Answer:
$2,145
Explanation:
For the computation of Net Operating Profit After Taxes (NOPAT) first, we need to compute the tax rate which is shown below:-
Tax rate = Tax expense ÷ Earnings before tax
= 700 ÷ 2,000
= 35%
Net Operating Profit After Taxes (NOPAT) = EBIT × (1 - tax rate)
= 3,300 × (1 - 35%)
= $2,145
Therefore for computing the Net Operating Profit After Taxes (NOPAT) we simply applied the above formula.
Answer:
Cost principle
Explanation:
Cost principle -
It refers to the amount of the specific object to be recorded during the time of acquiring , is referred to as cost principle .
Cost principle is also called historical cost principle.
During the acquisition , the amount recorded need to be correct , any alteration in the amount leads to the violation of the cost principle.
Similar situation is showcased in the question,
Hence , from the given options the correct option is cost principle.
Answer:
Under the installment sales method, the total contract price is $85,000
gain on the sale is $58,800 ( 85,000 + 15,000 - 40,000 - 1,200)
and the amount of gain reported in 2018 is $3,459.
Answer:1. $7720
2. $7945
3. $7758
Explanation: 1. First in First out method which means the first inventory to be purchased by company will be the first to be sold.
Total cost of Sales = Total number of units Sold * Total Cost of inventory sold
= 100units*$5+ 300units*$5.30+ 200units*$5.35 + 450units*$5.60
=$7720
Total units sold=1450 we started from first inventory which was the balance of inventory of 100 units downwards up to the 1450th unit sold that was purchased on the 26th of April by the company.
2. Last in first out method is where the last bought inventory is sold first.
Total cost of sales= Total number of units sold * Total cost of units sold =200units$*5.80+ 600units*$5.60+ 200units*$5.35+300units*$5.30+150units*$5.1
=$7945
Total units sold still 1450 but we calculated the cost from the last purchased unit from 30th April to the 1450th unit sold which was on the 12th of April.
3. Average Cost = (Sum of all costs/Total number of costs)* total units sold
= (($5+$5.1+$5.3+$5.35+$5.6+$5.8)/6)* 1450
=$7769.58
Answer: Service and Information.
Explanation:
The Knot provides different services that is related to planning a wedding. It also provides information for starting your life as a married couple. The different services and information offered are:
-Recommendations for several wedding related things
-Establish website that acts as a registry
-Providing information on how to begin life as a married couple
