Answer: $5,500
Explanation:
The Cost of Goods available for sale is the price of the inventory and purchases that the company intends to sell.
June 1 Inventory = $1,000
June 12 Purchase = $2,400
June 23 Purchase = $2,100
Cost of goods available for sale = 1,000 + 2,400 + 2,100
= $5,500
<span>How could biotechnology affect your privacy? Biotechnology can be used to perform tests that weren't necessary. If these tests are performed health insurance companies may find issues that weren't presented at the time of insuring them and decide not to insure. Biotechnology is the growing of biological processes for different purposes to manipulate microorganisms int the production of antibiotics and hormones. These technology's are growing and giving more focus on what biotech can do for our country and those suffering from illness and hormone issues. </span>
Protein folding is often described as a highly cooperative
process. This means that proteins tend to be
folded or unfolded without the presence of partially folded states.
<span>Proteins help build hormones, enzymes and other body muscles.
It is also the basic for blood, skin and bones etc. in human body.</span>
Answer:
The expected return on the portfolio is:
10.31% ($3,331.40)
Explanation:
a) Data and Calculations:
Portfolio investments: Expected Returns % Expected Returns $
Stock M = $13,400 8.50% $1,139
Stock N = $18,900 11.60% $2,192.40
Total $32,300 10.31% $3,331.40
Total expected returns in percentage is Expected Returns $/Total Investments * 100
= $3,331.40/$32,300 * 100
= 10.31%
b) The expected returns on the portfolio is derived by calculating the expected returns for each investment and summing up. Then dividing the expected portfolio returns by the portfolio investment. This yields 10.31% percentage value.
Answer:
Answer for the question:
Windsor Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $107,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $184 per share. (Round answers to 0 decimal places, e.g. $1,225. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit (a) enter an account title for case A
is given in the attachment.
Explanation:
