16. Demographics are

Alphabet Company, which uses the periodic inventory method, purchases different letters for resale. Alphabet had no beginning in

RSB [31]

Answer:

$82

Explanation:

Month Quantity rate Total

January purchase 7 letters 6 42

February 5 letters 8 40

March 6 letters 9 45

Total 18 127

Number of letters sold = 6

Closing inventory = 18 - 6 = 12

Using LIFO , the last set of item purchased are the first to be sold , therefore the closing inventory will be

(5*8)+(7*6)= $82

3 0

3 years ago

g "The cost of salaries paid to employees who work in a factory maintaining the heating system is considered:"

Doss [256]

Answer:

Factory overhead

Explanation:

FACTORY OVERHEAD can be defined as the costs which are often incurred during the manufacturing process and they don't include the costs of direct labor and the costs of direct materials which is why FACTORY OVERHEAD are often aggregated into the cost pools as well as been allocated to units produced during the manufacturing period.

In order word FACTORY OVERHEAD can be seen as the total cost which is been involved in operating all of the production facilities of a manufacturing business in which they cannot be traceable directly to a product and it also include the cost of salaries which is been paid to employees who work in a factory .

6 0

3 years ago

Terry is calculating the present value of a bonus he will receive next year. The process he is using is called:

MArishka [77]

The process used by Terry is known as Discounting.

<h3><u>What is Discounting?</u></h3>

A value obtained in the future is converted to an equivalent value received right away through the process of discounting.
Discounting takes into account the relative value of a dollar received now against one received in 50 years, for instance.
By converting future dollars into current dollars, the discounting process allows for the conversion of units of value over a range of time periods.
Decision-makers utilize discounting to fully comprehend the costs and benefits of policies that have long-term effects.

Discounting is a method for calculating the gap between current and future values.

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3 0

2 years ago

BARSIC [14]

Answer: The answer is $128,000

Explanation:

$ $ $ $

Selling price. 180,000. 140,000. 120,000. 60,000

Less 10% commission 18,000. 14,000. 12,000. 6,000

-------------- -------------- --------------- -------------

162,000. 126,000 108,000. 54,000

Less cost. 128,000. 133,000. 90,000. 45,000

--------------- ---------------- --------------- ----------------

34,000 (7,000) 18,000. 9,000

Add: replacement cost 120,000. 130,000 110,000. 41,000

------------------ --------------- --------------- --------------

Inventory 154,000. 137,000. 128,000. 50,000

----------------------- ----------------- ------------------ -----------------

3 0

3 years ago

Braam fire prevention corp. has a profit margin of 9.70 percent, total asset turnover of 1.52, and roe of 18.58 percent. what is

Novosadov [1.4K]

Braam fire prevention corp. has a profit margin of 9.70 percent, total asset turnover of 1.52, and roe of 18.58 percent. The firm's debt-equity ratio will be 0.91.

<h3>What is debt- equity ratio?</h3>

A phrase used in accounting to describe the capital structure of a company is the debt-equity ratio. This ratio is computed specifically by dividing a company's total debt by its entire equity.

<h3>monetary ratios</h3>

Financial ratios are measurements that analysts use to assess business performance and to compare those ratios with other companies in the same industry. They are evaluated according to the firm's financial statements.
The liquidity ratios, solvency ratios, profitability ratios, and market outlook ratios are the common classes into which the financial ratios can be divided. Each lesson will highlight a different aspect of the company.
Before performing their analysis, analysts should, however, evaluate the completeness and transparency of the provided financial statements. The financial statements could be manipulated by some internal investors for personal gain.

ROE = profit margin × asset turnover × equity multiplier

18.58% = 9.70% × 1.52 × equity multiplier

equity multiplier = 1.91

Then debt-equity ratio is calculated as:

debt-equity ratio = equity multiplier - 1

debt-equity ratio = 1.91 - 1

debt-equity ratio = 0.91

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7 0

1 year ago