Answer:
The one entry is recorded
Explanation:
The journal entry is shown below:
Inventory A/c Dr (Ending inventory) $10,000
Cost of goods sold A/c Dr (Balancing figure) $94,000
To Inventory A/c Dr (Beginning inventory) $5,000
To Purchase account $99,000
In mathematically,
Cost of goods sold = Beginning inventory + purchase - ending inventory
= $5,000 + $99,000 - $10,000
= $94,000
Answer: Yes, the years worth of payments is more than the actual claim
Explanation:
the claim was $2500 and he payed $3,012 a year for insurance
Answer:
The statement is: True.
Explanation:
In management, devil teams are those composed of individuals who tend to have a critical way of thinking about ideas or methods of working proposed. Their objective is not to play the role of antagonists but to expose possible weak points on what is being proposed to them to improve it.
The spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>
<h3>What is the spread?</h3>
The spread is the gap or difference between the bid and the ask prices of a security or asset, like a stock, bond, or commodity
The spread is commonly known as a bid-ask spread. This implies that while the investor is bidding to sell the security at $41.87, it could be sold for $42.25, giving a difference (spread) of $0.38 per share.
<h3>Data and Calculations:</h3>
Buy Orders (Bids) Sell Orders (Asks)
Amount Price Amount Price
63 $42.15 3 $42.16
36 $42.12 68 $42.22
112 $41.99 113 $42.25
3 $41.88 9 $42.44
Spread at a ask price of $42.25 = $0.38 ($42.25 - $41.87)
<h3>Answer Options:</h3>
a.) 0.01
b.) 0.29
c.) 0.38
d.) 0.17
Thus, the spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>
Learn more about security spreads and bid and askprices at brainly.com/question/14467928
