the formula is Fv = C[((1+i)^n -1)/i] , where

Fv is the future value of saving 1500 per year for 10 years

C is the periodic saving which is 1500

i is the annual interest rate of 9% as the 1500 is saved per year

n is the number of periods the 1500 is deposited for which is 10 years'

now we substitute to the above mentioned formula to find the future value:

Fv = 1500[((1 + 9%)^10 -1)/9%]

Fv =22789.39 .

now we will combine both future values to find the account balance after 10 years which will be 22789.39+ 5918.41 = 28707.80 rounded off to two decimal places.

5 0

3 years ago