Answer:
Inventory Balance to be reported at year end is C. $135,000
Explanation:
Ending Inventory = Opening Inventory + Purchases - Sales
<u>Calculation of Inventory Balance to be reported at year end</u>
Opening Inventory $9,000
<em>Add</em> Purchases of Inventory $180,000
<em>Less </em>Sales at cost of Inventory ($54,000)
Ending Inventory $135,000
Answer:
the amount of the annual interest tax shield = $7437.5
Explanation:
First we need to ckeck the vaelus given on the problem.
$340,000 bond issue outstanding
rate of 6.25%
sell at 101.2% of face value
tax rate is 35 percent
pay interest semiannually
so the amount of the annual interest tax shield will be given by:
Coupon amount paid in a year = $340000 x 6.25 / 100 = $21250
amount of the annual interest tax shield = $21250 x 35 / 100 = $7437.5
therefore we have that the amount of the annual interest tax shield is $7437.5
Answer:
Nathan's budget line __rotates inward ____ and he moves to a ____lower__ indifference curve.
Answer: 4,050 units
Explanation:
Units to be produced in July = Units sold + ending inventory - beginning inventory
Ending inventory = 20% of August sales = 20% * 4,690 = 938 units
Beginning inventory = 20% of July sales = 20% * 3,890 = 778 units
Units to be produced = 3,890 + 938 - 778
= 4,050 units
<em>Options are most probably for a similar question with different details. </em>
