Answer:
Gilbert Company's total expected cash disbursements for purchases in the month of August are $45,000.
Explanation:
In August the 75% of July purchases payments and 25 % of August purchases Payments will bedisbursed.
Cash Disbursement of August
August Payment = $15,000
July Payment = $30,000
Total Disbursement = $15,000 + $30,000
Total Disbursement = $45,000
Working:
July payment = $40,000 x 75% = $30,000
August Payment = $60,000 x 25% = $15,000
Answer:
4.17 years
Explanation:
For Bond,
Let's take Bond Par Value = $1,000
Coupon Rate = 9%
YTM = 8.5%
Current Yield = Annual Dividend/Current Price
0.0885 = 90/Bond Price
Bond Price = $1,016.95
Calculating Time left to Maturity,
Using TVM Calculation,
T = [FV = 1000, PV = 1016.95, PMT = 90, I = 0.085]
T = 4.17 years
So,
Time left to Maturity = 4.17 years
Cost of goods sold assuming LIFO would be $1,653.
It is a technique used to account for stock. under LIFO, the charges of the maximum current merchandise bought are the first to be expensed. LIFO is used best within the governed via the generally usual accounting concepts.
Determine the inventory cost of our oldest stock and multiply that fee with the aid of the quantity of inventory bought, whereas to calculate LIFO decide the fee of your maximum recent stock and multiply it by using the amount of inventory bought.
explanation;
Records for Dunbar Incorporated revealed the following:-
Cost of goods sold = (320 × $2.51) + (360 × $2.36)
Cost of goods sold = $803.2 + $849.6
Cost of goods sold = $1,653
Disclaimer:- your question is incomplete, please see below for complete questions
Beginning inventory 470 $2.36 Apr.
20 Purchase 320 2.51 Dunbar sold 680 units of inventory during the month. Cost of goods sold assuming LIFO would be?
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Answer:
The earnings per share for 2019 is $1.78
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income) ÷ (weighted number of outstanding shares)
where,
Net income = $330,000
Weighted number of outstanding shares = (Beginning balance of common stock + ending balance of common stock) ÷ 2
= (160,000 shares + 210,000 shares) ÷ 2
= 185,000 shares
Now put these values to the above formula
So, the value would equal to
= $330,000 ÷ 185,000 shares
= $1.78 per share
Answer:
C - larger; smaller
Explanation:
Marginal effects usually determine the change in a dependent variable (overall medical spending) based on a change in another variable that affects the dependent one (Spending on preventative care), all things remaining the same. If spending on preventative care is high, the overall medical bill should be low, assuming treatment costs, labor costs of health workers and all other factors are constant. If preventative care spending is low, the overall medical spending will be high.
The marginal effects of overall medical spending on health status is larger in the US. The marginal effects of preventative care spending on health is likely smaller than for overall spending.
