The implicit interest based on the information given is $165.
<h3>How to calculate the interest?</h3>
It should be noted that the implicit interest is calculated as:
= Inventory worth × Discount rate
= $16500 × 1%
= $165
Therefore, the implicit interest based on the information given is $165.
Learn more about interest on:
brainly.com/question/24080432
#SPJ1
Answer:
The answer is given below;
Explanation:
Preferred Stock Dr.$39,000,000
Common Stock Cr.$33,000,000
Paid in capital in excess of par-Common stock (39,000,000-33,000,000) Cr.$6,000,000
As the book value of preferred stock is greater than the price paid at the time of conversion into common stock,therefore excess amount is paid in capital in excess of par for common stocks.As the preferred stock is reduced by their book value,therefore it is debited and common stock is credited with its cost.
Answer:
I think manager??????????
Answer:
0.6
Explanation:
Data provided :
Mean = 100
Standard deviation = 20
Salvage value of the tree = $ 0
Actual cost of the tree = $ 20
Selling cost of the trees = $ 50
Now, the cost of shortage = Selling cost - actual cost = $ 50 - $ 20 = $ 30
and the outrage cost = actual cost = $ 20
Now,
the service level is calculated as:
service level = 
on substituting the value, we get
service level = 
or
Service level = 0.6
I believe the answer would be C because first we gather materials like cotton strings ect, then we produce it and make something out of cotton and strings ect, and then we distribute it to retail to get sold and earn money. Hope this helps!
