<u>Solution and Explanation:</u>
<u>Purchased</u>
Date Description Units Value Per unit cost
1st august Purchase 300 1560 5.20
12th august Purchase 400 2340 5.85
24th august Purchase 400 2520 6.30
30th august Purchase 300 1980 6.60
Total 1400 8400
The Closing quantity = 500
The number of Units that have been sold = 900
Value of inventory as per First in first out ( FIFO) method is calculated as follows
= 3240
Therefore, the answer is $3240.
The Walt Disney Company has developed a strategy that pursues diversified business operations in an effort to maintain its competitive edge.
What is corporate diversification strategy ?
When businesses want to expand, they use a diversification approach. In order to boost revenues, it is a practice to add a new product to your supply chain. These goods may represent a new subset of the market that your organization already serves, a strategy known as business-level diversification. Instead, if you enter a new market, corporate-level diversification takes place.
One of the four growth techniques popularized by Igor Ansoff is diversification. One of these growth strategies is more likely to be a fit for your business than the others, depending on the sector, size, and goals of your organization.
To learn more about diversification strategy checkout the link below :
brainly.com/question/417234
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Answer:
Explanation:
The adjusting entry to record the credit losses is shown below:
Bad debt expense A/c Dr $45,000
To Allowance for doubtful debts $45,000
(Being bad debt is recorded)
The credit loss computation is shown below:
= Credit sales × estimated percentage
= $900,000 × 5%
= $45,000
For recording this transaction, we debited the expense account and credited the contra asset account.
Answer:
$359,000
Explanation:
Total Bond issue costs can be calculated by adding all the cost related to the issue of bond.
Bond Certificate printing cost = $24,000
Legal fees paid = $90,000
CPA registration = $15,000
Underwriting Commission = $230,000
Total Bond issue costs = $359,000
After adding all the cost we reached at 359,000 and its closest to Option A 360,000
Beginning of a rellationship
