Answer:
The cost of goods sold is $68970
Explanation:
The cost of goods sold is the cost of inventory that a company sells in a partcular period.
The cost of goods sold can be calculated as,
Cost of Goods sold = Opening inventory + Purchases - Closing Inventory
Cost of Goods Sold = 16500 + 71500 - 19030 = $68970
Answer:
D) $62.57
Explanation:
One should be willing to pay the intrinsic value or fair price, computed using the present value of dividends
Intrinsic value or fair Price = 2.3/1.14 + 2.645/1.14^2 + 3.04/1.14^3 + (3.04*(1+10%)/(14%-10%))/1.14^3
= $62.57
Therefore, You should be willing to pay $62.57 for this stock.
I believe that False is the correct choice out of the answers given above.
Annual fee, balance transfer fee, cash advanced fee, late fee, and over-the-limit fee are your answers.
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