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PSYCHO15rus [73]
4 years ago
10

Konan, Inc. needs to determine its inventory value. The following information pertains to the individual products in ending inve

ntory: Product Cost Replacement Cost Selling Price Cost of Completion Normal Profit L-19 $40 $38 $50 $2 $11 M-23 52 40 60 10 8 N-05 20 24 30 2 6 Assuming Konan uses the FIFO method for costing its inventory, writedown of inventory value for item M-23 is:
Business
1 answer:
cluponka [151]4 years ago
3 0

Answer:

$2

Explanation:

The computation is shown below:

As we know that

Net realizable value = Selling price − Cost of completion

= $ 60 - $10

= $50

And, the cost of the item M-23 is $52

So, the write down of inventory value of the item M-23 is

= Cost of the item - net realizable value

= $52 - $50

= $2

We simply deduct the cost from the net realizable value so that the write down value could come

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g The discount rate assigned to an individual project should be based on: C) an average of the company's overall cost of capital
melomori [17]

Answer:

E) the risks associated with the use of the funds required by the project.

Explanation:

Discount rate for an individual project should be based on the riskiness of the project.

Using the company's overall weighted average cost of capital might lead to misleading estimates because the project might be more or less risky than the overall firm

5 0
3 years ago
Suppose the earnings per share of a stock is $2 and the current price/earnings (p/e) ratio is 10. what is the current price of t
Brums [2.3K]

The current price of the stock = $20

<h3>What is  stock?</h3>

The division of ownership of a corporation or company into shares is known as stock. Depending on the total number of shares, one share of stock represents a fractional ownership interest in the company.

<h3>What is mathematical operation?</h3>

An operation is a function in mathematics that converts zero or more input values, also known as operands, into a clearly defined output value. The operation's complexity is determined by the number of operands, sometimes referred to as arguments.

<h3>According to the given information:</h3>

The earnings per share of a stock is  = $2

the current price/earnings (p/e) ratio is =  10

the current price of the stock = P/E

                                             10 = P/2

                                               P = 10*2

                                                P = 20

The current price of the stock = $20

To know more about mathematical operation visit:

brainly.com/question/12809457

#SPJ4

3 0
2 years ago
Delaney Company is considering replacing equipment that originally cost $600,000 and that has $420,000 accumulated depreciation
Annette [7]

Answer:

$180,000

Explanation:

A sunk cost refers to the cost that is incurred by the businesses but this cost cannot be recovered by the businesses.

Here, given that

Cost of equipment = $600,000

Accumulated depreciation = $420,000

Cost of new machine = $790,000

In this situation, the sunk cost is determined by subtracting the cost that are related to previous year from the cost of the equipment.

Sunk cost =  Cost of equipment - Accumulated depreciation

                 = $600,000 - $420,000

                 = $180,000

3 0
3 years ago
Lower inventory levels Group of answer choices make processes less dependent on each other while revealing bottlenecks more quic
Nat2105 [25]

Answer:

The correct answer will be "more dependent on each other while revealing bottlenecks more quickly".  

Explanation:

  • Maintaining low inventory rates seems to be a common goal for businesses around logistics as well as inventory. Inventory needs supervision and is responsible for the costs.
  • A traditional inventory manager could use the level of inventory including the sale of products and services to assess the best period whether to produce more, whether they control the manufacturing of a supplier, as well as to acquire more when the commodity is kept as stock in something like a department store.
8 0
3 years ago
What is the difference between financial and managerial accounting ?
horrorfan [7]

Answer:

Financial accounting refer to the financial statement while, managerial is more focus into internal reports

In details, the most difference are as follows:

Aggregation.

Financing reports on the complete firm. While Managerial; at product, division or customer level.

Proven information.

Financing require certain criteria to ensure precision. It need to prove correct to third parties. While Managerial uses budget, forecast and estimated values.

Reporting focus.

Financial accounting is oriented toward outside

Managerial accounting analysis stays within a company.

Legislation:

Financial accounting faces the GAAP, IFRS and heavy legislation.

Managerial accounting doesn't

Time period.

Financial accounting has a historical orientation their reports are resumes of past transactions and operations.

Managerial accounting has a future orientation.

Timing.

Financial Statement are done at end of an accounting period.

Managerial accounting issues on demand of the board or supervisor.

8 0
4 years ago
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